We are herewith enclosing the copy of proceedings of the 20th Annual General Meeting held on 06th August, 2025 at the corporate office at 139, Guardian House, Infantry Road, Bangalore- ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Pecos Hotels and Pubs held its 20th AGM on August 6, 2025 in Bangalore, with 5 members present in person and 4 proxies, chaired by Mr. Shanthi Kiran Bulla. Shareholders approved the audited financial statements for the financial year ended March 31, 2025, and the statutory auditor's report carried no qualifications. A final dividend of Rs. 3.50 per equity share (face value Rs. 10) was declared for FY 2024-25. Mr. Pradosh Dhanraj was re-appointed as director retiring by rotation, M/s Phillipos & Co was re-appointed as statutory auditors for a second 5-year term till the 2030 AGM, and Mr. Pramil Dev was appointed as secretarial auditor for FY 2025-26 to FY 2029-30. Shareholders also approved remuneration of Rs. 1,30,000 per month for Whole Time Director Mr. Liam Norman Timms and Rs. 69,000 per month plus Rs. 5,000 travel allowance for Executive Director Mr. Pradosh Dhanraj, both effective April 1, 2025.
The Rs. 3.50 per share dividend offers a direct payout to shareholders, while all other items are routine governance approvals with no material negative implications for the stock.