MRF Limited has informed the Exchange about proceedings of the Annual General Meeting held on 7th August,2025
MRF · price
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MRF Limited held its 64th AGM on 7th August 2025 via video conferencing, with all six items of business approved by members. The key highlight was the declaration of a final dividend of Rs. 229 per equity share (2290%) on a face value of Rs. 10 for FY25. Members also adopted the audited standalone and consolidated financial statements for the year ended 31st March 2025. Two directors — Mr. Rahul Mammen Mappillai and Mrs. Ambika Mammen — were re-appointed as directors liable to retire by rotation. The remuneration of Cost Auditor Mr. J. Karthikeyan was ratified, and M/s. Elangovan & Associates was appointed as Secretarial Auditors for a five-year term from April 2025 to March 2030. E-voting was conducted between 2nd and 6th August 2025, and the meeting concluded at 11:41 a.m.
The Rs. 229 per share final dividend (2290% on face value) is a strong cash reward for shareholders and signals healthy profitability and cash flow. The re-appointments and auditor changes are routine governance matters with no material impact expected on the stock price.