AGM Details

The 74th Annual General Meeting of Fermenta Biotech Limited was held on Tuesday, August 11, 2026, commencing at 3:00 p.m. IST. The meeting was conducted through Video Conferencing or Other Audio-Visual Means without physical presence of members. The deemed venue was A-1501, Thane One, DIL Complex, Ghodbunder Road, Majiwade, Thane (West) - 400 610, Maharashtra.

Attendance

All Directors were present except Anupama Datla Desai who had sought leave of absence. Key Managerial Personnel were also present. Mr. Pradeep Chandan served as Chairman of the meeting.

Voting Process

Remote e-voting was open from Saturday, August 08, 2026 (9:00 a.m. IST) to Monday, August 10, 2026 (5:00 p.m. IST). MUFG Intime India Private Limited provided the voting facility. Mr. V. N. Deodhar of V. N. Deodhar & Co., Practicing Company Secretaries, was appointed as Scrutinizer to scrutinize all votes.

Resolutions Approved

All resolutions proposed in the notice of the 74th AGM were passed with requisite majority. The Scrutinizer submitted the report after the meeting concluded at 5:12 p.m. IST.

Key Resolutions and Financial Impacts

Dividend Declaration

  • Dividend of ₹3.75 (75%) per equity share of ₹5 each for financial year ended March 31, 2026
  • Dividend will be paid on or before August 21, 2026
  • Record date: Wednesday, August 05, 2026

Director Appointments

  • Appointment of Ms. Rajeshwari Datla (DIN 00046864) who retired by rotation and offered herself for re-appointment
  • Continuation of Ms. Rajeshwari Datla as Non-Executive Director in accordance with Regulation 17(1A) of SEBI Listing Regulations

Commission to Non-Executive Directors

  • Approval to pay commission to Non-Executive Directors (including Independent Directors)
  • Aggregate commission up to 1% of net profits for financial year 2025-26
  • Calculation based on Section 197, 198 and/or Schedule V and other applicable provisions of the Companies Act

Material Related Party Transactions

  • Approval of material related party transactions with Fermenta USA LLC (step-down subsidiary)
  • Aggregate value not exceeding ₹100 crores

Meeting Proceedings

The Chairman presented his address to members, followed by a presentation by Mr. Prashant Nagre (Managing Director) and Mr. Sumesh Gandhi (Chief Financial Officer) highlighting the operational and financial performance of the Company. Members had the opportunity to ask questions, which were addressed by management.