Meeting Details
The 48th Annual General Meeting will be held on Friday, September 11, 2026, at 2:00 p.m. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI. The venue is deemed to be the registered office at B/2, Mahalaxmi Chambers, 22 Bhulabhai Desai Road, Mumbai - 400 026.
Proposed Resolutions and Implications
Ordinary Business:
1. To receive, consider, approve and adopt the Audited Standalone Financial Statements for FY2025-26 with reports of Board of Directors and Auditors
2. To receive, consider, approve and adopt the Audited Consolidated Financial Statements for FY2025-26 with report of Auditors
3. To declare dividend of INR 2.50 (Rupees Two & Fifty Paisa Only) per equity share for FY2025-26
Special Business:
4. Re-appointment of Mrs. Blanche Saldanha (DIN: 00007671), aged 86 years, as a Non-Executive Director liable to retire by rotation (Special Resolution)
5. Ratification of remuneration of INR 2.8 million excluding applicable taxes and reimbursement of actual travel and out-of-pocket expenses to M/s. R A & Co. (Firm Registration No. 000242) as Cost Auditors for FY2026-27 (Ordinary Resolution)
Voting Process and Methods
The company provides remote e-voting facility through NSDL e-Voting system. Physical attendance has been dispensed with, and proxy appointments are not available for this virtual meeting.
Remote e-Voting Schedule:
- Cut-off date for e-Voting: Friday, September 4, 2026
- Remote e-Voting period: Tuesday, September 8, 2026 at 9:00 AM to Thursday, September 10, 2026 at 05:00 PM
- Remote e-Voting website: https://www.evoting.nsdl.com
- Results declaration: On or before Tuesday, September 15, 2026
Voting Rights:
Voting rights shall be in proportion to shareholders' share in the paid-up equity share capital as on the cut-off date (September 4, 2026).
Scrutinizer Appointment
The company has appointed Ms. Ashwini Inamdar (FCS 9409) or failing her Ms. Alifya Sapatwala (ACS 24091) of M/s. Mehta & Mehta, Practicing Company Secretaries (ICSI Unique Code: P1996MH007500), as Scrutinizer to scrutinize the e-Voting process. The Scrutinizer will submit a report to the Chairman & Managing Director/Executive Director after completion of scrutiny, and the results will be declared within 2 working days of the AGM conclusion.
Compliance with Laws and Regulations
The notice confirms compliance with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies Act, 2013
- Various circulars issued by Ministry of Corporate Affairs and SEBI
- Income Tax Act, 2025 provisions for TDS on dividend
Dividend Information
- Dividend record date: Monday, August 31, 2026
- Dividend payment: On or after Monday, September 14, 2026, subject to TDS deduction
- Dividend rate: INR 2.50 per equity share
- TDS exemption: No TDS for resident individuals if aggregate dividend does not exceed INR 10,000
Additional Information
- The facility for joining AGM through VC/OAVM will be available for up to 1,000 members on first-come-first-served basis, with exceptions for members holding 2% or more shareholding, promoters, institutional investors, directors, KMPs, etc.
- Members can login 15 minutes prior to the scheduled time
- The notice and integrated annual report are available on company website (https://glenmarkpharma.com/annual-report/) and NSDL website (www.evoting.nsdl.com)
- Dividend will be paid based on beneficial ownership as per details furnished by NSDL and CDSL for shares in electronic form, and based on Register of Members for physical shares