Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Aries Agro Limited

Meeting Details

  • Date: Tuesday, 29th September, 2026
  • Time: Commenced at 11:00 AM IST, concluded at 12:35 PM IST
  • Type: Annual General Meeting
  • Quorum: Present at commencement

Attendees

  • Chair: Dr. Rahul Mirchandani, Chairman and Managing Director
  • Company Secretary: Mr. Qaiser Parvez Ansari (also Compliance Officer) explained participation and voting process
  • Directors: All directors were present
  • Committee Chairs: Chairs of Audit Committee, Stakeholder Relationship Committee, Nomination and Remuneration Committee, and CSR Committee were present
  • Auditors: Statutory Auditors, Internal Auditors, Secretarial Auditors, and Cost Auditors were present

Business Transacted

ORDINARY BUSINESS - Ordinary Resolutions

1. Adoption of Audited Financial Statements (Standalone and Consolidated) for FY ended 31st March 2026, together with Reports of Board of Directors and Auditors

2. Declaration of Dividend for FY ended 31st March 2026 at rate of ₹2.50 (25%) per equity share on 1,30,04,339 equity shares of ₹10 each

  • ₹1.50 per share (15%) as Final Dividend
  • ₹1.00 per share (10%) as Special Dividend
  • Total payout: ₹325.11 lakhs
  • Payable to members on register as of 22nd September 2026

3. Appointment of Mr. Ramamurthy Sundaresan (DIN: 00540033) as Director liable to retire by rotation

4. Re-Appointment of Dr. Rahul Mirchandani as Managing Director of the Company

5. Re-Appointment of Mr. Nrupang Bhumitra Dholakia (DIN: 06522711) as Independent Director

SPECIAL BUSINESS

Ordinary Resolution

6. Ratification of remuneration of M/S R. Nanabhoy & Co., Cost Auditors for FY ending 31st March 2027

Special Resolution

7. Approval for payment of Commission to Ms. Nitya Mirchandani, Promoter Director of the Company

Meeting Proceedings

  • The Chairman briefed members about business of the company and CSR activities
  • Few members spoke and sought clarifications, which were answered satisfactorily by the Chairman
  • After question and answer session, the meeting was declared closed at 12:35 PM IST
  • Members were given 15 minutes to cast votes electronically

Compliance and Signatories

  • The disclosure is made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
  • Signed by Qaiser P. Ansari, Company Secretary & Compliance Officer
  • Company registration: CIN L99999MH1969PLC014465