The 11th AGM of the company will be held on Tuesday, 30th September 2025 at 03:00 P.M through Video conferencing/other Audio Visual Means(OAVM)
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New Swan Multitech Limited has fixed its 11th AGM on Tuesday, 30th September 2025 at 3:00 PM via video conferencing. The Board has recommended a final dividend of 5% (Rs. 0.50 per share) on equity shares of Rs. 10 face value for FY 2024-25, subject to shareholder approval. The Board approved the appointment of M/s M.G. Jindal & Associates as Secretarial Auditor for five consecutive years from FY 2025-26 to FY 2029-30. Remuneration of Managing Director Mr. Upkar Singh has been set at Rs. 10 lakh per month (effective 1 Sept 2025), while Whole-Time Director Mr. Barunpreet Singh Ahuja's pay has been raised from Rs. 4 lakh to Rs. 6 lakh per month. The cost auditor's remuneration of Rs. 30,000 for FY 2025-26 is also being placed for shareholder ratification. The record date for dividend eligibility is 23rd September 2025, with the register of members closed from 25th to 30th September 2025.
Shareholders stand to receive a modest Rs. 0.50 per share dividend, signalling stable but small cash returns. The hike in director remuneration and reappointment of Mr. Upkar Singh are routine governance items, though the higher payout to directors may draw scrutiny from cost-conscious retail investors. The AGM outcome is largely procedural with no major strategic or operational announcement likely to move the stock materially.