BSEPrevest Denpro LtdLowNeutral
Announced Thu, 14 Aug · 18:24 IST

Notice of the 26th Annual General Meeting to be held on Wednesday, September 10, 2025 at 12:30 p.m. (IST) through Video Conferencing (''VC'')/Other Audio Visual Means (''OAVM'')

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Prevest Denpro has called its 26th AGM for Wednesday, September 10, 2025 at 12:30 p.m. (IST), to be held via video conferencing. Shareholders will vote on adopting the audited standalone and consolidated financial statements for FY 2024-25. A final dividend of 10% (Rs 1 per share on a Rs 10 face value) has been proposed for FY 2024-25. Director Sai Kalyan Surapaneni, who retires by rotation, will be re-appointed. A key item is a special resolution to migrate the company's shares from the BSE SME Platform to the BSE Main Board, which the board believes will improve visibility, liquidity, and access to institutional investors. Members will also ratify Rs 1 lakh in remuneration for cost auditors M/s. PAN & Associates for FY 2024-25.

Likely market impact

The proposed Rs 1 per share dividend is a modest but tangible return for shareholders. The proposed migration from BSE SME to the Main Board is a meaningful positive step, potentially improving trading liquidity, attracting institutional investors, and enhancing the company's market profile.