Axtel Industries Limited , a leading manufacturer of process plant equipment, has announced a substantial dividend payout and successfully conducted its 33rd Annual General Meeting (AGM) on August 19, 2025. The company's board of directors has recommended a total dividend of Rs. 11 per equity share, marking a significant increase in shareholder returns.

Dividend Details

The total dividend of Rs. 11 per equity share (110%) consists of two components:

1. An interim dividend of Rs. 5 per share (50%) declared on March 15, 2025
2. A final dividend of Rs. 6 per share (60%) recommended by the Board of Directors on July 16, 2025

This dividend declaration represents an 83.33% increase compared to the previous year's dividend of Rs. 6 per share, reflecting the company's strong financial performance and commitment to shareholder value.

Financial Performance Highlights

During the AGM, Chairperson Ms. Deepti Sharma reported that Axtel Industries achieved:

• Revenue: Rs. 178.55 crore
• Profit After Tax: Rs. 18.02 crore

These figures underscore the company's robust financial health and operational efficiency.

Annual General Meeting Proceedings

The 33rd AGM was conducted through video conferencing, in compliance with regulatory guidelines. Key points from the meeting include:

• Adoption of audited financial statements
• Re-appointment of Mr. Ajitsingh Mohansingh Bubber as Director
• Approval of remuneration for Whole-time Directors Mr. Ajay Naishad Desai and Mr. Ajay Nalin Parikh
• Authorization under Section 186 of the Companies Act, 2013
• Appointment of Secretarial Auditors for a five-year term
• Ratification of Cost Auditors' remuneration

Future Outlook

The Chairperson highlighted the company's ongoing investments in talent development to strengthen its team and capabilities, ensuring sustainable long-term growth. Axtel Industries is also actively planning for Capital Expenditure, with specific projects to be announced once finalized, aligning with its strategic objectives for expansion and development.

Corporate Governance

In a move to enhance corporate governance, the company has appointed M/s. Ruchita Patel & Associates as Secretarial Auditors for a term of five consecutive years from FY2025-26 to FY2029-30, subject to shareholder approval.

The dividend announcement and the successful conclusion of the AGM demonstrate Axtel Industries' commitment to shareholder value and transparent corporate governance. As the company looks ahead to future growth and expansion, investors will be keenly watching its performance in the coming fiscal year.

Axtel Industries Limited , a leading manufacturer of food processing equipment, has announced August 12, 2025, as the record date for determining shareholder eligibility for dividend payment for the financial year 2024-25. The dividend is subject to declaration at the company's upcoming annual general meeting (AGM) scheduled for August 19, 2025.

Dividend Details

Shareholders holding equity shares of Axtel Industries on the record date will be entitled to receive the dividend if approved at the AGM. The company's board of directors has recommended a total dividend of Rs. 11.00 per equity share (110%) for the financial year 2024-25, which includes:

• An interim dividend of Rs. 5.00 per share (50%) already declared on March 15, 2025
• An additional dividend of Rs. 6.00 per share (60%) proposed at the board meeting held on July 16, 2025

Financial Performance

For the financial year 2024-25, Axtel Industries reported:

Despite a 20.05% decrease in turnover, the company has maintained a strong dividend payout, demonstrating confidence in its financial position and commitment to shareholder returns.

AGM and E-voting Details

The 33rd Annual General Meeting of Axtel Industries Limited is scheduled to be held on Tuesday, August 19, 2025, at 11:00 a.m. through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The company has also announced the e-voting period for shareholders:

• Remote e-voting period: From Saturday, August 16, 2025 (9:00 a.m.) to Monday, August 18, 2025 (5:00 p.m.)

Export Performance

Axtel Industries continues to maintain a strong presence in international markets. For FY 2024-25, the company reported:

• Export turnover: Rs. 2,997.75 lacs
• Export markets: Europe, Middle East, Far East, and neighboring countries

The company's ability to compete globally underscores the quality and competitiveness of its food processing equipment.

Investors and shareholders are advised to take note of the important dates and participate in the upcoming AGM. The final approval of the proposed dividend will be subject to shareholder approval at the AGM.