Meeting Details
- Date: Tuesday, June 30, 2026
- Time: 09:00 a.m. (IST)
- Location: Conducted through Video Conferencing / Other Audio Visual Means (VC/OAVM)
- Type: Annual General Meeting
- Cut-off Date for Voting Eligibility: Tuesday, June 23, 2026
- Record Date for Dividend: Friday, June 19, 2026
- Book Closure Period: Saturday, June 20, 2026 to Tuesday, June 30, 2026 (both days inclusive)
Proposed Resolutions and Implications
Ordinary Business
1. Adoption of Audited Standalone Financial Statements: To receive, consider, and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026, along with reports of Board of Directors and Auditors.
2. Adoption of Audited Consolidated Financial Statements: To receive, consider, and adopt the Audited Consolidated Financial Statements for FY ended March 31, 2026, along with Auditors' report.
3. Declaration of Dividend: To declare a dividend of ₹47 per equity share (face value ₹10) for FY 2025-26, payable to members on the register as of June 19, 2026.
4. Re-appointment of Mr. Vijay Pratap Pandey: To re-appoint Mr. Vijay Pratap Pandey (DIN:07434880) as Executive Director liable to retire by rotation.
Special Business
5. Ratification of Cost Auditor Remuneration: To ratify remuneration of ₹1.40 million plus applicable taxes and expenses payable to R. Nanabhoy & Co., Cost Accountants, for auditing cost records for FY ending March 31, 2027.
Voting Process and Methods
- Remote E-Voting Period: Saturday, June 27, 2026 (09:00 a.m. IST) to Monday, June 29, 2026 (05:00 p.m. IST)
- E-Voting Platform: National Securities Depository Limited (NSDL)
- Voting Methods: Remote e-voting via NSDL platform and electronic voting during the AGM for participants who haven't voted remotely
- Voting Rights: Proportional to shares held as of cut-off date (June 23, 2026)
- Scrutinizer: BNP & Associates, Company Secretaries appointed to scrutinize the e-voting process
Key Voting Outcomes and Participation
- Results will be declared along with Scrutinizer's report within 48 hours of AGM conclusion
- Results will be placed on company website (www.polycab.com) and communicated to BSE and NSE within two working days
- Members attending via VC/OAVM will be counted for quorum under Section 103 of Companies Act, 2013
Compliance with Laws and Regulations
The notice confirms compliance with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations 30, 34(1), 44)
- Companies Act, 2013 (Sections 108, 152, 148, 102(1))
- Companies (Management and Administration) Rules, 2014
- MCA General Circulars permitting virtual AGMs
- SEBI Master Circular regarding electronic distribution of dividends
Signatories and Roles
- Manita Carmen A. Gonsalves: Vice President-Legal and Company Secretary (Membership No.: A18321)
- Scrutinizer: BNP & Associates (Contact: ab@bnpassociates.in)
- Registrar and Transfer Agent: KFin Technologies Limited
- E-Voting Service Provider: National Securities Depository Limited
Additional Financial and Procedural Information
- Dividend Payment Date: On or after Tuesday, June 30, 2026, subject to TDS deduction
- TDS Rates:
- 10% for resident members (except individuals receiving ≤₹10,000 annually)
- 20% plus surcharge and cess for non-resident members (unless DTAA benefits apply)
- Higher rates for invalid PAN or non-submission of required documents
- Dividend Payment Method: Exclusively electronic mode as per SEBI regulations
- Unpaid Dividend: No amount required transfer to IEPF for the year under review
- Share Transfer: Only in dematerialized form as per Regulation 40 of SEBI Listing Regulations
- Document Inspection: Register of Directors, KMP shareholding, and interested contracts available for electronic inspection via shares@polycab.com