Kokuyo Camlin Limited — Others, 25-02-2025: Shareholders meeting

Kokuyo Camlin Limited has announced a board meeting to seek members' approval via postal ballot for remuneration packages for key executives. The company proposes to pay Mr. Shriram Sharad Dandekar, Vice Chairman & Non-Executive Director, perquisites totaling up to ₹12.5 million per annum, effective from April 1, 2025. Additionally, Mr. Satish Veerappa's remuneration as Managing Director for the period from January 1, 2025, to March 31, 2027, is set at a monthly salary of ₹730,600, plus other allowances, potentially aggregating significant compensation. This update suggests a focus on retaining experienced leadership, which could positively influence investor sentiment. Voting will occur electronically from February 26 to March 27, 2025.