Lancor Holdings Announces 41st AGM on Sep 28, 2026, Proposes Dividend
Lancor Holdings Limited will hold its 41st AGM on September 28, 2026, via VC/OAVM. The meeting will consider financial statements for FY26 and propose a final dividend of ₹0.30 per share. Mr. S. Sridharan's re-appointment as Director and Mr. S. Vasudevan's re-appointment as Independent Director are also on the agenda.
The announcement contains important information regarding the company's AGM, dividend declaration, and director appointments, which are material for shareholders. The details about financial statements and future appointments have a medium-term impact on investor decisions.
The announcement is a routine notice about an upcoming AGM, including standard business items like financial statement adoption, director appointments, and dividend declaration. While the dividend is a positive aspect, the overall tone is factual and procedural.
Lancor Holdings Limited has announced its 41st Annual General Meeting (AGM) for the financial year 2025-26, scheduled to be held on Monday, September 28, 2026, at 11:30 AM IST through Video Conference (VC)/ Other Audio Visual Means (OAVM).
The meeting agenda includes the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Shareholders will also vote on the re-appointment of Mr. S. Sridharan as a Director retiring by rotation and the re-appointment of Mr. S. Vasudevan as an Independent Director for a second term from November 13, 2026, to November 12, 2031.
A significant item on the agenda is the declaration of a final dividend of ₹0.30 per equity share for the financial year 2025-26. The record date for this dividend is September 21, 2026, and the dividend will be paid electronically within 30 days of approval.
Additionally, the AGM will seek ratification of the remuneration for M/s. BY & Associates as Cost Auditors for the financial year 2026-27, with a proposed remuneration of ₹1,25,000 plus applicable service tax. The company has also detailed procedures for tax deduction at source (TDS) on dividends for resident and non-resident shareholders, outlining various documentation requirements for claiming exemptions or lower rates.
A plain-language summary of a public exchange filing by Lancor Holdings Limited. Read the original for the full detail.