Meeting Details

  • Date: Thursday, August 6, 2026
  • Time: 11:00 a.m. (IST)
  • Mode: Video Conferencing Facility/Other Audio Visual Means
  • Cut-off date: Thursday, July 30, 2026 (for determining members eligible to vote)

Agenda Items

Ordinary Business

1. Adoption of Financial Statements: To review, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with reports of Board of Directors and Auditors.

2. Final Dividend Declaration: To declare Final Dividend of ₹1.5 per equity share of ₹10 each for the Financial Year ended March 31, 2026.

  • Record date: Thursday, July 30, 2026
  • Dividend will be credited/dispatched within prescribed time from declaration date

3. Director Re-appointment: To appoint Mr. Anwar Chauhan (DIN: 00322114) who retires by rotation and offers himself for re-appointment.

4. Re-appointment of Statutory Auditors: Ordinary Resolution to re-appoint M/s. Rajendra & Co, Chartered Accountants (ICAI Firm Registration No. 108355W) as Statutory Auditors for second consecutive term of 5 years:

  • Term: From conclusion of 97th AGM till conclusion of 102nd AGM in 2031
  • Remuneration: To be decided by Board in consultation with auditors
  • Proposed fee for FY 2026-27: ₹13 lakhs (exclusive of taxes and out-of-pocket expenses)

Special Business

5. Commission to Non-Executive Directors: Ordinary Resolution to approve payment of commission not exceeding 1% per annum of net profits:

  • Period: 5 financial years from April 1, 2027 to March 31, 2032
  • Quantum and distribution to be decided by Chairman based on Nomination and Remuneration Committee recommendation
  • In addition to sitting fees for Board/Committee meetings

6. Ratification of Cost Auditors Remuneration: Ordinary Resolution to ratify remuneration payable to M/s. Kishore Bhatia & Associates, Cost Accountants (Firm Registration No. 00294):

  • For conducting cost audit for financial year ending March 31, 2027
  • Remuneration: ₹1,80,000 plus applicable taxes and reimbursement of out-of-pocket expenses

7. Re-appointment of Independent Director: Special Resolution to re-appoint Mr. Ranjeev Lodha (DIN: 07478890) as Independent Director:

  • Second term of 5 consecutive years from July 28, 2026 to July 27, 2031
  • Not liable to retire by rotation

8. Re-appointment of Independent Director: Special Resolution to re-appoint Ms. Mala Todarwal (DIN: 06933515) as Independent Director:

  • Second term of 5 consecutive years from June 11, 2026 to June 10, 2031
  • Not liable to retire by rotation

Director Details

Mr. Anwar Chauhan (DIN: 00322114)

  • Date of Birth: May 19, 1964 (62 years)
  • Qualifications: Chartered Accountant
  • Experience: Over 35 years with Multinational Allana Group in strategic planning and financial performance
  • Board Meetings attended: 5 during the year
  • Shareholding: Nil

Mr. Ranjeev Lodha (DIN: 07478890)

  • Date of Birth: August 23, 1964 (61 years)
  • Qualifications: Chartered Accountant, PG Diploma in Management of Business Finance
  • Experience: 35+ years in corporate finance across Tata Chemicals, Mahindra & Mahindra, Huhtamaki India
  • Board Meetings attended: 5 during the year
  • Shareholding: Nil

Ms. Mala Todarwal (DIN: 06933515)

  • Date of Birth: May 3, 1985 (41 years)
  • Qualifications: Chartered Accountant (Fellow member)
  • Experience: Practicing CA since 2009, partner at M/s. Arun Todarwal & Associates LLP
  • Other directorships: Alna Trading and Exports Limited (resigned Jan 31, 2026), Welspun Investments and Commercials Limited (resigned Mar 31, 2024), AYM Syntex Limited, Angel One Limited
  • Board Meetings attended: 5 during the year
  • Shareholding: Nil

Voting Arrangements

  • Remote e-voting period: Monday, August 3, 2026 (9:00 AM IST) to Wednesday, August 5, 2026 (5:00 PM IST)
  • E-voting service provider: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: Mr. Aqueel A. Mulla of A. A. Mulla & Associates, Practicing Company Secretaries
  • Results declaration: Within 48 hours of AGM conclusion on company website and stock exchanges

Dividend Taxation Guidelines

  • TDS rates for resident shareholders: 10% with valid PAN, 20% without valid PAN
  • TDS exemption: No TDS if total dividend during financial year does not exceed ₹10,000 for resident individuals
  • Non-resident shareholders: TDS at 20% plus surcharge and cess, or DTAA rate whichever beneficial
  • Exempted categories: LIC, GIC, insurance companies, mutual funds, business trusts, government entities
  • Document submission deadline: 6 pm on Record Date (July 30, 2026)

Additional Information

  • Annual Report 2025-26: Available on company website (www.ivpindia.com/financials) and CDSL website (www.evotingindia.com)
  • Document inspection: Available between 11:00 AM to 1:00 PM on working days until AGM date
  • Shareholder registration: Members must register as speakers by July 30, 2026, 6:00 PM IST to speak at AGM
  • Green initiative: Documents sent electronically only; physical copies available on request
  • Unclaimed dividend: Dividend unclaimed for 7 consecutive years will be transferred to IEPF

Financial Impact

  • Dividend payout: ₹1.5 per equity share (subject to shareholder approval)
  • Statutory auditor remuneration: ₹13 lakhs for FY 2026-27
  • Cost auditor remuneration: ₹1,80,000 for FY 2026-27
  • Commission to non-executive directors: Up to 1% of net profits annually for FY2028-FY2032