Nilkamal Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 18, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report along with Voting Results.
NILKAMAL · price
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Nilkamal Limited held its 39th Annual General Meeting on July 18, 2025, via video conferencing from 11:00 AM to 11:55 AM IST. A total of 49 members attended, with voting conducted through remote e-voting and e-voting during the meeting. All 7 resolutions were passed with near-unanimous approval, including adoption of audited standalone and consolidated financial statements for FY25 and declaration of a final dividend of Rs. 20 per equity share on a face value of Rs. 10 (effectively 200%). Mr. Hiten V. Parekh was re-appointed as Director (retiring by rotation), Mr. Sharad V. Parekh was continued as Non-Executive Non-Independent Director (special resolution), and remuneration of cost auditors and appointment of secretarial auditors were ratified. Shareholder participation was strong with over 80% of total outstanding shares being polled on key resolutions.
Shareholders have approved a healthy final dividend of Rs. 20 per share for FY25, providing a positive income signal. All governance resolutions passed with virtually no dissent (over 99.99% in favour), indicating smooth management continuity and no governance concerns. Routine in nature; unlikely to trigger major stock price movement beyond confirmation of the already-declared dividend.