Empire Industries holds 124th AGM, approves dividend, key appointments

Empire Industries Limited held its 124th Annual General Meeting (AGM) on Monday, September 22, 2025, from 3:00 p.m. IST to 3:53 p.m. IST. The virtual meeting saw the adoption of the audited financial statements for the fiscal year ended March 31, 2025, and the declaration of a dividend for the same period.

Key resolutions passed included the reappointment of Kabir Malhotra as a director and executive director, and the appointment of Deepa Gupta as the secretarial auditor for five consecutive years. Additionally, Sujoy Sengupta and Bhavna Damodar Prabhu were appointed as independent director and woman independent director, respectively. The remuneration payable to M/s. Vinay Mulay & Co, cost accountants, for the 2025-2026 fiscal year was ratified at INR 150,000.

The proceedings also highlighted discussions on shareholder queries regarding bonus shares, plant visits, segment-wise performance, and the company's future outlook. The scrutinizer is expected to submit the consolidated report on e-voting by Wednesday, September 24, 2025.