Deep Industries Ltd. Holds 20th AGM on Sep 1, 2026, Approves Dividend
Deep Industries Limited held its 20th AGM on September 1, 2026. The company declared a final dividend of ₹2.50 per equity share for FY 2025-26. Key approvals included financial statements, re-appointment of a director, related party transactions, alteration of articles of association, and the Dil ESOP Scheme 2026.
The AGM covered routine corporate governance matters and dividend declaration, which are important for shareholders but do not represent a significant strategic shift or immediate financial impact.
The AGM proceedings were positive, with the declaration of a dividend and approval of various corporate actions including financial statements and ESOP scheme.
Deep Industries Limited conducted its 20th Annual General Meeting (AGM) on September 01, 2026, commencing at 11:00 AM IST via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting addressed several key businesses as outlined in the notice. These included the consideration and adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. A final dividend of ₹2.50 per Equity Share for the financial year 2025-26 was declared.
Furthermore, the shareholders approved the re-appointment of Mr. Rohan Vasantkumar Shah as a director who retires by rotation. The meeting also saw the approval of material related party transactions, both for the company and between its subsidiaries. Additionally, approval was granted for a related party transaction concerning Mr. Shail Manoj Savla's office or place of profit as president, and for the alteration of the company's articles of association. The 'Deep Industries Limited Employee Stock Option Scheme 2026' (Dil ESOP Scheme 2026) was also approved.
Questions from registered members were addressed by the panel. The meeting concluded at 11:24 AM IST after the voting process, with the results to be submitted separately to the stock exchanges. The Auditors' report and Secretarial Audit Report for the year ended March 31, 2026, were noted to be unqualified.
A plain-language summary of a public exchange filing by Deep Industries Limited. Read the original for the full detail.