Annual General Meeting Details

The 37th Annual General Meeting of Dynamic Industries Limited will be held on Monday, 21st September, 2026 at 1:00 P.M. through Video Conferencing/Other Audio-Visual Means in accordance with circulars issued by the Ministry of Corporate Affairs and SEBI.

Business to be Transacted

Ordinary Business:

1. To receive, consider and adopt the Standalone Audited Financial Statements for the year ended 31st March, 2026, including Statement of Profit and Loss, Cash Flow Statement, Balance Sheet, and Reports of Board of Directors and Auditors.

2. To declare a dividend of ₹1 (10%) per Equity Share of nominal value ₹10.00 each for the year ended 31st March, 2026.

3. To reappoint Mr. Apurva Kamleshbhai Modi (DIN: 07046796) as Director who retires by rotation under Section 152(6) of the Companies Act, 2013.

Special Business:

4. Approval of Related Party Transactions with Prima Chemicals for purchase/sale of goods, services and other business activities up to ₹150 crore during FY 2027-28 and up to ₹150 crore during FY 2028-29, aggregating up to ₹300 crore during the approval period.

Dividend Information

The Board of Directors has recommended a dividend of ₹1/- (10%) per fully paid-up equity share of ₹10/- each for Financial Year 2025-26. The Record Date for determining eligibility for dividend is 14th September, 2026.

Director Reappointment Details

Mr. Apurva Kamleshbhai Modi (DIN: 07046796), Whole-Time Director, is proposed for reappointment. Key details:

  • Date of Birth: 19/08/1984
  • Qualifications: Master of Science in Organic Chemistry (US)
  • First appointed on Board: 17/07/2021
  • Reappointed as Whole-Time Director: 10/09/2024
  • Experience: Over a decade in dyes manufacturing and marketing
  • Shareholding: 7,85,624 equity shares as on notice date
  • Board Meetings attended during FY 2025-26: 7 out of 7

Related Party Transaction Details

Basic Information:

  • Related Party: Prima Chemicals
  • Country of Incorporation: India
  • Nature of Business: Chemicals Manufacturing
  • Relationship: Mr. Apurva Kamleshbhai Modi (Whole-Time Director) and Mr. Kamlesh Modi (his father) are partners in Prima Chemicals Partnership Firm

Financial Performance of Related Party:

| Financial Year | Turnover (₹ Cr) | Net Worth (₹ Cr) | Net Profit (₹ Cr) |

| 2025-26 | 277.94 | 102.17 | 34.00 |

| 2024-25 | 271.41 | 89.14 | 32.68 |

| 2023-24 | 219.86 | 72.49 | 14.07 |

Historical Transactions:

| Financial Year | Sale of Goods (₹ Cr) | Purchase of Goods (₹ Cr) |

| 2025-26 | 42.88 | 29.73 |

| 2024-25 | 34.22 | 24.10 |

| 2023-24 | 5.72 | 3.73 |

Proposed Transaction Details:

  • Total Value: ₹150 crore in each financial year during FY 2027-28 & FY 2028-29 (aggregate ₹300 crore)
  • Value as % of Company's turnover: 206.46%
  • Value as % of Related Party's turnover: 53.96% approximately
  • Basis of Pricing: Arm's length basis, commensurate with market value
  • Audit Committee Approval: Obtained on 27th May 2026

Record Date and Share Transfer

The Register of Members and Share Transfer Book will remain closed from 15th September, 2026 to 21st September, 2026 (both days inclusive).

Voting Information

Remote e-voting period begins on Friday, 18th September, 2026 at 9:00 A.M and ends on Sunday, 20th September, 2026 at 5:00 P.M. Mr. Chintan Patel, Practicing Company Secretaries, Ahmedabad has been appointed as Scrutinizer.

Additional Information

  • Unpaid/unclaimed dividends up to financial year 2017-18 have been transferred to Investor Education and Protection Fund Authority
  • Tax will be deducted at source from dividend payments as per Income Tax Act, 2025
  • Members must ensure PAN is registered and linked with Aadhaar to avoid higher TDS deduction of 20%
  • The notice and annual report are available on company website: www.dynaind.com