Meeting Details

  • Meeting Date: Tuesday, September 15, 2026
  • Meeting Time: 12:00 Noon
  • Meeting Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM) from the Registered Office at F-0, Ground Floor, The Mira Corporate Suites, Ishwar Nagar, Mathura Road, New Delhi-110065
  • Meeting Type: 33rd Annual General Meeting

Summary of Proposed Resolutions

Ordinary Business

1. Adoption of Financial Statements: To receive, consider, and adopt the Audited Consolidated and Standalone Financial Statements for the year ended March 31, 2026, including the Balance Sheet, Statement of Profit & Loss, and Reports of the Auditors and Board.

2. Declaration of Dividend: To declare a dividend of ₹6.53 per equity share (65.30%) on shares of ₹10 each for the financial year ended March 31, 2026.

3. Appointment of Director: To appoint a director in place of Shri Amitabh Singh, who retires by rotation and offers himself for re-appointment.

Special Business

4. Reappointment and Remuneration of Managing Director: Special Resolution to reappoint Shri Ajay Kumar Swarup (DIN: 00035194) as Managing Director for 5 years effective December 1, 2026, and approve his remuneration effective April 1, 2026. His proposed monthly remuneration includes Basic Salary (₹22,68,000), HRA (₹11,34,000), Other Allowances/Reimbursements (₹22,68,000), and a Performance Incentive of up to ₹3.60 crores per annum.

5. Remuneration of Joint Managing Director & CEO: Special Resolution to approve the remuneration of Shri Shekhar Swarup as Joint Managing Director & CEO effective April 1, 2026. His proposed monthly remuneration includes Basic Salary (₹19,44,000), HRA (₹9,72,000), Other Allowances/Reimbursements (₹19,18,800), and a Performance Incentive of up to ₹3.60 crores per annum.

6. Remuneration of Executive Director: Special Resolution to approve the remuneration of Shri Amitabh Singh as Executive Director effective April 1, 2026. His proposed monthly remuneration includes Basic Salary (₹4,33,385), HRA (₹2,16,693), Special Allowance (₹1,54,300), PF/NPS (₹1,12,681), and Other Allowances (₹1,72,941).

7. Remuneration of Executive Director: Special Resolution to approve the remuneration of Shri Rajesh Kumar Malik as Executive Director effective April 1, 2026. His proposed monthly remuneration includes Basic Salary (₹3,68,253), HRA (₹1,47,301), Special Allowance (₹4,05,079), and Other Allowances (₹2,12,902).

8. Employee Stock Option Plan 2025-A: Special Resolution to approve the creation, offer, and grant of up to 290,679 employee stock options under the ESOP 2025-A Scheme.

9. Ratification of Cost Auditor Remuneration: Ordinary Resolution to ratify the payment of remuneration amounting to ₹80,000 plus service tax and out-of-pocket expenses to M/s JSN & Co. (FRN 00455) as Cost Auditors for the financial year ending March 31, 2027.

Voting Process and Methods

The voting will be conducted through:

  • Remote e-Voting: Provided by MUFG Intime India Private Limited. The voting period begins on September 12, 2026, at 9:00 AM and ends on September 14, 2026, at 5:00 PM.
  • E-Voting during Meeting: Shareholders who have not voted remotely can vote during the meeting via the InstaMeet platform.
  • Methods for Remote e-Voting: Individual shareholders with demat accounts can vote through NSDL or CDSL platforms. Shareholders with physical shares or non-individual shareholders must register and vote on the InstaVote platform.

Key Voting Outcomes and Scrutinizer

  • Scrutinizer: Mr. Sundeep Kumar Parashar, FCS, Company Secretary in Practice, has been appointed to scrutinize the e-voting process.
  • Vote Counting: The Scrutinizer will unblock the votes in the presence of at least two witnesses and prepare a report.
  • Results Disclosure: The results along with the Scrutinizer's report will be placed on the company's website (www.globusspirits.com) and the website of Link Intime within two days of the AGM and communicated to BSE Limited and the National Stock Exchange of India Limited.

Compliance with Laws and Regulations

The notice confirms compliance with:

  • The Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Ministry of Corporate Affairs Circulars dated September 22, 2025, and September 19, 2024
  • SEBI Circular No. SEBI/HO/CFD/PoD-2/P/CIR/2024/133 dated October 3, 2024
  • SEBI Circular No. CIR/MRD/DP/10/2013 dated March 21, 2013 (regarding electronic dividend payments)

Additional Financial Information

  • Record Date: September 8, 2026, for determining shareholders eligible to vote and receive dividends.
  • Financial Performance (Annexure-1):
  • FY 2025-26: Total Income ₹36,218.528 million, Profit After Tax ₹948.907 million
  • FY 2024-25: Total Income ₹35,290.447 million, Profit After Tax ₹219.245 million
  • FY 2023-24: Total Income ₹31,607.547 million, Profit After Tax ₹960.389 million
  • Export Performance: ₹16.49 crores during 2025-26.

Director Details (For Resolutions 3, 4, 5, 6)

  • Shri Ajay Kumar Swarup: Age 67 years, qualifications include B.A. (Hons) Economics and PGDBM from IIM Kolkata, 42 years of industry experience, holds 23,666 shares.
  • Shri Amitabh Singh: Age 59 years, Engineering Graduate and Certified Energy Auditor, 28 years of industry experience, holds 4,000 shares.
  • Relationship: Shri Ajay Kumar Swarup is the father of Shri Shekhar Swarup (Joint Managing Director).