Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding outcomes of the Board of Directors meeting held on September 02, 2026.
The Board meeting commenced at 6:00 PM and concluded at 7:30 PM.
Key decisions taken:
- Recommended a final dividend of ₹1 per equity share (face value ₹1 each), representing 100%, for the financial year ended March 31, 2026. This is subject to approval by shareholders at the ensuing Annual General Meeting.
- Approved the Notice convening the 42nd Annual General Meeting (AGM), Directors' Report and its annexures, Management Discussion and Analysis Report, and other related documents forming part of the Annual Report for FY 2025-2026.
- Approved Thursday, September 24, 2026, at 3:00 PM as the date and time for the 42nd AGM. The meeting will be held at Hyatt Regency Ahmedabad, 17/A, Ashram Road, Usmanpura, Ahmedabad, Gujarat – 380014, pursuant to Section 96 of the Companies Act, 2013.
- The Register of Members and Share Transfer Book will remain closed from Friday, September 18, 2026, to Thursday, September 24, 2026 (both days inclusive) for taking record of members for the AGM, pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of SEBI LODR Regulations.
- Fixed Thursday, September 17, 2026, as the record date for determining members eligible to receive the final dividend for FY 2025-2026, subject to shareholder approval at the AGM.
- Appointed Mr. Gaurang Shah, proprietor of M/s G.R. Shah & Associates, Practicing Company Secretaries (COP No. 14446), as Scrutinizer for conducting and scrutinizing the remote e-voting process and e-voting at the 42nd AGM.