Haryana Leather Chemicals Announces Board Appointments and Dividend for FY 2024-2025
Haryana Leather Chemicals Limited (HLCL) has approved key board appointments and declared a final dividend for FY 2024-2025. Mrs. Sippy Jain is re-appointed as Whole Time Director for five years from July 30, 2025. Mr. Vijay Kumar Garg will continue as Non-Executive Director beyond age 75. The company declared a final dividend of INR 1.00 per equity share, with the record date set for August 30, 2025. Both appointments and dividend are subject to shareholder approval at the AGM on September 13, 2025.
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Haryana Leather Chemicals Limited (HLCL) has made significant announcements regarding its board composition and dividend payout for the financial year 2024-2025. The company's board of directors has approved key appointments and a dividend, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Board Appointments
The board has approved the following appointments:
Re-appointment of Whole Time Director
- Mrs. Sippy Jain re-appointed for a five-year term, effective July 30, 2025
- Holds a Master's degree in Literature and a Diploma in Textile Engineering
- With the company since 2007 as Manager-Graphic Design
- Spouse of the Managing Director
Continuation of Non-Executive Director
- Mr. Vijay Kumar Garg to continue as Non-Executive Director after turning 75
- Associated with the company since July 22, 2003
- Brings valuable experience in chemicals and business expansion
Both appointments are subject to shareholder approval at the upcoming AGM.
Dividend Declaration
HLCL has declared a final dividend for the financial year 2024-2025. The key details are as follows:
| Particulars | Details |
|---|---|
| Dividend Type | Final Dividend |
| Dividend Per Share | INR 1.00 per equity share of INR 10.00 each |
| Record Date | August 30, 2025 |
| AGM Date | September 13, 2025 |
| Payment Date | Within 30 days of declaration if approved |
The dividend is subject to shareholder approval at the 40th Annual General Meeting scheduled for September 13, 2025.
These developments reflect Haryana Leather Chemicals Limited's commitment to corporate governance and shareholder value. The re-appointment of key personnel and the dividend declaration, subject to shareholder approval, indicate the company's focus on continuity in leadership and rewarding its shareholders.
Historical Stock Returns for Haryana Leather Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.92% | -3.50% | -13.37% | -11.01% | -25.58% | +133.33% |
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