The Board Meeting in its meeting held on 27/05/2025 has given approval for appointment of Sri E. Ramaiah as Additional Director designated as Executive Director (Mechanical) (DIN:011054179) ....
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TGV Sraac Ltd's board, meeting on 27 May 2025, approved a final dividend of Rs. 1 per share (10%) on 10,70,89,800 equity shares of Rs. 10 each for FY 2024-25, subject to shareholder approval. The board also re-appointed M/s. Aruna Prasad & Co. as Cost Auditor for FY 2025-26 at a fee of Rs. 2,00,000. Additionally, Sri E. Ramaiah (DIN: 011054179) was appointed as Additional Director designated as Executive Director (Mechanical) for a 3-year term effective 30 June 2025 to 29 June 2028. Mr. Ramaiah is a long-serving internal employee, having joined the company in October 1987 and currently serving as Senior Vice President (Mechanical) with 38 years of experience. He is not related to any director or promoter of the company.
The 10% final dividend signals a modest return to shareholders, while the internal promotion of a 38-year veteran to the board suggests continuity in operations. No adverse signals; cost auditor re-appointment maintains existing compliance setup.