Nelcast Limited — Others, 03-07-2025: Shareholders meeting

Nelcast Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company will hold its 43rd Annual General Meeting via video conference to adopt the audited standalone and consolidated financial statements for FY 2024-25, declare a dividend of ₹0.50 per share subject to shareholder approval, and reappoint directors Mr. P. Deepak and Ms. P. Divya who retire by rotation. Ms. Maheswari Mohan is proposed for reappointment as Independent Director for a second five-year term. Approval is also sought for Mr. R. Sridharan to continue as an Independent Director beyond 75 years until his term ends in 2027. Additionally, M/s. L.D. Reddy & Co. is recommended for appointment as Secretarial Auditors for five years, and ratification of ₹2.25 lakh remuneration for Cost Auditors for FY 2025-26 is proposed. The AGM will include electronic voting facilities for shareholders.