Meeting Details
- Meeting Type: 61st Annual General Meeting
- Date: Wednesday, 2nd September, 2026
- Time: 11:30 a.m. (IST)
- Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM) without physical presence
- Deemed Venue: Registered Office at Thergaon, Chinchwad, Pune-411033
Ordinary Business Items
1. Adoption of Financial Statements
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended 31st March, 2026, including:
- Audited Balance Sheet as at 31st March, 2026
- Statement of Profit and Loss for the year ended 31st March, 2026
- Cash Flow Statement for the year ended 31st March, 2026
- Reports of the Board of Directors and Auditors
2. Director Re-appointment
To appoint a Director in place of Mr. Arunkumar Mahabirprasad Jatia (DIN: 01104256), who retires by rotation and being eligible, offers himself for re-appointment.
3. Dividend Declaration
To declare a dividend on equity shares of the Company for the year 2025-26.
Special Business Items
4. Material Related Party Transaction with Pudumjee Paper Products Limited (PPPL)
Resolution Type: Ordinary Resolution
Transaction Details:
- A1: Sharing of common services (telephone, electricity, computer, HR, reimbursement of expenses)
- Maximum value: Not exceeding ₹50 lakhs per financial year plus applicable taxes
- Continuous arrangement
- FY 2025-26 transactions: ₹288.61 lakhs
- Q4 FY 2025-26 transactions: ₹125.60 lakhs
- Value as % of company turnover: 0.95%
- Value as % of related party turnover: 0.06%
- A2: Inter-corporate deposits, loans, and corporate guarantees
- Maximum exposure: ₹4,000 lakhs outstanding at any time
- Interest rate: 9% to 12% p.a.
- Tenure: 5 years (FY 2026-27 to 2030-31)
- Repayable on demand, unsecured
- Value as % of company turnover: 76.18%
- Value as % of related party turnover: 4.95%
- PPPL financials (FY 2025-26): Turnover ₹80,788 lakhs, PAT ₹9,359 lakhs, Net Worth ₹66,948 lakhs
- Credit rating: CRISIL A/Positive (Long Term), CRISIL A1 (Short Term)
5. Material Related Party Transaction with 3P Land Holdings Limited (3PLHL)
Resolution Type: Ordinary Resolution
Transaction Details:
- B1: Inter-corporate deposits, loans, and corporate guarantees
- Maximum exposure: ₹1,000 lakhs outstanding at any time
- Interest rate: 9% to 12% p.a.
- Tenure: 5 years (FY 2026-27 to 2030-31)
- Repayable on demand, unsecured
- Value as % of company turnover: 19.04%
- Value as % of related party turnover: 214.03%
- 3PLHL financials (FY 2025-26): Turnover ₹467.23 lakhs, PAT ₹217.81 lakhs, Net Worth ₹4,828.88 lakhs
- No credit rating availed
- B2: Sharing of common services
- Maximum value: Not exceeding ₹50 lakhs per financial year plus applicable taxes
- Continuous arrangement
- Value as % of company turnover: 0.95%
- Value as % of related party turnover: 10.7%
6. Material Related Party Transaction with Biodegradable Products India Limited (BPIL)
Resolution Type: Ordinary Resolution
Transaction Details:
- C: Inter-corporate deposits, loans, and corporate guarantees
- Maximum exposure: ₹4,000 lakhs outstanding at any time
- Interest rate: 9% to 12% p.a.
- Tenure: 5 years (FY 2026-27 to 2030-31)
- Repayable on demand, unsecured
- Value as % of company turnover: 76.18%
- Value as % of related party turnover: 260.61%
- BPIL financials (FY 2025-26): Turnover ₹0.26 lakhs, PAT (₹460.26 lakhs), Negative Net Worth
- No credit rating availed
- Company holds 27.11% equity in BPIL
- BPIL holds approximately 25 acres of land near Hinjewadi, Pune
Shareholding and Dividend Information
Register Closure
- Period: Tuesday, 25th August 2026 to Wednesday, 2nd September 2026 (both days inclusive)
- Record Date: 2nd September 2026 for physical shareholders
- Beneficial Owner Cut-off: Monday, 24th August 2026 for demat shareholders
Dividend Payment
- Payment Date: On or from 22nd September 2026
- Subject to: Deduction of tax at source as applicable
- Payment Mode: Electronic credit through ECS/NECS/NEFT/RTGS/Direct Credit
Unclaimed Dividend
- Unclaimed dividend for 2018-19 will be deposited to IEPF on or before 24th September 2026
- 53,534 equity shares (face value ₹2 each) with unclaimed dividend for FY 2017-18 and earlier periods already transferred to IEPF
Voting Arrangements
Remote E-voting
- Period: Sunday, 30th August 2026 (9:00 a.m. IST) to Tuesday, 1st September 2026 (5:00 p.m. IST)
- Cut-off Date: Monday, 24th August 2026
- Service Provider: National Securities Depository Limited (NSDL)
- Voting Rights: Proportional to shares held as on cut-off date
E-voting at AGM
- Only for members who have not voted through remote e-voting
- Members who voted remotely can attend but cannot vote again
Scrutinizer
- Mrs. Savita Jyoti, Practicing Company Secretary appointed as scrutinizer
- Scrutinizer's report to be submitted within 3 days of meeting conclusion
- Results to be placed on company website and NSDL website
Virtual Meeting Logistics
Participation
- Members can join 15 minutes before scheduled commencement time
- Facility available for 1,000 members on first-come-first-served basis
- Restriction not applicable to large shareholders (2%+), promoters, institutional investors, directors, KMP, committee chairmen, auditors
Speaker Registration
- Members wishing to speak must register by email to secretarial@pudumjee.com
- Registration period: 18th August 2026 (9:00 a.m.) to 20th August 2026 (5:00 p.m.)
- Company reserves right to restrict number of speakers based on time availability
SEBI Master Circular Requirements
- Physical shareholders must provide:
- Valid PAN linked with Aadhaar
- Choice of nomination (Form SH-13) or opt-out declaration (Form ISR-3)
- KYC details including contact details, bank account details, specimen signature
- Service requests will only be processed after furnishing mandatory information
Dematerialization Mandate
- Securities can only be transferred in dematerialized form except for transmission/transposition
- Physical shareholders encouraged to convert to demat form
- For specified service requests (duplicate certificates, transmission, etc.), securities will be issued only in dematerialized form
Investor Services
Registrar and Transfer Agent
- KFin Technologies Limited
- Senior Citizens investor cell available with toll-free number: 1800 3094 006
- Unified platform 'KPRISM' available for shareholder self-service
Tax Compliance
- TDS on dividend as per Income Tax Act, 2025
- Higher TDS rate of 20% for residents without PAN or with inoperative PAN
- No TDS if dividend does not exceed ₹10,000 for resident individual shareholders
- Non-residents can avail treaty benefits with appropriate documentation
- Tax exemption forms must be submitted by 20th August 2026
Financial Impact Assessment
Related Party Transactions Impact
- Aggregate exposure across all RPTs: ₹9,000 lakhs (₹90 crores)
- Debt to Equity Ratio after transaction: 0.47
- Debt Service Coverage Ratio after transaction: 0.25
- Computed assuming full utilization of enabling borrowing limit
Previous Year Transactions (FY 2025-26)
- With Pudumjee Paper Products: ₹288.61 lakhs
- Dividend received from PPPL: ₹38.06 lakhs
- Dividend paid to PPPL: ₹3.19 lakhs
- No previous transactions with 3P Land Holdings or Biodegradable Products India
Governance Information
Board Approval
- Audit Committee and Board approved all RPTs in meeting held on 20th May 2026
- Certificate furnished by Whole Time Director & CFO and Director as per SEBI RPT Industry Standards
Related Party Abstention
- All related parties will abstain from voting on RPT resolutions
- No director/KMP except those mentioned has interest in the transactions
Document Availability
- Notice and Annual Report available on company website: www.amjland.com
- Also available on BSE, NSE, and NSDL websites
- Physical copies available on request to secretarial@pudumjee.com