Please find enclosed the Intimation of 50th Annual General Meeting along with copy of Notice.
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SAL Automotive Limited has informed BSE that its 50th Annual General Meeting will be held on Friday, September 26, 2025 at 3:00 PM through Video Conferencing (VC)/OAVM. Key items on the agenda include adoption of audited financial statements for FY ended March 31, 2025, and declaration of a final dividend of Rs. 2.5 per equity share (25% on face value of Rs. 10). Other items include ratification of Cost Auditor remuneration of Rs. 85,000 for M/s SDM & Associates, appointment of M/s Arora & Co as Secretarial Auditors for five years (FY 2025-26 to FY 2029-30) at Rs. 72,000 per year, re-appointment of Mr. Kailash Nath Agarwal as Independent Director for a second 5-year term (Aug 2025 to Aug 2030), and re-appointment of Ms. Namrata Jain as Whole-time Director (ED-Finance & CFO) for 3 years from November 10, 2025 with a monthly salary of Rs. 1,41,625 plus allowances of Rs. 2,12,438. Remote e-voting will be open from September 23-25, 2025 with cut-off date of September 19, 2025.
Shareholders can expect the Rs. 2.5 per share dividend for FY25 (subject to AGM approval), and several board-level changes including the re-appointment of the CFO and an Independent Director. These are routine governance items and should not have a material impact on the stock price, though the dividend confirmation is positive for income-focused investors.