Munjal Auto Industries Limited Holds 41st AGM on Aug 31, 2026; Dividend Declared
Munjal Auto Industries Limited held its 41st AGM on August 31, 2026. The company declared a final dividend of 50% (₹1 per share) for FY25-26 and adopted audited standalone and consolidated financial statements for FY25-26. Mr. Anuj Munjal was reappointed as a director. Voting results will be announced within two working days.
The declaration of a dividend and the adoption of financial statements are material events for shareholders, warranting a medium impact. The AGM proceedings themselves are routine but important for corporate governance.
The company declared a dividend and successfully conducted its AGM, which are generally positive events for shareholders. The financial statements were adopted without qualifications.
Munjal Auto Industries Limited conducted its 41st Annual General Meeting (AGM) on Monday, August 31, 2026, proceedings of which were held through video conferencing (VC) or other audio-visual means (OAVM). The meeting adhered to circulars issued by the Ministry of Corporate Affairs and SEBI.
The AGM was chaired by Mr. Sudhir Kumar Munjal, Chairman & Managing Director, who welcomed the members and introduced the Directors, CFO, and CS present. The auditors and secretarial auditors were also introduced. The Company Secretary confirmed the presence of the requisite quorum.
Key businesses transacted included the adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the Board's and Auditors' reports. The Auditor's Report for the financial year ended March 31, 2026, did not contain any qualifications or adverse remarks.
A final dividend of 50%, amounting to ₹1 per equity share on 10,00,00,000 equity shares of face value ₹2 each for the financial year 2025-26, was declared. Additionally, a director, Mr. Anuj Munjal, who retired by rotation, was reappointed.
The results of the remote e-voting and e-voting at the AGM will be announced within two working days from the conclusion of the meeting. These results will be displayed at the registered office, placed on the company's website (www.munjalauto.com), and disseminated to the stock exchanges. The e-voting facility remained open for 15 minutes after the meeting concluded at 3:30 p.m.
A plain-language summary of a public exchange filing by Munjal Auto Industries Limited. Read the original for the full detail.