This is to inform that the Board of Directors at their meeting held on August 30, 2025 have inter-alia considered, recommended and approved: 1. Dividend on Equity Shares @ Rs. 0.50/- (i.e., ....
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Vedavaag Systems' board has recommended a dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10) for FY ending March 31, 2025. The 27th Annual General Meeting is scheduled for September 29, 2025 at 9:30 AM in Hyderabad. The register of members will be closed from September 24 to September 29, 2025, with the cut-off date for e-voting and dividend eligibility set as September 23, 2025. The board also approved the appointment of Mr. Subramanyam Sripati Panditaradhyula Venkata Mallikarjuna as an Additional Director (Non-Executive, Independent) for a 5-year term, subject to shareholder approval. The new director brings over 25 years of experience in enterprise software solutions and is the founder of Infionic.
Shareholders holding shares as of September 23, 2025 will be eligible for the Rs. 0.50 dividend. The dividend is modest relative to share price and unlikely to materially move the stock. The new independent director appointment adds tech industry expertise to the board.