Proceedings of 18th Annual General Meeting held on Tuesday, 30th September, 2025
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Shelter Pharma Ltd held its 18th AGM on September 30, 2025, at 10:00 AM in physical mode at its registered office in Himmatnagar, Gujarat, which concluded at 10:30 AM. Shareholders approved the adoption of the audited financial statements for the financial year ended March 31, 2025. A dividend of 3.5% (Rs. 0.35 per equity share) was declared for FY25. Mr. Mustaqim Nisarahmed Sabugar (DIN: 01456841) was re-appointed as Managing Director, liable to retire by rotation. M/s Alvi & Associates were appointed as the new Statutory Auditors in place of the resigning auditor, and M/s Murtuza Mandorwala and Associates were appointed as Secretarial Auditors. E-voting was facilitated through Bigshare Services, and voting results were to be announced within 48 hours.
The 3.5% dividend (Rs. 0.35/share) provides a modest payout to shareholders. The change in statutory auditors may warrant a watch for any governance or transitional concerns, while continuity in leadership is maintained with the re-appointment of the Managing Director.