Event Details

The 58th Annual General Meeting (AGM) of Alkali Metals Limited is scheduled to be held on Friday, 21st August 2026 at 11:00 A.M. IST through video conference/other audio-visual means hosted from the Registered Office at Plot B-5, Block III, IDA, Uppal, Hyderabad - 500 039, India.

Ordinary Business Agenda

1. Adoption of Financial Statements: To receive, consider and adopt the Audited Financial Statements as on 31st March 2026 together with reports of Board of Directors and Auditors.

2. Dividend Declaration: To declare dividend for the financial year 2025-26. The Board has recommended a dividend of ₹1 (10%) per equity share of ₹10 each.

3. Director Election: To elect a director in place of Ms. Y. Lalithya Poorna (DIN: 00345471) who retires by rotation and offers herself for re-appointment.

4. Director Election: To elect a director in place of Dr. J.S. Yadav (DIN: 02014136) who retires by rotation and offers himself for re-appointment.

Special Business Agenda

5. Re-appointment of Managing Director: Special resolution to re-appoint Sri Y.S.R. Venkata Rao (DIN: 00345524) as Managing Director for 3 years effective 1st May 2027 with the following remuneration package:

  • Basic Pay: ₹9,07,500 per month
  • HRA: ₹3,02,500 per month
  • Commission: 5% on profits (calculated as per Section 198 of Companies Act, 2013)
  • Medical benefit: Medi-claim policy for ₹5,00,000
  • Insurance: Accidental Insurance for ₹25,00,000
  • Leave Travel: One month's basic pay per year (accumulable up to 2 years)
  • Vehicle: Company car with driver for official use
  • Telephone & Email: Free cell and email service for official use
  • Gratuity: Half month's basic pay for each completed year of service
  • Annual increment: 10% p.a. on remuneration

6. Appointment of Executive Director: Special resolution to appoint Mr. Y.V. Prashanth (DIN: 00345418) as Executive Director for 3 years effective 1st June 2026 with identical remuneration structure as the Managing Director.

7. Appointment of Independent Director: Ordinary resolution to appoint Sri Sivarama Prasad Bhamidi (DIN: 07620679) as Non-Executive Independent Director for 5 years effective 20th July 2026 until 19th July 2031.

Dividend Details

  • Record Date: Friday, 14th August 2026
  • Dividend Amount: ₹1 (10%) per equity share of ₹10 each
  • Payment: Within 30 days of shareholder approval via electronic modes (NEFT/ECS etc.)
  • TDS: Applicable as per Income Tax Act, 2025 with exemption for resident individuals receiving dividend below ₹5,000 annually
  • Deadline for Form 15G/15H submission: Monday, 17th August 2026

Voting Arrangements

  • Remote e-voting period: Tuesday, 18th August 2026 (9:00 AM) to Thursday, 20th August 2026 (5:00 PM)
  • Cut-off date: Friday, 14th August 2026
  • E-voting agency: Central Depository Services (India) Limited (CDSL)
  • Physical attendance: Not permitted due to VC/OAVM format
  • Quorum: Attendance through video conference will be counted for quorum purposes

Shareholder Services

  • Register of members transfer books closed: 14th August 2026 to 21st August 2026 (both days inclusive)
  • Shareholders can request physical copy of Annual Report free of cost
  • Shareholders must update PAN, bank details, and nomination information with depository participants or RTA
  • RTA: Cameo Corporate Services Limited, Chennai

Director Particulars

Y.S.R. Venkata Rao:

  • 75 years old, BE (Mechanical)
  • Associated with company since 1977
  • Current remuneration: ₹131 lakhs per annum (as of 31st March 2026)
  • Holds 67.81% stake in company
  • Second generation promoter

Y.V. Prashanth:

  • Bachelor's Degree in Pharmacy, Master's in Pharmacy from USA
  • Previous remuneration: ₹59.4 lakhs per annum (as of 10th November 2025)
  • Third generation promoter, son of Y.S.R. Venkata Rao

Sivarama Prasad Bhamidi:

  • B.Tech (Chemical Engineering), Associate Member of Institute of Cost Accountants of India, Post Graduate in Business Administration (Marketing), Limited Insolvency Examination (IBBI)
  • 37 years experience in finance, marketing, production/operations management, business development, cost management, and insolvency resolution
  • No relationships with directors or key managerial personnel
  • Not serving on boards of any other listed companies

Financial Impact Disclosure

The notice does not quantify the specific financial impact of the director appointments beyond the disclosed remuneration packages. The dividend payout amount is not quantified in absolute terms in the notice.