R M Drip Announces 22nd AGM on Sep 30, 2026, Sets Record Date for ₹0.05 Dividend
R M Drip and Sprinklers Systems Limited will hold its 22nd AGM on September 30, 2026, to consider a dividend of ₹0.05 per share for FY26. The record date for the dividend is September 23, 2026. The AGM will be held via VC/OAVM.
The dividend amount is very small (₹0.05 per share) and the AGM is a standard annual event. These factors are unlikely to have a significant impact on the company's stock price or market perception.
The announcement is a routine corporate event (AGM and dividend declaration) and does not contain any specific financial performance indicators or strategic updates that would suggest a positive or negative sentiment.
R M Drip and Sprinklers Systems Limited has announced that its 22nd Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 2:00 PM IST. The meeting will be conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM).
The Board of Directors has recommended a final dividend of ₹0.05 per equity share of ₹1 each for the financial year ended March 31, 2026. This dividend is subject to the approval of the shareholders at the upcoming AGM.
For the purpose of determining entitlement to this dividend, the company has fixed Wednesday, September 23, 2026, as the Record Date. The dividend, if approved, will be paid on or before 30 days from the date of approval at the AGM, after deduction of applicable taxes. The Notice of the AGM, along with its annexures, has been sent to all members whose names appeared in the Register of Members as of August 28, 2026, and is also available on the company's website and the websites of BSE and NSE.
The agenda for the AGM includes the adoption of audited financial statements for the fiscal year 2025-26, the declaration of the final dividend, and the re-appointment of Mr. Atharva Nivrutti Kedar as Managing Director, who retires by rotation. The company has also detailed the procedures for e-voting and joining the virtual meeting, providing comprehensive instructions for shareholders.
What to do with a filing like this
R M Drip and Sprinklers Systems 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 low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by R M Drip and Sprinklers Systems Limited. Read the original for the full detail.