Meeting Details
The 62nd Annual General Meeting will be held on Friday, September 11, 2026 at 11:00 AM (IST) through Video Conference/Other Audio-Visual Means. The deemed venue is the Registered Office at Ion House, Dr. E. Moses Road, Mahalaxmi, Mumbai-400 011.
Agenda Items
Ordinary Business:
1. To receive, consider and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements for the financial year ended March 31, 2026, along with Reports of Board of Directors and Auditors.
2. To declare Dividend on Equity Shares.
3. To appoint a Director in place of Mr. Dinesh Sharma (DIN: 00051986), who retires by rotation and offers himself for re-appointment.
Special Business:
4. Ratification of Remuneration of Cost Auditors: Ordinary Resolution to ratify remuneration of INR 4,75,000/- (Rupees Four Lakh Seventy Five Thousand Only) plus applicable taxes and out-of-pocket expenses payable to M/s. R. Nanabhoy & Co., Cost Accountants, Mumbai (Firm registration No. 000010) for conducting audit of cost records for financial year ending March 31, 2027.
Director Information for Re-appointment
Mr. Dinesh Sharma (DIN: 00051986):
- Category: Non-Executive Non-Independent Director
- Designation: Vice-Chairman
- Date of Birth: November 20, 1964
- Nationality: Indian
- Date of Initial Appointment: January 24, 2006
- Qualification: B.Sc.
- Expertise: Vast experience in business management, marketing and corporate leadership
- Shareholding: 57,12,710 shares
- Relationship: Related to Mr. Rajesh Sharma, Executive Chairman of the Company
- Board Meeting Attendance: 6 out of 7 meetings
- Directorship in Other Companies: 7 companies including Ultrafresh Modular Solutions Limited, Ion Exchange Environment Management (BD) Ltd., Aquanomics Systems Ltd., and international entities
Dividend Information
Dividend, if declared, will be paid subject to deduction of tax at source within 30 days to members whose names appear on the Register of Members as on August 31, 2026. Payment will be made only in electronic mode as mandated by SEBI regulations effective November 18, 2025.
Share Transfer to IEPF
The Company transferred 83,526 shares to the Investor Education and Protection Fund Authority during 2025-26 in respect of which dividend had not been paid or claimed for seven consecutive years or more.
Unclaimed Dividend
Unclaimed Dividend for 2017-18 has been transferred to IEPF. Shareholders who have not claimed Dividend for 2018-19 and subsequent years are advised to contact the RTA.
E-Voting Details
Remote e-voting period commences on Monday, September 7, 2026 (9:00 AM) and ends on Thursday, September 10, 2026 (5:00 PM). Cut-off date for determining voting rights is September 4, 2026. NSDL is providing the e-voting facility.
Scrutinizer Appointment
Mr. V.V. Chakradeo, Practicing Company Secretary (COP No. 1705) appointed as Scrutinizer for conducting e-voting process. Scrutinizer will submit report within 2 working days of conclusion of AGM.
Financial Impact
The ratification of cost auditor remuneration involves an amount of INR 4,75,000/- plus applicable taxes and out-of-pocket expenses. No other financial impacts are quantified in the disclosure.
Taxation Aspects
Dividend income taxable in hands of shareholders w.e.f. April 1, 2020 with TDS applicable at prescribed rates. Resident individual shareholders can submit Form 15G/15H for non-deduction benefit by September 7, 2026. Non-resident shareholders can avail treaty benefits by providing necessary documents by September 7, 2026.