Key Dates and Events

  • AGM Date: Wednesday, 16th September 2026 at 11:30 A.M. IST
  • AGM Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with MCA General Circular No. 03/2025 dated 22nd September 2025 and SEBI circulars.
  • Book Closure Period: Thursday, 10th September 2026 to Wednesday, 16th September 2026 (both days inclusive)
  • Record Date for Dividend: Wednesday, 09th September 2026
  • Remote e-Voting Period: Saturday, 12th September 2026 at 09:00 A.M. to Tuesday, 15th September 2026 at 05:00 P.M.

Business to be Transacted

Ordinary Business

1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2026, together with Reports of Directors and Auditors.

2. To declare a final dividend of ₹1.50 (15%) per equity share of face value of ₹10 each for the financial year ended 31st March 2026.

3. To appoint a Director in place of Mr. Deo Kishan Saraf (DIN: 00128804), who retires by rotation and being eligible, offers himself for re-appointment.

Special Business

4. Re-appointment of Mr. Rajarshi Ghosh (DIN: 05270177) as a Non-Executive Independent Director for a second term of five consecutive years from 30th June 2026 to 29th June 2031 (Special Resolution).

5. Re-appointment of Mr. Shankar Lal Bajaj (DIN: 00619282) as a Non-Executive Independent Director for a second term of five consecutive years from 25th September 2026 to 24th September 2031 (Special Resolution).

6. Appointment of Mr. Tushar Jhunjhunwala (DIN: 00025078) as a Non-Executive Independent Director for a term of five consecutive years from 14th July 2026 to 13th July 2031 (Special Resolution). He was appointed as an Additional Director on 14th July 2026.

7. Appointment of Mr. Amitava Mazumder (DIN: 06441635) as a Non-Executive Independent Director for a term of five consecutive years from 14th July 2026 to 13th July 2031 (Special Resolution). He was appointed as an Additional Director on 14th July 2026.

Dividend Details

  • Final Dividend Recommended: ₹1.50 per equity share (15% on face value of ₹10)
  • Financial Year: 2025-26 (ended 31st March 2026)
  • Record Date: 09th September 2026
  • Payment Method: Electronic mode to members who have updated bank details. For members who haven't, payment will be made electronically only upon completion of KYC and bank account details.
  • Taxation: Dividend shall be taxable in the hands of shareholders. The Company will deduct TDS at the time of payment. Members are requested to update their Residential Status, PAN, and Category with their Depository Participants or the Company.
  • Unclaimed Dividend: Dividends unpaid/unclaimed for seven consecutive years will be transferred to the Investor Education and Protection Fund (IEPF). Dividends for FY ending 31st March 2019 will become due for transfer to IEPF on 24th October 2026.

Director Details and Rationale

Mr. Rajarshi Ghosh (Item 4)

  • Current Status: His first term expired on 29th June 2026.
  • Qualifications: B.Com (H), LLB, qualified Company Secretary.
  • Experience: Practicing Company Secretary with over 3 decades of experience in Finance, Secretarial, and Legal matters. Serves as Independent Director on K I C Metaliks Limited and is a Promoter Director of Jesserjee Business Solutions Private Limited.
  • Board Recommendation: Based on performance evaluation and recommendation of Nomination & Remuneration Committee.
  • Remuneration: Only sitting fees for Board/Committee meetings.

Mr. Shankar Lal Bajaj (Item 5)

  • Current Status: His first term will expire on 24th September 2026.
  • Qualifications: Undergraduate.
  • Experience: Extensive experience (approx. 63 years) in accounts and taxation. Last associated with M/S Ganges Printing Co Ltd.
  • Board Recommendation: Based on performance evaluation and recommendation of Nomination & Remuneration Committee.
  • Remuneration: Only sitting fees for Board/Committee meetings.

Mr. Tushar Jhunjhunwala (Item 6)

  • Appointment Date: Appointed as Additional Director on 14th July 2026.
  • Qualifications: Bachelor of Science in Engineering (Industrial and Operations) from University of Michigan – Ann Arbor, USA.
  • Experience: Over 16 years in real estate, finance, logistics, and other industrial activities.
  • Board Recommendation: Based on recommendation of Nomination & Remuneration Committee.
  • Remuneration: Only sitting fees for Board/Committee meetings.
  • Other Directorships: Holds directorships in 11 other companies, including Nagreeka Exports Ltd. (Listed).

Mr. Amitava Mazumder (Item 7)

  • Appointment Date: Appointed as Additional Director on 14th July 2026.
  • Qualifications: Bachelor of Science.
  • Experience: About 50 years in finance, logistics, and other industrial activities.
  • Board Recommendation: Based on recommendation of Nomination & Remuneration Committee.
  • Remuneration: Only sitting fees for Board/Committee meetings.
  • Other Directorships: Holds directorships in Nagreeka Exports Ltd. (Listed) and Nagreeka Capital & Infrastructure Limited (Listed).

Mr. Deo Kishan Saraf (Ordinary Business Item 3)

  • DIN: 00128804
  • Date of Birth: 11-Aug-1966 (59 years)
  • First Appointment: 12-Oct-1990
  • Experience: 38 years approx. in business development, financial analysis, product identification, EXIM and forex planning. One of the promoters of the Company.
  • Remuneration: ₹48.00 lakhs drawn during FY2025-26.
  • Shareholding: 228,532 equity shares in individual capacity and 136,300 equity shares on behalf of HUF.
  • Other Directorships: Saraf Capital Markets Limited, Krypton Nutrients Limited, Century Safety Wears Private Limited, Ramnagar Properties Pvt Ltd.

Voting and Meeting Logistics

  • Scrutinizer: Ms. Rekha Goenka, Practicing Company Secretary (FCS-12590).
  • Remote e-Voting: Facilitated by Central Depository Services (India) Limited (CDSL). Members can vote via their demat accounts with NSDL/CDSL or through www.evotingindia.com for physical shareholders.
  • Virtual Meeting Access: Members can join the VC/OAVM 15 minutes before/after the scheduled time. Facility available for 1000 members on first-come-first-served basis, excluding large shareholders (2%+), promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors.
  • Speaker Registration: Members wishing to speak must pre-register by sending a request from their registered email to cs@acknitindia.com between 10:00 A.M. on 09-Sep-2026 and 06:00 P.M. on 11-Sep-2026. Each registered speaker gets up to two minutes.
  • Queries: Members can send queries regarding accounts or AGM matters to cs@acknitindia.com on or before 11-Sep-2026.

Compliance and Regulatory References

  • Filed pursuant to Regulation 30 read with Clause 12 of Part A of Schedule III of SEBI LODR Regulations, 2015.
  • Book closure intimation pursuant to Regulation 42 of SEBI LODR Regulations, 2015.
  • AGM convened through VC/OAVM complying with MCA Circular No. 03/2025 and SEBI Circular No. SEBI/ HO/ CFD/ CFDPoD-2/ P/ CIR/ 2024/ 133 dated 03-Oct-2024.
  • Explanatory Statement provided pursuant to Section 102 of the Companies Act, 2013.
  • Facility for remote e-voting provided pursuant to Section 108 of the Companies Act, 2013 and Regulation 44 of SEBI LODR Regulations 2015.

Other Important Information

  • Company Secretary & Compliance Officer: Sneha Gupta (M.No.: A74327)
  • RTA: S. K. Infosolutions Private Limited (Email: skcdilip@gmail.com)
  • Documents Availability: The Notice and Annual Report are available on the company's website, BSE website (www.bseindia.com), and CDSL website (www.evotingindia.com). Physical copies available on request.
  • Share Transfer Restriction: Transfer of shares in physical form is restricted w.e.f. 1st April 2019. Requests for transmission/transposition will be processed only in dematerialized form.
  • KYC Mandate: SEBI mandated that security holders in physical form without updated PAN, nomination, contact details, mobile number, bank account details, or specimen signature shall be eligible for payments (including dividend) only through electronic mode w.e.f. 01 April 2024 upon submission of complete details.

Financial Impact

  • Dividend payout amount is not quantified in the disclosure.
  • No other financial impact quantified for the director appointments (only sitting fees payable).