Finolex Industries to hold 45th AGM on Sep 22, 2026, to consider FY26 results and declare dividend
Finolex Industries will hold its 45th AGM on September 22, 2026, to adopt FY26 financial statements and declare dividends. The proposed dividend is ₹2.75 per equity share. The meeting will also cover director re-appointments and remuneration adjustments for cost and non-executive directors.
The AGM is a significant corporate event where important financial decisions, dividend declarations, and director appointments are made, impacting shareholder value and corporate governance.
The announcement is a routine corporate event (AGM notice) and does not contain any significantly positive or negative financial news or forward-looking statements that would alter the company's valuation.
Finolex Industries Limited has announced that its 45th Annual General Meeting (AGM) will be held on Tuesday, September 22, 2026, at 4:00 p.m. IST via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting agenda includes the consideration and adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, along with the Board of Directors' and Auditors' reports.
Furthermore, the AGM will address the declaration of dividend on equity shares for the financial year ended March 31, 2026. The re-appointment of Mr. Rambabu Sanka as a Director liable to retire by rotation will also be considered. Special business at the meeting includes the ratification of remuneration for M/s. S.R. Bhargave & Co. as Cost Auditors for the financial year ending March 31, 2027, and a revision in the remuneration payable to Non-Executive Directors, not exceeding one percent of the net profits with an overall annual cap of ₹6,00,00,000, effective from April 1, 2026.
The Notice of the 45th AGM is being sent electronically to members and is also available on the company's website. The Board of Directors approved the Notice of AGM at its meeting held on Thursday, August 6, 2026. Members desirous of obtaining information concerning the accounts and operations for the financial year ended March 31, 2026, are requested to address their questions to the Company Secretary by Wednesday, September 16, 2026. The company has also fixed Friday, September 11, 2026, as the 'Record Date' for determining members eligible to receive dividend for the Financial Year 2025-26. The proposed dividend is ₹2 per equity share (100%) as final dividend and ₹0.75 per equity share (37.50%) as special dividend, aggregating to ₹2.75 per equity share (137.50%).
A plain-language summary of a public exchange filing by Finolex Industries Limited. Read the original for the full detail.