The 42nd AGM of the Nitin castings Limited will be held on Monday, 01st September, 2025 at 12.00 Noon (IST) through Video Conferencing/Other Audio Video means.
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Nitin Castings Limited has called its 42nd Annual General Meeting on Monday, September 1, 2025, at 12:00 noon via video conferencing. Shareholders will consider the adoption of audited FY25 financial statements, re-appointment of Mr. Nipun Kedia as a director (retiring by rotation), and approval of a final dividend of Rs. 3 per equity share on shares of face value Rs. 5. Special business includes seeking shareholder approval for related party transactions (covering director remuneration, rent paid to relatives, and professional fees to promoter-linked entities), ratification of cost auditor remuneration of Rs. 30,000 for FY26, appointment of Ms. Kala Agarwal as secretarial auditor for five years (FY26–FY30), and an increase in managerial remuneration for CMD Mr. Nitin Kedia and Executive Director Mr. Nirmal Kedia with effect from April 1, 2025. Remote e-voting runs from August 29 to August 31, 2025, with record date of August 25, 2025.
The Rs. 3 dividend on a Rs. 5 face value (a 60% payout) signals steady profitability and direct cash return for shareholders. The related-party resolutions bundle a wide range of payments to promoter family members and group entities, so shareholders voting in favour should be comfortable with the disclosed transactions, which are stated to be at arm's length.