Kitex Garments will hold its 33rd Annual General Meeting on September 17. Shareholders will vote on a final dividend of ₹0.50 per share for the financial year 2024-25. The company seeks approval to re-appoint Chairman & Managing Director Mr. Sabu M Jacob for a three-year term, ensuring leadership continuity. It also proposes to increase its authorized share capital from ₹25 Cr to ₹50 Cr and to raise up to ₹3,000 Cr via Qualified Institutions Placement. This capital will fund expansion, debt repayment, and working capital for group companies, supporting growth in Telangana. Additionally, the company seeks approval for material related party transactions totaling ₹7,500 Cr with its subsidiaries and associate companies for ongoing business and new projects.