The Board in its meeting held on 27/05/2025 has given approval for the following items. (1) Recommendation of final dividend for the year 2024-25. (2) Reappointment of Cost Auditor for ....
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TGV Sraac Ltd's board, at its meeting on May 27, 2025, has recommended a final dividend of Rs. 1 per share (10%) on its 10,70,89,800 equity shares of Rs. 10 each for FY 2024-25, subject to shareholder approval. The board also approved the re-appointment of M/s. Aruna Prasad & Co. as Cost Auditor for FY 2025-26 at a remuneration of Rs. 2,00,000. Additionally, Sri E. Ramaiah (DIN: 011054179), currently Senior Vice President (Mechanical) with 38 years at the company, has been appointed as Additional Director / Executive Director (Mechanical) for a 3-year term effective June 30, 2025. Audited financial results for Q4/FY ended March 31, 2025 were also taken on record.
The 10% final dividend signals steady shareholder returns, while the Cost Auditor re-appointment and internal promotion to the board indicate continuity. No material red flags; the appointment is an internal elevation with no promoter family connection, likely to be neutral to mildly positive for the stock.