Proceedings for 39th Annual General Meeting of the Company for FY 2024-25
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nikhil Adhesives Limited held its 39th Annual General Meeting on September 23, 2025, via Video Conferencing from 3:00 PM to 3:40 PM IST, with 45 members attending remotely. The meeting covered adoption of audited financial statements for FY 2024-25 and declaration of a dividend of Re. 0.22 per equity share (face value Re. 1). Ordinary business included re-appointment of Mr. Rajendra Jayantilal Sanghavi (Whole-Time Director) retiring by rotation, and appointment of M/s PHD & Associates as Statutory Auditors. Special business included ratification of cost auditor remuneration, reappointment of Mr. Pravin Kanubhai Laheri as Independent Director for a second 5-year term, appointment of Somani & Associates as Secretarial Auditors, and a proposal to increase the overall maximum remuneration limit payable to directors. E-voting was open from September 20-22, 2025, with the scrutinizer's report due within 2 working days.
Routine AGM proceedings confirming a modest dividend of Re. 0.22 per share for FY25 and seeking shareholder approval for director reappointments, auditor changes, and an increase in directors' remuneration ceiling — all standard governance items with no immediate price-moving signal, though the remuneration limit hike may draw shareholder attention.