Pfizer Limited
Meeting Details
The 75th AGM was held on Tuesday, July 28, 2026, from 3:00 p.m. IST to 5:17 p.m. IST. The meeting was conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) from the company's Registered Office at The Capital, 1802/1901, Plot No. C - 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051.
Attendance
Directors Present: Mr. Pradip Shah (Chairman, Non-Independent Non-Executive Director), Ms. Meenakshi Nevatia (Managing Director), Mr. L. Krishnakumar (Independent Director), Ms. Meena Ganesh (Independent Director), Ms. Sonia Singh (Independent Director), Mr. Amit Agarwal (Executive Director – Finance & Chief Financial Officer), and Mr. P. Rengan (Executive Director – Plant Operations).
Company Secretary: Mr. Prajeet Nair (Director – Corporate Services & Company Secretary) attended from the Registered Office.
Auditors: The Statutory Auditors, Secretarial Auditor, and Cost Auditor attended the meeting via Video Conferencing.
Proceedings Summary
- The meeting was chaired by Mr. Pradip Shah.
- A tribute was paid to Late Mr. R.A. Shah, former Chairman of the Company, who passed away on May 11, 2026. Members observed a minute's silence in his respect.
- Mr. Prajeet Nair explained participation guidelines and confirmed the meeting was being recorded as per MCA and SEBI circulars. The video recording will be made available on the company website.
- Proxy facility was not provided as the meeting was virtual. Registers required under the Companies Act, 2013 were made available for inspection in electronic mode.
- Remote e-voting was provided for all resolutions. Mr. Nrupang B. Dholakia of Dholakia & Associates LLP was appointed as the Scrutinizer for remote e-voting and e-voting at the AGM.
- Mr. Pradip Shah delivered the Chairman's Speech.
- Ms. Meenakshi Nevatia, Managing Director, made a presentation covering the company's performance & financial highlights for the year ended March 31, 2026, new product introductions, business overview including key brand performance, Corporate Social Responsibility programs, Environmental Social & Governance initiatives, and key future focus areas.
- The Notice convening the AGM along with the electronic copy of the Annual Report for FY2025-26 was circulated to all members. Physical copies were sent to shareholders who requested them.
- The Independent Auditors' Report and Secretarial Auditor's Report had no qualifications or adverse remarks and were taken as read.
Business Transacted
Ordinary Business:
1. Adoption of Audited Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors (Ordinary Resolution).
2. Declaration of a dividend of ₹75 (750%) per equity share for the financial year ended March 31, 2026 (Ordinary Resolution).
3. Re-appointment of Mr. P. Rengan (DIN: 10362899) as a Director liable to retire by rotation (Ordinary Resolution).
Special Business:
4. Ratification of remuneration payable to M/s. Kishore Bhatia & Associates, Cost Accountants, for the financial year ending March 31, 2027 (Ordinary Resolution).
Shareholder Interaction and Voting
- The Chairman invited registered speaker shareholders for questions and suggestions. Ms. Meenakshi Nevatia responded to the queries.
- The e-voting window remained open until 15 minutes after the conclusion of the meeting.
- Results of the remote e-voting and e-voting will be declared within 2 working days from the conclusion of the AGM.
Conclusion
The meeting concluded at 5:17 p.m. IST on July 28, 2026.