Garware Technical Fibres to hold 48th AGM on Sep 2, 2025; recommends ₹1.5 dividend
The announcement details the upcoming Annual General Meeting and the board's recommendation of a dividend, which are standard corporate events. The dividend amount is moderate, leading to a medium impact.
The company has recommended a dividend of ₹1.5 per share for the financial year 2024-25, which is a positive return for shareholders.
* Garware Technical Fibres Limited (GARFIBRES) announced its Forty-Eighth (48th) Annual General Meeting (AGM) will be held on Tuesday, 2nd September, 2025 at 10:30 a.m. (IST). * The AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) facilitated by National Securities Depositories Limited (NSDL), without the physical presence of members at a common venue. * The Board of Directors has recommended a dividend of ₹1.5 per share (15%) on 9,92,65,845 equity shares of ₹10/- each for the Financial Year 2024-25. * This dividend, if approved by the members at the upcoming AGM, will be paid within 30 days from the date of approval. * The Notice of the AGM along with the 48th Annual Report 2024-25 will be sent electronically to members and displayed on the company's website (www.garwarefibres.com) as well as on the websites of BSE Limited, National Stock Exchange of India Limited, and NSDL. * The company will provide remote e-voting facility to all members for exercising their right to vote on the business set forth in the AGM notice, and also provide e-voting during the meeting. * Shareholders holding shares in dematerialised mode are requested to register their email addresses, mobile numbers, and bank account details with their respective depositories, while those holding physical shares should do so with the company's Registrars and Share Transfer Agent.
What to do with a filing like this
Garware Technical Fibres Limited filed this with the NSE as a statutory disclosure, categorised under corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Garware Technical Fibres Limited. Read the original for the full detail.