Proceedings of the 49th Annual General Meeting of the Company dated 01.08.2025
NITTAGELA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nitta Gelatin India held its 49th AGM on August 1, 2025 via video conferencing, chaired by Mr. A P M Mohammed Hanish IAS. All 10 directors, including the Managing Director Mr. Praveen Venkataramanan, attended the meeting along with statutory and secretarial auditors. 68 shareholders participated through VC. Eight items of business were transacted, including adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025. Shareholders approved a dividend on 44,44,444 redeemable preference shares of Rs. 10 each at 7.65063% per annum, absorbing Rs. 34,00,280, along with a dividend on equity shares. The chairman was re-appointed by rotation, Dr. Justice (Retd.) M. Jaichandren was re-appointed as Independent Director via special resolution, and members approved related party transactions and reimbursement of insurance premiums for the Managing Director. Voting results will be filed separately.
Routine AGM proceedings with standard approvals — financial statements adopted, dividends declared, and key directors re-appointed. No extraordinary items, so likely neutral-to-mildly positive impact on stock, with the equity dividend amount awaited in the separate voting results filing.