Kingfa India Announces 42nd AGM on Sep 28, Declares ₹20 Dividend
Kingfa Science & Technology (India) Limited will hold its 42nd AGM on September 28, 2026. The company proposes a dividend of ₹20 per share for FY26. Key appointments include Mr. Wang Dazhong as CMD and Mr. Sethuraman Shanmugasundaram as COO, both for three-year terms starting August 15, 2026. Ms. Apurva Pradeep Joshi is proposed as an Independent Director for five years.
The dividend declaration and significant board appointments are material events that could impact investor sentiment and corporate governance perception.
The announcement is a routine notification about the AGM, dividend declaration, and board appointments, with no significant positive or negative financial news presented.
Kingfa Science & Technology (India) Limited has announced its 42nd Annual General Meeting (AGM) will be held on Monday, September 28, 2026, at 11:30 A.M. IST, through Video Conferencing and Other Audio-Visual Means (OAVM).
The company has fixed Monday, September 21, 2026, as the record date for determining the eligibility of members entitled to receive dividend. The dividend, if declared at the AGM, will be paid to shareholders whose names appear on the Register of Members as of the record date. The proposed dividend is ₹20 per equity share for the financial year ended March 31, 2026.
Key appointments are also on the agenda. Mr. Wang Dazhong is proposed to be appointed as Chairman & Managing Director for a period of three years from August 15, 2026, to August 14, 2029. Mr. Sethuraman Shanmugasundaram is proposed to be appointed as Whole-time Director, designated as Chief Operating Officer, also for a three-year term from August 15, 2026, to August 14, 2029. Ms. Apurva Pradeep Joshi is proposed for appointment as a Non-Executive Independent Director for a term of five years from August 15, 2026, to August 14, 2031. Mr. Sun Yajie, who retires by rotation, is proposed for re-appointment as a Director.
The AGM agenda also includes the adoption of Audited Standalone Financial Statements for the financial year ended March 31, 2026. Additionally, the meeting will consider the payment of commission to Independent Directors, with a proposed ₹8,00,000 per year per director, and ratify the remuneration of the Cost Auditor, Mr. K. Suryanarayanan, for ₹4,00,000 plus applicable taxes for the financial year ending March 31, 2027.
A plain-language summary of a public exchange filing by Kingfa Science & Technology (India) Limited. Read the original for the full detail.
