N. B. I. Industrial Finance Company Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 22, 2025
NBIFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
N. B. I. Industrial Finance Company Limited held its 90th Annual General Meeting on August 22, 2025, at its Kolkata registered office. A total of 82 members attended, including proxies and authorized representatives. Shareholders adopted the standalone and consolidated financial statements for FY ending March 31, 2025, and approved a dividend of Rs 0.50 per share on equity shares of face value Rs 5 each. Both the Statutory Auditor and Secretarial Auditor reports were clean with no qualifications or adverse remarks. The meeting also approved re-appointment of directors Ashok Bhandari and Jagdish Prasad Mundra (retiring by rotation), re-appointment of Priyanka Mohta as Independent Director for 59 months from September 29, 2025, authorisation for the Board to fix Statutory Auditor remuneration for FY26, and appointment of Baid & Bengani Associates LLP as the new Secretarial Auditor for five years (FY 2025-26 to FY 2029-30).
The clean audit reports and steady dividend of Rs 0.50 per share signal financial stability and continuity in returns for shareholders. Long-term auditor and director appointments indicate stable governance with no major disruptions expected.