Meeting Details
The 26th Annual General Meeting of Indigo Paints Limited will be held on Saturday, September 12, 2026 at 11:00 A.M. (IST) through Video Conference or Other Audio Visual Means. The deemed venue is the Registered Office of the Company at Indigo Tower, Street-5, Pallod Farm-2, Baner Road, Pune, Maharashtra 411045.
Ordinary Business Agenda
1. Adoption of Financial Statements
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon.
2. Declaration of Dividend on Equity Shares
To declare final dividend of ₹5.00 (Five Rupees only) (50%) per equity share of the face value ₹10 (Rupees Ten Only) each for the financial year ended March 31, 2026.
3. Appointment of Director
To appoint a Director in place of Mr. Narayanankutty Kottiedath Venugopal (DIN: 00296465), who retires by rotation and being eligible, offers himself for reappointment.
Special Business Agenda
4. Ratification of Cost Auditor Remuneration
To consider and pass an Ordinary Resolution for ratification of remuneration payable to M/s. Harshad S Deshpande & Associates, Cost Accountants (Firm Registration No.: 00378), Cost Auditors of the Company for the financial year 2026-27.
The remuneration amount is ₹80,000/- (Rupees Eighty Thousand only) plus applicable taxes and reimbursement of out-of-pocket expenses at actuals, if any, incurred in connection with the audit.
Dividend Details
The Board, at its meeting held on May 22, 2026, recommended a final dividend of ₹5.00 per share. The record date for the purpose of final dividend is September 4, 2026. The register of Members (Book Closure date) will be closed from September 5, 2026 to September 12, 2026. The final dividend, once approved by the members in the AGM, will be paid on or before October 12, 2026.
Director Information
Mr. Narayanankutty Kottiedath Venugopal (DIN: 00296465) has been associated with the Company since 2003 and was appointed as Director in 2016. He was reappointed as Executive Director for five years with effect from June 1, 2025 to May 31, 2030. He holds 12,250 equity shares in the company and attended 5 out of 5 board meetings during FY2025-26. His remuneration last drawn was ₹180 lakhs plus employee stock options.
Voting Arrangements
The Company has fixed Friday, September 4, 2026 as the cutoff date for identifying Members eligible to vote. Remote e-voting period begins on September 9, 2026 at 9:00 Hrs (IST) and ends on September 11, 2026 at 17:00 Hrs (IST). The company has appointed Central Depository Services Limited (CDSL) to provide video conferencing facility and e-voting services.
Document Availability
The Notice of the 26th AGM is available on the Company's website at https://indigopaints.com/investors/meetings-announcements-2/, on stock exchange websites (BSE and NSE), and on the website of Registrar and Transfer Agent MUFG Intime India Private Limited at www.in.mpms.mufg.com.
Scrutinizer Appointment
The Board has appointed Ms. Ashwini Inamdar or failing her, Ms. Alifya Sapatwala, Partners, Mehta and Mehta, Practicing Company Secretaries (ICSI Unique Code: P1996MH007500) to act as the Scrutinizer for the e-voting process.