Hindustan Composites announces 62nd AGM on Sep 29, 2026, to consider FY26 results and 40% dividend
Hindustan Composites will hold its 62nd AGM on September 29, 2026, via VC/OAVM. The meeting will approve the FY26 financial results and a 40% dividend (₹2 per share). Key agenda items include director re-appointments, commission for independent directors, and revised remuneration for the MD. The record date for the dividend is September 22, 2026.
The announcement is important for shareholders as it pertains to the annual financial performance, dividend distribution, and key governance decisions. The AGM date and dividend details are material information for investors.
The announcement is a routine corporate communication regarding the upcoming AGM, financial results, and dividend declaration. It does not contain any unexpected positive or negative financial news or strategic shifts.
Hindustan Composites Limited has announced its 62nd Annual General Meeting (AGM) to be held on Tuesday, September 29, 2026, at 11:45 a.m. IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM).
The AGM will consider and adopt the standalone and consolidated audited financial statements for the financial year ended March 31, 2026. Additionally, the shareholders will vote on a final dividend of 40%, amounting to ₹2 per equity share with a face value of ₹5, for the financial year ended March 31, 2026. The record date for determining eligibility for this dividend is Tuesday, September 22, 2026.
Key agenda items also include the re-appointment of Mr. P. K. Choudhary as a director, approval of commission for independent directors amounting to ₹5,00,000 each for the financial year ended March 31, 2026, and revision in remuneration for Mr. P. K. Choudhary as Managing Director effective April 1, 2026. The remuneration of the Cost Auditors, M/s. Suresh Pimple & Associates, for the financial year ending March 31, 2027, at ₹40,000 plus applicable GST, will be ratified. Furthermore, M/s. R M Mimani & Associates LLP will be appointed as Secretarial Auditors for a term of five consecutive years from the financial year 2026-27 to 2030-31.
The Annual Report for the financial year 2025-26, along with the Notice of the 62nd AGM, is being sent electronically to registered members and is also available on the company's website and CDSL's e-voting portal. Shareholders are advised to update their KYC details and PAN information as per SEBI guidelines.
A plain-language summary of a public exchange filing by Hindustan Composites Limited. Read the original for the full detail.