SJVN Limited holds 38th AGM on Aug 31, 2026, approves financial statements and dividend
SJVN Limited held its 38th AGM on August 31, 2026. The meeting approved audited standalone and consolidated financial statements for FY2025-26. Shareholders voted to confirm an interim dividend of ₹1.15 per share and declare a final dividend of ₹0.35 per share. Key appointments including Whole-Time Directors (Finance and Projects) were also approved.
The AGM covered routine corporate governance matters, including financial statement approvals and dividend declarations. The appointment of new directors and the confirmation of interim and final dividends are important for corporate functioning but do not represent a significant change in business strategy or financial performance that would have a high impact.
The announcement details the proceedings of the Annual General Meeting, including financial statement approvals and dividend declarations. While these are routine corporate activities, there are no significant positive or negative financial results or strategic shifts highlighted that would warrant a positive or negative sentiment.
SJVN Limited convened its 38th Annual General Meeting (AGM) on August 31, 2026, starting at 15:00 HRS and concluding at 16:35 HRS, conducted via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting was attended by 72 shareholders, including representatives from the Government of India and the Government of Himachal Pradesh.
The AGM agenda included the consideration and adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the Directors' Report and Independent Auditors' Report. Shareholders also voted on the confirmation of an interim dividend of ₹1.15 per share, declared in February 2026, and the declaration of a final dividend of ₹0.35 per share for the financial year 2025-26.
Additionally, the meeting addressed the appointment of a Director to replace Shri Ajay Kumar Sharma, who retired by rotation and offered himself for re-appointment. The remuneration of Statutory Auditors for the financial year 2026-27 was also to be fixed. Special businesses included the appointment of Shri Parthajit De as Whole-Time Director (Finance), Shri Rajesh Kumar Chandel as Whole-Time Director (Projects), and Shri Diwakar Nath Misra as Part-Time Official Director (Government of India Nominee). The appointment of Smt. Arti Kujur as Part-time Non-Official (Independent) Director was also on the agenda, along with the ratification of remuneration for the Cost Auditor for FY 2026-27.
Shareholders raised queries regarding future plans, capital expenditure, financial position, CSR activities, and upcoming projects. The management provided responses, and shareholders expressed appreciation for the company's performance and governance practices. The e-voting facility remained open for 15 minutes after the AGM concluded for eligible members.
A plain-language summary of a public exchange filing by SJVN Limited. Read the original for the full detail.