Orient Bell Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 05, 2025
ORIENTBELL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Orient Bell Limited has issued the notice for its 48th Annual General Meeting (AGM) to be held on Tuesday, August 5, 2025 at 10:30 AM via Video Conferencing (VC/OAVM). The ordinary business includes adopting audited financial statements for FY ending March 31, 2025, re-appointing Mr. Madhur Daga as a director (retiring by rotation), and declaring a dividend of Rs. 0.50 (50 paise) per equity share (5% on face value of Rs. 10) for FY 2024-25. Special business includes appointing Ms. Ashu Gupta as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), re-appointing Ms. Bindiya Shyam Agrawal as Non-Executive Non-Independent Director from October 28, 2025 to October 27, 2026 with remuneration, and seeking shareholder approval for related party transactions with M/s Proton Granito Pvt. Ltd. and M/s Corial Ceramic Pvt. Ltd. The record date for the AGM and dividend entitlement is July 21, 2025, and remote e-voting will be open from August 2, 2025 (9:00 AM) to August 4, 2025 (5:00 PM).
Shareholders holding shares as of the July 21, 2025 record date will be eligible to receive the Rs. 0.50 per share dividend and vote on the resolutions, including the dividend declaration and related party transactions. The small dividend (5% on face value) suggests modest returns, and shareholders should review the related party transaction proposals and director re-appointments before voting.