Orient Electric Limited — Others, 25-07-2025: Shareholders meeting
25-07-2025 | 06:44 pm
25-07-2025 | 06:44 pm
Orient Electric Limited's 9th Annual General Meeting successfully concluded, where shareholders approved key resolutions. The company's audited financial statements for the financial year ended March 31, 2025, were adopted. Shareholders also declared a final dividend of ₹0.75 per equity share and confirmed the interim dividend of ₹0.75 per share already paid for FY25. Mr. Ravindra Singh Negi was re-appointed as Managing Director & CEO. Furthermore, the remuneration for the Cost Auditor was ratified, and the Secretarial Auditor was approved for a five-year term. An increase in the managerial remuneration limit for the MD & CEO up to 6% of net profits for FY25 was also approved.
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