Meeting Details
- Date: Tuesday, 1st September, 2026
- Time: 11.00 a.m. IST
- Type: Annual General Meeting
- Mode: Video Conferencing/Other Audio-Visual Means (e-AGM)
- Deemed Venue: Registered Office at Sai Hira, Survey No. 93, Mundhwa, Pune - 411 036
Proposed Resolutions and Implications
Ordinary Business
1. Adoption of Financial Statements: To consider and adopt audited standalone and consolidated financial statements for FY ended 31st March, 2026 along with reports of Board of Directors and Auditors.
2. Dividend Declaration: To declare dividend at the rate of ₹10 per equity share (face value ₹10) for FY 2025-26, payable from profits of the Company.
3. Director Re-appointment: To appoint Mr. Madhumilan Parshuram Shinde (DIN: 06533004) who retires by rotation.
4. Auditor Re-appointment: To re-appoint M/s. P G BHAGWAT LLP, Chartered Accountants (Firm Registration Number: 101118W/W100682) as Statutory Auditors for a second term of 5 years until the conclusion of the 51st AGM in 2031. Proposed remuneration for FY 2026-27 is ₹46 lakhs (excluding taxes and expenses).
Special Business
5. Cost Auditor Remuneration Ratification: To ratify remuneration of ₹2,50,000 plus taxes for M/s. Harshad S. Deshpande & Associates, Cost Accountants (Registration No. 00378) for cost audit of applicable products for FY ending 31st March, 2027.
6. Director Appointment: To appoint Mr. Yeshil Sailesh Mehta (DIN: 07866312) as Non-Executive Non-Independent Director. He holds 115,000 equity shares (0.09% of total equity) and is related to Mr. Sailesh C. Mehta (Chairman & MD) and Mrs. Parul S. Mehta (Non-Executive Director) as their son.
Voting Process and Methods
- Remote e-voting period: 9.00 a.m. on Saturday, 29th August, 2026 to 5:00 p.m. on Monday, 31st August, 2026
- Cut-off date: Tuesday, 25th August, 2026
- Voting methods: Through depositories (NSDL/CDSL), depository participants, or directly through KFin Technologies Limited website
- Meeting voting: Facility available at e-AGM for members who haven't voted remotely
- Scrutinizer: Mr. Ashish Garg (FCS 5181, CP No. 4423) of GDR & Partners LLP appointed to scrutinize the voting process
Shareholder Participation Details
- Register of Members closure: Wednesday, 26th August, 2026 to Tuesday, 1st September, 2026 (both days inclusive)
- Dividend eligibility: Determined based on shareholding as of Tuesday, 25th August, 2026
- Virtual attendance: Facility opens 15 minutes before meeting (10.45 a.m.) and available for 1,000 members on first-come basis, with no restriction for shareholders holding 2% or more, promoters, institutional investors, directors, etc.
- Query submission: Members can submit questions from 29th August, 2026 (9.00 a.m.) to 31st August, 2026 (5.00 p.m.) via https://emeetings.kfintech.com/
Compliance with Laws and Regulations
The notice confirms compliance with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies Act, 2013 and relevant Rules
- MCA Circulars (latest dated 22nd September, 2025)
- SEBI Circulars including Master Circular dated 30th January, 2026
- Secretarial Standard on General Meetings (SS-2) issued by ICSI
TDS Provisions for Dividend
Detailed tax deduction guidelines provided:
- Resident shareholders: 10% TDS if PAN provided and linked with Aadhar; 20% if PAN not provided/inoperative
- Non-resident shareholders: 20% base rate or lower DTAA rate with proper documentation
- Form 121: Available for resident individuals to declare nil tax liability
- Document submission deadline: 17th August, 2026
- TDS certificates: Will be issued in Form 131 post dividend payment
Signatories and Roles
- Issued by: Rabindra Kumar Purohit, VP – Legal, Compliance & Company Secretary (M. No. F4680)
- Scrutinizer: Mr. Ashish Garg (FCS 5181, CP No. 4423) of GDR & Partners LLP
- Registrar & Transfer Agent: KFin Technologies Limited
Additional Information
- The Annual Report 2025-26 is available on company website (https://www.dfpcl.com/financial-reports) and stock exchange websites
- Physical copies available on request to investorgrievance@dfpcl.com
- All transfer of securities must be in dematerialized form except transmission/transposition
- Unclaimed dividends for seven years will be transferred to Investor Education and Protection Fund
- Members must update PAN, KYC details, and nomination information for dividend processing