Siddhika Coatings Limited — Others, 06-06-2025: Shareholders meeting

Siddhika Coatings Limited has announced a board meeting to approve the audited consolidated financial results for FY 2024-25 and related matters. The company will declare a final dividend of Rs 3.30 per equity share. Shareholders will vote on related party transactions with wholly owned subsidiaries, including supply contracts worth up to Rs 3 Cr and office rent agreements. The board proposes increasing managerial remuneration for three directors, with annual salaries up to Rs 39 lakh and commission up to 0.60% on net sales for three years, starting August 2025. The total managerial pay may rise to Rs 1.5 Cr in less profitable years, aligning leadership incentives with growth.