Vedant Fashions Announces 24th AGM on Sep 28, 2026; Recommends Dividend
Vedant Fashions Limited will hold its 24th AGM on September 28, 2026. The company recommends a final dividend of ₹7.75 per share. The AGM will also address director re-appointments and new appointments, including Ravi Modi as CMD for 5 years.
The AGM and associated resolutions, including dividend declaration and director appointments, are significant corporate governance events that can influence investor perception and company leadership.
The announcement is routine in nature, providing details about an upcoming AGM, dividend recommendation, and director appointments. While the dividend is a positive aspect, the overall tone is informational.
Vedant Fashions Limited has announced its 24th Annual General Meeting (AGM) will be held on Monday, September 28, 2026, at 03:00 P.M. (IST) through video conferencing. The company will be submitting the Notice of the AGM along with the Annual Report for the Financial Year ended March 31, 2026, to its members.
The Board of Directors has recommended a final dividend of ₹7.75 per fully paid-up equity share of ₹1 each, subject to approval by the members at the AGM. The dividend will be paid within the statutory period commencing from Tuesday, September 29, 2026, to shareholders registered as of the close of business hours on Friday, September 21, 2026. The cut-off date for reckoning voting rights for remote e-voting and voting at the AGM is also Friday, September 21, 2026.
Key agenda items for the AGM include the adoption of the Audited Financial Statements for FY 2025-26, declaration of the final dividend, and the re-appointment of Mrs. Shilpi Modi as a Director liable to retire by rotation. Additionally, the AGM will consider the re-appointment of Mr. Ravi Modi as Chairman and Managing Director for a period of 5 years, the re-appointment of Mrs. Shilpi Modi as Whole-time Director for 5 years, the re-appointment of Mr. Manish Mahendra Choksi as a Non-Executive Independent Director for his second term of 5 years, and the appointment of Mr. Nihir Parikh and Ms. Neetu Kashiramka as Non-Executive Independent Directors for a term of 5 years each.
A plain-language summary of a public exchange filing by Vedant Fashions Limited. Read the original for the full detail.
