Latest news with #AnnualGeneralMeeting
Mint
6 hours ago
- Business
- Mint
Small-cap stock under ₹50 declares final dividend along with Q4 results 2025. Details here
Small-cap stock under ₹ 50: Hazoor Multi Projects Ltd announced their January to March quarter results for the financial year 2024-25 on Friday, 30 May 2025. The company recorded a nearly 69 per cent fall in net profits to ₹ 16.78 crore, compared year-on-year (YoY) with ₹ 53.93 crore, according to the consolidated statements. The real estate developers' revenue from core operations dropped 46 per cent to ₹ 249 crore in the fourth quarter of the 2024-25 fiscal year, compared to ₹ 464 crore in the same period the previous financial year. The shares of Hazoor Multi Projects will be in focus for stock market investors on Monday, 2 June 2025. Hazoor Multi Projects' Board of Directors on Friday, 30 May 2025, declared a final dividend of ₹ 0.20 per share with a face value of Re 1 apiece for the financial year 2024-25. This means that every eligible shareholder will receive a final dividend payment of ₹ 0.20 per share for every share they own in the company. 'The board has recommended to declare the final dividend of ₹ 0.20/- (Twenty Paise only) per equity share having face value of Re 1/- each, fully paid-up, i.e. 20% to the shareholders for the financial year 2024-25,' said the company in the exchange filing. The company has not declared the 'Record Date' for the dividend payment. However, the issue will be approved in the upcoming Annual General Meeting (AMG) of the company. Hazoor Multi Projects shares closed 1.93 per cent lower at ₹ 44.21 after Friday's stock market session, compared with ₹ 45.08 at the previous market session. The company announced its fourth quarter results and final dividend issue after stock market hours on Friday. Hazoor Multi Project shares have given stock market investors over 44,000 per cent return on their investment in the last five years and 16.62 per cent in the last one-year period. However, on a year-to-date (YTD) basis, the shares have lost 17.26 per cent in 2025, but are trading 16.40 per cent higher in the last one-month period. The shares hit their 52-week high level at ₹ 63.90 on 12 September 2024, while the 52-week low level was at ₹ 32 on 33 March 2025, as per BSE data. The company's market capitalisation (M-Cap) was at ₹ 937.35 crore as of stock market close on Friday, 30 May 2025. Read all stories by Anubhav Mukherjee
Mint
9 hours ago
- Business
- Mint
Small-cap stock under ₹50 declares final dividend along with Q4 results 2025. Details here
Small-cap stock under ₹ 50: Hazoor Multi Projects Ltd announced their January to March quarter results for the financial year 2024-25 on Friday, 30 May 2025. The company recorded a nearly 69 per cent fall in net profits to ₹ 16.78 crore, compared year-on-year (YoY) with ₹ 53.93 crore, according to the consolidated statements. The real estate developers' revenue from core operations dropped 46 per cent to ₹ 249 crore in the fourth quarter of the 2024-25 fiscal year, compared to ₹ 464 crore in the same period the previous financial year. The shares of Hazoor Multi Projects will be in focus for stock market investors on Monday, 2 June 2025. Hazoor Multi Projects' Board of Directors on Friday, 30 May 2025, declared a final dividend of ₹ 0.20 per share with a face value of Re 1 apiece for the financial year 2024-25. This means that every eligible shareholder will receive a final dividend payment of ₹ 0.20 per share for every share they own in the company. 'The board has recommended to declare the final dividend of ₹ 0.20/- (Twenty Paise only) per equity share having face value of Re 1/- each, fully paid-up, i.e. 20% to the shareholders for the financial year 2024-25,' said the company in the exchange filing. The company has not declared the 'Record Date' for the dividend payment. However, the issue will be approved in the upcoming Annual General Meeting (AMG) of the company. Hazoor Multi Projects shares closed 1.93 per cent lower at ₹ 44.21 after Friday's stock market session, compared with ₹ 45.08 at the previous market session. The company announced its fourth quarter results and final dividend issue after stock market hours on Friday. Hazoor Multi Project shares have given stock market investors over 44,000 per cent return on their investment in the last five years and 16.62 per cent in the last one-year period. However, on a year-to-date (YTD) basis, the shares have lost 17.26 per cent in 2025, but are trading 16.40 per cent higher in the last one-month period. The shares hit their 52-week high level at ₹ 63.90 on 12 September 2024, while the 52-week low level was at ₹ 32 on 33 March 2025, as per BSE data. The company's market capitalisation (M-Cap) was at ₹ 937.35 crore as of stock market close on Friday, 30 May 2025. Read all stories by Anubhav Mukherjee 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.
Borneo Post
20 hours ago
- Politics
- Borneo Post
Sibu Chinese leaders' association's 20th anniversary, 11th committee installation set for June 8
SIBU (May 31): The Sibu Division Chinese Community Leaders Association will celebrate its 20th Anniversary and the installation of its 11th Committee with a banquet on June 8 at 7pm at Kingwood Hotel. Its president, Temenggong Dato Vincent Lau, at a press conference yesterday, announced that Deputy Premier Datuk Amar Dr Sim Kui Hian will be the guest of honour for the evening. He said the association has extended invitations to all government departments it collaborates with in fulfilling its responsibilities to the community., as well as all Sibu elected representatives. 'We anticipate having approximately 90 tables. We are still waiting for confirmation from some of the guests invited to the celebration. 'We hope that this celebration, in a way, serves to honour those who founded the association and to acknowledge their contributions. 'Additionally, it should serve as motivation for current leaders to aim for improved, more effective performance or contributions to benefit our community,' Lau said. He said that one of the goals is to foster stronger ties between community leaders and the association with the public. To enhance accessibility, Lau noted that the association has launched both a Facebook page and a website, allowing the public to easily identify and reach out to their respective community leaders. 'In the past, we received feedback from individuals who were unaware of the local community leaders in their areas. Therefore, I believe it should now be quite easy to reach out to the community leaders in the area. 'This celebration also serves as a means to promote awareness on what the Chinese community leaders are doing,' he said. He added that a short video will be screened during the celebration to showcase the association's journey and achievements, alongside various stage performances. The event, originally scheduled for last year, was postponed due to unforeseen circumstances. Lau also addressed a minor issue encountered during the association's recent Annual General Meeting (AGM), where some individuals were inadvertently excluded from joining the new committee. 'It's unfortunate, and we are hopeful and optimistic that community leaders will continue to be as active and cooperative as they have been in the past. 'Our collective goal is to serve the community to the best of our abilities. We trust that any differences that may arise can be resolved. People shouldn't take it personally. 'And, you know, we need everyone, all community leaders, to collaborate, for the good of the community and the people in our society. 'As you know, community leaders act as a bridge between the government and the people. We'd like to see that we are able to perform this role effectively. So, it requires the cooperation of all the community leaders, to work together. 'Even though we have different political beliefs, different ideologies, we should not let that affect our unity and cooperation,' he said. Earlier, Lau mentioned that the association also works closely with both the District and Resident Offices on events requiring its support.
Yahoo
a day ago
- Business
- Yahoo
Correction: Bulletin from Sivers Semiconductors AB (publ)'s Annual General Meeting on 28 May 2025
NEW YORK, May 30, 2025 /PRNewswire/ -- The correction pertains to the resolution regarding the Board remuneration. In all other respects, the press release remains unchanged. The correct version of the press release is published in its entirety below: The Annual General Meeting in Sivers Semiconductors AB (publ) (the "Company") has been held on 28 May 2025 and in particular the following decisions were resolved. Adoption of the annual report and the auditor's report The Annual General Meeting resolved to approve the profit and loss statement and the balance sheet regarding the parent Company and the Group, appropriation of the profit in accordance with the Board of Directors proposal and not to distribute any dividends for the financial year 2024, as well as to discharge the CEO and Board members from liability. Election of Board members As members of the Board of Directors it was resolved to re-elect Bami Bastani, Tomas Duffy, Erik Fällström, Karin Raj, Todd Thomson and Keith Halsey. Bami Bastani was re-elected as the Chairman of the Board of Directors and Tomas Duffy was re-elected as the Vice Chairman of the Board of Directors. It was resolved that remuneration to the members of the Board of Directors be paid as follows: SEK 1,050,000 to the Chairman of the Board of Directors, SEK 600,000 to the Vice Chairman of the Board of Directors, and SEK 350,000 to each of the other members of the Board of Directors elected by the Annual General Meeting. Remuneration shall amount to SEK 100,000 per year to the Chairman of the Audit Committee and SEK 50,000 per year to each of the other members of the Audit Committee, SEK 60,000 per year to the Chairman of the Investment Committee and SEK 30,000 per year to each of the other members of the Investment Committee, and SEK 50,000 per year to the Chairman of the Remuneration Committee and SEK 25,000 per year to each of the other members of the Remuneration Committee. Furthermore, it was resolved that the Company shall ensure that the Chairman of the Board of Directors is covered by US health insurance. Election of auditor The Annual General Meeting resolved to re-elect Deloitte AB as auditor with authorised public accountant Alexandros Kouvatsos as auditor-in-charge. The fees shall be paid in accordance with approved invoices. Resolution on guidelines for remuneration of senior executives The Annual General Meeting resolved on guidelines for remuneration to senior executives, to apply until further notice. Resolution on a long-term incentive program The Annual General Meeting resolved to introduce an incentive program (the "P10") for employees of the Group. P10 can be allotted to employees in the United States, Scotland, Sweden and India. P10 can be allotted to employees in the United States, Scotland, Sweden and India. P10 consists of stock options intended for the employees of the Group (the "Stock Options"). P10 shall consist of a maximum of 11,100,000 new Stock Options entitling to purchase of the same number of shares in the Company, corresponding to approximately 4.1 per cent of the share capital and votes in the Company after dilution. The Annual General Meeting resolved to authorise the Board of Directors to offer employees of the Group, at the discretion of the Board of Directors, to swap all but not some options granted under prior option grants for options granted under P10 terms and in addition to the maximum number of options described above, whereby two options under prior option grants may be swapped for one option under P10 terms. If all employees to be offered to swap options is accepting the offer, it is estimated the overall dilution for all outstanding incentive programs, including P10, will be reduced from approximately 9 per cent to approximately 6 per cent. The final number of Stock Options that participants in Europe are eligible to exercise may at the Board of Directors' discretion be dependent on performance criteria based on Compound Annual Growth Rate (CAGR) in line with semiconductor industry's growth, currently forecasted at 7.64 per cent. Stock Options granted to participants in the US or India shall not be subject to performance conditions. Resolution to authorise the Board of Directors to resolve on directed issue of Series C shares The Annual General Meeting resolved to authorise the Board of Directors to, on one or more occasions until the next Annual General Meeting, to resolve on a new issue of no more than 11,100,000 Series C shares, each with a quota value of SEK 0.50, corresponding to approximately 4.1 per cent of the share capital and votes of the Company after dilution. With the deviation from the shareholders' preferential rights, the new shares may be subscribed for by a bank or securities company at a subscription price corresponding to the quota value. The purpose of the authorisation and the reason for the deviation from the shareholders' preferential rights in the event of implementation of the share issue is to ensure delivery of shares to participants under the Company's outstanding incentive programs and in order to on terms of liquidity to secure social security charges. Resolution to authorise the Board of Directors to resolve on repurchase of Series C shares and transfer of ordinary shares to secure payment of social security charges The Annual General Meeting resolved to authorise the Board of Directors to, on one or more occasions until the next Annual General Meeting, to resolve on repurchases of Series C shares. Repurchases may only be made through an acquisition offer addressed to all holders of Series C shares and shall comprise all outstanding Series C shares. Acquisitions shall be made at a price corresponding to the quota value of the shares. Payment for acquired shares shall be made in cash. The purpose of the repurchase is to ensure delivery of shares to participants under the Company's outstanding incentive programs and in terms of liquidity to secure social security charges related to such incentive programs. Further, the Annual General Meeting resolved to authorise the Board of Directors to resolve, on one or several occasions until the next Annual General Meeting, to transfer own ordinary shares in accordance with the following. Transfers of ordinary shares may be carried out on Nasdaq Stockholm, at a price within the price range applicable, i.e. the range between the highest purchase price and the lowest selling price. Transfers may be made with the highest amount of ordinary shares required in order for the Company in terms of liquidity to secure social security charges related to the outstanding incentive programs in the Company. Transfer of shares may also take place outside of Nasdaq Stockholm to a bank or securities company, with deviation from the shareholders' preferential rights. Such a transfer may be made at a price corresponding the share price at the time for the transfer on the ordinary shares transferred with such a market discount as the Board of Directors deem appropriate. The authorisation may be used on one or more occasions, although at the latest before the next Annual General Meeting. Resolution on authorisation for the Board of Directors to resolve on issues of shares and/or convertible bonds The Annual General Meeting resolved to authorise the Board of Directors to, on one or several occasions during the period until the next Annual General Meeting, with or without deviation from the shareholder's preferential rights, resolve on share issues and/or issues of convertible bonds that involve the issue of or conversion to a maximum of 47,900,000 ordinary shares, corresponding to a dilution of approximately 15.0 per cent of the share capital and the voting rights after dilution, based on the current number of ordinary shares in the Company. Payment for subscribed shares and/or convertible bonds shall be made in cash, in kind or by way of set-off. The issuance of shares and/or convertible bonds under this authorisation shall be made at a subscription price according to the prevailing market conditions at the time of the issuance of the shares and/or convertible bonds. About Sivers Semiconductors Sivers Semiconductors is a critical enabler of a greener data economy with energy efficient photonics & wireless solutions. Our differentiated high precision laser and RF beamformer technologies help our customers in key markets such as AI Datacenters, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. For additional information, please visit us at: ( CONTACT: Media Contact Tyler Weiland Shelton Group+1-972-571-7834tweiland@ Company ContactVickram VathulyaCEOir@ This information was brought to you by Cision View original content: SOURCE Sivers Semiconductors Sign in to access your portfolio
Time of India
a day ago
- Business
- Time of India
81st IATA AGM to Take Place in New Delhi: A Milestone for Global Aviation, ET TravelWorld
Advt Advt By , ETTravelWorld Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTravelWorld App Get Realtime updates Save your favourite articles Scan to download App The International Air Transport Association (IATA) is set to host its 81st Annual General Meeting (AGM) and the World Air Transport Summit (WATS) in New Delhi from 1–3 June 2025. This marks the return of the IATA AGM to India after more than four decades, last having taken place in the country in 1983. IndiGo will serve as the host high-profile gathering is expected to draw over 1,700 participants from across the globe, including airline CEOs, industry leaders, government representatives and members of the media. India's Prime Minister, Narendra Modi, is expected to deliver the keynote address.'We are excited to bring the IATA AGM to India after a 42-year gap,' said Willie Walsh, Director General, IATA. 'India's place in global aviation has changed dramatically, particularly over the last decade. The AGM will allow aviation leaders and journalists from around the world to witness first-hand how India's rapidly modernising and expanding aviation sector is contributing to the country's overall economic and social development.'India's aviation sector supports over 369,000 direct jobs and contributes $5.6 billion in GDP. When combined with indirect, induced, and tourism-related contributions, this figure rises to 7.7 million jobs and $53.6 billion, or 1.5% of the national CEO Pieter Elbers , also Chair of the IATA Board of Governors, added, 'India's aviation market is rapidly thriving while significantly contributing to the country's socio-economic growth and IndiGo is at the forefront of this upward trajectory.'The World Air Transport Summit, which will immediately follow the AGM, is set to feature panel discussions on financing net-zero aviation , energy security, and India's aviation-led development strategy. Key speakers include Pieter Elbers (IndiGo), Joanna Geraghty (JetBlue), Adrian Neuhauser (Abra Group), and Richard Smith (FedEx). CNN's Richard Quest will moderate the flagship CEO panel.
