Announced Wed, 3 Sept · 23:03 IST

Notice of the Annual General Meeting

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

TANFAC Industries has notified its 51st AGM, scheduled for Thursday, September 25, 2025 at 11:00 a.m. via Video Conferencing, with remote e-voting open from September 22 to September 24, 2025. Key ordinary business items include adoption of FY25 audited financial statements, declaration of a Rs 9 per share dividend (90% on face value of Rs 10) on 99,75,000 equity shares, and re-appointment of Mr. Afzal Harunbhai Malkani, an Independent Director retiring by rotation. Special business includes ratification of Rs 80,000 remuneration (plus taxes) for Cost Auditor Mr. N. Krishna Kumar for FY26, and appointment of Ms. Kalyani Srinivasan as Secretarial Auditor for a five-year term up to the 56th AGM in 2030. The notice also covers procedural details on e-voting, tax deduction at source on dividends, and IEPF-related reminders.

Likely market impact

The proposed Rs 9 per share dividend (a 90% payout on face value) is a meaningful cash return for shareholders, while the AGM agenda is otherwise largely routine compliance business with no major strategic shifts flagged. Shareholders of record as of September 18, 2025 are eligible to vote.