KDDL Limited , a prominent player in the watch and jewelry industry, has recently submitted crucial documents to the stock exchanges regarding a significant corporate action. The company has filed voting results and a consolidated scrutinizer report for a meeting of unsecured creditors, which was convened by the National Company Law Tribunal (NCLT).

Key Highlights

• The meeting of unsecured creditors was held on December 19, 2020.
• The purpose of the meeting was to discuss and vote on the Scheme of Amalgamation between Satva Jewellery and Design Limited and KDDL Limited.
• The meeting was convened following an order from the NCLT Chandigarh Bench dated November 10, 2020.
• KDDL Limited has submitted the required documents to both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in compliance with regulatory requirements.

Implications of the Amalgamation Scheme

The Scheme of Amalgamation between Satva Jewellery and Design Limited and KDDL Limited is a significant corporate restructuring move. Such amalgamations are often undertaken to streamline operations, achieve synergies, or consolidate business segments. The outcome of this meeting and the subsequent amalgamation process could have important implications for KDDL Limited's future business structure and operations.

Regulatory Compliance

By submitting the voting results and scrutinizer's report to the stock exchanges, KDDL Limited demonstrates its commitment to transparency and adherence to regulatory requirements. This action keeps shareholders and the market informed about important corporate decisions and ensures compliance with the Securities and Exchange Board of India (SEBI) regulations.

Recent Corporate Updates

In addition to the amalgamation proceedings, KDDL Limited has recently made other important announcements. According to the latest LODR (Listing Obligations and Disclosure Requirements) data:

• The company has revised its Record Date and Book Closure Period for the upcoming 45th Annual General Meeting (AGM).
• The new Record Date / Cut-off Date for Dividend and AGM Voting is set for Tuesday, September 9, 2025.
• The Book Closure Period for the AGM will be from Wednesday, September 10, 2025, to Monday, September 15, 2025 (both days inclusive).
• The 45th AGM is scheduled for Monday, September 15, 2025, at 03:00 P.M. (IST).

These updates indicate that KDDL Limited is actively engaging with its shareholders and maintaining good corporate governance practices.

As the amalgamation process progresses and the AGM approaches, investors and stakeholders will likely keep a close watch on KDDL Limited for further developments and their potential impact on the company's future prospects.

KDDL Limited , a prominent player in the Indian watch and precision engineering industry, has announced key dates for its upcoming dividend payment and 45th Annual General Meeting (AGM). The company has set September 8, 2025, as the record date for both dividend payment and e-voting eligibility for the AGM.

Dividend and AGM Details

KDDL had previously declared a book closure period from September 9 to September 15, 2025 (both days inclusive) for the purpose of dividend payment and the AGM. Now, the company has clarified that September 8, 2025, will serve as the record date for determining shareholders' eligibility for the dividend payout.

E-voting Information

Coinciding with the dividend record date, September 8, 2025, will also be the cut-off date for e-voting rights for the 45th AGM. This alignment ensures that shareholders registered as of this date will have the right to participate in the company's decision-making process through electronic voting.

Shareholder Communication

KDDL Limited has taken steps to ensure transparent communication with its shareholders. The company has published newspaper advertisements regarding the 45th AGM notice and the availability of the Annual Report for the financial year ended March 31, 2025, in both English and Hindi newspapers with wide circulation.

Corporate Governance

By setting clear dates and providing timely information, KDDL Limited demonstrates its commitment to good corporate governance practices. This approach allows shareholders ample time to prepare for the AGM and make informed decisions regarding their investments.

The company's proactive communication through regulatory filings and newspaper advertisements underscores its dedication to keeping investors well-informed about important corporate events and financial matters.

Shareholders and potential investors are advised to mark these dates in their calendars and to review the full AGM notice and annual report for comprehensive information about the company's performance and future outlook.