This is to inform you that at the 40th AGM of the Company held on September 19, 2025, the members have approved the following : 1. Appointment of Mrs. Sonam Jain, PCS as the Secretarial ....
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At the 40th AGM held on September 19, 2025, shareholders of Systematix Corporate Services approved a final dividend of Rs. 0.10 (10%) per equity share of Re. 1 face value for FY ended March 31, 2025. They also approved the appointment of Mrs. Sonam Jain, a Practising Company Secretary, as the Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30; she has over 10 years of experience in corporate laws and compliance. Additionally, members approved the 'Systematix Employee Stock Option Scheme 2025' (ESOP 2025), which authorises up to 68,26,901 options exercisable into equity shares, with exercise price at up to 30% discount to market price and a vesting period of 1-4 years. ESOPs will also be granted to employees of subsidiary companies under this scheme.
A modest 10% dividend signals steady but small returns for shareholders, while the new ESOP scheme could lead to equity dilution of up to roughly 68 lakh shares going forward, which investors should factor in. The five-year secretarial auditor appointment is a routine compliance matter and unlikely to affect the stock price.