NIRLON · price
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Awaiting price reaction for this filing.
Nirlon Limited has submitted its 66th Annual Report for FY 2024-25 along with the notice for its 66th Annual General Meeting, scheduled for September 25, 2025, to be held via video conferencing. The Board has recommended a final dividend of ₹11.00 per equity share (110% on face value of ₹10) for FY 2024-25, with a record date of September 11, 2025. The AGM will seek shareholder approval for several items including the adoption of audited financial statements, re-appointment of Mr. Arjun Khullar as Nominee Director (retiring by rotation), continuation of Mr. Rajinder Pal Singh as Non-Executive Independent Director for a five-year term (he will attain 75 years during the tenure), and re-appointment of Mr. Rahul Sagar as Executive Director & CEO for five years effective February 1, 2026. SRBC & Co. LLP continues as statutory auditor (appointed till 69th AGM), with KPMG as internal auditors and Vinay Mulay & Co. as cost auditors.
The 110% dividend recommendation signals healthy profitability and shareholder returns. Continuity in leadership (CEO re-appointment for 5 years) and established auditors (Big-4 firm SRBC) provide governance stability, likely viewed positively by shareholders.