KPT Industries held its 50th Annual General Meeting where shareholders adopted the audited financial statements for the past year.

A dividend of Rs. 3.00 per equity share (60%) was declared.

Shareholders reappointed Mr. Dilip Kulkarni and Mrs. Prabha Kulkarni as Directors.

The Managing Director's commission was revised from 4% to 10% of net profits, with a minimum of 0.84 Cr annually if profits are insufficient.

Three Independent Directors – Mr. Sanjay Ramakant Buch, Mr. Niraj Shishir Shirgaokar, and Ms. Rama Sanjay Kirloskar – were reappointed for five-year terms.

Dr. Nitin Vikas Pai was appointed as a Non-Executive Director, and Cost Auditors were ratified.