Nitiraj Engineers Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 23, 2025
NITIRAJ · price
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Nitiraj Engineers Limited has issued the notice for its 26th Annual General Meeting scheduled for Tuesday, September 23, 2025 at 1:00 PM, to be held through video conferencing. Key ordinary business items include adoption of the audited financial statements for FY ended March 31, 2025, declaration of a final dividend of 15% (Re. 1.5 per equity share on face value of Rs. 10), and re-appointment of Mr. Gajendra Deshmukh as director retiring by rotation. Special business items include ratification of cost auditor remuneration (Rs. 55,000), appointment of M/s D Sagar & Associates as Secretarial Auditor for 5 years at Rs. 75,000, and upward revision in remuneration for the Managing Director and three Whole-Time Directors effective April 1, 2025. Re-appointments of Mrs. Shakuntala Bhatwal and Mr. Yi Hung Sin as Whole-Time Directors for another 5-year term from September 28, 2025 are also on the agenda. E-voting will be open from September 19 to September 22, 2025, with the record date set as September 16, 2025.
The 15% final dividend rewards shareholders and indicates the company remains profitable for FY25. Most resolutions are routine governance matters, though the upward revisions in director remuneration and multiple director re-appointments reflect continuity in the existing leadership. No material strategic change is signaled from this filing.