AGM Details
- Meeting Date: Friday, 11th September 2026
- Time: 4:30 PM IST
- Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM) only - no physical attendance
- Record Date: Friday, 4th September 2026
- Book Closure: 4th September 2026 to 11th September 2026 (both days inclusive)
Ordinary Business Items
1. Adoption of Financial Statements
To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended 31st March 2026 along with reports of Board of Directors and Statutory Auditors.
2. Reappointment of Director
Reappointment of Smt Jayshree Sandu (DIN: 07480177) who retires by rotation. She currently holds 737,000 shares in the company.
3. Dividend Declaration
Declaration of final dividend at the rate of ₹1.00 per share (10% on paid-up capital with face value of ₹10 each) for financial year ended 31st March 2026.
- Dividend Amount: ₹1 per equity share
- Payment Date: On or before 25th September 2026
- Record Date: 4th September 2026
- TDS Applicable: Yes, as per Finance Act 2020 provisions
4. Appointment of Statutory Auditors
Appointment of M/s. Dave & Dave, Chartered Accountants (Firm Registration No. 102163W) as Statutory Auditors for a term of 5 years from conclusion of 41st AGM until conclusion of 46th AGM in 2031, replacing existing auditors M/s Dileep and Prithvi (Firm Registration No. 122290W).
Special Business Items
5. Ratification of Cost Auditor's Remuneration
Ratification of remuneration of ₹1,30,000 per annum plus applicable taxes and out-of-pocket expenses for M/s. Shekhar Joshi & Co (Firm Registration No: 100448) as Cost Auditor for financial year 2026-27.
6. Approval of Material Related Party Transactions
Approval for material related party transactions with Sandu Brothers Private Limited for aggregate value not exceeding ₹100 crore between conclusion of 41st AGM and conclusion of 42nd AGM in 2027.
Related Party Details:
- Sandu Brothers Private Limited (Manufacture and Marketing of Ayurvedic Medicine)
- Promoters/Directors of Sandu Pharmaceuticals hold 78.82% shares in Sandu Brothers
- Shareholders of Sandu Brothers hold 37.78% shares in Sandu Pharmaceuticals
Historical Transactions:
- FY 2025-26: Total transactions worth ₹17.35 crore (Purchases: ₹16.48 crore, Sales: ₹40.78 lakh, Royalty: ₹1.27 crore)
- Current FY (until latest quarter): Total transactions worth ₹21.80 crore
- Royalty payments: FY 2025-26: ₹1.27 crore, FY 2024-25: ₹1.10 crore, FY 2023-24: ₹1.19 crore
Financial Performance of Related Party:
- FY 2025-26 Turnover: ₹25.56 crore
- FY 2025-26 Profit after tax: ₹1.59 crore
7. Redesignation of Balram Viswanathan as Chairman & Managing Director
Redesignation of Shri Balram Viswanathan (DIN: 10245195) from Chairman and Non-Executive Independent Director to Chairman and Managing Director for 3 years from 11th July 2026 to 10th July 2029.
Remuneration Details:
- FY 2026-27: ₹45,00,000 per annum
- FY 2027-28: ₹54,00,000 per annum
- FY 2028-29: ₹66,00,000 per annum
- Additional perquisites limited to amount equal to salary drawn
- Company PF contribution, gratuity (max half month's salary per completed year), leave encashment
- No sitting fees for board/committee meetings
Qualifications: B.Com., FCA, CPA (USA) with 30+ years experience in financial services
8. Appointment of Independent Director
Appointment of Smt Dr Neeti Madan Kapre (DIN: 06801264) as Non-Executive Independent Director effective 11th July 2026.
Qualifications: MBBS, MS(ENT), DNB(ENT) - Gold Medallist, various medical society memberships
Voting Arrangements
- Remote e-voting period: 8th September 2026 (10:00 AM) to 10th September 2026 (5:00 PM)
- E-voting service provider: NSDL
- Scrutinizer: CS Swapnil Dixit, Practicing Company Secretary
- Results declaration: Within 2 days of AGM on company website and BSE
Dividend Payment Instructions
- Payment only through electronic mode (NECS/NEFT/RTGS)
- Physical shareholders must submit KYC details (PAN, bank details, specimen signature) by 4th September 2026
- TDS applicable as per Income Tax Act
- Unclaimed dividends for 7+ years transferred to IEPF
Important Dates
- Record Date: 4th September 2026
- Remote e-voting: 8th-10th September 2026
- AGM Date: 11th September 2026
- Dividend Payment: On or before 25th September 2026
Registrar & Transfer Agent
MUFG Intime India Private Limited (formerly Link Intime India Private Limited)