TD Power Systems Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 06, 2025
TDPOWERSYS · price
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TD Power Systems held its 26th Annual General Meeting on August 6, 2025, via video conferencing, chaired by Mr. Mohib N. Khericha with 59 members present. All six resolutions were passed with overwhelming shareholder support. Key approvals included adoption of FY25 audited financial statements, confirmation of a total dividend of ₹1.25 per share (₹0.60 interim + ₹0.65 final), re-appointment of Mr. Mohib N. Khericha as director (94.09% in favor), ratification of cost auditor remuneration, appointment of a secretarial auditor for five years (99.91% in favor), and re-appointment of Mr. Nikhil Kumar as Managing Director for another five-year term (98.48% in favor). The Chairman shared views on FY25 performance and FY26 outlook, and the MD addressed shareholder queries on market opportunity and business outlook, including a request for a factory visit.
Routine procedural filing confirming shareholder approval of routine business and board continuity. The declared final dividend of ₹0.65 per share (on top of ₹0.60 interim) is a tangible cash benefit for shareholders, but no material surprise or strategic shift is indicated.