S.J.S. Enterprises Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 16, 2025
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S.J.S. Enterprises Limited has notified the 20th Annual General Meeting of shareholders, to be held on Wednesday, July 16, 2025 at 3:30 PM IST via video conferencing. Key items on the agenda include adoption of audited financial statements for FY2024-25, declaration of a dividend of ₹2.50 (25%) per equity share on a face value of ₹10, and re-appointment of Mr. Sanjay Thapar as Director (retiring by rotation). Shareholders will also consider appointing M/s. S.R. Batliboi & Co. LLP as statutory auditors for five years (until the FY ending March 31, 2030), re-appointing Mr. K A Joseph as Managing Director for a five-year term effective April 1, 2025, and approving a special resolution to raise the overall managerial remuneration ceiling from 11% to 15% of net profits for FY2025-26 to accommodate stock option exercises. The cut-off date for e-voting eligibility is July 9, 2025, with the e-voting window running from July 13 (9:00 AM) to July 15 (5:00 PM), 2025.
Shareholders on the record date of July 9, 2025 stand to receive a ₹2.50 dividend per share if approved at the AGM. The proposal to lift the managerial remuneration cap to 15% of net profit signals potential higher payouts to executives, partly tied to stock option exercises, which may modestly impact future earnings allocation but is not expected to materially affect the dividend.