Suprajit Engineering Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 13, 2025
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Suprajit Engineering has notified the exchanges that its 40th Annual General Meeting will be held on Saturday, September 13, 2025 at 2:30 PM via Video Conference. Key items on the agenda include adoption of FY25 audited financial statements, re-appointment of Mrs. Supriya Rai (Director, wife of Chairman, holding 17,22,938 shares) who retires by rotation, and confirmation of an interim dividend of ₹1.25 per share along with a proposed final dividend of ₹1.75 per share for FY25 (total ₹3.00 per share, 300%). Shareholders will also vote on ratifying remuneration of ₹2,00,000 for Cost Auditors, appointing Mr. Parameshwar G. Bhat as Secretarial Auditor for 5 years (FY26-FY30), and approving revised remuneration up to ₹60 lakh per annum for Mr. Aashish Rai (son of Chairman), currently paid ₹29 lakh as Head of Data Science. The register of members will be closed from September 7-13, 2025, with remote e-voting open September 9-12, 2025.
Routine AGM notice with no major surprises. The combined FY25 dividend of ₹3.00 per share is positive for income-seeking shareholders. The re-appointment of a promoter-family director and the higher remuneration ceiling for the Chairman's son as Head of Data Science are related-party items shareholders should note, though neither is unusual for a family-promoted business.