Notice of the 11th Annual General Meeting and Integrated Annual Report for the Financial Year 2024-25
Awaiting price reaction for this filing.
Crompton Greaves Consumer Electricals has notified the 11th Annual General Meeting (AGM) of the company to be held on Friday, August 08, 2025, at 11:00 a.m. via video conferencing (VC)/OAVM. The Board has recommended a dividend of ₹3 per equity share (face value ₹2) for FY ended March 31, 2025, with the record date fixed as Thursday, July 24, 2025, and payment to be made within 30 days of the AGM subject to applicable TDS. The Integrated Annual Report for FY 2024-25, including the Business Responsibility and Sustainability Report (BRSR), has been circulated electronically and is available on the company's website and NSDL's e-voting portal. Items to be considered at the AGM include adoption of audited standalone and consolidated financial statements, re-appointment of Mr. Promeet Ghosh (DIN: 05307658) as a Director liable to retire by rotation, ratification of remuneration of ₹6,50,000 to M/s. Ashwin Solanki & Associates as Cost Auditors for FY26, and appointment of Parikh & Associates as Secretarial Auditors for a 5-year term (April 1, 2025 to March 31, 2030) at ₹2,00,000. Remote e-Voting will be open from August 04, 2025 (9:00 a.m.) to August 07, 2025 (5:00 p.m.), with August 01, 2025 as the cut-off date.
Shareholders holding shares as of July 24, 2025 (record date) will be eligible for the ₹3 per share dividend, pending approval at the AGM. The dividend declaration, financial results adoption, and re-appointment of directors are routine items but signal continuity in payouts and governance. Investors should ensure their bank and PAN details are updated with the RTA/DPs before the record date to receive timely dividend credits and avoid higher TDS deductions.