Netweb Technologies India Limited has informed the Exchange regarding Proceedings of undefined held on August 30, 2025
NETWEB · price
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Netweb Technologies held its 26th AGM on August 30, 2025 via video conferencing, attended by 7 promoter group members and 112 public shareholders out of 1,81,662 total members on record. Key business items included adoption of FY25 audited financial statements and declaration of a final dividend of Rs. 2.50 per equity share (125% of face value). Mr. Niraj Lodha was re-appointed as a director retiring by rotation. Special business items covered ratification of Cost Auditors' remuneration for FY26 and payment of profit-based commission to four promoter-directors (Sanjay, Navin, Vivek, and Niraj Lodha) for FY24-25. M/s P.C Jain & Co was appointed as Secretarial Auditors. Voting results and the scrutinizer's report are to be filed with the exchanges by September 1, 2025.
The Rs. 2.50 final dividend (125% of face value) confirms a healthy payout to shareholders for FY25. The profit-linked commission to promoter-directors and appointment items are routine but may attract governance attention from institutional investors. The detailed voting results awaited on September 1 will be the key next data point for assessing shareholder approval margins.