Meeting Details

The 82nd Annual General Meeting will be held on Thursday, August 13, 2026 at 10:00 a.m. (IST) through Video Conference / Other Audio-Visual Means without physical presence of members, in accordance with MCA General Circular Nos. 14/2020, 17/2020, 20/2020 and 03/2025.

Ordinary Business Items

1. Adoption of Financial Statements: To consider and adopt audited financial statements for FY2025-26 ending March 31, 2026 along with reports of Board of Directors and Auditors.

2. Declaration of Dividend: To declare final dividend at ₹525 per equity share and special dividend at ₹131 per equity share of ₹10 face value each fully paid-up, totaling ₹656 per share, payable out of company profits.

3. Director Retirement - Mr. Munir Shaikh: Mr. Munir Shaikh (DIN: 00096273) retires by rotation and has not offered himself for re-appointment. Resolution proposes not to re-appoint him and not to fill the vacancy.

4. Director Re-appointment - Mr. Kaiyomarz Marfatia: Mr. Kaiyomarz Marfatia (DIN: 03449627) retires by rotation and, being eligible, has offered himself for re-appointment as Director liable to retire by rotation.

Special Business Item

5. Cost Auditor Remuneration Ratification: To ratify remuneration of ₹0.09 Crores plus applicable taxes and reimbursement of out-of-pocket expenses payable to M/s. Kishore Bhatia & Associates, Cost Accountants (Firm Registration No. 00294) for conducting cost audit for FY2026-27.

Dividend Payment Details

  • Record Date: July 24, 2026
  • Payment Date: On or after August 18, 2026
  • Dividend will be paid electronically to members whose names appear on Register of Members and beneficial owners as per depository details
  • TDS will be deducted as per Income Tax Act, 2025
  • SEBI mandate requires dividend payments only through electronic mode after furnishing PAN, nomination details, contact details, and bank account details

Unclaimed Shares and Dividend Information

Unclaimed Suspense Account (as of March 31, 2026):

  • 1 shareholder holding 42 shares
  • During FY2025-26: 3 shareholders claimed 471 shares, 27 shareholders transferred 3,085 shares to IEPF
  • Opening balance (April 1, 2025): 31 shareholders holding 3,598 shares

IEPF Account (as of March 31, 2026):

  • 757 shareholders holding 119,565 shares
  • During FY2025-26: 48 shareholders transferred 16,131 shares to IEPF, 56 shareholders claimed 8,811 shares from IEPF
  • Opening balance (April 1, 2025): 765 shareholders holding 112,245 shares

Unclaimed Dividend Transfer Schedule:

  • 61st Dividend (2018-19): ₹65 - Due date 20/09/2026
  • 62nd Dividend (2019-20): ₹250 - Due date 05/10/2027
  • 63rd Dividend (2020-21): ₹275 - Due date 25/08/2028
  • 64th Dividend (2021-22): ₹275 - Due date 08/09/2029
  • 65th Dividend (2022-23): ₹325 - Due date 07/09/2030
  • 66th Dividend (2023-24): ₹410 - Due date 06/09/2031
  • 67th Dividend (2024-25): ₹475 - Due date 11/09/2032

Director Details - Mr. Kaiyomarz Marfatia

  • Date of Appointment: March 1, 2011
  • Expertise: Legal and Secretarial streams with over four decades of experience (25+ years with Abbott)
  • Qualifications: B.Com from Lala Lajpat Rai College, Law degree from Government Law College, Mumbai
  • Remuneration (FY2025-26): ₹0.24 Crores (commission and sitting fees)
  • Board Meetings Attended: 7 out of 7 in FY2025-26
  • Shares Held: NIL
  • Other Directorships: SNL Bearings Limited
  • Committee Memberships: Chairman of Stakeholders Relationship Committee and Member of Audit Committee of SNL Bearings Limited

Voting Arrangements

  • Remote e-voting period: August 10, 2026 (9:00 a.m.) to August 12, 2026 (5:00 p.m.) through NSDL
  • Cut-off date for voting eligibility: August 6, 2026
  • Scrutinizer: Mr. Taizoon Khumri (CP No. 88, Membership No. FCS 993) of M/s. Khumri Wagh Fatehi & Associates LLP
  • Results to be declared within 48 hours of meeting conclusion and posted on company website and NSDL website

Shareholder Services Information

  • Registrar and Transfer Agent: KFin Technologies Limited
  • Physical share holders must update PAN, KYC, and nomination details to avail services
  • SEBI mandate requires all service requests for physical shares to be processed only in dematerialized form after April 1, 2024
  • Members encouraged to dematerialize physical shares