SKM Egg Products Export (India) Limited has informed the Exchange regarding copy of minutes.
SKMEGGPROD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SKM Egg Products Export submitted the minutes of its 30th AGM, which was held via video conferencing on 3rd September 2025. Shareholders approved the audited financial statements for FY ended 31st March 2025 and declared a final dividend of Rs 1.50 per share (15%) on equity shares of Rs 10 face value. A special resolution was passed to re-appoint Shri SKM Shree Shivkumar as Managing Director for a further three-year term (25th June 2025 to 24th June 2028), with a basic salary cap of Rs 3.50 crore per annum plus up to 5% commission on net profits. Mrs S. Kumutaavalli was also re-appointed as Non-Executive Director (retiring by rotation). Additionally, Mr R. Saiprasath was appointed as Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30. All resolutions were passed with the requisite majority as confirmed by the scrutinizer's report dated 4th September 2025.
The 15% final dividend is a positive cash return for shareholders, while continuity at the top management level (MD re-appointment) signals stability. The pre-approved remuneration structure for the MD is now formally on record, giving investors visibility into management compensation.