Ashapura Minechem Announces 45th AGM on Sep 29, 2026; Recommends 100% Dividend
Ashapura Minechem Limited will hold its 45th AGM on September 29, 2026. The company recommended a 100% dividend (₹2 per share) for FY 2025-26. The record date for dividend eligibility is September 22, 2026. Shri Chetan Shah's remuneration as Chief – Strategy & Planning was approved up to ₹2 Crore annually.
The dividend recommendation and appointment of a key executive are significant for shareholders. The AGM details provide clarity on future strategic direction and financial distributions.
The announcement is positive due to the recommendation of a 100% dividend and the approval of key managerial appointments, indicating confidence in future performance.
Ashapura Minechem Limited has announced the convening of its 45th Annual General Meeting (AGM) on Tuesday, 29th September, 2026, at 3:00 p.m. IST, to be conducted through Video Conferencing or Other Audio-Visual Means (VC/OAVM).
The company has recommended a final dividend of 100%, amounting to ₹2 per equity share, for the Financial Year 2025-2026, subject to shareholder approval at the AGM. The record date for determining the eligibility of members for this dividend, if declared, is set as 22nd September, 2026.
The notice for the AGM also includes the Annual Report for the Financial Year 2025-2026, the Notice of AGM, and the Business Responsibility and Sustainability Report for FY 2025-2026, which are being uploaded simultaneously. Additionally, the agenda includes the ratification of the remuneration of the Cost Auditor and the approval of the remuneration for Shri Chetan Shah as Chief – Strategy & Planning, a Key Managerial Personnel, with effect from 1st October, 2026, at a remuneration of up to ₹2 Crores per annum.
The remote e-voting period for the AGM will commence on 25th September, 2026, at 9:00 a.m. and conclude on 28th September, 2026, at 5:00 p.m. The cut-off date for e-voting eligibility is 22nd September, 2026.
A plain-language summary of a public exchange filing by Ashapura Minechem Limited. Read the original for the full detail.