Acknit Industries shareholders approved the appointment of two new independent directors and a final dividend of ₹1.50 per share at its 36th Annual General Meeting on September 16, 2026.

The meeting, conducted via video conferencing from Kolkata, saw Independent Director Mr. Rajarshi Ghosh address attendees on behalf of Managing Director Mr. Shri Krishan Saraf. A total of 2,308 shareholders were on record as of September 9, 2026, with 62 members attending virtually.

Voting Results Overview

Remote e-voting was facilitated by Central Depositories Services (India) Limited from September 12 to September 15, 2026. Ms. Rekha Goenka served as the scrutinizer, certifying that all resolutions passed with requisite majorities. The promoter group held 1,645,437 shares, while public non-institutional holders held 1,394,563 shares.

Key Resolutions Passed

Shareholders approved several ordinary and special business items during the proceedings:

• Adoption of audited financial statements for the fiscal year ended March 31, 2026.
• Declaration of a final dividend of ₹1.50 per equity share of face value ₹10 each.
• Re-appointment of Mr. Deo Kishan Saraf as a Director upon retirement by rotation.
• Re-appointment of Mr. Rajarshi Ghosh as a Non-Executive Independent Director for a second five-year term, effective June 30, 2026, till June 29, 2031.
• Appointment of Mr. Tushar Jhunjhunwala as a Non-Executive Independent Director for a five-year term, effective July 14, 2026, till July 13, 2031.
• Appointment of Mr. Amitava Mazumder as a Non-Executive Independent Director for a five-year term, effective July 14, 2026, till July 13, 2031.

Governance and Compliance

The meeting adhered to SEBI Listing Regulations and the Companies Act, 2013. Statutory auditors SRB & Associates & Co. were present to address queries. The company confirmed that statutory registers were made available electronically for inspection during the meeting.

Acknit Industries Limited has withdrawn the proposed resolution for the re-appointment of Mr. Shankar Lal Bajaj as an Independent Director from its 36th Annual General Meeting (AGM) scheduled for September 16, 2026. The company cited the demise of Mr. Bajaj on August 21, 2026, as the reason for rendering the resolution infructuous.

The withdrawal was intimated to BSE Ltd. and The Calcutta Stock Exchange Ltd. on August 26, 2026. The company subsequently published the withdrawal notice in Business Standard and Ekdin on August 28, 2026, pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Consequently, the resolution will not be put to vote or considered by members at the forthcoming AGM.

Revised Director Appointments Agenda

The AGM, to be held via Video Conferencing or Other Audio-Visual Means (OAVM), will still transact other special business regarding board composition. Shareholders are requested to approve the following resolutions:

• Re-appointment of Mr. Deo Kishan Saraf as a Director, who retires by rotation.
• Re-appointment of Mr. Rajarshi Ghosh as a Non-Executive Independent Director for a second term of five years, commencing June 30, 2026.
• Appointment of Mr. Tushar Jhunjhunwala as a Non-Executive Independent Director for a term of five years, commencing July 14, 2026.
• Appointment of Mr. Amitava Mazumder as a Non-Executive Independent Director for a term of five years, commencing July 14, 2026.

The resolution for the re-appointment of Mr. Shankar Lal Bajaj, originally scheduled for a second term commencing September 25, 2026, has been removed from the agenda.

Ordinary Business and Dividend

The primary ordinary business items remain unchanged. These include receiving and adopting the Audited Standalone Financial Statements for FY26, along with the reports of the Directors and Auditors. Shareholders will also vote on the declaration of a final dividend of ₹1.50 (15%) per equity share of face value ₹10 each for FY26.

Record Date and E-Voting Details

The Register of Members and Share Transfer Books will remain closed from September 10, 2026, to September 16, 2026. The record date for dividend eligibility is fixed as September 9, 2026.

Remote e-voting, facilitated by Central Depository Services (India) Limited (CDSL), runs from September 12, 2026, at 9:00 am to September 15, 2026, at 5:00 pm. Ms. Rekha Goenka has been appointed as Scrutinizer. Physical attendance is dispensed with.