AGM Details
The 31st Annual General Meeting will be held on Wednesday, August 12, 2026 at 4:30 P.M. (IST) through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting will be conducted without physical attendance requirement.
Business Items
Ordinary Business:
- Adoption of audited standalone and consolidated financial statements for FY 2025-26
- Declaration of final dividend of ₹5 per equity share for FY ended March 31, 2026
- Re-appointment of Mr. S. Varadarajan (DIN:02353065) as Director liable to retire by rotation
Special Business:
- Approval for remuneration payable to Mr. Rohan Mittal (Promoter Group), a related party holding office or place of profit, as Head - Strategy & Business Growth, GCC Region for an amount not exceeding ₹1,50,00,000 per annum for three years effective from September 1, 2026
- Ratification of remuneration of ₹5,50,000 (exclusive of taxes) payable to Cost Auditor Mr. K. Suryanarayanan for FY 2025-26
- Appointment of Mr. Samaresh Parida (DIN:01853823) as Independent Director for three years from June 26, 2026 to June 25, 2029
Dividend Information
The Board recommended a final dividend of ₹5 per equity share for FY 2025-26. Record date for determining eligibility is Friday, July 17, 2026. Dividend payment will be made on or before September 10, 2026, subject to shareholder approval.
Tax Implications on Dividend
- Resident shareholders with valid PAN: 10% TDS (20% if PAN not linked with Aadhaar)
- Resident shareholders without PAN: 20% TDS
- No TDS if total dividend during FY 2026-27 does not exceed ₹10,000 for resident individuals
- Non-resident shareholders: 20% TDS plus applicable surcharge and cess, with DTAA benefits available upon submission of required documents
- Documents must be uploaded by July 20, 2026 on shareholder portal
Voting Arrangements
- Remote e-voting period: August 7, 2026 (9:00 AM) to August 11, 2026 (5:00 PM)
- Cut-off date for voting rights: August 5, 2026
- NSDL appointed as e-voting service provider
- Mr. M. Damodaran or Mrs. J. Kalaiyarasi of M/s. M. Damodaran & Associates appointed as scrutinizer
- Results to be filed with stock exchanges within 2 working days of AGM conclusion
Share Transfer Information
- Register of Members and share transfer books will remain closed from August 6, 2026 to August 12, 2026 (both days inclusive)
- Members holding shares in physical form must complete KYC details including PAN, nomination, contact details, bank account details, and specimen signature
IEPF Transfers
During FY 2025-26, the company transferred ₹3,00,932 of unclaimed dividend for FY 2017-18 pertaining to 878 members and 5,839 shares pertaining to 161 members to IEPF Authority.
Director Information
Mr. S. Varadarajan: Whole Time Director & Chief Growth Officer, remuneration of ₹3,18,37,829 for FY 2025-26, holds 21,85,762 equity shares
Mr. Samaresh Parida: Chartered Accountant, Cost Accountant, and MBA from IIM Ahmedabad, currently serves as Independent Director in multiple companies including Shaily Engineering Plastics Limited and Carlsberg India Limited
Mr. Rohan Mittal: B.Tech Chemical Engineering, Head - Strategy & Business Growth, GCC Region, relative of Promoter and Chairman & Managing Director
Electronic Communication
The company is sending notice and annual report electronically to members with registered email addresses. Physical copies available on request.