Meeting Details
The 41st AGM will be held on Saturday, September 12, 2026, at 2:30 PM (IST) through Video Conference/Other Audio Visual Means (VC/OAVM) without physical attendance of members, in compliance with MCA and SEBI circulars. The registered office of the Company at No. 100 & 101, Bommasandra Industrial Area, Bengaluru-560099, Karnataka, India shall be deemed to be the venue.
Ordinary Business Agenda
1. Adoption of Financial Statements: To consider and adopt:
- (a) Audited Standalone Financial Statements for FY ended March 31, 2026, including Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, with reports of Board of Directors and Statutory Auditors
- (b) Audited Consolidated Financial Statements for FY ended March 31, 2026, with report of Statutory Auditors
2. Dividend Declaration:
- To confirm payment of Interim Dividend of ₹1.50 per share (150%) declared on February 9, 2026 and paid to shareholders on record date of February 13, 2026
- To declare Final Dividend of ₹2.00 per share (200%) for financial year 2025-26
- Final dividend will be paid to shareholders whose names appear in Register of Members/beneficial owners as on September 1, 2026 (Record Date)
3. Director Re-appointment: To appoint Mr. K Ajith Kumar Rai (DIN: 01160327) as Director who retires by rotation and is eligible for re-appointment
Special Business Agenda
4. Ratification of Cost Auditor Remuneration: To ratify remuneration payable to Messrs. G N V and Associates, Cost Accountants, as Cost Auditors for FY 2026-27 at:
- Remuneration: ₹2,00,000/- (Rupees Two Lakhs only) plus applicable taxes
- Plus reimbursement of out-of-pocket expenses at actuals
- Appointment was approved by Board of Directors based on Audit Committee recommendation at meeting held on May 25, 2026
Shareholder Information
Record Dates:
- Register of Members will remain closed from September 6, 2026 to September 12, 2026 (both days inclusive)
- Final Dividend Record Date: September 1, 2026
Dividend Payment Details:
- Interim Dividend of ₹1.50 declared February 9, 2026 already paid
- Final Dividend of ₹2.00 subject to shareholder approval
- SEBI mandate requires dividend payments to physical shareholders only through electronic mode effective April 1, 2024
TDS on Dividend:
- Company will deduct TDS on dividend payments as per Income-tax Act, 2025
- For Resident Shareholders:
- 20% TDS for members without PAN/valid PAN
- No TDS if total dividend during FY 2026-27 does not exceed ₹10,000
- Certain entities exempt (LIC, GIC, Mutual Funds, Government, Category I & II AIFs) subject to documentation
- For Non-resident Shareholders:
- 20% TDS (plus surcharge and cess) or treaty rate whichever is beneficial
- Required documents: PAN copy, Tax Residency Certificate, Form 41, self-declaration of beneficial ownership and no PE in India
- Documents must be submitted by September 7, 2026 to RTA email: gopi@integratedindia.in / giri@integratedindia.in or uploaded to RTA website
Unclaimed Dividend Information:
- Detailed table provided with unclaimed dividends from 2018-19 to 2025-26 with claim due dates
- During the year, 588,977 shares transferred to Investor Education and Protection Fund pursuant to Section 124 of Companies Act, 2013
Voting Procedures
Remote e-Voting:
- Period: September 8, 2026 (9:00 AM) to September 11, 2026 (5:00 PM)
- Conducted through CDSL platform
- Members as on September 5, 2026 (before book closure) are eligible to vote
- Detailed login instructions provided for demat shareholders (both CDSL and NSDL) and physical shareholders
Voting During AGM:
- e-Voting facility available during AGM for members attending through VC/OAVM who haven't voted remotely
- Members must register as speakers at least 3 days prior to meeting by emailing investors@suprajit.com
Director Information
Mr. K Ajith Kumar Rai (DIN: 01160327):
- Founder and Chairman of Suprajit Group
- Mechanical Engineer with Master's in Industrial Engineering from Dalhousie University, Canada
- Shareholding: 3,825,380 shares
- Director since May 24, 1985
- Expertise: Financial Management, Corporate Strategy, Governance Practices
- Other Directorships: V.S.T. Tillers Tractors Ltd (Independent Director)
- Committee Positions: Audit Committee Member, Risk Management Committee Chairman at V.S.T. Tillers Tractors Ltd
- Attended 4 board meetings in FY 2025-26
- Related to Mrs. Supriya Ajith Rai (spouse) and Mr. Akhilesh Rai (son)
Additional Information
- Scrutinizer: Mr. Parameshwar G. Bhat, Practising Company Secretary
- RTA: Integrated Registry Management Services Private Limited, Bengaluru
- Documents available for electronic inspection during business hours until AGM conclusion
- Notice and Annual Report available on company website (www.suprajit.com) and stock exchange websites