Onward Technologies Limited Concludes 35th AGM on July 16, 2026; Final Dividend Declared
Onward Technologies Limited held its 35th AGM on July 16, 2026. The company declared a final dividend for FY ended March 31, 2026. The AGM also approved the adoption of audited financial statements for FY26, re-appointed Mr. Harish Mehta as Executive Chairman and Mr. Jigar Mehta as Managing Director.
The declaration of a final dividend and the re-appointment of key management personnel are significant corporate actions that affect shareholder returns and company leadership, thus having a medium impact.
The announcement details the proceedings of the Annual General Meeting, including the adoption of financial statements, declaration of dividend, and re-appointment of directors. While these are important corporate actions, they do not inherently indicate a significant positive or negative shift in the company's outlook based solely on this announcement.
Onward Technologies Limited held its 35th Annual General Meeting (AGM) on Thursday, July 16, 2026, from 03:00 P.M. to 03:34 P.M. via VC/OAVM. The meeting was chaired by Mr. Harish Mehta, Executive Chairman, who welcomed the members. Mr. Jigar Mehta, Managing Director, provided an overview of the company's business and financial performance, along with future outlook.
The remote e-voting period was from July 13, 2026 (9:00 a.m.) to July 15, 2026 (5:00 p.m.). Members who had not voted remotely were given 15 minutes post-meeting to cast their votes electronically. M/s Nilesh A. Pradhan & Co. LLP was appointed as the Scrutinizer for electronic voting.
Key resolutions transacted included the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, the declaration of a final dividend for FY ended March 31, 2026, the re-appointment of a director retiring by rotation, and the re-appointment and approval of remuneration for Mr. Harish Mehta as Whole-time Director (Executive Chairman) and Mr. Jigar Mehta as Managing Director. Additionally, the re-appointment of Mr. Dhanpal Jhaveri and Mr. Jai Diwanji as Independent Directors for a second term was considered and approved.
The results of the e-voting are being intimated separately.
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Onward Technologies Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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