Olectra Greentech Announces 26th AGM on Sep 26, 2026; To Adopt FY26 Results & Declare Dividend
Olectra Greentech will hold its 26th AGM on September 26, 2026, via VC/OAVM. Key agenda items include adopting the FY26 financial results and declaring a 15% final dividend. Mr. P V Krishna Reddy's re-appointment as director will also be considered. The company will seek approval for contracts with Evey Trans entities.
The AGM notice covers routine annual business like financial statement adoption, dividend declaration, and director re-appointment. While these are important for governance, they are expected events. The approval of contracts with related parties could have a medium-term impact depending on their nature and scale.
The announcement is a routine corporate event (AGM notice) and does not contain significant new financial information or strategic updates that would warrant a positive or negative sentiment.
Olectra Greentech Limited has announced its 26th Annual General Meeting (AGM) to be held on Saturday, September 26, 2026, at 12:00 Noon IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The company will consider and adopt the audited financial statements, including consolidated financial statements, for the year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors. Additionally, the members will vote on the declaration of a final dividend of 15% (₹0.60 per equity share of ₹4 face value) for the Financial Year ended March 31, 2026. The record date for dividend payment is September 19, 2026. The AGM will also address the re-appointment of Mr. P V Krishna Reddy as a Director liable to retire by rotation. Special business includes the ratification of remuneration payable to M/s. EVS & Associates, Cost Auditors, for the financial year ended March 31, 2027, amounting to ₹2,00,000 plus taxes and reimbursement of out-of-pocket expenses. Furthermore, the members will be asked to approve entering into contracts with Evey Trans (NSK) Private Limited and Evey Trans (KAR) Private Limited, in compliance with Section 188 of the Companies Act, 2013, and Regulation 23(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Annual Report 2025-2026 has also been provided alongside the AGM notice.
A plain-language summary of a public exchange filing by Olectra Greentech Limited. Read the original for the full detail.