AGM Details

The 40th AGM will be held on Thursday, 13th August 2026 at 10:00 a.m. IST through Video Conferencing/Other Audio Video Visual Means (VC/OAVM). The deemed venue is the Registered Office at "Praj Tower", S. No. 274 & 275/2, Bhumkar Chowk-Hinjewadi Road, Hinjewadi, Pune 411 057.

Ordinary Business

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

2. To receive, consider and adopt the Audited Consolidated Financial Statements for the financial year ended 31st March 2026 with report of the Auditors.

3. To declare dividend of ₹3.60 (180%) per equity share of ₹2 each for the financial year ended 31st March 2026.

4. To consider retirement of Mr. Berjis Desai (DIN: 00153675), Non-Executive Non-Independent Director, by rotation under Section 152 of the Companies Act, 2013, and not to fill up the resultant vacancy. Mr. Desai has not offered himself for reappointment due to his appointment as a Member of National Commission for Minorities, New Delhi.

Special Business

5. To approve appointment of Ms. Rujuta Jagtap (DIN: 00861890) as an Independent Director for the second term of three years with effect from 21st August 2026 till 20th August 2029. This requires a Special Resolution.

  • Ms. Jagtap was first appointed on 21st August 2023 for a three-year term ending 20th August 2026.
  • The Nomination & Remuneration Committee recommended her reappointment on 28th May 2026.
  • She holds no shares in the company and received remuneration of ₹0.75 Mn for FY2025-26.
  • She serves on multiple committees: Stakeholders' Relationship Committee, CSR & Sustainability Committee, Share Transfer Committee, and Compensation & Share Allotment Committee.
  • Her other directorships include: Praj HiPurity Systems Limited, Techknowgreen Solutions Limited, SAJ Test Plant Private Limited, and SAJ Leasing & Finance Private Limited.

6. To ratify the remuneration of Dhananjay V. Joshi & Associates, Cost Accountants (Firm Registration No. 00030) as Cost Auditors for FY2026-27 for a total remuneration of ₹0.325 Mn as Audit fees plus out-of-pocket expenses at actual plus applicable taxes. This requires an Ordinary Resolution.

Record Date and Dividend Information

  • Record Date for dividend: Thursday, 6th August 2026
  • Dividend will be payable to shareholders whose names are registered as beneficial owners/members as of this date
  • Dividend payment deadline: 11th September 2026
  • During FY2025-26, the company transferred unpaid dividend of ₹12,67,262 to Investor Education and Protection Fund (IEPF)
  • The company transferred 14,690 equity shares pertaining to FY2017-18 to IEPF on 15th October 2025 due to unclaimed dividends for seven consecutive years

Voting Arrangements

  • Remote e-voting period: Monday, 10th August 2026 (9:00 AM) to Wednesday, 12th August 2026 (5:00 PM)
  • Scrutinizer: Mr. Nishad Umranikar, Partner, MSN Associates, Practising Company Secretaries
  • Members can vote through NSDL, CDSL, or InstaVote platforms
  • Members must register as speakers by 7th August 2026 by 5:00 PM IST to ask questions during AGM

Tax Deduction at Source (TDS) Information

  • TDS rates: 10% for resident shareholders (subject to conditions), 20% or DTAA rate for non-residents
  • No TDS for resident individuals if total dividend during financial year does not exceed ₹10,000
  • Shareholders must submit relevant tax forms (Form 15G/15H for residents, TRC and Form 10F for non-residents) by 13th August 2026 by 5:00 PM IST
  • Dividend will be paid electronically where bank details are available, otherwise by dividend warrant

Additional Information

  • The AGM is conducted under MCA General Circular No. 03/2025 dated 22nd September 2025 and SEBI Circular dated 3rd October 2024
  • Members are encouraged to update their email addresses, PAN details, and bank account information
  • The company has initiated a "Second 100 days campaign" from 1st April 2026 to 9th July 2027 to facilitate KYC updates and dividend claims
  • Queries regarding financial statements must be submitted by 7th August 2026 to investorsfeedback@praj.net