Meeting Details
The 31st Annual General Meeting will be held on Tuesday, September 22, 2026 at 03:00 P.M. (IST) through Video Conferencing / Other Audio-Visual Means. The deemed venue is the Corporate Office at 18th Floor, One International Center, Tower 2, Senapati Bapat Marg, Prabhadevi, Mumbai – 400 013.
Ordinary Business Items
1. Adoption of Financial Statements
- To receive, consider and adopt the audited standalone financial statements for FY ended March 31, 2026 with Board of Directors' and Auditors' reports
- To receive, consider and adopt the audited consolidated financial statements for FY ended March 31, 2026 with Auditors' reports
2. Dividend Declaration
- To declare a final dividend of ₹10 per equity share on face value of ₹10 each (@100%) for financial year ended March 31, 2026
- Record date for dividend entitlement: Friday, August 28, 2026
- Dividend payment to be made within 30 days from AGM date (by October 22, 2026)
- Tax will be deducted at source as per Income-tax Act, 2025
3. Director Re-appointment
- To appoint Mr. Shailesh Haribhakti (DIN: 00007347) who retires by rotation and offers himself for re-appointment
- Mr. Haribhakti is a Non-Executive Non-Independent Director, 70 years old, first appointed May 23, 2012
- FY25-26 remuneration: Sitting Fees – ₹27 lakhs, Commission – ₹16 lakhs
- Holds directorships in multiple listed companies including Adani Power Ltd, Bajaj Electricals Ltd, TVS Motor Company Ltd, and Swiggy Ltd
4. Statutory Auditor Appointment
- To appoint M/s. T R Chadha & Co LLP, Chartered Accountants (Firm Registration No. 006711N/N500028) as Statutory Auditors
- Term: 5 consecutive years from conclusion of 31st AGM until conclusion of 36th AGM
- Remuneration for FY26-27: ₹61 lakhs (excluding applicable taxes and out-of-pocket expenses)
- Replaces M/s. BSR & Associates LLP who completed two consecutive terms
- Selection process involved RFP process, shortlisting based on comprehensive assessment criteria
Voting Arrangements
- Remote e-voting period: Friday, September 18, 2026 at 09:00 A.M. to Monday, September 21, 2026 at 05:00 P.M.
- Cut-off date for voting eligibility: Friday, September 11, 2026
- E-voting services provided by National Securities Depository Limited (NSDL)
- Members can also vote during the AGM through VC/OAVM facility
Dividend Tax Information
- Dividend taxable at shareholders' hands with TDS deduction by company
- Higher TDS rates apply for incorrect/invalid/inoperative PAN or non-filing of income tax returns
- Resident individual shareholders with income below taxable limit can submit Form No. 121 for non-deduction
- Non-resident shareholders can avail beneficial tax treaty rates by submitting required documents
- Unclaimed dividends for 7 years will be transferred to Investor Education and Protection Fund (IEPF)
Document Availability
- Notice available on company website: https://www.proteantech.in/financial-reports/
- Also available on NSDL website: www.evoting.nsdl.com
- Available on stock exchange websites: www.bseindia.com and www.nseindia.com
Scrutiniser Appointment
- CS Malati Kumar (ACS 15508; COP 10980) or failing him CS Aparna Gadgil (ACS 14713; COP 8430) of M/s. S. N. ANANTHASUBRAMANIAN & CO., Company Secretaries appointed as Scrutiniser
- Scrutiniser to submit report within 2 working days of AGM conclusion
- Results to be placed on company website and NSDL website after submission to stock exchanges