Laurus Labs Limited — Others, 03-06-2025: Shareholders meeting

Laurus Labs has announced a board meeting to approve the financial results for the quarter and half-year. The company’s 20th Annual General Meeting will be held via video conferencing to adopt audited standalone and consolidated financials for FY 2024-25, ratify interim dividends of ₹0.40 and ₹0.80 per share, and approve reappointments of key executives. Dr. Satyanarayana Chava is reappointed as Executive Director & CEO with a ₹14.49 Cr salary plus 2% commission on consolidated profit before tax. CFO Mr. V.V. Ravi Kumar is reappointed with ₹4.83 Cr salary and 0.5% commission. Executive directors’ fixed salaries will be frozen from April 2026, with variable pay now commission-based tied to company performance. Cost auditors’ fees and secretarial auditor appointments were also approved, reflecting governance continuity and pay aligned with profitability.