Meeting Details

The 32nd Annual General Meeting of Sahyadri Industries Limited was held on Monday, 17th August 2026 at 03:35 PM through Video Conferencing / Other Audio-Visual Means. The meeting started at 03:35 PM and ended at 04:44 PM.

Scrutinizer Appointment

Ashwini Inamdar, Practicing Company Secretary and Partner at M/s. Mehta & Mehta, Company Secretaries, was appointed as Scrutinizer by the Board of Directors on 09-05-2026. The scrutinizer's report was issued to the company on 18-08-2026.

Voting Process

The company engaged National Securities Depository Limited (NSDL) for remote e-voting services. The remote e-voting period commenced on Friday, August 11, 2026 at 9:00 AM IST and ended on Sunday, August 16, 2026 at 5:00 PM IST. The cut-off date for determining voting eligibility was Monday, August 10, 2026.

Shareholder Statistics

Total number of shareholders on record date: 10,638

Shareholders attended through video conferencing: 48 (18 Promoters and Promoter Group, 30 Public)

Resolution Details

Item No. 1: Ordinary Resolution

To receive, consider and adopt the audited financial statements for the financial year ended 31st March, 2026 together with the report of the auditors' and board of directors.

  • Remote e-voting: 32 members voted representing 78,16,707 shares
  • E-voting at AGM: 50 members voted
  • Consolidated: 33 members voted representing 78,16,757 shares
  • Votes in favor: 100.0000%
  • Votes against: 0.0000%
  • Resolution: Passed

Item No. 2: Ordinary Resolution

To appoint Mr. Tuljaram Maheshwari (DIN: 00063688) as a director who retires by rotation.

  • Remote e-voting: 31 members voted representing 77,91,757 shares
  • E-voting at AGM: 50 members voted
  • Consolidated: 32 members voted representing 77,91,757 shares
  • Votes in favor: 100.0000%
  • Votes against: 0.0000%
  • Resolution: Passed

Item No. 3: Ordinary Resolution

To declare a final dividend of ₹1.5 per equity share for FY2025-26.

  • Remote e-voting: 32 members voted representing 78,16,707 shares
  • E-voting at AGM: 50 members voted
  • Consolidated: 33 members voted representing 78,16,757 shares
  • Votes in favor: 100.0000%
  • Votes against: 0.0000%
  • Resolution: Passed

Item No. 4: Ordinary Resolution

To re-appoint M/s Joshi Apte & Company, Statutory Auditors for a 2nd term of five years and fix their remuneration.

  • Remote e-voting: 31 members voted representing 78,16,706 shares (3 votes against)
  • E-voting at AGM: 50 members voted
  • Consolidated: 32 members voted representing 78,16,756 shares
  • Votes in favor: 100.0000%
  • Votes against: 0.0000%
  • Resolution: Passed

Item No. 5: Ordinary Resolution

To ratify remuneration payable to Cost Auditor Mr. Narhar K. Nimkar for FY2026-27.

  • Remote e-voting: 31 members voted representing 78,16,617 shares (92 votes against)
  • E-voting at AGM: 50 members voted
  • Consolidated: 32 members voted representing 78,16,667 shares
  • Votes in favor: 99.9988%
  • Votes against: 0.0012%
  • Resolution: Passed

Item No. 6: Special Resolution

To re-appoint Mr. Ankem Sri Prasad Mohan (DIN: 09413926) as Independent Director for second term of five years.

  • Remote e-voting: 30 members voted representing 78,16,616 shares (93 votes against)
  • E-voting at AGM: 50 members voted
  • Consolidated: 31 members voted representing 78,16,666 shares
  • Votes in favor: 99.9988%
  • Votes against: 0.0012%
  • Resolution: Passed (special majority requirement met)

Shareholding Pattern Analysis

Total outstanding shares: 1,09,46,300

Promoter and Promoter Group holding: 77,84,791 shares (71.10%)

Public Institutions holding: 1,000 shares (0.009%)

Public Non-Institutions holding: 31,60,509 shares (28.89%)

Financial Impact

The declaration of final dividend of ₹1.5 per equity share will result in cash outflow to shareholders. The exact total dividend amount is not quantified in the disclosure.