Transformers And Rectifiers (India) Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on May 13, 2025
TARIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TARIL held its 31st Annual General Meeting on May 13, 2025 via video conferencing, chaired by Mr. Jitendra U. Mamtora. Out of 1,24,100 total members on record date, 77 attended (4 from promoter group, 73 from public). All directors were present and no qualifications were flagged in the statutory or secretarial audit reports. Shareholders were set to vote on 11 resolutions, key items being adoption of FY25 financial statements, a 20% dividend (Rs. 0.20 per equity share of Re. 1 face value), re-appointment and revised remuneration for the Mamtora family directors (Jitendra, Karuna, and Satyen), appointment of a new secretarial auditor, and a Section 185 loan/gurantee approval. The company received no questions from members, and the meeting wrapped up in 15 minutes. E-voting results will be filed with the exchanges within two working days.
The 20% dividend is a small but positive cash return for shareholders. Multiple resolutions revise pay and extend terms of promoter-family directors, which is routine for family-run firms but worth tracking. E-voting outcomes on the special resolutions (especially director remuneration and the Section 185 loan approval) will be the key follow-up for shareholders.