Meeting Details

  • Meeting Type: 41st Annual General Meeting
  • Date: Monday, August 24, 2026
  • Time: 11:00 A.M. (IST)
  • Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Venue: Registered Office at 9-11, Maruti Industrial Area, Sector-18, Gurugram-122015 (deemed venue)

Proposed Resolutions and Implications

Ordinary Business

1. Adoption of Financial Statements: Resolution to receive, consider and adopt the Audited Financial Statements including Balance Sheet as at March 31, 2026, Statement of Profit and Loss, Statement of change in equity and Cash Flow Statement with notes for FY ended March 31, 2026, together with reports of Board of Directors and Auditors.

2. Final Dividend Declaration: Resolution to approve and declare final dividend of INR 4.50 per equity share of INR 2.00 each fully paid up for Financial Year 2025-26.

3. Director Re-appointment: Resolution to re-appoint Mr. Neeraj Munjal (DIN: 00037792) who retires by rotation and offers himself for re-appointment.

4. Director Re-appointment: Resolution to re-appoint Mr. Tetsuya Katsumata (DIN: 11096018) who retires by rotation and offers himself for re-appointment.

Special Business

5. Re-appointment of Chairman & Managing Director: Special resolution to re-appoint Mr. Yogesh Chander Munjal (DIN: 00003491) as Chairman & Managing Director for five years from September 1, 2026 to August 31, 2031, with detailed remuneration package including:

  • Basic Salary: ₹32,50,000 per month
  • Special Pay: ₹3,00,000 per month
  • Commission: Up to 1% of net profits
  • Comprehensive perquisites including HRA, medical reimbursement, LTC, club fees, car with driver, and other benefits
  • Minimum remuneration provision for three years if company profits are inadequate

Voting Process and Methods

  • Remote e-Voting Period: Friday, August 21, 2026 at 09:00 A.M. IST to Sunday, August 23, 2026 at 5:00 P.M. IST
  • Cut-off Date: Monday, August 17, 2026
  • Voting Agency: Central Depository Services (India) Limited (CDSL)
  • Methods:
  • Demat shareholders: Through CDSL/NSDL systems using demat account credentials
  • Physical shareholders: Through CDSL e-Voting system at www.evotingindia.com
  • Non-individual shareholders: Corporate registration module on CDSL platform
  • Meeting Attendance: Maximum 1000 members on first-come-first-served basis, excluding large shareholders (2%+), promoters, institutional investors, directors, KMPs, and committee chairpersons

Scrutinizer Appointment and Role

  • Scrutinizer: Mr. Arun Kumar (Membership No. F11553, COP No. 17196), Proprietor of M/s AKU & Associates, Practicing Company Secretaries (ICSI firm registration No. S2016DE428500)
  • Role: To scrutinize remote e-Voting process and e-Voting during AGM in fair & transparent manner
  • Report Timeline: Scrutinizer to submit consolidated report immediately after conclusion of voting, with results announced within 2 working days or 3 days (whichever earlier) from AGM conclusion
  • Result Publication: Results with Scrutinizer's report will be placed on company website (www.munjalshowa.net), CDSL website (www.evotingindia.com), and communicated to BSE and NSE

Compliance with Laws and Regulations

The notice confirms compliance with:

  • Companies Act, 2013 and relevant rules
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars: General Circular Nos. 14/2020, 17/2020, 20/2020, 22/2020, 33/2020, 39/2020, 02/2021, 19/2021, 21/2021, 2/2022, 11/2022, 09/2023, 09/2024, 03/2025
  • SEBI Circulars: SEBI/HO/CFD/CMD1/CIR/P/2020/79, SEBI/HO/CFD/CMD2/CIR/P/2021/11, SEBI/HO/CFD/CMD2/CIR/P/2022/62, SEBI/HO/CFD/PoD-2/P/CIR/2023/4, SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167, SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133
  • Secretarial Standard on General Meeting (SS-2) of ICSI

Dividend Information

  • Recommended Dividend: INR 4.50 per equity share of INR 2.00 each for FY ended March 31, 2026
  • Record Date: Wednesday, August 5, 2026 for dividend entitlement
  • Register Closure: Thursday, August 6, 2026 to Monday, August 24, 2026 (both inclusive)
  • TDS Applicable: Dividend income taxable in shareholders' hands with TDS deduction at prescribed rates
  • Unpaid Dividend: ₹10,10,255 transferred to IEPF for FY 2017-18 on October 28, 2025
  • Share Transfer: 13,473 equity shares transferred to IEPF Account for FY 2017-18

Additional Financial Information

  • FY26 Financial Performance: Turnover of ₹1,31,542 lakhs (Gross) and Profit of ₹2,187.17 lakhs after tax
  • Export Performance: ₹20.73 Lakhs
  • Company Commencement: March 11, 1987

Director Information

Detailed information about directors seeking appointment/re-appointment is provided in Annexure A, including:

  • Qualifications, experience, and expertise
  • Directorships in other companies
  • Committee memberships
  • Shareholding in the company
  • Relationship with other directors
  • Terms and conditions of appointment