Duroply Industries Ltd — Others, 11-08-2025: AGM/EGM

Duroply Industries will conduct a postal ballot to seek shareholder approval for revising the remuneration of its Executive Chairman, Sudeep Chitlangia, and Managing Director & CEO, Akhilesh Chitlangia. The revisions, effective October 1, are proposed due to their extensive experience, contributions to company growth, and aligning with industry benchmarks. Mr. Sudeep Chitlangia's new annual remuneration could reach up to Rs 1.30 Cr, and Mr. Akhilesh Chitlangia's up to Rs 1.00 Cr. Shareholder voting for these changes will be done electronically, from August 12 to September 10. This ensures continued leadership incentives for sustained progress, despite the company's FY25 net profit of Rs 7.77 Cr.