Vimta Labs schedules AGM for June 25, 2026
Vimta Labs Limited has scheduled its 36th Annual General Meeting for June 25, 2026, via video conferencing. The agenda includes ratifying the ₹2 per share dividend for FY26 and the reappointment of Dr. S P Vasireddi as Executive Chairman.
*this image is generated using AI for illustrative purposes only.
Vimta Labs Limited has scheduled its 36th Annual General Meeting on June 25, 2026, through video conferencing. The meeting seeks shareholder ratification for the final dividend of ₹2 per equity share for the financial year ended March 31, 2026, and the adoption of audited financial statements.
The Board has proposed the reappointment of Dr. S P Vasireddi as Executive Chairman for a term of five years effective July 1, 2026. His remuneration includes a consolidated monthly salary of ₹18,00,000 and a commission not exceeding 1% of the net profit, subject to Section 197 of the Companies Act, 2013. Additionally, the meeting will consider the ratification of remuneration for cost auditors M/s Lavanya and Associates LLP for the financial years 2024-25 and 2025-26.
Key AGM Details
| Particulars | Details |
|---|---|
| Meeting Date | June 25, 2026 |
| Meeting Time | 10:00 A.M. IST |
| Mode | Video Conferencing / Other Audio Visual Means |
| Dividend | ₹2 per equity share |
| Record Date | June 18, 2026 |
| E-voting Period | June 22, 2026 (09:00 A.M.) to June 24, 2026 (05:00 P.M.) |
Shareholders holding shares as on the record date of June 18, 2026, will be eligible to receive the dividend and participate in the voting process.
Historical Stock Returns for Vimta Labs
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.61% | +2.35% | +2.57% | -24.12% | -5.91% | +314.67% |
What strategic initiatives does Dr. S P Vasireddi plan to prioritize during his new five-year term as Executive Chairman?
How will the proposed remuneration structure for the Executive Chairman impact Vimta Labs' operational costs and profitability?
Will the company maintain or adjust its dividend policy in light of future financial performance and expansion plans?
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