Latest news with #31stAnnualGeneralMeeting
Mint
14-07-2025
- Business
- Mint
HDFC Bank sets board meeting date to declare annual report for FY25. Details here
HDFC Bank, on Monday, announced the date for its upcoming annual general meeting for Integrated Annual Report for FY 2024-25. According to the exchange filing, the bank has set Friday, August 8, 2025 for its upcoming AGM. ' In continuation of our intimation dated June 20, 2025 in relation to the date of the 31st Annual General Meeting (AGM) of the Bank, please find attached herewith a copy of the Notice of the said AGM to be held on Friday, August 8, 2025 at 02:00 p.m. (IST) through two-way video-conferencing facility and the Integrated Annual Report for FY 2024-25,' the company said in a filing dated July 14. The bank further informed that the notice of AGM and the Integrated Annual Report for FY 2024-25 are being sent by electronic means to the equity shareholders of the Bank who have registered their e-mail address with the Registrar and Transfer Agents of the Bank/ Depository Participants and other stakeholders entitled to receive the same as per applicable laws, today i.e. on July 14, 2025. On June 23, the private sector bank said it will declare its financial results for the first quarter of fiscal year 2025-26 on Saturday, July 19. HDFC Bank's board of directors is scheduled to meet on July 19 to review and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. The bank is likely to release its earnings around 3 PM, similar to the timing of its Q4 FY25 results. Additionally, the bank announced that the trading window for designated employees and their immediate family members will remain closed from June 24 to July 21, in accordance with its internal share trading policy. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
13-06-2025
- Business
- Time of India
IndusInd Bank recommends Borkar & Muzumdar as joint statutory auditor to shareholders after RBI nod
After getting Reserve Bank of India's approval, the IndusInd Bank on Friday announced that it has recommended the appointment of Borkar & Muzumdar as joint statutory auditor to the shareholders in the upcoming 31st Annual General Meeting (AGM). "M/s Borkar & Muzumdar will hold office from the conclusion of 31st Annual General Meeting (AGM) to be held in 2025 until the conclusion of the 34th AGM to be held in 2028, subject to the approval of the RBI every year. The appointment of M/s. Borkar & Muzumdar will be subject to the approval of shareholders of the Bank in the ensuing 31st AGM of the Bank," said the private lender in a stock exchange filing. Reserve Bank Governor Sanjay Malhotra on Friday said fraud-hit IndusInd Bank is "doing well" now, and added that the resignation of MD and CEO Sumant Kathpalia should be seen as a "good enough" step from an accountability perspective. The RBI also said the bank has complied with all the regulatory asks over the turbulent period. "The MD and CEO of the bank resigned, owning moral responsibilities. So, I thought that should be good enough. Do you expect that all the board members(should resign)... I think the MD and CEO, who is also a member of the board... has taken responsibility, that is at the board level itself," Malhotra said. Live Events The Governor made it clear that RBI will not shy away from taking any action against the bank and the law will take its own course if there are any criminalities in the matter. IndusInd Bank has been witnessing challenges for the last few quarters, starting with its microloan exposures and then conceding accounting lapses. It recorded the worst quarterly performance in its history by posting a Rs 2,329 crore loss in Q4FY25, as it took the brunt of all the accounting lapses and oversights.
Mint
06-06-2025
- Business
- Mint
Tata Steel, JSW Energy to HDFC AMC: 5 stocks to trade ex-dividend today
Dividend Stocks: Tata Steel, JSW Energy, HDFC AMC, Container Corporation of India (CONCOR) and Bank of Baroda are among the five stocks that will trade ex-dividend today. These companies had set June 6, 2025, as the record date for determining the list of eligible shareholders to receive the dividend. The record date implies that investors who wish to benefit from the dividend payout should have purchased their shares at least one day before the record date, as per the T+1 settlement procedure, for their names to be included in the list of eligible shareholders. Tata Steel Ltd: On May 12, Tata Steel had recommended a dividend of ₹ 3.60 per ordinary (Equity) share of face value ₹ 1/- each (360% dividend considering face value of share) to the shareholders of the company for FY 2024-25. JSW Energy: At its meeting on May 15, 2025, the Board of Directors had recommended that the company's shareholders receive a dividend of ₹ 2 per equity share of ₹ 10 (20%) each, which would be taken up for approval at the 31st Annual General Meeting ("AGM") on July 11, 2025. HDFC Asset Management Company Limited: The Board had recommended a final dividend of ₹ 90/-per equity share of ₹ 5/-each of the company, contingent on shareholder approval. If the shareholders approve, the dividend will be paid out within the allotted 30-day period following the date of the next Annual General Meeting (AGM). Container Corporation of India: For 2024–2025, the Board of Container Corporation had announced a final dividend of ₹ 2 per equity share with a face value of ₹ 5 each (40% dividend considering face value of shares). The shareholders must approve the aforementioned final dividend of ₹ 2 (40%) per equity share before it is paid out. Bank of Baroda: Bank of Baroda had recommended that, subject to approval at the next 29th Annual General Meeting, each equity share (face value of ₹ 2 each fully paid up) receive a dividend of ₹ 8.35 (eight rupees thirty-five paisa) for FY 2024–2025.
Mint
06-06-2025
- Business
- Mint
Tata Steel, JSW Energy to HDFC AMC: 5 Stocks to trade Ex dividend today
Dividend Stocks: Tata Steel, JSW Energy, HDFC AMC, Container Corporation of India And Bank OF Baroda are among 5 Stocks that will trade Ex dividend today These companies had set 6 June 2025 as the record date for determining the list of eligible share to receive dividend The Record date implies that the investors who wished to benefit from the dividend payout by various companies nodded to buy the shares of these companies one day prior to the record date as per T+1 Settlement procedure, for their names in the list of eligible share to receive dividend. Tata Steel Ltd_ on 12 May, 2025 had recommended a dividend of ₹ 3.60 per Ordinary (Equity) Share of face value ₹ 1/- each (360% dividend considering face value of share) to the shareholders of the Company for FY2024-25. JSW Energy: At its meeting on Thursday, May 15, 2025, the Board of Directors had recommended that the Company's shareholders receive a dividend of Rs. 2 per equity share of Rs. 10 (20%) each, which would be taken up for approval at the 31st Annual General Meeting ("AGM") on Friday, July 11, 2025. HDFC Asset Management Company Limited- The Board had recommended a final dividend of Rs. 90/-per equity share of Rs. 5/-each of the company, contingent on shareholder approval. If the shareholders approve, the dividend will be paid out within the allotted 30-day window following the date of the next AGM. Container Corporation of India Ltd: For 2024–2025, the Board of Container Corporation had announced a Final Dividend of Rs. 2.00 each equity share with a face value of Rs. 5 each (40% dividend considering face value of shares). Apart from Interim Dividend @40% (i.e., Rs. 2.00 per share of Rs. 5.00 each). announced by the company, the Interim Dividend @65% (i.e., Rs. 3.25 per share of Rs. 5.00 each), and the Interim Dividend @85% (i.e., Rs. 4.25 per share of Rs. 5.00 each) that were already paid during the year are increased by this Final Dividend. The shareholders must approve the aforementioned final dividend of Rs. 2.00 (40%) per equity share. Bank Of Baroda: Bank of Baroda had recommended that, subject to approval at the next 29th Annual General Meeting, each equity share (face value of Rs. 2 each fully paid up) receive a dividend of Rs. 8.35 (eight rupees thirty-five paisa) for FY2024–2025. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
22-05-2025
- Business
- Mint
Dwarikesh Sugar Q4 Results: Net profit doubles to ₹46.3 crore, revenue rises 20% YoY; Dividend declared
Dwarikesh Sugar Q4 Results: Dwarikesh Sugar announced its January March quarter results for fiscal 2024-25 (Q4FY25) on Thursday, May 22, reporting a rise of 101 per cent in net profit to ₹ 46.33 crore, compared to ₹ 23 crore in the corresponding period last year. The revenue from operations in the fourth quarter of FY25 rose 20 per cent to ₹ 489 crore. The company also declared a final dividend for FY25. Recommendation of Dividend: "The Board has recommended a dividend of Rs. 0.50 per equity share of face value Re. 1 each (i.e., 50 per cent) for the financial year 2024-25, subject to the approval of shareholders at the 31st Annual General Meeting. If approved, the dividend shall be payable to those shareholders whose names appear in the Register of Members or in the records of the Depositories as beneficial owners as on the Record Date, ie., Tuesday, August 12, 2025," said Dwarikesh Sugar in a regulatory filing to the stock exchanges The company also announced that it will conduct 31st Annual General Meeting (AGM) soon. ' The 31st AGM of the Company will be held on Tuesday, August 19, 2025, at the registered office of the company,' said Dwarikesh Sugar Industries
