Akar Auto Industries Ltd — Board Meeting, 13-08-2025: Board Meeting

Akar Auto Industries' Board recently approved the financial results for the quarter ended June 30, 2025. Key decisions include the proposed appointment of M/s Singh Mundada & Associates as Statutory Auditors for one year, subject to shareholder consent. The Board also put forward a dividend of 12%, or Rs. 0.60 per equity share (face value Rs. 5), for the financial year 2024-2025, pending shareholder approval. Additionally, Mr. Sunil Todi's re-appointment as Managing Director for a five-year term (Sept 2025-Sept 2030) was approved, also awaiting shareholder ratification. The 36th Annual General Meeting will be held on September 30, 2025, via video conference.