Aartech Solonics 44th AGM Notice and Resolutions

Meeting Details

The 44th Annual General Meeting of Aartech Solonics Limited will be held on Tuesday, September 29, 2026 at 11:00 AM IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The deemed venue is the Registered Office at E-2/57, Ashirwad, Arera Colony, Bhopal, 462016, Madhya Pradesh, India.

Ordinary Business

1. Adoption of Financial Statements

To receive, consider and adopt:

• Audited Financial Statements for the financial year ended 31st March, 2026
• Report of the Board of Directors and Auditors thereon
• Audited Consolidated Financial Statements for the financial year ended 31st March, 2026
• Report of the Auditors thereon

2. Dividend Declaration

To declare final dividend on equity shares at the rate of 2.5% [i.e., Re. 0.125/- per Equity Share of ₹5/- each] for the financial year ended 31st March, 2026.

3. Director Re-appointment

To appoint Mr. Anil Anant Raje (DIN: 01658167) as director who retires by rotation under Section 152(6) of Companies Act, 2013 and offers himself for re-appointment.

Special Business

4. Revision in Remuneration of Mr. Amit Anil Raje

Special Resolution to approve revision in overall maximum remuneration payable to Mr. Amit Anil Raje (DIN: 00282385), Chairman & Managing Director, from existing ₹36,00,000 per annum to not exceeding ₹50,00,000 per annum, effective from 1st April, 2026 for the remaining tenure ending 11th May, 2030.

Background: Mr. Raje received ₹34.86 lakhs as remuneration during FY2025-26. The revision is proposed due to increased scale and complexity of operations, expansion of business portfolio, enhanced regulatory requirements, and increased management responsibilities.

5. Revision in Remuneration of Mrs. Arati Nath

Special Resolution to approve revision in overall maximum remuneration payable to Mrs. Arati Nath (DIN: 08741034), CEO & Director, from existing ₹35,00,000 per annum to not exceeding ₹50,00,000 per annum, effective from 1st April, 2026 for the remaining tenure ending 11th May, 2030.

Background: Mrs. Nath received ₹35.43 lakhs as remuneration during FY2025-26. The revision is proposed due to increased operational responsibilities, evolving regulatory expectations, and enhanced executive responsibilities.

Financial Performance Reference (Annexure)

The explanatory statement provides financial indicators for the past three years:

• Income: ₹4,185.40 lakhs (Mar 2026), ₹3,903.32 lakhs (Mar 2025), ₹3,596.25 lakhs (Mar 2024)
• Net Profit before interest, Depreciation & Tax: ₹554.78 lakhs (Mar 2026), ₹144.98 lakhs (Mar 2025), ₹275.36 lakhs (Mar 2024)
• Net Profit: ₹349.71 lakhs (Mar 2026), ₹204.37 lakhs (Mar 2025), ₹144.29 lakhs (Mar 2024)
• Dividend amount: ₹39.71 lakhs (Mar 2026), ₹39.71 lakhs (Mar 2025), ₹79.42 lakhs (Mar 2024)
• Export performance for FY26: ₹257.14 lakhs

Dividend Details

If declared, the final dividend of 2.5% (₹0.125 per share) will be paid within 30 days from declaration to members registered as of September 22, 2026. The Register of Members and Share Transfer Books will remain closed from September 23, 2026 to September 29, 2026 (both days inclusive).

Tax Treatment of Dividend

Pursuant to Finance Act, 2025, the company will deduct tax at source from dividend payments as follows:

• Resident members without PAN/valid PAN: 20% or prescribed rate
• No TDS if total dividend during FY2026-27 does not exceed ₹10,000 for resident individuals
• Foreign Portfolio Investors: 20% plus applicable surcharge and cess
• Other non-resident shareholders: 20% plus applicable surcharge and cess, with possible DTAA benefits

Voting Arrangements

• Remote e-voting period: September 26, 2026 (9:00 AM IST) to September 28, 2026 (5:00 PM IST)
• Cut-off date for voting eligibility: September 22, 2026
• Scrutinizer: CS Avadhesh Parashar of M/s APVN & Associates
• Results will be posted on company website and communicated to stock exchanges within 2 working days

Virtual Meeting Logistics

• Members can join AGM through VC/OAVM using e-voting credentials
• Facility to join opens 30 minutes before meeting and closes 30 minutes after scheduled time
• At least 1,000 members can join on first-come-first-served basis, with exceptions for large shareholders, promoters, institutional investors, directors, KMPs, etc.
• Questions must be submitted to compliance@aartechsolonics.com at least 10 days before AGM

Shareholder Services

• Registrar and Transfer Agent: Bigshare Services Private Limited
• Investor grievance email: compliance@aartechsolonics.com
• Company website: www.aartechsolonics.com
• Documents available for inspection on company website until AGM date

#Tags: #AartechSolonics #AGM2026 #Dividend #RemunerationRevision #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral