Dollar Industries Limited held its 33rd Annual General Meeting (AGM) for the financial year 2025-26 on Tuesday, August 4, 2026. The meeting was conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM) in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI.
Meeting Details
The meeting commenced at 11:30 AM IST and concluded at 1:03 PM IST, lasting 1 hour and 33 minutes. Mr. Vinod Kumar Gupta, Chairman & Managing Director of the Company, presided over the meeting. Total attendance included 110 members (including Promoter Directors) and 5 Independent Directors.
Proceedings
The Chairman addressed shareholders with an introductory speech and briefed members on the financial performance of the Company for FY 2025-26, including notable developments. The Notice calling the 33rd AGM was taken as read with members' permission. Members were informed that there were no observations or remarks made by the Statutory Auditors in their Audit Report on the Financial Statements for the year ended March 31, 2026. The Auditors Report was read out by the Company Secretary.
Shareholder queries were addressed by the Chief Financial Officer (CFO) to their satisfaction.
Voting Process
The Company engaged Central Depository Services Limited (CDSL) as the authorized agency to provide remote e-voting facilities and e-voting facilities during the AGM, pursuant to the Companies Act, 2013 and SEBI LODR Regulations. The remote e-voting facility was available from Saturday, August 1, 2026 to Monday, August 3, 2026.
Resolutions Voted Upon
The following businesses set out in the AGM Notice of May 23, 2026 were voted by means of remote e-voting:
ORDINARY BUSINESS:
1. Adoption of Standalone & Consolidated Financial Statements including Audited Balance Sheet as at March 31, 2026, Audited statement of Profit & Loss, Cash Flow Statement, and Notes to Accounts, along with Report of Directors' and Auditors' reports (Ordinary Resolution)
2. Declaration of dividend on Equity Shares for the financial year ended March 31, 2026 (Ordinary Resolution)
3. Appointment of Mr. Bajrang Kumar Gupta (DIN: 01783906) who retired by rotation and offered himself for re-appointment (Ordinary Resolution)
SPECIAL BUSINESS:
4. Re-appointment of Mr. Vinod Kumar Gupta (DIN: 00877949) as Managing Director (Special Resolution)
5. Re-appointment of Mr. Binay Kumar Gupta (DIN: 01982889) as Joint Managing Director (Special Resolution)
6. Re-appointment of Mr. Bajrang Kumar Gupta (DIN: 01783906) as Whole-time Director (Special Resolution)
7. Re-appointment of Mr. Krishan Kumar Gupta (DIN: 01982914) as Whole-time Director (Special Resolution)
8. Ratification of remuneration of the Cost Auditors for the financial year 2026-27 (Ordinary Resolution)
Voting Results Process
The Company Secretary briefed the e-voting process and announced that the scrutinizer would submit Consolidated Voting results after accounting for both remote e-voting and e-voting during the AGM. The results would be placed on the Company's website and forwarded to Stock Exchanges and depositories for display on their websites within prescribed time. The e-voting facility remained open for 15 minutes after the meeting closure to enable members to cast votes.
The Chairman thanked shareholders for attending and participating, and acknowledged employees and stakeholders for their continued support. The meeting concluded with a vote of thanks to the Chair.