Meeting Details

The 62nd Annual General Meeting was held on September 8, 2026 at 11:00 a.m. through Video Conferencing/Other Audio Visual Means. The meeting commenced at 11:00 a.m. and concluded at 1:06 p.m.

Attendance

Present at venue:

  • Mr. Kumar Venkatasubramanian, Managing Director
  • Ms. Srividya Srinivasan, Whole-time Director & Chief Financial Officer
  • Ms. Flavia Machado, Sr. Manager- Secretarial

Directors participating virtually:

  • Dr. Ashima Goyal, Independent Director
  • Mr. Gurcharan Das, Independent Director
  • Ms. Sonali Dhawan, Non-Executive Director
  • Mr. Ghanashyam Hegde, Non-Executive Director

Representatives of Statutory Auditors, Cost Auditors, and Secretarial Auditors also joined the meeting.

Key Procedural Information

  • Notice of AGM along with Annual Report for financial year 2025-26 was sent to shareholders electronically as per MCA and SEBI circulars
  • Auditors' Report contained no qualifications or observations
  • Live streaming available on NSDL website
  • Statutory registers available for electronic inspection on e-voting system
  • E-voting facility commenced on September 4, 2026 at 9:00 a.m. and ended on September 7, 2026 at 5:00 p.m.
  • Mr. Kamalax G. Saraf, Practicing Company Secretaries, appointed as Scrutinizer
  • Voting results to be announced within two working days of meeting conclusion

Resolutions Passed

Ordinary Business:

1. Adoption of Financial Statements for financial year ended March 31, 2026, together with Reports of Auditors and Directors (Ordinary Resolution)

2. Confirmation of interim dividend payment and declaration of final dividend for financial year ended March 31, 2026 (Ordinary Resolution)

3. Re-appointment of Mr. Pramod Agarwal, Non-Executive Director, retiring by rotation (Ordinary Resolution)

Special Business:

4. Appointment of Ms. Srividya Srinivasan as Whole-time Director of the Company, liable to retire by rotation (Ordinary Resolution)

5. Ratification of payment of remuneration to Cost Auditor for financial year 2026-27 (Ordinary Resolution)

6. Approval of Material Related Party Transaction for Purchase of goods (Ordinary Resolution)

Management Presentation

Mr. Kumar Venkatasubramanian, Managing Director, presented on the company's financial performance and business strategy. The presentation highlighted:

  • Superior results over the past 10 years based on published results
  • Net sales (revenue from operations) performance
  • PAT excluding OCI
  • ROE (PAT/Avg. Equity)
  • Note: FY 2024-25 was a 9-month year due to fiscal year change (July 1, 2024 to March 31, 2025)

Strategic Focus Areas

  • Integrated Growth Strategy
  • Portfolio performance driving brand choice (Feminine Care, Health Care including Vicks products)
  • Superiority to win with consumers through product, packaging, communication, and retail execution
  • Productivity to fuel investments through operational efficiency
  • Constructive disruption across the business
  • Investing in data and platforms for operational efficiency and accuracy
  • Organization focus on empowered, agile, and accountable culture
  • Employee wellbeing and superior employee value equation
  • Social impact: Improving learning outcomes impacting 1+ crore children
  • External recognition achievements

Voting Process

Members who had not voted during the remote e-voting period were eligible to vote through the e-voting system within 30 minutes after conclusion of the AGM. The e-voting portal closed at 1:36 p.m.