Please find enclosed herewith 38th Annual Report of the Company for the financial year ended 31th March, 2025 along with the Notice of AGM
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vasundhara Rasayans Ltd has filed its 38th Annual Report along with the AGM Notice for the financial year ended 31st March 2025. The 38th Annual General Meeting is scheduled for Friday, 26th September 2025 at 11:30 AM, to be held via Video Conferencing. The Board has recommended a Final Dividend of Rs. 2 per equity share (on face value of Rs. 10), translating to a 20% dividend, with the record date set as 19th September 2025. Key agenda items include adoption of audited financial statements, re-appointment of two retiring directors (Shri Sanjay Kumar Jain and Shri Sunil Kumar Jain), appointment of M/s. Rakhi Agarwal as Secretarial Auditor for a 5-year term, and approval for related party transactions with the holding company P&J Cretechem (up to Rs. 27 crore across goods and investments) and Taurus Chemicals (up to Rs. 10 crore in sale/purchase of goods).
The Rs. 2 per share dividend declaration is a positive direct return for shareholders. The related party transactions with the holding company and commonly-directed entity are notable as they involve significant limits (Rs. 37 crore aggregate) and require shareholder approval, but are stated to be at arm's length. Routine re-appointments and auditor change are compliance-driven and unlikely to move the stock materially.