Meeting Details

The 43rd Annual General Meeting will be held on Friday, July 31, 2026 at 12:00 PM IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM) without physical presence of members.

Ordinary Business Agenda

1. To receive, consider and adopt:

  • Audited Standalone Financial Statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors
  • Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of Auditors

2. To declare dividend of ₹2.00 (Rupees Two Only) per equity share of face value of ₹10/- each for financial year ended March 31, 2026

3. To appoint a Director in place of Mr. Narendra Goliya (DIN: 00315870) who retires by rotation under Section 152(6) of Companies Act, 2013

4. To appoint a Director in place of Mr. Dineshkumar Musalekar (DIN: 02039938) who retires by rotation under Section 152(6) of Companies Act, 2013

Special Business Agenda

5. Ratification of Cost Auditor Remuneration: Ordinary Resolution to ratify remuneration of ₹60,000 (Rupees Sixty Thousand) plus out of pocket expenses payable to Hareesh K. Shetty & Co., Cost Accountants (Firm Registration Number 101879) for financial year ending March 31, 2027

6. Change in Designation: Ordinary Resolution to approve change in designation of Mr. Dineshkumar Musalekar (DIN: 02039938) from Whole-Time Director to Managing Director for period of five years from May 18, 2026 to May 17, 2031

7. Revision in Remuneration: Special Resolution to approve revised remuneration for Mr. Dineshkumar Musalekar, Managing Director, comprising:

  • ₹14,000,000 (Rupees Fourteen million) structured into 12 monthly equated salaries from April 1, 2026 to March 31, 2027
  • €42,000 (Forty-Two Thousand Euro) structured into 12 monthly equated salaries at Lumel S.A.
  • €36,000 (Thirty-Six Thousand Euro) structured into 12 monthly equated salaries at Lumel Alucast Sp. Z o.o
  • Business class travel for Self, and for Spouse once every year
  • Approval for payment upto two hundred percent of net profits for year 2026-27 as per Section 197, 198 and Schedule V of Companies Act, 2013

Voting Arrangements

  • Remote e-voting facility provided through NSDL for all resolutions
  • Voting rights reckoned on paid-up value of shares as on cut-off date: July 24, 2026
  • Remote e-voting period: July 28, 2026 (9:00 AM) to July 30, 2026 (5:00 PM)
  • Scrutinizer: Mr. Hrishikesh Wagh (FCS-7993), Designated Partner of M/s. KANJ & Co., LLP
  • Results to be declared within 2 working days of meeting conclusion and posted on company website

Dividend Details

  • Final dividend of ₹2 per equity share recommended by Board on May 18, 2026
  • If approved, dividend will be paid on or before August 29, 2026
  • Record date for dividend: July 24, 2026
  • TDS will be deducted as per Income Tax Act, 1961

Additional Information

  • Company shares listed on BSE Limited and National Stock Exchange of India Limited
  • Annual Listing Fees for Financial Year 2026-27 paid to stock exchanges
  • M/s. MSKA & Associates, Chartered Accountants continue as Statutory Auditors until 44th AGM
  • Members can request hard copy of Annual Report by email to cs@rishabh.co.in