NewsCorporate ActionsEvans Electric Announces Rs 1.50 Final Dividend, Sets 74th AGM for September 29Evans Electric Announces Rs 1.50 Final Dividend, Sets 74th AGM for September 29
Evans Electric Ltd. has declared a final dividend of Rs. 1.50 per share for FY 2024-25, subject to shareholder approval. The company's 74th Annual General Meeting is scheduled for September 29, 2025, with a record date of September 25, 2025. Book closure is set for September 26-29, 2025. The Board approved several key items including the Secretarial Audit Report, Directors' Report, appointment of internal auditors, and CSR expenditure plans for FY 2025-26.
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Evans Electric Ltd. has announced key decisions following its Board of Directors meeting held on August 26, 2025. The company, known for its heavy electro-mechanical repairs, has made several important announcements for the financial years 2024-25 and 2025-26.
Dividend Announcement
The Board of Directors has recommended a final dividend of Rs. 1.50 per share for the financial year 2024-25, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
74th Annual General Meeting
Evans Electric has scheduled its 74th AGM for September 29, 2025. Shareholders should note the following important dates:
- Record Date: September 25, 2025
- Book Closure: September 26-29, 2025 (both days inclusive)
Key Approvals and Appointments
The Board meeting, which lasted from 1:37 PM to 2:50 PM, resulted in several significant decisions:
- Approval of the Secretarial Audit Report for the year ended March 31, 2025
- Approval of the Directors' Report for the year ended March 31, 2025
- Appointment of internal auditors for the financial year 2025-26
- Approval of CSR expenditure plans for FY 2025-26
- Appointment of Big Share Services Private Limited as the e-voting service provider for the AGM
- Appointment of M/s MSDS & Associates, Practicing Company Secretaries, as scrutinizer for e-voting and the AGM
Compliance and Transparency
The company has affirmed that these decisions comply with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement demonstrates Evans Electric's commitment to corporate governance and shareholder communication.
Shareholders and investors are advised to mark their calendars for the upcoming AGM and take note of the record date for dividend eligibility. The final dividend, once approved at the AGM, will be a return for the company's investors.
As Evans Electric continues to navigate the heavy electro-mechanical repairs sector, these corporate actions reflect the company's ongoing efforts to maintain transparency and create value for its stakeholders.
Historical Stock Returns for Evans Electric
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.93% | +0.70% | -3.54% | +6.69% | +6.45% | +200.00% |
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