Siddhika Coatings Limited — Others, 11-08-2025: Shareholders meeting

Siddhika Coatings' 15th Annual General Meeting minutes reveal key shareholder approvals. Investors adopted the financial results for FY 2024-25 and approved a final dividend of Rs 3.30 per share. Shareholders also approved revised remuneration for its key executives: MD Charitra Maheshwari will receive up to Rs 39 Lakh per annum, and EDs Gaurav Agarwal (Rs 38 Lakh) and Manvendra Pratap Singh (Rs 35 Lakh) will also receive annual remuneration up to their respective limits, all with an additional 0.60% commission on net sales. An overall director remuneration limit of Rs 1.50 Crore per annum was set for periods of inadequate profits. Related party transactions with subsidiaries were also approved. Additionally, the company plans to introduce new core business items under its own branding this financial year. All proposed resolutions passed with a strong majority.