Meeting Details

  • Symbol (NSE): SCHAND
  • Meeting Type: 55th Annual General Meeting (AGM)
  • Meeting Date: Wednesday, September 23, 2026
  • Meeting Time: Commenced at 03:14 P.M. and concluded at 03:57 P.M.
  • Meeting Location: Conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Legal Basis: The meeting was held in accordance with the provisions of the Companies Act, 2013 and circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

Proposed Resolutions

The following five ordinary resolutions, as per the Notice of the 55th AGM, were proposed for shareholder approval:

1. Adoption of the Standalone Audited Financial Statements of the Company for the financial year ended March 31, 2026, and the Reports of Directors and Auditors thereon.

2. Adoption of the Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2026, and the Report of Auditors thereon.

3. Approval of an interim dividend of Rs. 4/- per equity share, to be treated as the final dividend for the financial year ended March 31, 2026.

4. Re-appointment of Ms. Savita Gupta (DIN: 00053988), who retires by rotation and offered herself for reappointment.

5. Re-appointment of M/s. Walker Chandiok & Co LLP as the Statutory Auditors of the Company.

Voting Process

  • Remote E-Voting: The company provided a remote e-voting facility to shareholders. The voting window was open from Saturday, September 19, 2026 (9:00 A.M.) until Tuesday, September 22, 2026 (5:00 P.M.).
  • Meeting Voting: Members who had not voted via remote e-voting were permitted to vote during the meeting via the NSDL website (www.evoting.nsdl.com) by entering their Demat Account No./Folio No. and an OTP.
  • Voting Window: The voting lines during the meeting remained open until 15 minutes after the meeting concluded at 03:57 P.M.
  • Scrutinizer: Mr. R.S. Bhatia, Practicing Company Secretary, was appointed as the Scrutinizer to conduct the voting process in a fair and transparent manner.

Key Attendees

The following dignitaries attended the meeting via VC/OAVM and were introduced:

  • Management & Board:
  • Mr. Desh Raj Dogra, Chairman of the Board
  • Mr. Himanshu Gupta, Managing Director
  • Ms. Archana Capoor, Non-Executive Independent Director
  • Mr. Rajagopalan Chandrashekhar, Non-Executive Independent Director
  • Ms. Savita Gupta, Non-Executive Director (Non-Independent)
  • Mr. Sharad Talwar, Non-Executive Independent Director
  • Mr. Saurabh Mittal, Chief Financial Officer
  • Mr. Atul Soni, Sr. Vice President Investor Relations & Strategy
  • Company Officials:
  • Mr. Jagdeep Singh, Company Secretary & Compliance Officer
  • Auditors & Scrutinizer:
  • Mr. Rahul Kool and Mr. Varun Tiwari, representatives of M/s. Walker Chandiok & Co LLP (Statutory Auditors)
  • Mr. R.S. Bhatia, Practicing Company Secretary (Scrutinizer and Secretarial Auditor)

Chairman's Address and Key Announcements

Mr. Desh Raj Dogra, Chairman, presided over the meeting. Key points from his address included:

  • The Statutory Registers and ESOP Certificates were available for inspection by members via a link on the VC meeting screen.
  • There were no qualifications, reservations, or adverse remarks in the Auditors' report on the Standalone & Consolidated Financial Statements for FY 2025-26.
  • There were no qualifications in the secretarial audit report.
  • He appraised members about the business and performance of the Company.

Shareholder Engagement

Shareholders who had registered as speakers were invited to ask questions. Questions were also accepted via an active chat-board during the meeting. The management clarified the queries raised, and shareholders appreciated the company's performance.

Outcome and Next Steps

  • The Scrutinizer, Mr. R.S. Bhatia, is to submit a consolidated report on all votes cast (remote and during the meeting) for each resolution to the Chairman.
  • Mr. Jagdeep Singh, Company Secretary, was authorized to declare the voting results.
  • The results are to be declared within 2 working days from the conclusion of the AGM.
  • The results will be made available on the company's website (www.schandgroup.com), the NSDL website (www.evoting.nsdl.com), and the websites of the stock exchanges (BSE and NSE).

Compliance Confirmation

The letter confirms that the meeting was conducted in compliance with the Companies Act, 2013, and the relevant circulars issued by the MCA and SEBI.