Key Quantitative Figures

  • Final Dividend: ₹0.75 (75%) per equity share of face value ₹1 each for FY 2025-26.
  • Cost Auditor Remuneration: ₹1,00,000 (Rupees One Lac only) plus applicable taxes and reimbursement of out-of-pocket expenses for FY 2026-27.
  • Proposed Statutory Auditor Fee: Not exceeding ₹77 lakhs (Rupees Seventy Seven Lakhs) plus applicable taxes for FY 2026-27.
  • Director Remuneration (Mr. CK Birla, FY 2025-26): ₹49.50 lakh (sitting fees and commission).
  • Shareholding of Mr. CK Birla: 34,85,893 shares held in his name.

Dates of Action

  • AGM Date: Wednesday, July 22, 2026, at 3:30 p.m. (IST).
  • Record Date for Dividend: Friday, July 10, 2026.
  • Dividend Payment Date: On or before August 21, 2026.
  • Remote E-Voting Period: From Friday, July 17, 2026, at 09:00 A.M. (IST) to Tuesday, July 21, 2026, at 05:00 P.M. (IST).
  • Cut-off Date for Voting Eligibility: July 15, 2026.
  • Deadline for Speaker Registration: July 15, 2026 (5:00 p.m. IST).
  • Deadline for TDS Document Submission: July 10, 2026.

Parties Involved

  • Outgoing Statutory Auditor: M/s. S R Batliboi & Co. LLP (Firm Reg. No. 301003E/E300005).
  • Proposed Statutory Auditor: M/s. Price Waterhouse Chartered Accountants LLP (Firm Reg. No. 012754N/N500016).
  • Cost Auditor: Mr. Somnath Mukherjee, Cost Accountant (M. No.- 5343).
  • Scrutinizer: Mr. Atul Kumar Labh, Company Secretary in Practice (C.P. No. 3238) of M/s. Labh & Labh Associates.
  • E-Voting & VC/OAVM Provider: National Securities Depository Limited (NSDL).
  • Registrar and Share Transfer Agent (RTA): KFin Technologies Limited.
  • Regulators Referenced: SEBI, Ministry of Corporate Affairs (MCA).

Purpose and Rationale

The notice is issued to inform shareholders and the stock exchanges about the 10th AGM and the business to be transacted, which includes:

1. Adoption of audited financial statements for FY ended March 31, 2026.

2. Declaration of a final dividend.

3. Re-appointment of a director retiring by rotation (Mr. CK Birla).

4. Appointment of new Statutory Auditors as the term of the incumbent auditor is ending due to statutory rotation requirements.

5. Ratification of remuneration for the Cost Auditor for the ensuing year.

The AGM will be held entirely through Video Conferencing/Other Audio Visual Means (VC/OAVM) in compliance with MCA Circular No. 14/2020 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133.

Financial and Operational Impact

The declaration and payment of the dividend will result in a cash outflow from the company's profits. The appointment of a new auditor and the ratification of the cost auditor's fee represent ongoing operational expenses. No specific quantified overall financial impact on profitability or net worth is provided beyond the disclosed fees.

Capital Structure Impact

No change to the share capital is proposed or disclosed in this notice. The dividend declaration is an appropriation of profits and does not alter the issued capital.

Cash Flow Implications

An outflow of cash equivalent to the total dividend amount (number of shares eligible × ₹0.75) will occur on or before August 21, 2026. Outflows for auditor and cost auditor fees will occur as per the agreed terms.

Other Material Information

  • Virtual Meeting Logistics: The meeting will be held via VC/OAVM facilitated by NSDL. Attendance is on a first-come-first-served basis for the first 1000 members, excluding large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors.
  • Voting: Members can vote remotely via NSDL's e-voting platform between July 17-21, 2026, or during the meeting on July 22, 2026.
  • Dividend Taxation: Detailed instructions are provided for resident and non-resident shareholders regarding TDS rates, form submissions (e.g., Form 121 for residents, TRC and Form 41 for non-residents), and deadlines.
  • KYC Compliance: Emphasis is placed on shareholders (especially physical holders) updating KYC details (PAN, contact, bank details, signature) with the RTA to ensure seamless receipt of dividends and other communications, as mandated by SEBI Master Circular dated February 6, 2026.
  • Dematerialization: Shareholders are strongly encouraged to dematerialize physical shares.
  • Unclaimed Dividends/Shares: Dividends unclaimed for 7 years are transferred to the Investor Education and Protection Fund (IEPF), followed by the corresponding shares.