Southern Magnesium & Chemicals Ltd — Dividend/Bonus, 07-08-2025: Corp. Action

Southern Magnesium and Chemicals Limited has announced a board meeting where it approved the financial results for the quarter. The board also decided on the re-appointment of Mr. N Ravi Prasad as Managing Director and CEO for three years, and Mr. N Rajender Prasad as Joint Managing Director and CFO for three years, both subject to shareholder approval. Additionally, the company will convene its Annual General Meeting (AGM) through video conferencing and has set the book closure dates for the AGM. This ensures leadership continuity and timely shareholder engagement.