Subject to Shareholder Approval: Yes, at the ensuing 44th Annual General Meeting (AGM)
Payment Timeline: The payment of dividend/ dispatch of dividend warrants will be completed within 30 days of declaration at the AGM.
Book Closure Details
Book Closure Period: Wednesday, September 23, 2026 to Tuesday, September 29, 2026 (both days inclusive)
Purpose: 44th Annual General Meeting and distribution of dividend for the financial year 2025-26.
Board Meeting Highlights
The Board Meeting was held on Saturday, September 05, 2026, commencing at 11:00 A.M (IST) and concluding at 01:10 P.M (IST).
Appointments / Reappointments:
Mr. Anil Anant Raie (DIN: 01658167): Reappointment as a Non-Executive Director, liable to retire by rotation. Subject to approval of members at the 44th AGM. He is the founder and possesses more than 45 years of experience in the power sector. Holds 7,014,000 equity shares.
Mr. Amit Anil Raje (DIN: 00282385): Revision in remuneration approved for his role as Chairman & Managing Director. He possesses more than 24 years of experience at Aartech and holds 471,364 equity shares.
Mrs. Arati Nath (DIN: 08741034): Revision in remuneration approved for her role as CEO & Director. She has over 19 years of experience in finance and holds 411,705 equity shares.
Other Approvals:
Approved the 44th Board Report along with its Annexures.
Appointed CS Avadhesh Parashar, Practicing Company Secretary, partner of M/s APVN & Associates (Membership number: F11543; CP No.:9057) as the Scrutinizer for the e-voting process.
AGM Details
The 44th Annual General Meeting (AGM) will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).
AGM Date: Tuesday, September 29, 2026.
Remote e-voting period: Commences on Saturday, September 26, 2026 (9.00 a.m. IST) and ends on Monday, September 28, 2026 (5.00 p.m. IST).
Cut-off Dates
First cut-off date/entitlement date (for determining eligibility to receive notice of AGM): Friday, August 28, 2026.
Second cut-off date/entitlement date (for determining eligibility to vote and receive dividend): Tuesday, September 22, 2026.
Director Profiles and Disclosures
Mr. Anil Anant Raie
Age: 81 years
Date of Appointment: 24/08/1982
Qualifications: Bachelor of Engineering (Electrical) from MACT (now MANIT)
Expertise: Founder with over 45 years of experience in the power sector.
Committee Memberships: Stakeholder Relationship Committee, Nomination & Remuneration Committee of the company.
Relationship: Father of Mr. Amit Anil Raje and Mrs. Arati Nath.
Mrs. Arati Nath
Age: 46 years
Date of Appointment: 12/05/2020
Qualifications: Post Graduate Diploma in Business Analytics Finance, Bachelor of Commerce from Welingkar Institute of Management, Mumbai.
Expertise: Over 19 years of experience in finance. Previously held positions of General Manager (Operations) and Chief Financial Officer (CFO) in the company.
Role: Designated as "Presiding Officer" of Internal Complaints Committee of the Company.
Relationship: Daughter of Mr. Anil Anant Raie and Sister of Mr. Amit Anil Raje.
Mr. Amit Anil Raje
Age: 53 years
Date of Appointment: 07/04/2007
Qualifications: B.Tech. (Electrical Engineering) from I.I.T Mumbai (1995) and M.S.E.E. (Power and System Electronics) from University of Minnesota, Minneapolis, USA.
Expertise: Over 24 years of experience at Aartech, specializing in energy applications, control, protection, automation, energy storage, and pulse power applications.
