Pashupati Cotspin Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2025
PASHUPATI · price
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Pashupati Cotspin Limited held its 8th AGM on September 30, 2025, at its registered office in Kadi, Gujarat, running from 4:00 PM to 4:35 PM IST. The meeting was chaired by Managing Director Saurin Jagdishbhai Parikh, with all directors, the CFO, statutory auditor, and secretarial auditor in attendance. Out of 791 shareholders on the record date (September 23, 2025), 17 members attended in person, and voting was conducted through remote e-voting (September 27-29) plus ballot papers at the meeting. Ordinary business covered adoption of FY25 audited financial statements, re-appointment of MD Saurin Parikh by rotation, and declaration of a final dividend of Rs 0.50 per equity share (5%) for FY ended March 31, 2025. Special business included ratification of cost auditor remuneration, appointment of a new secretarial auditor for five years, and shareholder approval for material related party transactions with group entities (Pashupati Cotton Industries, Pashupati Cotyarn LLP, Pashupati Texspin Export LLP, and R V Enterprise) for FY 2025-26 and FY 2026-27.
The Rs 0.50 per share final dividend is a modest but positive return for shareholders. The approval of multiple material related party transactions with promoter group entities is routine for this kind of group structure but investors should monitor that such deals remain on arm's length terms. Voting results and any dissent will be filed separately with the exchanges.