Key Dates
- Annual General Meeting Date: Monday, 28th September 2026 at 11:30 A.M. (IST)
- Record Date for Dividend: Monday, 21st September 2026
- Remote E-Voting Period: Commences Friday, 25th September 2026 at 9:00 AM and ends Sunday, 27th September 2026 at 5:00 PM
- Cut-off Date for Voting Eligibility: Monday, 21st September 2026
- Dividend Payment Date: On or before October 28, 2026
Dividend Declaration
- Final dividend of ₹20 per equity share (200% of face value of ₹10) proposed for financial year ended March 31, 2026
- Dividend subject to deduction of tax at source (TDS)
- Payment will be made electronically to eligible members
Board Appointments and Changes
Ordinary Business Resolutions:
1. Item No. 1: Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026
2. Item No. 2: Declaration of final dividend of ₹20 per equity share
3. Item No. 3: Re-appointment of Mr. Sun Yajie (DIN: 11191121) as Director retiring by rotation
Special Business Resolutions:
4. Item No. 4: Appointment of Mr. Wang Dazhong (DIN: 11849911) as Chairman & Managing Director
- Tenure: 15th August 2026 to 14th August 2029 (3 years)
- Remuneration: ₹1,00,00,000 per annum (salary, allowances, PF, PLI)
- Previously appointed as Additional Director effective 15th August 2026
5. Item No. 5: Appointment of Mr. Sethuraman Shanmugasundaram (DIN: 11871332) as Whole-time Director designated as Chief Operating Officer
- Tenure: 15th August 2026 to 14th August 2029 (3 years)
- Remuneration: ₹60,00,000 per annum (salary, allowances, PF, PLI)
- Previously appointed as Additional Director effective 15th August 2026
6. Item No. 6: Appointment of Ms. Apurva Pradeep Joshi (DIN: 06608172) as Non-Executive Independent Director
- Tenure: 15th August 2026 to 14th August 2031 (5 years)
- Eligible for commission payment to Independent Directors
7. Item No. 7: Approval for payment of commission to Independent Directors
- Commission amount: ₹8,00,000 per year per Independent Director
- In addition to sitting fees for Board/Committee meetings
8. Item No. 8: Ratification of Cost Auditor's remuneration
- Mr. K. Suryanarayanan (Cost Accountant, Registration No. 102347)
- Remuneration: ₹4,00,000 plus applicable taxes and out-of-pocket expenses
- For audit of cost records for FY ending March 31, 2027
Meeting Logistics
- AGM will be held through Video Conferencing/Other Audio-Visual Means (OAVM)
- Registered Office (Dhun Building, III Floor, 827, Anna Salai, Chennai – 600002) deemed as venue
- Facility available for 1000 members on first-come-first-served basis (exceptions for large shareholders, promoters, institutional investors, directors, KMPs, committee chairs, auditors)
- Notice and Annual Report sent only through electronic mode
- Physical copies available on request
E-Voting Details
- Remote e-voting facility provided through NSDL
- Members can vote electronically from September 25-27, 2026
- Scrutinizer: Ms. Shaswati Vaishnav, Practicing Company Secretary (ACS No. 11392 and CP No. 8675)
- Results to be announced within two working days after AGM conclusion
Dividend Payment Process
For Demat Holders:
- Dividend paid based on details provided by Depository Participants
- Members must update bank details with their DPs
For Physical Shareholders:
- Folios must be KYC compliant for electronic dividend payment
- Required documents must be submitted to RTA by September 21, 2026:
- Form ISR-1 with complete details
- Original cheque copy
- Self-attested PAN copy
- Address proof document
- Form ISR-2 (bank attested)
- Nomination forms if applicable
Tax Compliance
- TDS will be deducted as per Income Tax Act, 2025
- Members must submit relevant forms for lower/nil TDS deduction by September 21, 2026:
- Resident individuals: Form 121 (erstwhile Form 15G/15H)
- Non-resident shareholders: Permanent Establishment Declaration, Beneficial Ownership Declaration, Tax Residency Certificate, Form 41 (erstwhile Form 10F)