Voltas Limited announced its 71st Annual General Meeting (AGM) will be held on Tuesday, 8 July 2025, at 1:00 p.m. (IST) through Video Conferencing / Other Audio Visual Means.
The agenda for the AGM includes:
- Adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended 31 March 2025.
- Declaration of a dividend of ₹7/- per Equity Share of ₹1/- each for the financial year ended 31 March 2025.
- Re-appointment of Mr. Noel Tata and Mr. Saurabh Agrawal as Directors.
- Approval for payment of Long-Term Incentive to Mr. Pradeep Kumar Bakshi, Managing Director & Chief Executive Officer.
- Appointment of Mr. Mukundan C. P. Menon as the Managing Director, effective 1 September 2025, to hold office until 24 May 2027.
- Appointment of M/s. N L Bhatia & Associates as Secretarial Auditors for a term of five years commencing from 1 April 2025 up to 31 March 2030.
- Ratification of the remuneration of ₹7.00 lakh plus applicable taxes for M/s. Sagar & Associates as Cost Auditors for the financial year ending 31 March 2026.
The Record Date for determining the members entitled to receive the dividend for FY 2024-25 has been fixed as Friday, 20 June 2025. The dividend, if approved and declared, will be paid on or after Friday, 11 July 2025.