ABC India Limited has issued a notice for its 53rd Annual General Meeting (AGM) to be held on Monday, 28th September, 2026 at 3:00 P.M. via Video Conferencing (VC)/Other Audio Video Means (OAVM).

Ordinary Business Agenda:

1. To receive, consider and adopt the Audited Financial Statement of the Company including Audited Balance Sheet as at 31st March, 2026, the Audited Profit & Loss Account and the Cash Flow Statement together with the Notes to Accounts forming part of the financial statements for the year ended on that date along with Report of Directors' and Auditors' thereon.

2. To declare Dividend on Equity Shares - The Board has recommended a dividend of 5% i.e. ₹0.50 per Equity share of the nominal value of ₹10 each for the year ended March 31, 2026.

3. To appoint a Director in place of Mr. Siddarth Kapoor (DIN: 02089141), retiring by rotation and being eligible offered himself for re-appointment.

Special Business Agenda:

4. Re-appointment of Mr. Ashish Agarwal (DIN: 00351824) as Managing Director - To consider and approve his re-appointment as Managing Director for a further period of 3 years w.e.f. 1st August, 2026 with the following remuneration structure:

  • Salary: ₹9,00,000 per month
  • Perquisites including House Rent Allowance (@50% of salary), Medical Allowance (max ₹25,000 p.a.), Club Fees (max ₹50,000 p.a.), and other benefits
  • Total past remuneration: ₹1,59,39,160 per annum

5. Approval of Remuneration of Cost Auditors - To ratify the remuneration payable to M/s. Debobrata Banerjee & Associates, Cost Auditors for conducting the cost audit for FY 2026-27 at a fee of ₹1,20,000 plus applicable taxes and reimbursement of out-of-pocket expenses.

Key Dates and Procedures:

  • Register of Members and Share Transfer Books will remain closed from Tuesday, September 22, 2026 to Monday, September 28, 2026 (both days inclusive)
  • Cut-off date for determining voting eligibility: Monday, September 21, 2026
  • Remote e-Voting period: Friday, September 25, 2026 (10:00 AM) to Sunday, September 27, 2026 (5:00 PM)
  • Dividend payment: To be paid within 30 days of declaration to members as on Record Date Monday, 21st September, 2026
  • Dividend will be paid electronically only as per SEBI circulars dated 7th May, 2024 and 10th June, 2024

Voting Arrangements:

  • Mr. Santosh Kumar Tibrewalla, Practicing Company Secretary appointed as Scrutinizer
  • Shareholders can vote through remote e-Voting via CDSL's platform or during the AGM
  • The meeting will be conducted virtually without physical presence
  • Facility available for at least 1000 shareholders on first-come-first-served basis

Financial Context:

  • The company operates in Freight & Services, Petrol Pump and Construction industries
  • Financial performance indicators provided:
  • FY 2026: Turnover ₹16,404.02 lakh, Net Profit ₹230.82 lakh
  • FY 2025: Turnover ₹18,495.30 lakh, Net Profit ₹246.93 lakh
  • FY 2024: Turnover ₹16,459.37 lakh, Net Profit ₹228.30 lakh

Additional Information:

  • The Explanatory Statement provides detailed material facts for items 4 & 5
  • Director profiles and disclosures provided as per regulatory requirements
  • Shareholders holding 1,75,064 equity shares in the company
  • The company has no shares where dividend remains unclaimed for seven consecutive years