Ajmera Realty & Infra India holds 39th AGM, approves ₹1 dividend
- Final dividend of ₹1 per equity share approved for FY26
- Manoj I. Ajmera re-appointed as Managing Director
- Sanjay C. Ajmera re-appointed as Whole-time Director
- Dhaval R. Ajmera appointed as Senior Management Personnel
*this image is generated using AI for illustrative purposes only.
Ajmera Realty & Infra India Ltd concluded its 39th Annual General Meeting on September 23, 2026, via video conferencing. The meeting, held under SEBI regulations, focused on financial approvals and directorial appointments for FY26.
Key resolutions transacted
The Chairman, Rajnikant Ajmera, chaired the session where members voted on several ordinary and special business items. The following key resolutions were put to vote:
| Item | Agenda | Resolution Type |
|---|---|---|
| 1 | Adoption of standalone and consolidated audited financial statements for FY26 | Ordinary |
| 2 | Declaration of final dividend of ₹1 per equity share (face value ₹2) | Ordinary |
| 3 | Re-appointment of Manoj I. Ajmera as Director retiring by rotation | Ordinary |
| 4 | Re-appointment of Manoj I. Ajmera as Managing Director | Special |
| 5 | Re-appointment of Sanjay C. Ajmera as Whole-time Director | Special |
| 6 | Revision in remuneration of Rajnikant S. Ajmera (Chairman & MD) | Special |
| 7 | Appointment of Dhaval R. Ajmera as Senior Management Personnel | Special |
| 8 | Ratification of remuneration for Cost Auditors for FY27 | Ordinary |
Procedural details and voting
The meeting commenced at 4:00 pm and concluded at 4:54 pm. Remote e-voting was conducted through NSDL, with results to be declared within two working days. The Statutory Auditors' Report contained no qualifications or adverse remarks. Members raised queries regarding company performance, which were addressed by Chief Financial Officer Nitin Bavisi.
Corporate governance updates
The Board highlighted the company's progress during FY26. The appointment of Dhaval R. Ajmera as Director-Corporate Affairs marks a strategic addition to the senior management team. The re-appointments of Manoj I. Ajmera and Sanjay C. Ajmera ensure continuity in leadership roles. The Secretarial Auditor's observations were noted, with explanations provided in the Board's Report.
Historical Stock Returns for Ajmera Realty & Infra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.63% | +5.47% | +2.26% | +11.16% | -41.34% | +70.55% |
How will the appointment of Dhaval R. Ajmera as Director-Corporate Affairs influence Ajmera Realty's strategic partnerships and expansion plans in the upcoming fiscal year?
What specific growth metrics or project pipelines justify the revised remuneration for Chairman Rajnikant S. Ajmera and the re-appointments of key directors?
Given the clean statutory audit report, how does the company plan to leverage its strengthened balance sheet for future debt-free growth or land acquisition?
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