AGM Details
The 73rd Annual General Meeting of JK Tyre & Industries Ltd. will be held on Thursday, 6th August 2026 at 3.15 P.M. IST at the Registered Office of the Company at Jaykaygram, PO - Tyre Factory, Kankroli - 313 342 (Rajasthan).
Agenda and Resolutions
The meeting will transact the following business:
1. Ordinary Business
- Item 1: To receive, consider, and adopt:
- a) The audited standalone financial statements for the financial year ended 31st March 2026 and the Reports of the Board of Directors and Auditors thereon.
- b) The audited consolidated financial statements for the financial year ended 31st March 2026 and the Report of the Auditors thereon.
- Item 2: To declare a dividend. The Board has recommended a dividend of ₹4 per Equity Share (200%) on shares of ₹2 each.
2. Special Business
- Item 3 (Special Resolution): Re-appointment of Smt. Sunanda Singhania (DIN: 02356376) as a non-executive Director liable to retire by rotation. She is a promoter group director, aged 73, holding 636,785 equity shares. Her reappointment requires a special resolution as she will attain the age of 75 in July 2027.
- Item 4 (Special Resolution): Approval for payment of annual remuneration to Shri Bharat Hari Singhania (DIN: 00041156) as a non-executive Director for FY 2026-27. This remuneration may exceed fifty percent of the total remuneration payable to all non-executive Directors, necessitating a special resolution. His remuneration was previously approved at ₹33.50 lakh per month for the period ending 30th September 2026.
- Item 5 (Special Resolution): Re-appointment of Dr. Raghupati Singhania (DIN: 00036129) as Chairman & Managing Director for a period of five years with effect from 1st October 2026. The proposed terms of remuneration are:
- Salary: ₹100.0 Lakh per month, with increments within a range of ₹90.0 Lakh to ₹140.0 Lakh per month.
- Perquisites, allowances, and benefits: Including furnished accommodation/HRA, car with driver, medical reimbursement, club fees, travel, etc.
- Performance Linked Incentive: As decided by the Board.
- Commission: 2% of net profits computed under Section 198 of the Companies Act, 2013.
- Provident Fund, Gratuity, and Leave Encashment: As per company rules.
- The resolution allows for the payment of this remuneration as minimum remuneration for up to three years in case of inadequacy or absence of profits.
Dr. Singhania, aged 79, is a promoter and holds 1,644,117 equity shares. He has been the Managing Director since 1975. The justification includes the company's growth under his leadership: capacity increased from 5 lakh to 380 lakh tyres per annum; sales grew from ₹110 Crore (1983) to ₹16,384.28 Crore (FY26 consolidated); and PBIDT grew from ₹13 Crore to ₹2,089 Crore.
- Item 6 (Ordinary Resolution): Ratification of remuneration payable to the Cost Auditors, M/s R.J. Goel & Co., Cost Accountants, for the financial year 2026-27. The remuneration is ₹3.50 Lakh per annum, plus applicable taxes and reimbursement of actual travel expenses outside Delhi.
Dividend Details
- Amount: ₹4 per equity share of ₹2 each (200%).
- Payment Timeline: Planned to be paid within two weeks, but not later than 30 days, from the date of the AGM (6th August 2026).
- Record Date: Thursday, 30th July 2026 for determining entitlement.
- Taxation: The company will withhold taxes at prescribed rates on the dividend as required by the Income-tax Act, 2025.
Voting Information
- Cut-off Date: 30th July 2026 for determining members entitled to vote.
- Remote E-Voting Period: Begins on Monday, 3rd August 2026 at 10:00 A.M. and ends on Wednesday, 5th August 2026 at 5:00 P.M.
- E-Voting Service Provider: Central Depository Services (India) Ltd. (CDSL).
- Scrutinizer: Dr. CS Ronak Jhuthawat of M/s Ronak Jhuthawat & Co., Company Secretaries.
- Alternate Scrutinizer: Ms. Monika Jain of M/s Monika Jain & Associates, Company Secretaries.
- Proxy Rules: A member can appoint a proxy, who need not be a member. A proxy can represent up to 50 members holding an aggregate of up to 10% of the total share capital. Proxies must be received at the registered office at least 48 hours before the meeting.
Other Key Information
- Financial Performance (Standalone, FY ended 31st March 2026): Sales and Other Income: ₹14,668.99 Crore; Profit before Interest, Depreciation and Tax (PBIDT): ₹1,964.68 Crore; Profit Before Tax (PBT): ₹1,001.83 Crore.
- Administrative Office: 3, Bahadur Shah Zafar Marg, New Delhi - 110 002.
- Company Identification Number (CIN): L67120RJ1951PLC045966.
- Compliance Reference: The notice is issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.