Accedere Limited held its 43rd Annual General Meeting (AGM) on September 23, 2026, where members approved a final dividend of ₹0.10 per equity share of face value ₹10 each for the financial year ended March 31, 2026.

The meeting was conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM), with the registered office in Mumbai serving as the deemed venue. Neelam Purohit, Company Secretary and Compliance Officer, confirmed the presence of quorum and commenced the proceedings. Ashwin Chaudhary, Managing Director, provided an overview of the company's growth and future developments, while Kunal Chaudhary, Director and CFO, detailed the financial performance for FY26 and discussed new products and business developments involving subsidiary Freebird Aerospace India Private Limited.

Key resolutions passed

The members voted on several ordinary and special business items through a remote e-voting facility provided by MUFG Intime India Private Limited. The voting window opened on September 20, 2026, and closed on September 22, 2026. V. Ramachandran served as the scrutinizer for the process.

The following key resolutions were approved:

• Adoption of standalone and consolidated financial statements for FY26.
• Re-appointment of Kunal Chaudhary as director, retiring by rotation under Section 152(6) of the Companies Act, 2013.
• Declaration of a final dividend of ₹0.10 per equity share.
• Approval of material related party transactions with identified subsidiaries and related parties for FY27.

Special business items

In addition to ordinary business, shareholders approved special resolutions to alter the Objects Clause of the Memorandum of Association and the Articles of Association of the company. The meeting also saw the approval of a revision in the remuneration of Kunal Chaudhary, who serves as Executive Director.

The Independent Auditor’s report contained no qualifications, adverse remarks, or observations, and thus was not read out during the session. The meeting concluded at 11:13 am with a vote of thanks.

Accedere has scheduled its 43rd Annual General Meeting for September 23, 2026, to approve its FY26 financial results and a final dividend of ₹0.10 per share.

The Board of Directors convened on August 24, 2026, to approve these corporate actions. The meeting commenced at 3:30 pm and concluded at 4:45 pm. Neelam Purohit, Compliance Officer, signed the disclosure filed with BSE Limited.

Key Dates

Members holding shares on the record date will be eligible to receive the final dividend for FY26. This payout is subject to approval by shareholders at the ensuing AGM.

Dividend Details

The company has recommended a final dividend of ₹0.10 per equity share of face value ₹10 each for the financial year ended March 31, 2026. The dividend will be paid to members whose names appear in the Register of Members or as beneficial owners in the records of the Depositories as on the record date.

Financial Performance FY26

The company reported significant growth in profitability for FY26 compared to the previous year.

Revenue from operations grew 13.79% to ₹414.40 lakh. Operating profitability improved substantially, with EBITDA rising 96.77% to ₹121.11 lakh, driven by better operating leverage and improved business mix. Net Profit surged 216.65% to ₹80.43 lakh, reflecting continued focus on cost discipline and efficient resource utilization.

What the Numbers Show

The divergence between revenue growth (13.79%) and net profit growth (216.65%) highlights a sharp improvement in operational efficiency. While top-line expansion was moderate, the near doubling of EBITDA indicates that cost controls and a favorable business mix significantly amplified bottom-line gains during FY26.

Special Business Agenda

Shareholders will also vote on several special resolutions:

• MoA Alteration: Approval to expand business objects into land/real estate, hotels/hospitality, and agricultural/agro products.
• Director Remuneration: Revision of remuneration ceiling for Executive Director Mr. Kunal Chaudhary from ₹18.00 lakh to ₹30.00 lakh per annum.
• Related Party Transactions: Approval for material related party transactions with identified subsidiaries up to ₹1 crore aggregate value for FY27.
• Articles of Association: Amendments to empower the Board to undertake corporate actions like bonus shares, rights issues, and borrowings without further shareholder consent where permissible by law.

Corporate Developments

During FY26, Accedere issued bonus shares in a 1:10 ratio to eligible non-promoter shareholders, allotting 83,220 equity shares. This action helped the company achieve compliance with Minimum Public Shareholding (MPS) requirements. The company also appointed Mr. Kunal Chaudhary as Chief Financial Officer, succeeding Ms. Priya Chaudhary who resigned from her roles in late 2025.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE578B01015/1c09384e-72ab-4bf7-8a1e-67e20ee68247.pdf