This is to inform you that at 40th AGM of the Company held on September 19, 2025, the members have approved the following; 1. Final Dividend of Rs. 0.10/- (Ten Paise Only) (10%) per Equity ....
SYSTMTXC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At the 40th Annual General Meeting held on September 19, 2025, shareholders approved a final dividend of Rs. 0.10 (10%) per equity share on a face value of Re. 1 for FY ending March 31, 2025. Members also approved the appointment of Mrs. Sonam Jain as Secretarial Auditor for a 5-year term from FY 2025-26 to FY 2029-30. Additionally, the company received approval for 'Systematix Employee Stock Option Scheme 2025' (ESOP 2025), allowing up to 68,26,901 stock options convertible into an equal number of equity shares of Re. 1 each, with exercise price set at up to 30% discount to market price. ESOPs will also be extended to employees of subsidiary companies.
The dividend is modest (Rs. 0.10 per share on Re. 1 face value) and unlikely to be a major price catalyst on its own. The ESOP 2025 scheme introduces potential dilution of up to 68.27 lakh shares, though options granted will vest over 1-4 years and shares will be issued via primary issuance, so near-term dilution pressure is limited.