V-Guard Industries Limited — Others, 14-05-2025: Appointment

V-Guard Industries Ltd. has announced a board meeting approving the financial results for the quarter and year ended March 31, 2025. The Board approved the re-appointment of Mr. Mithun K Chittilappilly as Managing Director for five years from April 2026, and Mr. George Muthoot Jacob as Independent Director for five years from October 2025, both pending shareholder approval. The company allotted 2,15,253 shares under ESOS 2013. New auditors were appointed for secretarial, internal, and cost audits, with Price Waterhouse LLP re-appointed as tax auditors. The Board approved updates to Insider Trading and Material Subsidiaries policies. A final dividend of ₹1.50 per share is proposed. Expansion of battery manufacturing capacity at the subsidiary is planned with ~₹50 Cr investment from internal accruals to boost volume and margins.