Meeting Details

The 31st AGM was held on Monday, August 3, 2026 at 2:30 PM IST through video conferencing. The total number of shareholders on the record date (July 27, 2026) was 956,174. Attendance included 14 shareholders from Promoters and Promoters Group and 274 public shareholders via video conferencing.

Resolutions Approved

All ten resolutions presented at the AGM were approved by shareholders:

1. Adoption of Financial Statements: Receipt, consideration and adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026 together with reports of Board of Directors and Auditors.

2. Dividend Declaration: Declaration of dividend on equity shares for FY2025-26 at the rate of:

  • Rs. 24 per fully paid-up equity share of face value Rs. 5 each
  • Pro-rata dividend at Rs. 6 per partly paid-up equity share of face value Rs. 5 each (paid-up value of Rs. 1.25 per share)

3. Director Re-appointment: Re-appointment of Mr. Gopal Vittal as a director liable to retire by rotation. Mr. Vittal is not related to any other directors.

4. Director Re-appointment: Re-appointment of Mr. Tao Yih Arthur Lang as a director liable to retire by rotation. Mr. Lang is not related to any other directors.

5. Cost Auditor Remuneration: Ratification of remuneration to be paid to Sanjay Gupta & Associates, Cost Accountants as Cost Auditors for FY2026-27.

6. Chairman Re-appointment: Re-appointment of Mr. Sunil Bharti Mittal as Chairman for a further period of five years from October 1, 2026 to September 30, 2031. Mr. Mittal is the brother of Mr. Rajan Bharti Mittal (Non-executive Director) but not related to any other directors.

7. Chairman Remuneration: Approval of remuneration of Mr. Sunil Bharti Mittal as Chairman for the five-year period from October 1, 2026 to September 30, 2031.

8. Independent Director Re-appointment: Re-appointment of Ms. Nisaba Godrej as an Independent Director for a second term of five consecutive years from August 4, 2026 to August 3, 2031. Ms. Godrej is not related to any directors.

9. Related Party Transaction: Approval of Material Related Party Transactions with Indus Towers Limited, a subsidiary company.

10. Related Party Transaction: Approval of Material Related Party Transactions with Dixon Electro Appliances Private Limited, an associate company.

Voting Results Details

The scrutinizer's report provides detailed voting results for each resolution:

Share Capital Structure: As of July 27, 2026, the company's paid-up share capital comprised:

  • 624,050,481 fully paid-up equity shares of face value ₹5 each
  • 649,835 partly paid-up equity shares of face value ₹5 each (paid-up value of ₹1.25 per share)
  • Total votes: 624,066,939

Resolution-wise Voting Summary:

1. Financial Statements Adoption: 99.9936% in favor

2. Dividend Declaration: 99.9999% in favor

3. Gopal Vittal Re-appointment: 97.6671% in favor

4. Tao Yih Arthur Lang Re-appointment: 97.6699% in favor

5. Cost Auditor Remuneration: 99.9999% in favor

6. Sunil Bharti Mittal Chairman Re-appointment: 98.2362% in favor (Special Resolution)

7. Sunil Bharti Mittal Remuneration: 97.5953% in favor

8. Nisaba Godrej Re-appointment: 96.8920% in favor (Special Resolution)

9. Indus Towers Transaction: 99.9977% in favor

10. Dixon Electro Transaction: 99.9977% in favor

Remote E-voting Process

Remote e-voting was conducted through KFin Technologies Limited from July 30, 2026 (9:00 AM IST) to August 2, 2026 (5:00 PM IST). E-voting during the AGM was also conducted for shareholders attending the meeting.

Shareholding Details

The company noted that 181 equity shares are in suspense account with frozen voting rights, 2,232,190 equity shares are held by Bharti Airtel Employees' Welfare Trust (non-voting), and 259,011 equity shares are transferred to IEPF with frozen voting rights.