Meeting Details

The 22nd Annual General Meeting will be held on Friday, July 10, 2026, at 11:00 A.M. (IST) through Video Conferencing/Other Audio-Visual Means. The deemed venue is the Registered Office of the Company at 304, 3rd Floor, Mohan Place, L.S.C, Block-C, Saraswati Vihar, New Delhi-110034, Delhi.

Summary of Proposed Resolutions

Ordinary Business

1. To receive, consider, and adopt the audited financial statements for FY26: An ordinary resolution to adopt the standalone and consolidated financial statements for the year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.

2. To declare dividend: An ordinary resolution to declare a final dividend of Re. 1/- and a special dividend of Rs. 2/- per equity share (aggregating Rs. 3/- or 150% on face value of Rs. 2/-) for FY26. The Record Date is set for Friday, July 03, 2026.

3. Re-appointment of Mr. Sanjay Sinha: An ordinary resolution to re-appoint Mr. Sanjay Sinha (DIN: 03627342), who retires by rotation, as a Director.

Special Business

4. Ratification of Cost Auditors' Remuneration: An ordinary resolution to ratify the remuneration of Rs. 3,00,000/- plus taxes and expenses payable to M/s. Balwinder & Associates (Firm Registration No. 000201) for conducting the cost audit for FY 2026-27.

5. Revision in remuneration of Mr. Sanjeev Jain: A special resolution to approve a revision in the remuneration of Mr. Sanjeev Jain (DIN: 00323433), Managing Director and Promoter, effective April 01, 2026, for the remainder of his tenure ending June 29, 2028. The maximum remuneration (fixed + variable) is set at Rs. 12 Crores per annum.

6. Revision in remuneration of Mr. Sandeep Jain: A special resolution to approve a revision in the remuneration of Mr. Sandeep Jain (DIN: 00323476), Managing Director and Promoter, effective April 01, 2026, for the remainder of his tenure ending June 29, 2028. The maximum remuneration (fixed + variable) is set at Rs. 12 Crores per annum.

Voting Process and Methods

The voting will be conducted through a combination of remote e-voting and e-voting during the AGM. The facility is provided by National Securities Depository Limited (NSDL).

  • Remote e-voting period: Commences on Monday, July 06, 2026, at 9:00 A.M. (IST) and ends on Thursday, July 09, 2026, at 5:00 P.M. (IST).
  • E-voting during AGM: Available for members participating through VC/OAVM who have not voted remotely.
  • Cut-off date: Friday, July 03, 2026. Members registered in the Register of Members or as Beneficial Owners as of this date are entitled to vote.
  • Scrutinizer: Mr. Suresh Pandey (Membership No.: F7776, Certificate of Practice No.: 8529), Partner of M/s. SPG & Associates, Company Secretaries, has been appointed to scrutinize the voting process.

Key Voting Outcomes and Scrutinizer's Role

The Scrutinizer will unblock the votes after the AGM in the presence of two witnesses, prepare a consolidated report within two working days, and submit it to the Chairman/Managing Director. The results, along with the Scrutinizer's report, will be placed on the company's website (www.akums.in) and NSDL's website (www.evoting.nsdl.com) and intimated to the stock exchanges.

Compliance with Laws and Regulations

The notice confirms compliance with the Companies Act, 2013, SEBI (LODR) Regulations, 2015, and various circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI regarding the conduct of AGMs through VC/OAVM and e-voting. Specific circulars referenced include MCA General Circular No. 03/2025 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133.

Dividend Information

  • The dividend, if approved, will be paid electronically within 30 days of the AGM to members on the Record Date.
  • Detailed tax deduction at source (TDS) guidelines are provided for resident and non-resident members, including rates and required documents. The deadline for submitting documents for lower TDS is Friday, June 26, 2026.
  • Unclaimed dividends will be transferred to an Unpaid Dividend Account after 30 days and subsequently to the Investor Education and Protection Fund (IEPF) after seven years.

Other Relevant Information

  • The notice and integrated annual report are being sent electronically and are also available on the company's website (www.akums.in), stock exchange websites (BSE and NSE), and NSDL's website.
  • Members can request hard copies or inspect documents referred to in the notice by emailing cs@akums.net.
  • Detailed procedures for attending the AGM via VC/OAVM, registering as a speaker, and using the e-voting facility are comprehensively outlined.
  • The facility for participation through VC/OAVM is available for the first 1000 members on a first-come, first-served basis, excluding large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors.