ABC India Limited has scheduled its 53rd Annual General Meeting (AGM) for Monday, September 28, 2026. The Board has recommended a final dividend of ₹0.50 per equity share of face value ₹10 each for the financial year ended March 31, 2026.

The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM). Monday, September 21, 2026, is fixed as the cut-off date for determining eligibility for e-voting and dividend entitlement.

Key Agenda Items

Shareholders will transact the following business at the AGM:

Ordinary Business

• Receive, consider, and adopt the Audited Financial Statements for FY26, including the Balance Sheet, Profit & Loss Account, and Cash Flow Statement, along with Directors' and Auditors' reports.
• Declare dividend on equity shares.
• Re-appoint Mr. Siddarth Kapoor (DIN: 02089141), who retires by rotation and is eligible for re-appointment.

Special Business

• Re-appointment of Mr. Ashish Agarwal (DIN: 00351824) as Managing Director for a further period of three years, effective August 1, 2026.
• Approval of remuneration for Cost Auditors, M/s. Debobrata Banerjee & Associates, for FY27.

Management Changes

Mr. Ashish Agarwal’s current term as Managing Director expired on July 31, 2026. The Board proposes his re-appointment for three years starting August 1, 2026.

Mr. Agarwal will receive a monthly salary of ₹9,00,000, subject to revision by the Nomination & Remuneration Committee. His proposed perquisites include house rent allowance, medical reimbursement up to ₹25,000 annually, club fees up to ₹50,000 annually, and a car with a driver. He holds 175,064 equity shares in the company.

Mr. Siddarth Kapoor, brother-in-law of Mr. Agarwal, seeks re-appointment as a director. He holds no shares in the company.

Financial Performance Context

The explanatory statement notes that industrial growth did not improve at the desired level during FY26 due to factors such as non-implementation of planned infrastructural activities and increased costs. The company reported a turnover of ₹16,404.02 crore and a net profit of ₹230.82 crore for FY26, compared to ₹18,495.30 crore turnover and ₹246.93 crore net profit in FY25.

To improve profitability, the company is adopting cost reduction measures and focusing on increasing revenue from transportation, contract jobs, and construction services.

Book Closure and Dividend Details

The Register of Members and Share Transfer Books will remain closed from Tuesday, September 22, 2026, to Monday, September 28, 2026 (both days inclusive), for the purpose of the AGM and dividend payment.

Dividend will be paid electronically via National Automated Clearing House (NACH) within 30 days of declaration. No physical dividend warrants will be issued. Tax will be deducted at source at prescribed rates. Residents with dividend exceeding ₹5,000 in a fiscal year are subject to TDS at 10% if PAN is updated, otherwise 20%.

E-Voting and Participation

Remote e-voting will be available from Friday, September 25, 2026, at 10:00 am to Sunday, September 27, 2026, at 5:00 pm. Shareholders can vote via CDSL or NSDL platforms. Those who have already voted remotely cannot vote during the meeting. The facility allows up to 1,000 shareholders to attend via VC/OAVM on a first-come, first-served basis, excluding large shareholders, promoters, and institutional investors.

The Company has appointed Mr. Santosh Kumar Tibrewalla, Practising Company Secretary, as Scrutinizer to scrutinize both the electronic voting process and voting process at the venue of AGM in a fair and transparent manner.

Members holding shares in physical form who have not registered their bank account details are requested to provide a request letter with bank account number, name of bank, branch, self-attested copies of PAN, proof of address, cancelled cheque, and share certificates to the Company or its Registrar and Share Transfer Agent (RTA), M/s. MCS Share Transfer Agent Limited. No physical dividend warrant is allowed to be issued after April 1, 2024, as per SEBI circulars dated May 7, 2024, and June 10, 2024.

ABC India reported a net profit of ₹11.65 lakh for the quarter ended June 30, 2026 (Q1FY26), a substantial increase from the ₹1.60 lakh profit recorded in the same period last year. The company’s revenue from operations rose 9% year-on-year to ₹4,131.07 lakh, up from ₹3,787.55 lakh in Q1FY25.

The Board of Directors approved the unaudited financial results in a meeting held on August 13, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by statutory auditors BDS & Co., Chartered Accountants, who issued an unmodified opinion.

Segment Performance

The company operates through two primary segments: Freight & Services and Petrol Pump. Both segments contributed to the top-line growth:

• Freight & Services: Revenue increased to ₹2,222.74 lakh from ₹2,084.15 lakh in Q1FY25. This segment reported a pre-tax profit of ₹219.59 lakh, compared to ₹150.26 lakh in the prior year period.
• Petrol Pump: Revenue grew to ₹1,908.33 lakh from ₹1,703.40 lakh. The segment’s pre-tax profit remained stable at ₹14.51 lakh, slightly up from ₹14.00 lakh.

What the Numbers Show

A key observation from the filing is the divergence between operational profitability and the bottom line due to unallocated expenditures. While the combined segment results showed a pre-tax profit of ₹234.10 lakh, the company incurred ₹190.44 lakh in unallocated expenditure net off income. This significant overhead reduced the consolidated profit before tax to just ₹11.81 lakh. In contrast, the corresponding quarter of FY25 had lower unallocated costs of ₹115.83 lakh, despite lower segment profits.

Financial Highlights

Total expenses for the quarter stood at ₹4,170.17 lakh, driven primarily by transportation and service expenditure of ₹1,870.67 lakh and purchase of stock-in-trade at ₹1,828.75 lakh. Finance costs decreased to ₹31.84 lakh from ₹46.82 lakh in the previous year.

Corporate Actions

The Board also fixed the date for the Annual General Meeting (AGM) for FY25-26 as September 28, 2026. The cut-off date for e-voting and dividend payment is set for September 21, 2026. The Register of Members and Share Transfer books will remain closed from September 22 to September 28, 2026, inclusive.