Hopson Dev Hold <754) profit warning

Hopson Dev Hold <754) profit warning

In a significant move, Ramco Cements' board of directors, at a meeting held on August 13, 2025, approved the appointment of M/s. Sriram Krishnamurthy & Co. as the company's Secretarial Auditors for the next five financial years, commencing from 2025-2026 to 2029-2030. Additionally, the board declared a dividend of ₹2 per share for the year ended March 31, 2025 [1].

The appointment of M/s. Sriram Krishnamurthy & Co. as Secretarial Auditors is a critical decision, as they will be responsible for ensuring the company's compliance with legal and regulatory requirements. The remuneration for the Secretarial Auditors for the financial year 2025-2026 is set at ₹6,50,000/- (Rupees Six lakhs fifty thousand only) exclusive of GST and out-of-pocket expenses [1].

Furthermore, the board ratified the remuneration of ₹7,00,000/- for M/s. Geeyes & Co., the company's Cost Accountants and Cost Auditors, for the financial year 2025-2026 [1].

The meeting also saw the adoption of the company's Separate and Consolidated Audited Financial Statements for the year ended March 31, 2025, and the reappointment of Shri. R. Dinesh as a Director [1]. The dividend of ₹2 per share for the year ended March 31, 2025, is payable to shareholders appearing in the Register of Members and Register of Beneficial Owners as of August 6, 2025 [1].

Historically, dividend record dates for Ramco Cements have shown mixed but notable patterns in stock price performance. For instance, backtesting from 2022 to the present reveals that in similar scenarios, the stock has demonstrated a 75.00% win rate within three trading days of the record date, a 62.50% win rate over 10 days, and a 43.75% win rate over 30 days. The maximum observed return during this period was 3.88%, achieved 20 days post-record date. While these figures suggest short-term price appreciation potential around dividend events, it is important to note that Ramco Cements did not announce dividends during the 2022–2025 period, limiting the direct applicability of these historical patterns to the current context. Investors should consider these insights alongside broader market conditions and company fundamentals.



The meeting was attended by several key individuals, including Directors, In Attendance, By Invitation, Scrutiniser, and Auditors [1]. The meeting concluded with a vote of thanks to the Chair.

References:
[1] https://www.tradingview.com/news/moneycontrol:a128316f0094b:0-ramco-cements-appoints-secretarial-auditors-declares-2-dividend/