Precision Camshafts Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 30, 2025
PRECAM · price
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Precision Camshafts Limited has filed the notice for its 33rd Annual General Meeting scheduled for Wednesday, July 30, 2025, at 3:00 PM via Video Conferencing/Other Audio-Visual Means. Shareholders will consider adopting the audited standalone and consolidated financial statements for FY 2024-25 and approving a final dividend of ₹1 per equity share (face value ₹10). The agenda also includes re-appointment of Mr. Ravindra R. Joshi as a director (retiring by rotation), appointment of Ms. Ruchi Bhave as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30) at a proposed fee of ₹2,00,000, and ratification of ₹1,50,000 remuneration for Cost Auditors M/s S. V. Vhatte & Associates for FY 2025-26. A special resolution is sought to allow remuneration to promoter group executive directors exceeding the 5% net profits limit under SEBI Regulation 17(6)(e). Remote e-voting opens July 27, 2025 (9:00 AM) and closes July 29, 2025 (5:00 PM), with the cut-off date being July 23, 2025.
Routine AGM notice — the ₹1/share final dividend will be confirmed upon shareholder approval. The special resolution on promoter remuneration is largely a procedural request for future flexibility and is unlikely to materially affect near-term share price, though shareholders should review the promoter pay rationale before voting.