27th Annual General Meeting
Price
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Awaiting price reaction for this filing.
Vedavaag Systems has sent out the notice for its 27th AGM scheduled for September 29, 2025, in Hyderabad, along with the annual report for FY 2024-25. On a standalone basis, revenue grew to Rs. 72.50 crore from Rs. 61.55 crore in FY24 (about 18% growth), while net profit rose to Rs. 6.75 crore from Rs. 6.04 crore. On a consolidated basis, revenue jumped to Rs. 105.79 crore from Rs. 86.70 crore, with net profit of Rs. 8.41 crore. The Board has recommended a final dividend of Rs. 0.50 per share (5%) on a face value of Rs. 10. Shareholders will also vote on appointing M/s. VCSR & Associates as secretarial auditor for five years and on the appointment of Mr. Subramanyam Sripati Panditaradhyula Venkata Mallikarjuna as a new Independent Director for a five-year term. Mrs. Sujata Jonnavittula is up for re-appointment as she retires by rotation. The company's main verticals include financial inclusion (business correspondent services), edutech, system integration, insurance, and a new push into solar energy street lighting.
The filing is largely procedural but signals healthy growth with both revenue and profit expanding, supported by a modest dividend payout. The board refreshment and new independent director appointment are routine governance steps and unlikely to move the stock on their own.