Shareholders Approve Appointment of Secretarial Auditor for Five Years; Final Dividend of Rs. 0.50 per Share Approved
Members at the 41st AGM approved M/s Shilpesh Dalal & Co. as Secretarial Auditor for 5 consecutive years, FY2026-27 to FY2030-31.
- Secretarial Auditor Appointment
- M/s Shilpesh Dalal & Co. approved for 5 consecutive years, FY2026-27 to FY2030-31
- Final Dividend Per Share
- Rs. 0.50 (5%) per share
- Total Equity Shares
- 2,94,37,000 equity shares of Rs.10/- each
- Dividend Year
- 2025-26
What was approved
The company informed the exchanges of two approvals granted by members at its 41st Annual General Meeting.
- Appointment of M/s Shilpesh Dalal & Co., Company Secretaries as Secretarial Auditor for a period of five consecutive years, with effect from financial year 2026-27 till financial year 2030-31.
- The appointment follows the recommendation of the Audit Committee and the Board, made at the Board meeting held on 5th September, 2026, pursuant to amendments to Regulation 24A of SEBI LODR.
About the auditor
The firm is a proprietorship since September 2001, with over 25 years of professional standing, based in Indore, Madhya Pradesh. Its stated areas of expertise include the Companies Act, secretarial audit, SEBI and stock exchange compliances, IPO-related compliances and representation before the NCLT.
Dividend
Members also approved payment of a final dividend of Rs. 0.50 (5%) on the 2,94,37,000 equity shares of Rs.10/- each for the year 2025-26.
The dividend will be paid to members whose names appear in the Register of Members, and for shares held in demat form to beneficiaries as provided by CDSL and NSDL, as on the record date. The company states the dividend will be credited to shareholders' registered bank accounts within the prescribed time frame.
How to read this
A secretarial auditor checks whether a company has followed applicable corporate and securities laws. Appointing one for a fixed five-year term is a governance step under the amended listing rules. The dividend approval confirms a cash payout to eligible shareholders.
More numbers
- Secretarial auditor termfive (5) consecutive years
- Final dividend per shareRs. 0.50
- Dividend rate on face value5%
- Equity shares on which dividend approved2,94,37,000 Equity Shares
- Face value per shareRs.10/- each
- Auditor firm professional standingover 25 years
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