Please find attached herewith the intimation regarding the 52nd Annual General Meeting of the Company to be held on Wednesday, July 30, 2025, through Video Conferencing ("VC")/ Other Audio ....
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The board approved audited financial results for Q4 and FY ended March 31, 2025, along with an unmodified opinion from statutory auditor Deloitte Haskins & Sells LLP. Total revenue from operations rose modestly to ₹20,841.35 lakhs (FY25) from ₹20,069.97 lakhs (FY24), about 3.8% growth. Profit after tax grew to ₹3,598.22 lakhs from ₹3,123.34 lakhs, a roughly 15% rise, with EPS at ₹3.95 vs ₹3.43. The board has recommended a dividend of ₹2 per share (20% on face value of ₹10), subject to shareholder approval at the 52nd AGM on July 30, 2025, with the record date set for July 15, 2025. Non-Executive Director B. Santhanam resigned due to superannuation from the Saint-Gobain Group, and Sreedhar Natarajan (currently CFO of the Saint-Gobain Group) was inducted as an Additional Non-Executive Director. A new CFO, Senthil Nathan Seetharama Gurukkal, was appointed, replacing the outgoing CFO. Additionally, V N Deodhar & Co was appointed as Secretarial Auditor for FY26–FY30.
Results show steady, if unspectacular, growth with a clean audit report, supporting stable investor sentiment. The 20% dividend reinforces shareholder returns, while senior leadership changes reflect a smooth succession aligned with the parent group's global reshuffle, with no immediate governance red flags.