UNO Minda Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 08, 2025 at 10:30 A.M. through Video Conference/Other Audio Visual Means (OAVM)
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UNO Minda has sent out the notice for its 33rd Annual General Meeting (AGM) to be held on Friday, August 8, 2025 at 10:30 AM via video conferencing. Along with the AGM notice, the company has also filed its Integrated Annual Report for FY 2024-25. Shareholders will vote on adopting the audited financial statements, declaring a final dividend of ₹1.50 per equity share (75%) for FY25, in addition to the interim dividend of ₹0.75 per share already paid. A key item is a Special Resolution seeking approval to raise up to ₹2,500 crores through the issue of securities (equity shares, FCCBs, QIP, warrants, etc.) in one or more tranches over the next year. Other items include the re-appointment of Mr. Vivek Jindal as director, appointment of M/s DPV & Associates LLP as Secretarial Auditors for 5 years at ₹3 lakh per annum, and ratification of cost auditor remuneration of ₹7.35 lakhs for FY26.
The ₹1.50 final dividend is positive for income-seeking shareholders, taking total FY25 dividend to ₹2.25 per share. However, the proposed ₹2,500 crore fund raise is a material item — if executed via a QIP or preferential issue, it could lead to equity dilution. Investors should watch this resolution closely as it will be decided by a Special Resolution at the AGM on August 8, 2025.