Empire Industries Ltd — Important, 18-08-2025: Company Update

Empire Industries has announced its 124th Annual General Meeting on September 22, 2025, via video conferencing. The Board has proposed a final dividend of Rs. 25 per equity share (face value Rs. 10) for FY 2025, subject to TDS if exceeding Rs. 5,000. The company also published notices regarding the transfer of shares with unclaimed dividends from FY 2018 to the Investor Education and Protection Fund Authority. Separately, banks are actively recovering dues through asset auctions. Notably, IDBI Bank is auctioning a factory to recover over Rs. 505.67 Cr, while Abhyudaya Co-op. Bank seeks Rs. 3.22 Cr and Saraswat Co-op. Bank Rs. 0.30 Cr through similar sales.