VAIBHAVGBLNSEVaibhav Global Limited· Gems Jewellery And WatchesLowNeutral
Announced Fri, 11 Jul · 21:08 IST

Vaibhav Global Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 05, 2025

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vaibhav Global Limited has notified the exchanges that its 36th Annual General Meeting will be held on Tuesday, 5 August 2025 at 9:00 AM via video conferencing. Key items on the agenda include adopting audited standalone and consolidated financial statements for FY ended 31 March 2025, confirming a final dividend of ₹1.50 per share (75% of face value), and ratifying the three interim dividends of ₹1.50 each already paid during FY25 — implying a total ₹6 per share for the year. Shareholders will also vote on re-appointing Mrs. Sheela Agarwal as a director (retire by rotation) and Mr. Jason Charles Goldberg as Independent Director for a second 5-year term (17 October 2025 to 16 October 2030). Additionally, M/s. Mehta & Mehta is proposed as Secretarial Auditor for a 5-year term from FY 2025-26 to FY 2029-30. E-voting runs from 1 August (10:00 AM) to 4 August (5:00 PM), with 29 July 2025 as the cut-off date.

Likely market impact

This is a routine AGM notice with no surprise items. The combined ₹6 per share dividend (₹1.50 final + three interim of ₹1.50 each) signals steady shareholder returns, while board and auditor appointments are procedural. The stock is unlikely to move meaningfully on this disclosure.