Redington Limited has informed the Exchange about Notice of Annual General Meeting to be held on July 29, 2025
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Redington Limited has informed the exchanges about its 32nd Annual General Meeting scheduled for Tuesday, July 29, 2025, at 11:00 A.M. IST, to be held via video conferencing. The record date for dividend eligibility is July 4, 2025, with e-voting open from July 25 to July 28, 2025. The Annual Report for FY 2024-25 accompanies the notice, highlighting revenue of ₹99,562 Crores (up 11% YoY), EBITDA of ₹2,257 Crores (up 5%), and profit after tax of ₹1,340 Crores (up 10%), excluding the post-tax gain from the Paynet divestment. India revenue grew 19% and UAE grew 24%, with the Software Solutions portfolio now over 15% of total business. The company divested its Paynet fintech subsidiary for $89.3 million, maintains working capital within 35–40 days, and holds AA+ (Stable) long-term and A1+ short-term credit ratings.
This is a routine regulatory filing accompanying the AGM notice and annual report. Shareholders should note the July 4, 2025 record date for dividend eligibility. The strong FY 2024-25 results, healthy ROCE of 21%, and continued growth in India and UAE signal steady fundamentals, though no immediate stock-moving catalyst is evident beyond the scheduled AGM.