This is to inform you that at the 40th AGM of the Company held on 19th September, 2025, the members have approved the following: 1. Final dividend of Rs.0.10/- (Ten Paise Only) (10%) per ....
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At the 40th AGM held on September 19, 2025, shareholders approved a final dividend of Rs. 0.10 (10%) per equity share on a Re. 1 face value for FY ending March 31, 2025. Members also approved the appointment of Mrs. Sonam Jain, a Practising Company Secretary with over 10 years of experience, as Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. Additionally, shareholders cleared the 'Systematix Employee Stock Option Scheme 2025' (ESOP 2025), which authorizes up to 68,26,901 stock options exercisable into an equal number of equity shares of Re. 1 each. The exercise price can be set at up to a 30% discount to market price (but not below face value), with vesting over 1-4 years and an exercise window of up to 4 years from vesting. The scheme will issue fresh shares and also extends to employees of subsidiary companies.
The dividend is modest in absolute terms (Rs. 0.10 per share), and the bigger takeaway for shareholders is the dilution risk from the ESOP 2025 scheme, which could issue up to ~68.27 lakh new shares — a potential supply overhang that may weigh on the stock price depending on grant and exercise activity.