Salzer Electronics Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 12, 2025
SALZERELEC · price
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Salzer Electronics Limited has notified the exchange about its 40th Annual General Meeting (AGM) scheduled for Friday, September 12, 2025 at 11:30 a.m., to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). Key dates include a record date of August 29, 2025 (for dividend eligibility) and e-voting from September 8 to September 11, 2025. The AGM will consider adopting the standalone and consolidated financial statements for FY 2024-25 and declare a dividend of Rs. 2.50 (25%) per equity share on a face value of Rs. 10. Two directors, Mr. D. Rajeshkumar and Mr. D. Vishnu Rangaswamy, are seeking re-appointment on retirement by rotation. Additionally, M/s. G V and Associates is proposed to be appointed as Secretarial Auditors for a first term of five years from FY 2025-26, and the remuneration of Rs. 1,75,000 per annum for the Cost Auditor (CMA A. R. Ramasubramania Raja) for FY 2025-26 is up for ratification.
Shareholders holding shares as of August 29, 2025 will be eligible for the Rs. 2.50 per share dividend for FY 2024-25, subject to approval at the AGM. The dividend is a positive cash return signal, and the AGM business items are largely routine, so the filing is informational with mild positive sentiment for income-focused investors.