Meeting Details

  • Date: Tuesday, 4th August, 2026
  • Time: 03:00 PM
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Type of Meeting: 57th Annual General Meeting

Proposed Resolutions and Implications

The AGM considered five resolutions:

Ordinary Business:

1. Adoption of Audited Standalone and Consolidated Financial Statements for year ended 31st March 2026

2. Declaration of dividend

3. Re-appointment of Shri A B Parekh (DIN: 00035317) as Director retiring by rotation

4. Re-appointment of Shri Kavinder Singh (DIN: 06994031) as Director retiring by rotation

Special Business:

5. Approval for ratification of payment of remuneration to M/s. V J Talati & Co., Cost Auditors for financial year ending 31st March 2027

Voting Process and Methods

The Company provided multiple voting facilities:

  • Remote e-voting: Available from Friday, 31st July 2026 at 9:00 AM to Monday, 3rd August 2026 at 5:00 PM through NSDL platform
  • E-voting at AGM: Available during the meeting for shareholders who hadn't voted remotely
  • Voting platform: NSDL e-voting system
  • Voting closure: 15 minutes after meeting conclusion at 4:00 PM
  • Record date: 28th July 2026
  • Total shareholders on record date: 521,369

Key Voting Outcomes

Overall Participation

  • Total outstanding shares: 1,017,787,907
  • Total votes polled: 883,536,909 shares (86.8095% of outstanding shares)
  • No physical attendance: Meeting conducted entirely virtually
  • VC attendance: 33 Promoter group members, 64 Public shareholders

Resolution-wise Results:

Resolution 1: Adoption of Financial Statements

  • Total votes: 883,536,909 shares (86.8095% participation)
  • In favor: 881,799,431 shares (99.8033%)
  • Against: 1,737,478 shares (0.1967%)
  • Invalid: 0 shares

Resolution 2: Declaration of Dividend

  • Total votes: 883,657,301 shares (86.8214% participation)
  • In favor: 883,642,757 shares (99.9984%)
  • Against: 14,544 shares (0.0016%)
  • Invalid: 0 shares

Resolution 3: Re-appointment of Shri A B Parekh

  • Total votes: 883,655,338 shares (86.8212% participation)
  • In favor: 858,199,285 shares (97.1192%)
  • Against: 25,456,053 shares (2.8808%)
  • Invalid: 0 shares

Resolution 4: Re-appointment of Shri Kavinder Singh

  • Total votes: 883,655,258 shares (86.8212% participation)
  • In favor: 880,012,921 shares (99.5878%)
  • Against: 3,642,337 shares (0.4122%)
  • Invalid: 0 shares

Resolution 5: Ratification of Cost Auditor Remuneration

  • Total votes: 883,655,430 shares (86.8212% participation)
  • In favor: 882,493,492 shares (99.8685%)
  • Against: 1,161,938 shares (0.1315%)
  • Invalid: 0 shares

Category-wise Voting Breakdown:

Promoter and Promoter Group (704,738,560 shares)

  • Participation: 97.4609% across all resolutions
  • Unanimous support (100%) for all resolutions

Public Institutions (219,043,089 shares)

  • Participation: 88.9050-88.9599% across resolutions
  • High approval rates (86.9373-99.9939%) varying by resolution

Public Non-Institutions (94,006,258 shares)

  • Participation: 2.0763-2.0767% across resolutions
  • Very high approval rates (99.6510-99.8888%) across all resolutions

Scrutinizer's Role and Findings

  • Scrutinizer: Mitesh Dhabliwala of Parikh & Associates, Practising Company Secretaries
  • Appointment: By Board of Directors of Pidilite Industries Limited
  • Responsibilities: Scrutiny of remote e-voting and electronic voting at AGM
  • Findings: All resolutions passed with requisite majority
  • Conclusion: Voting process complied with Section 108 of Companies Act 2013 and Rule 20 of Companies (Management and Administration) Rules 2014

Compliance Confirmation

The meeting was conducted in accordance with:

  • Companies Act 2013 and Rules thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
  • MCA circulars and SEBI circulars including Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 03, 2024
  • Master Circular No. SEBI/HO/CFD-PoD2/CIR/P/0155 dated November 11, 2024

Additional Information

  • Live webcast of proceedings was available on NSDL portal
  • All Directors, Committee Chairpersons, CFO, and Auditors were present virtually
  • 8 shareholders raised queries during the meeting which were addressed by management
  • Necessary registers and documents were available for inspection as per notice dated 7th May 2026
  • Results available on company website (www.pidilite.com) and NSDL website (www.evoting.nsdl.com)