Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Meeting Details
Date: Saturday, 19th September, 2026
Time: 12:30 PM (IST)
Location: Through Video Conference (VC)/Other Audio Visual Means (OAVM) facility
Type: Annual General Meeting
Summary of Proposed Resolutions
ORDINARY BUSINESS:
Item No. 1: Adoption of Audited Financial Statements for FY ended 31st March, 2026 together with Reports of Board of Directors and Auditors
Item No. 2: Declaration of final dividend of Re. 0.10/- (10 paise) per equity share of Re. 1/- each (10% on face value) for FY 2025-26
Item No. 3: Appointment of Mr. Rajendra Bandi (DIN: 00051441) as Director liable to retire by rotation
Item No. 4: Appointment of M/s Vinod Singhal & Co. LLP (Registration No.: 005826C/C400276) as Statutory Auditor for 5 years from conclusion of 32nd AGM until conclusion of 37th AGM
SPECIAL BUSINESS:
Item No. 5: Re-appointment of Mr. Dhanpal Doshi (DIN: 00700492) as Managing Director for 3 years from 20th September, 2026 with remuneration of ₹6,00,000 per month fixed compensation plus commission up to 5% of realized profits
Item No. 6: Re-appointment of Mr. Parasmal Doshi (DIN: 00051460) as Whole Time Director for 3 years from 20th September, 2026 with remuneration of ₹6,00,000 per month fixed compensation plus commission up to 5% of realized profits
Item No. 7: Re-appointment of Mr. Rajendra Bandi (DIN: 00051441) as Whole Time Director for 3 years from 20th September, 2026 with remuneration of ₹1,00,000 per month with 10% annual increment
Item No. 8: Approval for increase in remuneration of Mr. Sarthak Doshi (CEO) to not exceed ₹10 lakhs per month plus commission up to 2% of net realized profit
Item No. 9: Approval for increase in remuneration of Mr. Nishit Doshi (CFO & COO) to not exceed ₹10 lakhs per month plus commission up to 2% of net realized profit
Item No. 10: Amendment of Main Object Clause of Memorandum of Association to include activities related to Alternative Investment Funds, fund management, investment advisory, and portfolio management
Voting Process and Methods
Remote e-Voting Period: Wednesday, 16th September, 2026 (9:00 AM) to Friday, 18th September, 2026 (5:00 PM)
Cut-off Date: Saturday, 12th September, 2026
Voting Platform: Central Depository Services (India) Limited (CDSL) at www.evotingindia.com
Scrutinizer: M/s Kaushal Ameta & Co., Practicing Company Secretaries, Indore (Fellow Membership No. 8144, Certificate of Practice No. 9103)
Members can vote through:
- CDSL e-voting system using 16-digit beneficiary ID
- NSDL e-voting system using 8-character DP ID + 8-digit Client ID
- Physical shareholders using folio number
Key Voting Information
Dividend Record Date: Register of Members and Share Transfer Books shall remain closed from Saturday, 12th September, 2026 to Tuesday, 15th September, 2026 (both days inclusive)
Dividend Payment Date: On or after Saturday, 26th September, 2026
IEPF Transfer: Shares with unpaid dividends for 7 consecutive years (since 2018-19) will be transferred to IEPF Authority on or after 4th November, 2026
Compliance with Laws and Regulations
The AGM is convened in compliance with:
- Companies Act, 2013
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA Circular Nos. 14/2020, 17/2020, 20/2020, and 3/2025
- Secretarial Standard - 2 on General Meetings
Additional Financial Information
Financial Performance (FY 2025-26):
- Revenue: ₹10,347.35 lakhs (vs. ₹2,671.86 lakhs in FY 2024-25)
- PBT: ₹8,479.40 lakhs (vs. ₹1,187.33 lakhs in FY 2024-25)
- PAT: ₹6,685.99 lakhs (vs. ₹911.39 lakhs in FY 2024-25)
- Total Comprehensive Income: ₹6,669.19 lakhs (vs. ₹910.41 lakhs in FY 2024-25)
Dividend Taxation Details
TDS Rates for Resident Individuals:
- With valid PAN: 10%
- Without valid PAN: 20%
- No TDS if total dividend ≤ ₹5,000 during fiscal 2025-26
TDS Rates for Non-Resident Shareholders: 20% plus applicable surcharge and cess, or DTAA rates if more beneficial
Document Submission Deadline: 11:59 PM (IST) of Saturday, 19th September, 2026
Virtual Meeting Participation
- VC/OAVM facility available through CDSL e-voting system
- Registration required for speaking during meeting (3 days prior)
- Facility available for 1,000 members on first-come-first-served basis
- Promoters, institutional investors, directors, and KMPs not subject to capacity restrictions
Results Declaration
Scrutinizer's report to be submitted within 3 days of meeting conclusion
Results to be declared within 48 hours of AGM conclusion
Results to be placed on company website (www.indothai.co.in) and stock exchange websites