Annual Report for the Financial Year 2024-25 and Notice of the 39th Annual General Meeting.
NILKAMAL · price
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Nilkamal has filed its Annual Report for FY 2024-25 along with the notice for its 39th AGM, scheduled for Friday, July 18, 2025 at 11:00 AM via video conferencing. Key items on the AGM agenda include adoption of audited standalone and consolidated financial statements, declaration of a final dividend of ₹20 per equity share (face value ₹10), reappointment of Mr. Hiten V. Parekh (Managing Director) who retires by rotation, and continuation of Mr. Sharad V. Parekh as Non-Executive Chairman for another 4-year term (Aug 2025 to Aug 2029). The notice also seeks shareholder approval for ratifying the cost auditor's remuneration of ₹3.50 lakh and appointing M/s N.L. Bhatia & Associates as secretarial auditors for 5 years. The register of members will be closed from July 12 to July 18, 2025, and e-voting will be open from July 15 to July 17, 2025. The annual report pays tribute to the late Shri Vamanbhai V. Parekh (Chairman Emeritus), who passed away on May 2, 2025.
Shareholders should note the record/cut-off date of July 11, 2025 to be eligible for the ₹20 final dividend and to cast their e-vote. The dividend reflects steady returns, and the leadership continuity (Sharad Parekh re-appointed as Chairman) provides stability, though the passing of Chairman Emeritus Vamanbhai Parekh marks a significant generational transition for the promoter family-led company.