Meeting Details
The 80th Annual General Meeting of ASI Industries Limited will be held on Tuesday, 22nd September, 2026 at 11:30 a.m. IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The venue is deemed to be the Registered Office of the Company at Mumbai.
Ordinary Business Items
1. Adoption of Financial Statements
To receive, consider and adopt the audited financial statements of the Company for the financial year ended 31st March, 2026 together with the reports of the Board of Directors and Auditors thereon.
2. Dividend Declaration
To declare a dividend of ₹0.40 (40%) per equity share of ₹1/- each fully paid up for the financial year ended 31st March, 2026. The dividend will be paid out of the profit of the Company for the financial year ended 31st March, 2026.
3. Director Reappointment
To appoint Mr. Tushya Jatia (DIN: 02228722) who retires by rotation and is eligible for reappointment. Mr. Jatia was first appointed on 25th July, 2011 and holds 3,853,679 shares in the Company. He drew remuneration of ₹266.08 lakhs during financial year 2025-26.
Special Business Item
4. Ratification of Cost Auditor Remuneration
To ratify the remuneration of M/s. N.D. Birla & Co., Cost Accountants (Firm Registration No. 000028) appointed as Cost Auditors for the financial year ending 31st March, 2027. The Board approved remuneration of ₹40,000/- (Rupees Forty Thousand Only) excluding applicable taxes and reimbursement of out-of-pocket expenses at its meeting held on 18th May 2026.
Key Dates and Administrative Details
Record Date for Dividend: 16th September, 2026
Cut-off Date for Voting: 16th September, 2026
Register of Members Closure: 17th September, 2026 to 22nd September, 2026 (both days inclusive)
Remote E-voting Period: 19th September, 2026 (9:00 a.m.) to 21st September, 2026 (5:00 p.m.)
Voting Arrangements
The Company has appointed Central Depository Services (India) Limited (CDSL) as the authorized e-Voting agency. Detailed instructions are provided for:
- Individual shareholders holding securities in demat mode with CDSL/NSDL
- Physical shareholders and shareholders other than individuals
- Non-Individual shareholders and custodians
Shareholders can also vote during the AGM through the e-voting system, but those who have already voted through remote e-voting will not be eligible to vote again.
Shareholder Participation
Members can join the AGM through VC/OAVM 15 minutes before and after the scheduled time. The facility will be available to at least 1000 members on first-come-first-served basis, excluding large shareholders (holding 2% or more), promoters, institutional investors, directors, KMPs, and committee chairpersons who can attend without restriction.
Shareholders who wish to speak during the meeting must register at least 7 days prior by sending their details to cs@asigroup.co.in.
Additional Information
The notice and annual report are being sent electronically to members with registered email addresses. Physical copies are not being sent as part of the Green Initiative.
Unclaimed dividends up to FY 2017-18 have been transferred to the Investor Education and Protection Fund (IEPF). Unclaimed dividend for FY 2018-19 will fall due for transfer to IEPF on or before 19th October, 2026.
The Company has appointed Mr. Prabhat Maheshwari or failing him Mr. Nirmal Gupta of GMJ and Associates as Scrutinizer to scrutinize the voting process.