Honasa Consumer Ltd. to hold 10th AGM on Sep 28, 2026, proposing ₹3 dividend
Honasa Consumer Limited will hold its 10th AGM on September 28, 2026, to approve FY26 financial statements and declare a final dividend of ₹3 per share. The AGM will also vote on the re-appointment of directors and compensation for non-executive directors. E-voting is open from September 24-27, 2026.
The announcement pertains to a routine Annual General Meeting with standard agenda items. The dividend declaration is a positive but expected event. The re-appointments and compensation approvals are procedural and do not represent a significant change in the company's operations or financial outlook.
The announcement is a routine notice for an Annual General Meeting, including standard agenda items like financial statement adoption, dividend declaration, and director re-appointments. While the dividend declaration is positive, the overall tone is informational and procedural.
Honasa Consumer Limited has announced the notice for its 10th Annual General Meeting (AGM), scheduled to be held on Monday, September 28, 2026, at 4:00 p.m. IST through Video Conference/Other Audio-Visual Means. The company will consider and adopt the audited standalone and consolidated financial statements for the financial year ended March 31, 2026.
Key agenda items for the AGM include the declaration of a final dividend of ₹3 per equity share (30% on face value of ₹10) for the financial year 2025-26, subject to member approval. The record date for this dividend is Friday, August 28, 2026.
Additionally, the meeting will address the re-appointment of Mr. Varun Alagh as a Director retiring by rotation and the re-appointment of Mr. Subramaniam Somasundaram as an Independent Director for a second term of five years, effective from February 11, 2027, to February 10, 2032. The AGM will also seek approval for the fees and compensation payable to Non-Executive Directors, including Independent Directors, by way of commission for a period of five years starting from the financial year 2027-28, within an overall limit of 1% of the Net Profits per annum.
The cut-off date for e-voting and attending the AGM is Monday, September 21, 2026. Remote e-voting will commence on Thursday, September 24, 2026, at 9:00 am IST and conclude on Sunday, September 27, 2026, at 5:00 pm IST.
A plain-language summary of a public exchange filing by Honasa Consumer Limited. Read the original for the full detail.