JAY USHIN LIMITED
This disclosure outlines the outcomes of the Board of Directors meeting of Jay Ushin Limited held on May 29, 2026. The meeting commenced at 12:25 PM and concluded at 3:35 PM.
Key Approvals and Outcomes
1. Auditor Appointments:
- The Board re-appointed M/s. Tattvam & Co, Chartered Accountants as the Internal Auditor for the Financial Year 2026-27.
- The Board re-appointed M/s. Ahuja Sunny & Co., Cost Accountants as the Cost Auditor for the Financial Year 2026-27.
2. Dividend Recommendation:
- The Board recommended a dividend of ₹4.00 per equity share (face value ₹10 each) for the financial year 2025-26.
- This recommendation is subject to the approval of shareholders in the ensuing Annual General Meeting (AGM) and the joint venture partner, Ushin Ltd., as per the terms of the Joint Venture Agreement.
3. Financial Results and Reports:
- The Board approved the Audited Financial Results for the quarter and year ended March 31, 2026.
- The Board approved the Management Discussion and Analysis Report, the Director's Report, the notice of the Annual General Meeting, and the Corporate Governance Report.
4. Annual General Meeting (AGM) Details:
- The 40th Annual General Meeting (AGM) is scheduled to be held on Wednesday, September 30, 2026, at 11:00 AM IST.
- The meeting will be conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
5. Record Date and Dividend Payment:
- The Register of Members will be closed for the AGM from Saturday, September 19, 2026, to Wednesday, September 30, 2026 (both days inclusive).
- Friday, September 18, 2026, has been fixed as the record date for determining eligibility for the recommended dividend.
- The dividend will be paid to shareholders whose names appear in the records of the Company's depositories as of the record date.
- The dividend will be paid within 30 days from the date of its declaration at the AGM.