The AGM is scheduled to be held on Tuesday, 23rd June, 2026, at 12:00 PM (IST) through Video Conferencing / Other Audio Visual Means (VC/OAVM). The deemed venue for the AGM is the company's registered office.
Key AGM Agenda Items
ORDINARY BUSINESS:
1. Adoption of Financial Statements: To consider and adopt:
- The Audited Standalone Financial Statements for the year ended 31st March, 2026, along with the reports of the Board of Directors and Independent Auditors.
- The Audited Consolidated Financial Statements for the year ended 31st March, 2026, along with the report of the Independent Auditors.
2. Declaration of Dividend: To declare a dividend of ₹2/- per equity share (i.e., 100%) on equity shares of ₹2/- each fully paid-up for the financial year ended 31st March, 2026. The dividend, if declared, will be paid out of the profits of the Company within the statutory time limit of 30 days. The record date for determining eligibility for the dividend is Tuesday, 9th June, 2026.
3. Reappointment of Director: To reappoint Mr. Pavan Jain (DIN: 00030098), who retires by rotation, as a Director of the Company. His remuneration for FY 2025-26 was ₹1.67 Crores towards commission and sitting fees.
SPECIAL BUSINESS:
4. Approval of Material Related Party Transaction: To seek approval for entering into material related party transactions with INOX Air Products Private Limited (IAPL), a related party under common control. The approval is for an aggregate value of up to ₹200 Crores to be transacted during FY 2026-27. The transactions involve the purchase of industrial gases from IAPL and the sale of tanks, vaporizers, and related products and repair services to IAPL. These transactions are stated to be in the ordinary course of business and at arm's length. The total transactions with IAPL in FY 2025-26 were ₹166.62 Crores. Related parties (Mr. Pavan Jain and Mr. Siddharth Jain) will abstain from voting on this resolution.
5. Ratification of Remuneration of Cost Auditors: To ratify the remuneration payable to M/s. Diwanji & Company, Cost & Management Accountants (Firm Registration No. M/000339). The remuneration is up to ₹1,19,000/- plus applicable taxes and reimbursement of actual out-of-pocket expenses for conducting the cost audit for the financial year ending 31st March, 2027.
Shareholder Information and Voting
- The cut-off date for determining member eligibility to vote is Tuesday, 16th June, 2026.
- The company is providing e-Voting facilities through Central Depository Services (India) Limited (CDSL).
- The remote e-Voting period begins on 19th June, 2026, at 9:00 AM and ends on 22nd June, 2026, at 5:00 PM.
- Members can also vote during the AGM proceedings via the e-Voting system if they have not already voted remotely.
- M/s. Samdani Shah & Kabra, Practising Company Secretaries, has been appointed as the Scrutinizer for the e-voting process.
- The notice and annual report have been sent electronically to members with registered email IDs and are available on the company's website (www.inoxcva.com) and stock exchange websites.
Other Disclosures
- Unpaid dividends for the financial year 2024-25 will be transferred to the Investor Education and Protection Fund (IEPF) on 18th July, 2032.
- The Register of Directors and Key Managerial Personnel and their shareholding, and the Register of Contracts or Arrangements in which directors are interested, will be available for electronic inspection by members.