Board Meeting Details

The Board of Directors meeting was held on Friday, September 04, 2026, commencing at 4:45 PM and concluding at 5:45 PM.

Key Decisions Approved

1. Dividend Declaration

  • Recommended final dividend of Re. 0.05 per equity share (1%) of face value ₹5 each
  • For financial year 2025-2026
  • Subject to shareholder approval at the ensuing Annual General Meeting

2. Annual General Meeting Arrangements

  • 31st Annual General Meeting scheduled for Wednesday, September 30, 2026 at 11:00 AM
  • Meeting to be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM)
  • Register of Members & Share Transfer Books will remain closed from Thursday, September 24, 2026 to Wednesday, September 30, 2026 (both days inclusive)
  • Record date for AGM and final dividend: Wednesday, September 23, 2026
  • E-voting period: From Saturday, September 26, 2026 at 9:00 AM to Tuesday, September 29, 2026 at 5:00 PM
  • Cut-off date for determining voting rights entitlement: September 23, 2026

3. Document Approvals

  • Approved Director's Report for financial year ended March 31, 2026
  • Approved Notice of 31st Annual General Meeting
  • Approved Annual Report for financial year 2025-26

4. Auditor Appointment

  • Appointed M/s. Jaymin Modi & Co. as Scrutinizer for the 31st Annual General Meeting
  • Subject to shareholder approval, appointed M/s CLB & Associates, Chartered Accountants as Statutory Auditors for 5 consecutive years
  • Auditor tenure: from conclusion of 31st AGM (September 30, 2026) till conclusion of 36th AGM in 2031
  • Noted completion of tenure of existing statutory auditor M/s ABN & Co. at the ensuing 31st AGM

Auditor Details (Annexure A)

New Auditor: M/s CLB & Associates

  • Reason: Appointment as Statutory Auditors effective from conclusion of 31st AGM until conclusion of 36th AGM
  • Profile: Partnership of professionally qualified and experienced professionals committed to adding value
  • Director relationships: Not Applicable

Previous Auditor: M/s ABN & Co.

  • Reason: Completion of tenure as Statutory Auditors effective from conclusion of 31st AGM
  • Profile: Not Applicable
  • Director relationships: Not Applicable