Event Details

The 87th Annual General Meeting was held on Thursday, August 6, 2026 at 9:30 A.M. (IST) through Video Conferencing/Other Audio Visual Means. The company appointed CS Ashok Kumar Daga, Practicing Company Secretary, Kolkata, as the Scrutinizer to scrutinize the entire e-voting process.

Voting Process Details

  • E-voting facility provided by National Securities Depository Limited (NSDL)
  • Cut-off date for shareholding: July 30, 2026
  • Remote e-voting period: August 3, 2026 (9:00 A.M.) to August 5, 2026 (5:00 P.M.)
  • Votes unblocked on: August 6, 2026 at 12:02 P.M. in Kolkata
  • Total shareholders on record date: 13,510
  • Total issued shares: 5,707,162
  • Total votes polled: 3,687,639 shares (64.61% of issued shares)

Resolution Outcomes

All seven resolutions from the Notice dated June 19, 2026 were passed with requisite majority:

Item No. 1: Adoption of Financial Statements

  • Ordinary resolution to receive, consider and adopt Audited Financial Statements for FY2025-26
  • Votes in favor: 3,687,630 (100% of votes cast, 64.61% of issued shares)
  • Votes against: 9 (0% of votes cast)

Item No. 2: Dividend Declaration

  • Ordinary resolution to declare dividend of ₹5.00 per equity share of ₹10 each for FY2025-26
  • Votes in favor: 3,687,635 (100% of votes cast, 64.61% of issued shares)
  • Votes against: 4 (0% of votes cast)

Item No. 3: Director Re-appointment

  • Ordinary resolution to re-appoint Mrs. Prabhawati Devi Kothari (DIN: 00051860) who retires by rotation
  • Votes in favor: 3,572,611 (99.99% of votes cast, 62.60% of issued shares)
  • Votes against: 501 (0.01% of votes cast)

Item No. 4: Cost Auditor Remuneration Ratification

  • Ordinary resolution to ratify remuneration of M/s. S. Gupta & Co., Cost & Management Accountants for FY2026-27
  • Remuneration amount: ₹70,000 plus applicable taxes and out-of-pocket expenses
  • Votes in favor: 3,687,407 (100% of votes cast, 64.61% of issued shares)
  • Votes against: 32 (0% of votes cast)

Item No. 5: Executive Chairman Remuneration Revision

  • Special resolution to revise remuneration of Mr. Arun Kumar Kothari (DIN: 00051900), Whole-time Director designated as Executive Chairman for period April 1, 2026 to March 31, 2027
  • Votes in favor: 2,887,018 (80.80% of votes cast, 50.59% of issued shares)
  • Votes against: 18,694 (0.52% of votes cast)
  • Invalid votes: 667,200 shares (18.68% of votes cast) from interested parties (Mrs. Vedika Kothari, Mr. Anand Vardhan Kothari and Kothari Phytochemicals Industries Limited) not considered as per Companies Act, 2013 and SEBI LODR Regulation 23(4)

Item No. 6: Regularization of Additional Director

  • Ordinary resolution to appoint Mr. Amit Mahla (DIN: 11767012) as Director of the Company
  • Mr. Mahla was appointed as Additional Director effective June 19, 2026
  • Votes in favor: 3,687,288 (100% of votes cast, 64.61% of issued shares)
  • Votes against: 151 (0% of votes cast)

Item No. 7: Whole-time Director & CEO Appointment

  • Special resolution to appoint Mr. Amit Mahla (DIN: 11767012) as Whole-time Director & CEO for 5 years from June 19, 2026 to June 18, 2031
  • Fix remuneration for period June 19, 2026 to March 31, 2027
  • Votes in favor: 3,687,288 (100% of votes cast, 64.61% of issued shares)
  • Votes against: 151 (0% of votes cast)

Shareholder Participation Breakdown

  • Promoter and Promoter Group holdings: 3,551,958 shares (62.24% of total)
  • Public Institutions holdings: 122,917 shares (2.15% of total)
  • Public Non-Institutions holdings: 2,032,287 shares (35.61% of total)

Scrutinizer Details

  • Name: Ashok Kumar Daga
  • Firm: Practicing Company Secretary
  • Address: 1 Crooked Lane, 2nd Floor, Room No. 212, Kolkata-700069
  • Membership No.: 2699
  • Date of Board Meeting appointment: May 12, 2026
  • Date of Report issuance: August 7, 2026

Company Contact

  • Lalit Lohia, Company Secretary & Compliance Officer
  • Company Website: www.albertdavidindia.com