Meeting Details

The Forty-first Annual General Meeting will be held on Monday, 28th September 2026 at 11:00 a.m. through Video Conferencing/Other Audio-Visual Means. The deemed venue is the Registered Office at A-3, M.I.D.C. Industrial Area, Nanded 431 603, Maharashtra.

Ordinary Business Agenda

Item 1: Adoption of Financial Statements

  • To consider and adopt audited standalone financial statements for year ended 31st March 2026 with Reports of Directors and Auditor
  • To consider and adopt audited consolidated financial statements for year ended 31st March 2026 with Report of Auditor
  • Both items require Ordinary Resolutions

Item 2: Dividend Declaration

  • To confirm payment of special interim dividend @ 500% (₹5.00 per equity share of face value Re.1/- each) paid to equity shareholders holding 17,55,04,995 equity shares
  • This dividend was approved by Board of Directors at meeting held on 26th July 2025
  • To declare final dividend @ 50% (₹0.50 per equity share of face value ₹1/- each) for financial year ended 31st March 2026
  • Final dividend payable to shareholders on register as of close of business on 21st September 2026
  • Requires Ordinary Resolution

Item 3: Director Re-appointment

  • To re-appoint Mr. Virendra Jain (DIN: 00077662) who retires by rotation
  • He is eligible and offers himself for re-appointment
  • Requires Ordinary Resolution

Special Business Agenda

Item 4: Re-appointment of Executive Director

  • To re-appoint Mr. Dinesh Deokinandan Paliwal (DIN: 00524064) as Executive Director with designation of Director-Works
  • Term: 3 years effective from 1st April 2027 to 31st March 2030
  • Remuneration terms:
  • Salary: not exceeding ₹8,50,000 per month
  • Commission: based on net profits, not exceeding limits under Section 197 of Companies Act
  • Perquisites and allowances: up to ₹8,50,000 per month including accommodation/HRA, maintenance, utilities, medical, LTC, club fees, insurance
  • Minimum remuneration in case of loss/inadequate profits: ₹60,00,000 per annum including perquisites
  • Mr. Paliwal was paid remuneration of ₹84.37 lakh for FY2025-26
  • Has 36 years' experience in woven sacks industry, associated with company for over 16 years
  • Requires Ordinary Resolution

Item 5: Cost Auditor Remuneration

  • To ratify remuneration payable to Tadhani and Co., Cost Accountants (Firm Registration No. 003635)
  • Remuneration: ₹88,000 excluding GST for financial year ending 31st March 2027
  • No material change from remuneration paid for FY2025-26
  • Requires Ordinary Resolution

Shareholder Information

Record Date and Book Closure

  • Register of Members and Share Transfer Books for physical shares will remain closed from 22nd September 2026 to 28th September 2026 (both days inclusive)
  • Record date for final dividend: 21st September 2026

Dividend Payment Details

  • Final dividend will be paid within one week from conclusion of AGM
  • Payment will be made through electronic mode to members who have updated bank details
  • Dividend warrants/demand drafts will be dispatched to registered address for those without updated bank details

Unclaimed Dividend Information

  • Unpaid/unclaimed dividends up to FY2017-18 already transferred to Investor Education and Protection Fund (IEPF)
  • Unpaid/unclaimed dividends for FY2018-19 to FY2024-25 and Special Interim Dividend 2026 have specific transfer dates to IEPF ranging from October 2026 to October 2032
  • Shares in respect of which dividend remains unpaid for seven consecutive years will be transferred to IEPF
  • Company has transferred all such shares for FY2017-18 and before to IEPF

Dematerialization Requirements

  • SEBI mandates processing of service requests only in dematerialized form for listed companies
  • Special window open until 4th February 2027 for transfer and dematerialization of physical securities sold/purchased before 1st April 2019
  • Transferred securities will be under lock-in for one year from registration date

E-Voting Arrangements

  • Remote e-voting period: 25th September 2026 (9:00 a.m.) to 27th September 2026 (5:00 p.m.)
  • Cut-off date for voting rights: 21st September 2026
  • Scrutinizer: Ms. Payal Chirag Thakkar, Practicing Company Secretary
  • Results will be posted on company website (www.jaicorpindia.com) and Bigshare website (https://ivote.bigshareonline.com)
  • Results will be forwarded to BSE Limited and National Stock Exchange of India Limited

Virtual Meeting Participation

  • Members can join AGM through VC/OAVM at https://ivote.bigshareonline.com using e-voting credentials
  • Members wishing to speak must register by email to cs2@jaicorpindia.com between 25th September 2026 (9:00 a.m.) and 26th September 2026 (5:00 p.m.)

Tax Deduction at Source on Dividend

  • Shareholders must update PAN with Depository Participants (demat) or Company/RTA (physical)
  • Tax exemption documents must be submitted electronically by 21st September 2026, 11:59 p.m. through depositories
  • Alternative submission through Bigshare website or email to tds@bigshareonline.com

Director Details

Mr. Virendra Jain (DIN: 00077662)

  • Age: 67 years, Date of Appointment: 31/12/1986
  • Qualification: B.Com, Entrepreneur with over 40 years experience
  • Shareholding: 100 equity shares of face value ₹1/- each
  • Non-executive, promoter director and Vice-Chairman
  • Remuneration: ₹1.83 lakh as sitting fees for FY2025-26
  • Related to Mr. Anand Jain and Mr. Gaurav Jain

Mr. Dinesh D. Paliwal (DIN: 00524064)

  • Age: 58 years, Date of Appointment: 01/04/2021
  • Qualification: Mechanical Engineer, 36 years experience in woven sacks manufacturing
  • Shareholding: Nil
  • Executive director, non-promoter, non-independent, Director-Works
  • Remuneration: ₹84.37 lakh for FY2025-26

#Tags: #JaiCorp #AGM #Dividend #SEBIDisclosure #RegulatoryCompliance #Neutral