Event Details
The 69th Annual General Meeting (AGM) of Garware Hi-Tech Films Limited is scheduled to be held on Wednesday, September 23, 2026, at 11:30 A.M. (IST) at the Registered Office of the Company at Naigaon, Post Waluj, Chhatrapati Sambhajinagar (Aurangabad), Maharashtra - 431 133.
Business to be Transacted
Ordinary Business:
1. Adoption of Financial Statements: To consider and adopt:
- The Audited Standalone Financial Statements for the financial year ended March 31, 2026, with reports of Board of Directors and Auditors
- The Audited Consolidated Financial Statements for the financial year ended March 31, 2026, with reports of Auditors
2. Declaration of Final Dividend: To declare a final dividend of ₹12 per equity share of face value ₹10 each (120%) for the financial year ended March 31, 2026. This dividend was recommended by the Board of Directors at their meeting held on Wednesday, May 06, 2026.
3. Re-appointment of Director: To appoint Ms. Sonia Garware (DIN: 00135995) as a director who retires by rotation and offers herself for re-appointment under Section 152(6) of the Companies Act, 2013.
Special Business:
4. Ratification of Cost Auditor Remuneration: To pass an Ordinary Resolution ratifying the remuneration of ₹3,05,000/- (Rupees Three Lakhs Five Thousand Only) plus applicable taxes and reimbursement of out-of-pocket expenses payable to M/s. B. R. Chandak & Co., Cost Accountants (Firm Registration No: 100380) for conducting cost audit for FY 2026-27.
Dividend Details
- Record Date: Wednesday, September 16, 2026
- Dividend Amount: ₹12 per equity share of ₹10 face value
- Payment Mode: Electronic mode only (no physical warrants/cheques)
- Payment Timeline: Within 30 days of declaration at AGM
- TDS Applicability: Subject to Income Tax Act, 2025 provisions with varying rates for resident and non-resident shareholders
Voting Arrangements
- Remote e-Voting Period: Saturday, September 19, 2026 (9:00 A.M. IST) to Tuesday, September 22, 2026 (5:00 P.M. IST)
- Cut-off Date: Wednesday, September 16, 2026
- e-Voting Service Provider: National Securities Depository Limited (NSDL)
- EVEN (Electronic Voting Event Number): 141470
- Scrutinizer: Mr. Mannish L. Ghia (FCS: 6252, CP No. 3531), Partner of M/s. Manish Ghia & Associates
Document Availability
The Notice and Annual Report 2025-26 are available on:
- Company website: www.garwarehitechfilms.com
- BSE website: www.bseindia.com
- NSE website: www.nseindia.com
- NSDL e-voting website: www.evoting.nsdl.com
Shareholder Services
- Registrar & Transfer Agent: MUFG Intime India Private Limited
- Address: C-101, Embassy 247, LBS Marg, Vikhroli (West), Mumbai - 400083
- Contact: Toll-free 1800 1020 878, Email: Investor.helpdesk@in.mpms.mufg.com
Director Re-appointment Details (Ms. Sonia Garware)
- DIN: 00135995
- Date of Birth: July 24, 1971 (Age: 55 years)
- Date of Initial Appointment: January 31, 2007
- Qualifications: M.B.A. from Boston College, USA
- Experience: Wide experience in international sales and marketing
- Remuneration: Eligible for sitting fees (last drawn: ₹1.5 lakhs)
- Board Meeting Attendance: 6 out of 6 meetings during the year
- Shareholding: 2,68,595 equity shares as on March 31, 2026
- Relationship: Daughter of Dr. Shashikant Garware and sister of Ms. Monika Garware
Tax Withholding Information
Detailed TDS provisions are provided for:
- Resident Shareholders: Various rates from 0-20% based on PAN status and documentation
- Non-Resident Shareholders: 20% plus surcharge and cess or tax treaty rate, whichever beneficial
- Document Submission Deadline: Thursday, September 10, 2026
Important Dates
- AGM Date: September 23, 2026
- Record Date: September 16, 2026
- Remote e-Voting: September 19-22, 2026
- Document Submission Deadline: September 10, 2026
- Dividend Payment: Within 30 days of AGM declaration