PDS Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 24, 2025
PDSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
PDS Limited held its 14th AGM on July 24, 2025, via video conferencing from 2:35 PM to 3:55 PM IST, with 54 members in attendance. Chairman Dr. Deepak Kumar Seth outlined the company's performance for FY25 and discussed global challenges and growth opportunities. The Board announced a total dividend of ₹3.35 per equity share (approximately 29% payout) for the financial year, comprising an interim dividend of ₹1.65 per share already paid and a proposed final dividend of ₹1.70 per share. Shareholders considered five resolutions, including adoption of audited financial statements, declaration of the final dividend, re-appointment of Mr. Pallak Seth (who retires by rotation), appointment of SGGS & Associates as Secretarial Auditors, and re-appointment of Ms. Sandra Campos as Independent Director. E-voting results will be filed with the stock exchanges separately within statutory timelines.
The dividend announcement of ₹3.35 per share is a positive signal for income-focused investors, consistent with the company's policy of distributing at least 25% of profit after tax. All resolutions are deemed passed pending e-voting results, so no major governance changes are expected. The final voting outcome will provide clarity on shareholder approval.