Key Dates

  • AGM Date: Thursday, 6th August, 2026 at 3:00 p.m.
  • Meeting Mode: Video Conference/Other Audio Visual Means (VC/OAVM)
  • Record Date: Thursday, 30th July, 2026
  • Register Closure: Friday, 31st July, 2026 to Tuesday, 4th August, 2026 (both days inclusive)
  • Remote e-voting period: Monday, 3rd August, 2026 at 9:00 a.m. to Wednesday, 5th August, 2026 at 5:00 p.m.
  • Dividend Payment Date: On or after 13th August, 2026 (if declared)

Business Items

Ordinary Business

1. To receive, consider and adopt Audited Financial Statements (standalone and consolidated) for FY ended 31st March, 2026 with Reports of Board of Directors and Auditors

2. To declare Dividend for financial year ended 31st March, 2026

3. To appoint Director in place of Shri Nikunj Dhanuka (DIN 00193499) who retires by rotation

Special Business

4. Payment of remuneration by way of commission to Non-Executive Directors: Ordinary Resolution to pay commission not exceeding 0.20% of net profits computed under Section 198 of Companies Act, 2013 for five years commencing from FY 2025-26

5. Re-appointment of Shri Sagar Jadhav (DIN 09547029) as Executive Director: Special Resolution for re-appointment for three years with effect from 1st July, 2026 with detailed remuneration structure:

  • Basic Salary: ₹5,85,200 per month
  • Personal Allowance: 42% of Basic Salary
  • Housing Allowance: 22% of Basic Salary
  • Bonus: Not exceeding 20.33% of Basic Salary
  • Ex-gratia: Not exceeding ₹15,000 per annum
  • Variable pay: Not exceeding ₹21,00,000 per annum
  • Car and telephone provision as per company rules
  • Retirals & Benefits: PF and gratuity (not exceeding half month's salary for each completed year)
  • Earned leave: Not exceeding one month's leave for every 11 months of service
  • Mediclaim insurance for self and family
  • Annual revision up to 12% p.a. possible
  • Minimum remuneration payable even in case of loss or inadequate profits

6. Ratification of Remuneration of Cost Auditor: Ordinary Resolution to ratify remuneration of ₹60,000 plus taxes and reimbursement of actual travel/out-of-pocket expenses to M/s. Krishna S & Associates, Cost Accountants (Firm Registration No.: 100939) for FY 2026-27

Director Details

  • Shri Nikunj Dhanuka: Age 59 years, B.Com, appointed 1st July 1998, holds 19,000 shares, attended 4 board meetings in previous FY
  • Shri Sagar Jadhav: Age 56 years, B.E. Chemical, appointed 1st April 2024, 33 years experience in chemical industry, attended 2 board meetings in previous FY

Dividend Information

  • Dividend payment subject to TDS deduction as per Income Tax Act, 1961
  • Payment through electronic mode only for physical shareholders
  • Unclaimed dividend for 2017-18 already transferred to IEPF
  • Unclaimed dividend for 2018-19 to be transferred to IEPF on 5th September, 2026

Voting Arrangements

  • Remote e-voting through NSDL platform
  • VC/OAVM facility available for 1,000 members on first-come-first-served basis (exceptions for large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)
  • Scrutinizer: Shri Martinho Ferrao (Membership No. 6221) or Shri Shiv Kumar Vaishy (Membership No. 45528)

Additional Information

  • Company Secretary: Sudhir R Singh
  • RTA: M/s. Bigshare Services Private Limited
  • Documents available on company website: https://www.igpetro.com/investor-library
  • Online Dispute Resolution Portal available at: https://smartodr.in/login