Vikram Thermo India Ltd — Board Meeting, 26-05-2025: Board Meeting

Vikram Thermo (India) Limited has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025, and declaring a final dividend of 10% on equity shares. The company appointed M/s. Samir M. Shah & Associates as internal auditors and M/s. A. Shah & Associates as secretarial auditors for up to five years, subject to shareholder approval. The resignation of CFO Mr. Motibhai Devabhai Fosi for personal reasons was accepted, and Mrs. Switi Patel, a Chartered Accountant with over 9.5 years of experience, was appointed as the new CFO. The board also approved 10% remuneration hikes for key executives, including the Managing Director and Whole-Time Directors.