Key Dates and Logistics

  • The 44th AGM is scheduled for Wednesday, July 22, 2026, at 09:30 AM IST.
  • The meeting will be held in physical mode at the company's Registered Office: J-7, MIDC, Hingna Road, Nagpur, Maharashtra-440 016.
  • The Register of Members and Share Transfer Books will remain closed from July 15, 2026, to July 22, 2026 (both days inclusive) for the purpose of the AGM and dividend.
  • The Record Date for determining entitlement to the final dividend is July 14, 2026.
  • The Cut-off Date for determining eligibility to vote via remote e-voting or at the AGM is July 14, 2026.

Agenda and Resolutions

Ordinary Business

1. To receive, consider, and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors.

2. To declare a final dividend on equity shares. The Board has recommended a final dividend of ₹9 (90%) per equity share of ₹10 each.

3. To appoint a director in place of Mr. Karanpal Sethi (DIN: 01711384), who retires by rotation and offers himself for re-appointment.

4. To appoint a director in place of Mr. Joe Paul (DIN: 00129522), who retires by rotation and offers himself for re-appointment.

Special Business

5. To ratify the remuneration of the Cost Auditor for FY 2026-27. The Board, on the recommendation of the Audit Committee, has approved the reappointment of M/s Manisha & Associates, Cost Accountants (Mem No. 21359), Nagpur. The resolution seeks member approval for a remuneration of ₹85,000 (plus applicable taxes and reimbursement of out-of-pocket expenses).

Director Information (As per Regulation 36)

  • Mr. Karanpal Sethi: Date of Birth: 19-08-1986; Nationality: Indian; Appointment Date: 01/06/2009; Qualification: B.Sc. (Finance & Accounting); Experience: 19+ years in Mechanical and Fluid Power Transmissions; Relationship: Son of Chairman & MD Mr. Amarpal Sethi; Shareholding: 7.13%.
  • Mr. Joe Paul: Date of Birth: 08-03-1962; Nationality: Indian; Appointment Date: 01-05-2000; Qualification: B.Com, MIRPM; Experience: 44+ years in factory management and HR; Relationship: Brother of Whole Time Director Ms. Shirley Paul; Shareholding: 0.22%.

Both directors hold no directorships in other listed entities.

Dividend and Tax Information

  • The final dividend of ₹9 per share, if declared, will be paid to members on the register as of July 14, 2026.
  • TDS will apply: Dividend income is taxable, and the company will deduct TDS at prescribed rates under the Income Tax Act, 2025.
  • No TDS will be deducted for individual members if the dividend does not exceed ₹10,000.
  • Resident individual shareholders not liable to pay tax can submit a Form 12B declaration with PAN by July 14, 2026, to cosecretary@pixtrans.com to avoid TDS.
  • Higher TDS at 20% will be applied if PAN is not registered or is inoperative due to non-linking with Aadhaar.
  • Non-resident shareholders (including FIIs/FPIs) must provide necessary documents (TRC, Form 10F, etc.) by July 14, 2026, to avail beneficial tax treaty rates.

E-Voting Details

  • The company provides a remote e-voting facility through NSDL.
  • The remote e-voting period is from July 19, 2026, at 09:00 AM to July 21, 2026, at 05:00 PM.
  • Mr. Sahib Chauhan (CA, Membership No. 146408) has been appointed as the Scrutinizer to oversee the voting process.
  • Detailed instructions for shareholders holding shares in both demat and physical form are provided for accessing the e-voting system.

Unpaid Dividend and IEPF

  • A table details unpaid dividends due for transfer to the Investor Education and Protection Fund (IEPF), with transfer dates ranging from September 28, 2026, for FY 2018-19's dividend to September 30, 2032, for FY 2024-25's dividend.
  • Shareholders whose shares/dividends have been transferred to IEPF can claim them by applying via Form IEPF-5 on the MCA portal.

Other Shareholder Updates

  • The notice highlights recent SEBI circulars, including a simplified procedure for issuing duplicate share certificates (increased threshold to ₹10 Lakhs) and a special window for transferring/dematerializing physical shares (Feb 5, 2026, to Feb 4, 2027).
  • Shareholders are urged to update KYC details (PAN, nomination, contact info, bank details) to avoid transfers to IEPF under the "Saksham Niveshak" campaign.
  • The Annual Report for FY 2025-26 is available on the company's website (https://www.pixtrans.com/). Hard copies can be requested via email.

Registered Office and Contact

PIX Transmissions Ltd.

J-7, MIDC, Hingna Road, Nagpur - 440 016

Tel: 07104-669000

Company Secretary: cosecretary@pixtrans.com

RTA: MUFG Intime India Pvt. Ltd. | Email: Investor.helpdesk@in.mpms.mufg.com | Tel: 022-4918 6000