THE 66TH AGM OF THE COMPANY FOR THE F.Y. 2024-25 HELD ON THURSDAY, SEPTEMBER 25,2025 AT 12.00 P.M. IST
NIRLON · price
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Nirlon Limited held its 66th AGM on September 25, 2025, via video conferencing, with all 7 resolutions passed with the requisite majority. Shareholders approved the adoption of audited financial statements for FY25 and a final dividend of Rs. 11.00 per equity share (110% on face value of Rs. 10). Director re-appointments included Mr. Arjun Khullar (retirement by rotation) and the continuation of Mr. Rajinder Pal Singh as Non-Executive Independent Director for a 5-year term (May 2024–May 2029), even after he turns 75. Mr. Rahul V. Sagar was re-appointed as Executive Director & CEO for 5 years (Feb 2026–Jan 2031) along with his managerial remuneration, with about 13.3 lakh votes abstained on this special resolution. Alwyn Jay & Co was appointed as Secretarial Auditors for 5 years (FY26–FY30), and the remuneration of the Cost Auditor for FY26 was ratified.
The final dividend of Rs. 11 per share rewards shareholders with a steady payout, while continuity in leadership (CEO and independent director re-appointed) signals stability. All resolutions received overwhelming shareholder support (above 99.9%), reflecting strong management confidence and minimal dissent.