Xpro India Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 25, 2025
XPROINDIA · price
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Xpro India Limited held its 28th Annual General Meeting on July 25, 2025, via video conferencing, chaired by Sri Sidharth Birla. The meeting ran from 10:30 a.m. to 11:49 a.m. Members approved the audited financial statements for FY ended March 31, 2025, and declared a dividend of INR 2.00 per equity share (face value INR 10), which works out to a 20% dividend. Sri Bharat Jhaver was re-appointed as a Director, and M/s Mamta Binani & Associates was appointed as Secretarial Auditors for a five-year term from FY 2025-26 to FY 2029-30. The remuneration payable to Cost Auditors for FY 2025-26 was ratified, and a revision in the minimum remuneration of Managing Director & CEO Sri C Bhaskar was approved. The Chairman confirmed clean audit reports with no qualifications or adverse remarks. Voting results from remote e-voting and e-voting at the AGM will be intimated to the stock exchanges separately.
The 20% dividend is a positive return signal for shareholders. The hike in minimum remuneration of the MD & CEO and re-appointment of directors are routine corporate governance items, while the clean audit report provides comfort on financial transparency.