AGM Details

The 38th Annual General Meeting of Damodar Industries Limited will be held on Saturday, August 8, 2026 at 11:30 AM through Video Conference/Other Audio Visual Means. The deemed venue is the registered office at 19/22 & 27/30, Madhu Estate, Pandurang Budhkar Marg, Worli, Mumbai - 400 013.

Business to be Transacted

Ordinary Business

1. To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2026 together with Reports of Board of Directors and Auditors

2. To appoint a Director in place of Mr. Aditya Biyani (DIN: 10304061) who retires by rotation and offers himself for re-election

Special Business

3. To fix remuneration payable to Cost Auditors for FY 2026-27 at ₹50,000 (plus out-of-pocket expenses) to Mr. Dilip M. Bathija, Cost Accountants

Financial Performance Highlights (FY 2025-26)

Key Financial Figures (₹ in Crores)

  • Turnover: 430.03 (Previous year: 421.44)
  • Total Income: 439.55 (Previous year: 446.65)
  • Total Expenses: 433.11 (Previous year: 443.25)
  • PBDIT: 41.42 (Previous year: 44.16)
  • Interest: 17.81 (Previous year: 20.81)
  • PBT: 6.44 (Previous year: 3.40)
  • PAT: 5.37 (Previous year: 5.40)
  • EPS: ₹2.31 (Previous year: ₹2.32)
  • Equity Share Capital: ₹11.65 crores (unchanged)

Dividend Declaration

No dividend recommended for FY 2025-26 (Previous year: 0%)

Capital Structure

  • Authorized Capital: 30,000,000 equity shares of ₹5 each (₹15 crores)
  • Issued, Subscribed and Paid-up Capital: 23,300,000 equity shares of ₹5 each (₹11.65 crores)
  • 98.97% of shares held in dematerialized form as of March 31, 2026

Board of Directors

  • Mr. Arunkumar Biyani - Chairman (DIN: 00016519)
  • Mr. Aman Biyani - Managing Director (DIN: 09131437)
  • Mr. Aditya Biyani - Executive Director (DIN: 10304061)
  • Mr. Ketan K. Patel - Independent Director (DIN: 08607454)
  • Mrs. Mamta A. Biyani - Independent Director (DIN: 01850136)
  • Mr. Pankaj Srivastava - Independent Director (DIN: 06716582) - resigned w.e.f. January 13, 2026
  • Mr. Suresh Narayan Nayak - Independent Director (DIN: 11588687) - appointed w.e.f. March 17, 2026

Key Managerial Personnel

  • Mr. Sheetal Prashad Singhal - Chief Financial Officer
  • Mr. Subrat Shukla - Company Secretary & Compliance Officer (appointed w.e.f. March 17, 2026)

Registrars & Share Transfer Agents

MUFG Intime India Private Limited, C-101, Embassy 247, L.B.S. Marg, Vikhroli (W), Mumbai - 400083

Voting Arrangements

Remote E-voting Period

Commences: Wednesday, August 5, 2026 (9:00 AM IST)

Ends: Friday, August 7, 2026 (5:00 PM IST)

Cut-off Date

Wednesday, August 1, 2026 (Record date for voting eligibility)

Electronic Voting Platform

MUFG Intime India Private Limited providing InstaVote facility

Important Dates

  • Book Closure: Tuesday, August 4, 2026 to Saturday, August 8, 2026 (both days inclusive)
  • Last date for dividend claims: September 15, 2025 (for FY 2018-19 dividends)
  • AGM Date: August 8, 2026

Credit Ratings (CRISIL)

  • Long Term Bank Loan facility: 'CRISIL BBB-/Stable'
  • Short Term Bank Loan: 'CRISIL A3'
  • Fixed Deposit: 'FB-/Stable'

Audit Committees

  • Statutory Auditors: M/s. Devpura Navlakha & Co., Chartered Accountants (FRN: 121975W)
  • Cost Auditors: M/s. Dilip M. Bathija, Cost Accountants (Mem. No. 10904)
  • Internal Auditors: M/s. Krishna Gandhi & Co, Chartered Accountants
  • Secretarial Auditors: M/s. Pramod Jain and Co., Company Secretaries

Corporate Social Responsibility (CSR)

  • CSR obligation for FY 2025-26: ₹8,25,497 (2% of average net profit)
  • CSR amount spent: ₹8,25,497 contributed to Damodar Foundation for animal welfare
  • No unspent CSR amount requiring transfer to fund

Other Material Information

Fixed Deposits

  • Accepted and renewed during year: ₹14.81 crores
  • No unpaid or unclaimed deposits as at year-end
  • No defaults in repayment of deposits or interest payment

Pledged Shares

52,10,000 equity shares held by promoters pledged with State Bank of India

Unclaimed Dividend

Dividend remaining unclaimed for seven years transferred to Investor Education and Protection Fund (IEPF)

Green Initiative

Company sending AGM notice and annual report only through electronic mode to members with registered email addresses

Financial Impact

No specific quantified financial impact disclosed for the AGM proceedings. The cost auditor remuneration of ₹50,000 is subject to shareholder approval.