Meeting Details and Voting Process

  • 41st AGM Date: Friday, September 18, 2026 at 11:30 a.m. IST
  • Location: Conducted through Video Conferencing/OAVM with deemed venue at registered office in Kolkata
  • Remote e-Voting: September 15-17, 2026 through NSDL with cut-off date of September 11, 2026
  • Scrutinizer: Mr. Raj Kumar Banthia of M/s. MKB & Associates to oversee voting process

Financial Performance Highlights (FY 2025-26)

  • Consolidated Revenue: ₹1,25,910.26 lakhs (FY25: ₹1,23,931.70 lakhs)
  • Profit Before Tax: ₹9,774.53 lakhs (FY25: ₹11,291.34 lakhs)
  • Profit After Tax: ₹7,248.78 lakhs (FY25: ₹8,329.21 lakhs)
  • EPS: ₹9.12 (consolidated), ₹9.04 (standalone)
  • Exceptional Items: ₹561.78 lakhs including entry tax settlement, asset impairment, and employee benefits
  • Total Assets: ₹1,61,441.00 lakhs (consolidated), ₹1,60,712.88 lakhs (standalone)
  • Borrowings: ₹24,769.26 lakhs (secured against inventories, receivables, and fixed assets)

Dividend Declaration and Capital Structure

  • Final Dividend: 300% (₹3 per equity share) recommended, totaling ₹2,385.74 lakhs
  • Record Date: September 11, 2026 for dividend eligibility
  • Share Capital: ₹796.29 lakhs (7,97,33,560 equity shares of ₹1 each)
  • Shareholding Pattern: Promoters hold 63.68%, public shareholders 36.32%

Proposed Resolutions and Governance Matters

Ordinary Business:

1. Adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026

2. Declaration of 300% dividend for FY 2025-26

3. Reappointment of Mr. Prahalad Rai Agarwala and Mr. Niraj Kabra who retire by rotation

Special Business:

4. Reappointment of Mr. Vikash Agarwal as Whole-time Director for 5 years with revised remuneration scale

5. Reappointment of Mr. Sunil Rewachand Chandiramani as Independent Director for second term

6. Remuneration revision for Mr. Niraj Kabra to ₹55,00,000 per annum

Compliance and Corporate Governance

  • Credit Rating: CRISIL AA-/Stable for long-term debt, CRISIL A1+ for short-term debt
  • Regulatory Compliance: Full compliance with SEBI LODR Regulations 2015 and Companies Act 2013
  • Committee Structure: Updated CSR Committee terms, non-statutory Operations Committee
  • Subsidiaries: Six unlisted wholly-owned subsidiaries, none classified as 'Material Subsidiaries'
  • Related Party Transactions: ₹1,487.79 lakhs primarily in salaries and sub-contracting
  • CSR Expenditure: ₹370.51 lakhs spent against required ₹180.84 lakhs

Additional Operational Information

  • Plant Locations: Manufacturing facilities in Howrah, Kolkata, Tirupur, Ghaziabad, and Bengaluru
  • Employee Count: 842 permanent employees as of March 31, 2026
  • Contingent Liabilities: ₹60.98 lakhs in disputed taxes, ₹224.69 lakhs in bank guarantees
  • Unclaimed Dividend: Details provided for various financial years with IEPF transfer dates
  • Signatories: Financial statements signed by Chairman, Vice Chairman, Managing Director, and CFO

Dividend Processing and Shareholder Requirements

  • Payment Method: Electronic mode mandatory for physical shareholders per SEBI mandate
  • Documentation: Members must update PAN, KYC, bank details, and specimen signatures
  • Unclaimed Dividends: Amounts unclaimed for 7+ years will transfer to Investor Education and Protection Fund
  • Special Window: Transfer and dematerialization of physical securities available until February 4, 2027