Key Details of the 41st AGM

  • Scheduled Date & Time: Thursday, September 24, 2026, at 12:10 p.m. IST.
  • Mode: The meeting will be conducted entirely through Video Conferencing/Other Audio-Visual Means (VC/OAVM) without a physical venue, in compliance with Ministry of Corporate Affairs circulars.
  • Deemed Venue: The Corporate Office of the Company at 10/24, Kumara Krupa Road, Bengaluru - 560 001.

Business to be Transacted

Four items of business are listed for the AGM:

1. Ordinary Resolution: To receive, consider, and adopt the audited standalone financial statements for the financial year ended March 31, 2026, including the Board's Report and Auditors' Report.

2. Ordinary Resolution: To receive, consider, and adopt the audited consolidated financial statements for the financial year ended March 31, 2026, including the Auditors' Report.

3. Ordinary Resolution: To declare a final dividend of ₹0.25 (5%) per equity share of face value ₹5 each for FY2025-26. This dividend was recommended by the Board at its meeting held on May 27, 2026.

4. Special Resolution: To re-appoint Mr. Dinesh Kumar Himatsingka (DIN: 00139516), Executive Chairman, who retires by rotation.

Dividend Information

  • Amount: Final dividend of ₹0.25 per equity share (5% on face value of ₹5).
  • Record Date: Thursday, September 17, 2026, for determining eligibility.
  • Payment Timeline: The dividend, if declared, will be paid/credited/dispatched within 30 days from the date of declaration (i.e., by October 24, 2026).
  • Taxation: Dividend income is taxable, and the company will deduct TDS at prescribed rates under the Income Tax Act, 2025. No TDS will be deducted for resident individual shareholders if the total dividend receivable is ₹10,000 or less. PAN registration is mandatory for shareholders.

E-Voting Facility

Pursuant to Section 108 of the Companies Act, 2013 and SEBI LODR Regulation 44, the company is providing remote e-voting facilities.

  • Service Provider: KFin Technologies Limited, the company's Share Transfer Agent.
  • Remote E-Voting Period: Commences on Sunday, September 20, 2026, at 9:00 a.m. IST and ends on Wednesday, September 23, 2026, at 5:00 p.m. IST.
  • Cut-off Date: Thursday, September 17, 2026. Only members registered in the Register of Members/beneficial owners as of this date are entitled to vote.
  • E-Voting during AGM: Members who have not voted remotely can vote electronically during the AGM itself.
  • Scrutinizer: CS Vinod Sunder Raman (C.P. No. 22422) of M/s Megha M Vinod & Co. LLP has been appointed to scrutinize the e-voting process. CS Megha Mattoo (C.P. No.27124) is the alternate.
  • Result Declaration: Voting results will be submitted to the stock exchanges by September 25, 2026, and made available on the company's website and KFin's portal.

Director Re-appointment Details (Item No. 4)

  • Name: Mr. Dinesh Kumar Himatsingka
  • DIN: 00139516
  • Age: 77 years
  • Date of First Appointment: January 23, 1985
  • Role: Executive Chairman and founder of the company.
  • Qualifications: Bachelor of Arts (Honors in Economics) from Calcutta University.
  • Expertise: Home Textiles.
  • Shareholding: Holds 13.84% of the company's shares as of the notice date.
  • FY2025-26 Remuneration: ₹360.83 lakhs as remuneration and a commission of ₹100 lakhs (excludes gratuity and other benefits).
  • Board Meeting Attendance: Attended 6 out of 8 board meetings held in FY2025-26.
  • Relationship: Father of Mr. Shrikant Himatsingka, Executive Vice Chairman & Managing Director.
  • Other Directorships: Himatsingka Wovens Private Limited and Orient Silk Pvt Ltd.

The re-appointment is recommended by the Nomination and Remuneration Committee and approved by the Board on May 27, 2026.

Shareholder Services and Compliance Notes

  • Annual Report Distribution: The notice and annual report are being sent electronically. Physical copies are available upon request.
  • KYC & Nomination Update: SEBI mandates holders of physical securities to furnish KYC details (PAN, address, email, mobile, bank details, signature) and nomination details. Dividend payments for physical holdings not KYC-compliant will be withheld.
  • Demat Mandate: The company can only issue securities in dematerialized form for all service requests (transfers, transmissions, etc.). Shareholders are encouraged to dematerialize physical holdings.
  • IEPF: Unclaimed dividends for seven consecutive years are transferred to the Investor Education and Protection Fund (IEPF), along with the corresponding shares.
  • Special Window for Physical Shares: A special window is open until February 4, 2027, for re-lodging transfer deeds of physical shares that were rejected/returned prior to April 1, 2019.
  • Saksham Niveshak Campaign: The company ran campaigns (July-Nov 2025 and April-July 2026) to resolve issues related to unclaimed dividends, update KYC, and promote demat.