TTK Prestige Limited has informed the Exchange regarding Notice of Annual General Meeting and Annual Report to be held on August 07, 2025
TTKPRESTIG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TTK Prestige has sent out the Notice of its 69th Annual General Meeting scheduled for Thursday, August 7, 2025 at 11:00 a.m. IST, to be held via Video Conferencing / Other Audio Visual Means. The Board has recommended a final dividend of ₹6 per equity share (face value ₹1) for FY2024-25, with the record date (book closure) set for August 1, 2025 and payment from August 21, 2025. Key agenda items include re-appointment of Dr. Mukund T.T. as Director (retiring by rotation), ratification of the Cost Auditor's remuneration of ₹5 lakh, appointment of a new Secretarial Auditor for a 5-year term (FY2025-26 to FY2029-30), and approval of remuneration of ₹12 lakh per month (capped at ₹2 crore per year) for Chairman Emeritus T.T. Jagannathan. The document also notes several board changes during the year — Managing Director Chandru Kalro and three Independent Directors stepped down, while two new Independent Directors joined.
Routine AGM-cum-dividend announcement with a clearly defined record date of August 1, 2025, so shareholders need to hold shares before that date to qualify for the ₹6 dividend. No material surprise here, though shareholders should note the proposed related-party remuneration for Chairman Emeritus Jagannathan, which requires member approval.