27th Annual Report of the Company for the Financial Year 2024-25.
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Tyche Industries has submitted its 27th Annual Report for FY 2024-25 along with the notice for the 27th Annual General Meeting, to be held on September 30, 2025 via video conferencing. The Board has recommended a dividend of Rs. 3.00 per equity share (30%) on shares of Rs. 10 face value, subject to shareholder approval. Key board changes include the appointment of Mr. Sandeep Gokaraju as Managing Director for 5 years from September 5, 2025, Mr. Satya Srinivas Uppalapati as Executive Director (Promoter category), and re-appointment of Mrs. Penumatsa Vijaya Lakshmi as Independent Director for another 5-year term. Mr. G. Ganesh Kumar's designation has changed from Chairman & Managing Director to Executive Director. The company has a registered office in Hyderabad, Telangana and a factory in Kakinada, Andhra Pradesh.
Shareholders stand to receive a Rs. 3 per share dividend (record date September 19, 2025), indicating reasonable profitability for FY25. The leadership restructuring, including elevation of Sandeep Gokaraju to MD, signals a generational or succession transition within the promoter family that investors should monitor closely.