Safari Industries (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 01, 2025
SAFARI · price
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Safari Industries has notified the 45th AGM scheduled for Friday, August 1, 2025 at 3:30 PM via Video Conferencing, along with the FY2024-25 Annual Report (including BRSR). Key business includes adopting audited financial statements, declaring a final dividend of ₹1.50 per share (75%), re-appointing Mr. Sumeet Nagar (retiring by rotation), and appointing Mr. Sanjiv Kakkar as Non-Executive Independent Director for a 5-year term. M/s. Dilip Bharadiya & Associates has been proposed as Secretarial Auditors for FY2025-26 to FY2029-30. Cut-off date for e-voting eligibility is July 25, 2025, with remote e-voting from July 29 to July 31, 2025. Consolidated FY24-25 highlights: Revenue from Operations grew ~14.3% YoY to ₹1,771.58 Cr, but EBITDA fell ~13% to ₹253.47 Cr and Profit After Tax dropped ~18.8% to ₹142.80 Cr, indicating margin pressure. Total dividend for FY24-25 is ₹3.00 per share (interim ₹1.50 already paid in November 2024, plus the proposed final ₹1.50).
Shareholders should note the e-voting cut-off of July 25, 2025 to be eligible, and the final dividend (if approved) will be paid to those on the register as of July 18, 2025. The weaker FY25 earnings—rising revenue but shrinking profits—may draw investor attention to margin headwinds, even as the 150% total dividend payout offers some income support.