Savita Oil Technologies Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 22, 2025
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Savita Oil Technologies Limited has issued the notice for its 64th Annual General Meeting (AGM) scheduled for Monday, September 22, 2025, at 11:00 a.m. via Video Conferencing. Key business items include adopting the audited financial statements for FY2024-25, declaring a dividend on equity shares, and re-appointing Mr. Vishal Sood (DIN: 10734919), who retires by rotation. Additionally, members will vote on appointing MP & Associates as Secretarial Auditors for a 5-year term (April 2025 to March 2030) at a fee of ₹87,500 for FY2025-26, and on approving ₹2,75,000 remuneration for Kishore Bhatia & Associates as Cost Auditors for FY2024-25 and FY2025-26, replacing the previous Cost Auditor Kale & Associates who resigned due to domestic reasons. Remote e-voting opens on September 18, 2025 (9:00 a.m.) and closes on September 21, 2025 (5:00 p.m.), with the cut-off date set as September 15, 2025. The company also disclosed that ₹12.44 lakh of unpaid/unclaimed dividend for FY2016-17 has been transferred to the Investor Education and Protection Fund (IEPF).
This is a routine AGM notice with no material surprises. Shareholders should note the dividend declaration agenda item, the appointment of new Secretarial and Cost Auditors, and the cut-off date of September 15, 2025 for determining e-voting eligibility. Mr. Vishal Sood, who draws ₹1.02 crore in remuneration, is up for re-appointment by rotation.