VADILALINDBSEVadilal Industries Ltd-$MediumNeutral
Announced Tue, 26 Aug · 12:15 IST

Annual Report of Vadilal Industries Limited

Board & Shareholder Meetings View source PDF

VADILALIND · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vadilal Industries has filed its Annual Report for FY 2024-25 along with the notice for its 41st Annual General Meeting, scheduled for Friday, September 19, 2025, at 11:00 AM via Video Conferencing. The board has recommended a dividend of ₹21 per share (210%) on equity shares for FY ending March 31, 2025, with the record date set as September 12, 2025. Key agenda items include adopting audited financial statements, re-appointment of Mr. Rajesh R. Gandhi and Mr. Devanshu L. Gandhi (both retiring by rotation), and appointment of M/s. Walker Chandiok & Co. LLP as the new Statutory Auditor for five years, replacing M/s. Arpit Patel & Associates. M/s. SPAN & Co. Company Secretaries, LLP has been proposed as the new Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30. The board has also seen leadership changes, with Shivakumar Dega appointed as Chairman and Anil Kabra as CFO.

Likely market impact

Shareholders stand to receive a healthy 210% dividend (₹21 per share), subject to approval at the AGM. The switch to a larger, more reputed audit firm (Walker Chandiok & Co. LLP) may improve governance perception but is largely a routine compliance matter with no material change in audit fees (₹43 lacs for FY26).