Diffusion Engineers Limited — Others, 04-03-2025: Shareholders meeting
04-03-2025 | 10:59 am
04-03-2025 | 10:59 am
Diffusion Engineers Limited has announced a board meeting to seek shareholder approval for the re-appointment of Mr. Prashant Garg as Chairman and Managing Director for five years, from March 16, 2025, to March 15, 2030. His proposed remuneration includes a fixed pay of ₹20 lakh per month, with a potential annual increment of up to 15%, and variable pay of up to 25% of his fixed salary based on performance. This move is positioned to enhance leadership continuity and operational stability. Investor sentiment may view this positively, as Mr. Garg’s experience in achieving significant revenue growth strengthens the company’s strategic outlook.
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