Event Details
The 30th Annual General Meeting of Autoline Industries Limited is scheduled to be held on Saturday, September 26, 2026 at 03:00 P.M. (IST) through Video Conferencing/Other Audio-Visual Means in accordance with MCA and SEBI circulars.
Key Dates
- Cut-off date for remote e-voting: Friday, September 18, 2026
- Remote e-voting period: Wednesday, September 23, 2026 (9:00 A.M. IST) to Friday, September 25, 2026 (5:00 P.M. IST)
- BENPOS date for Annual Report distribution: Friday, August 28, 2026
Agenda Items
Ordinary Business
1. To receive, consider and adopt the Audited Financial Statements of the Company on standalone and consolidated basis for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon.
2. To appoint a Director in place of Ms. Aishwarya Shivaji Akhade (DIN: 07995385), who retires by rotation and being eligible has offered herself for re-appointment.
Special Business
3. Approval for payment of commission to the Non-Executive Directors of the Company for the financial year 2025-26:
- Mr. Kishor Piraji Kharat, Chairman & Independent Director: ₹6,15,000
- Mr. Vinayak Janardhan Jadhav, Independent Director: ₹6,15,000
- Mrs. Rajashri Sai, Independent Director: ₹6,15,000
- Mr. Siddarth Razdan, Non-Executive Nominee Director: ₹6,15,000
4. Reappointment of Mr. Shivaji Tukaram Akhade (DIN: 00006755) as Managing Director for five years from October 1, 2026 to September 30, 2031 with remuneration of ₹85,00,000 CTC per annum.
Breakdown of remuneration:
- Basic: ₹42,50,000 annually
- HRA: ₹17,00,004 annually
- Attendance Allowance: ₹5,10,000 annually
- Washing Allowance: ₹4,25,004 annually
- Incentives: ₹12,60,967 annually
- Bonus: ₹3,54,025 annually
5. Reappointment of Mr. Sudhir Vitthal Mungase (DIN: 00006754) as Whole-time Director for five years from October 1, 2026 to September 30, 2031 with remuneration of ₹61,48,488 CTC per annum.
Breakdown of remuneration:
- Basic: ₹30,74,244 annually
- HRA: ₹12,29,700 annually
- Attendance Allowance: ₹3,68,904 annually
- Washing Allowance: ₹3,07,428 annually
- Conveyance Allowance: ₹7,63,641 annually
- Bonus: ₹2,56,085 annually
- Gratuity: ₹1,48,486 annually
Financial Information
As per audited standalone accounts as on March 31, 2026:
- Revenue from Operations: ₹82,229 lakhs
- PAT: ₹3,866 lakhs
Shareholding Pattern (as on March 31, 2026)
- Foreign Nationals: 10,763 equity shares (0.02%)
- Foreign Companies: 33,83,894 equity shares (7.46%)
- Non-Resident Indians: 28,75,890 equity shares (6.34%)
- Mr. Shivaji Tukaram Akhade: 69,49,981 equity shares (15.32%)
- Mr. Sudhir Vitthal Mungase: 54,23,431 equity shares (11.95%)
Voting Arrangements
The company has appointed Mr. Sujit Manazhy, Practicing Company Secretary, as Scrutinizer for remote e-voting and e-voting during the AGM. NSDL is providing the e-voting platform.
Document Availability
The notice and annual report are available on the company's website (www.autolineind.com), BSE website (www.bseindia.com), NSE website (www.nseindia.com), and NSDL website (www.evoting.nsdl.com).
#Tags: #AutolineIndustries #AGM2026 #DirectorReappointment #SEBIDisclosure #CorporateGovernance #Neutral