Ador Welding Limited — Others, 23-06-2025: Shareholders meeting

Ador Welding has announced a board meeting to approve the financial results for the quarter and half-year. The company has scheduled its 72nd Annual General Meeting (AGM) to be held via video conferencing to approve audited standalone and consolidated financial statements, declare dividend, and reappoint Dr. Deep A. Lalvani as director. M/s. BSR & Co. LLP is proposed as the new statutory auditor for five years, replacing the existing auditor. The company will also ratify the cost auditor’s remuneration and appoint M/s. N. L. Bhatia & Associates as secretarial auditors for five years. The Articles of Association will be amended to increase directors’ retirement age from 65 to 70. Additionally, the company will implement the “Ador Employee Stock Option Plan 2025” for employees and subsidiaries, granting up to 3.4 lakh stock options to attract and retain talent, with vesting over four years based on performance and tenure.