Notice of 39th Annual General Meeting scheduled on 12th August, 2025
SHILCTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shilchar Technologies has called its 39th AGM for Tuesday, August 12, 2025, at 11:00 a.m. via video conferencing. Shareholders will consider FY25 results showing strong growth — revenue from operations rose 57% to ₹623 crore, EBITDA grew 63% to ₹185 crore, and profit after tax jumped 60% to ₹147 crore. The Board has recommended a final dividend of ₹12.50 per equity share of ₹10 face value, and a bonus issue of 1 new equity share for every 2 shares held, both subject to shareholder approval. A key special resolution seeks approval for direct listing of the company's equity shares on the NSE Main Board, alongside the existing BSE listing, which could broaden investor access. Other items include re-appointment of Mr. Aashay Alay Shah (retiring by rotation), appointment of KSPS & Co LLP as secretarial auditors for a 5-year term (FY26–FY30), and ratification of cost auditors' remuneration of ₹25,000 plus GST for FY26.
The combination of a healthy dividend, bonus issue, and proposed NSE listing should be positive for shareholders — rewarding existing investors while potentially improving stock liquidity and visibility. Strong FY25 earnings, a debt-free balance sheet with ₹91 crore in net cash, and expanded 7,500 MVA capacity position the company well for continued growth.