PROCEEDINGS OF THE AGM HELD ON 05/08/2025
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Taparia Tools Ltd held its 59th AGM on 5th August 2025 via video conferencing, with 21 members attending. Shareholders adopted the audited financial statements for FY ended 31st March 2025. The meeting confirmed an interim dividend of 250% (Rs. 25 per share) and approved a final dividend of 250% (Rs. 25 per share), taking total dividend for FY25 to 500% (Rs. 50 per share) on 1.51 crore equity shares. Shri Virendraa Bangur was re-appointed as a Non-executive Director, and Mrs. Swati Ravindra Bhairi was re-appointed as Independent Director for a second term of 2 years. S R Khandelwal & Associates was appointed as Secretarial Auditor for a 5-year term till 2030. The remuneration of Whole-time Director (Operations) Shri Sivaramakrishnan Palaniappan Pillai was doubled from Rs. 3 lakh to Rs. 6 lakh per month effective 1st April 2025.
Strong total dividend payout of Rs. 50 per share rewards shareholders handsomely for FY25. The doubled remuneration for the Whole-time Director is a notable cost increase, while routine director re-appointments and a new 5-year secretarial auditor term signal stable governance with no major strategic shifts.