The Sandesh Limited has informed the Exchange regarding the Continuation of the appointment of Shri Falgunbhai Patel as Chairman & Managing Director of the company w.e.f. September 25, 2025 after attaining the age of Seventy (70) years.
SANDESH · price
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The Sandesh Limited held its 82nd Annual General Meeting on September 25, 2025, where shareholders approved the audited financial statements for FY ended March 31, 2025. Members confirmed an interim dividend of Rs. 2.50 per share and declared a final dividend of Rs. 2.50 per share (total Rs. 5.00 per share for FY25), with the final dividend to be paid on October 10, 2025 to shareholders on record as of August 22, 2025. Smt. Pannaben Falgunbhai Patel was re-appointed as a Non-Executive Director (retiring by rotation), and M.C. Gupta & Co. was appointed as the new Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30). Shareholders also approved the continuation of Shri Falgunbhai C. Patel as Chairman & Managing Director beyond the age of 70, for the remainder of his existing term ending March 31, 2027.
Promoter-led continuity at the helm provides leadership stability, while the total Rs. 5.00 per share dividend offers a steady income for shareholders. The CMD continuation beyond age 70 ensures strategy continuity but is largely procedural and already factored into the stock.