Albert David Ltd accepted the resignation of Mr. Saikath Banerjee from the position of Cluster-Head, effective from the close of business hours on July 4, 2026. The resignation was tendered due to personal reasons, marking a change in the company's senior managerial personnel. The company expressed its appreciation for his services and contributions during his tenure.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed the stock exchanges about the cessation of the managerial role through an official filing submitted on July 4, 2026.

Details of Resignation

The following table outlines the key details regarding the change in senior management as per the regulatory filing:

The resignation was communicated internally via email by the Corporate Head - HR, confirming that July 4, 2026, was the last working day for the official. The company has not yet announced a replacement for the position.

Albert David Limited has fixed July 30, 2026, as the record date for determining shareholder eligibility for a final dividend of Rs 5 per equity share. The dividend, recommended by the Board of Directors at its meeting on May 12, 2026, is for the financial year ended March 31, 2026, and is subject to approval by shareholders at the 87th Annual General Meeting (AGM).

The company announced that the 87th AGM will be held on Thursday, August 6, 2026, at 9:30 a.m. IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The notice for the AGM and the Annual Report for the financial year 2025-26 will be sent electronically to members with registered email addresses. Physical copies of the report will be dispatched to members without registered email addresses.

E-Voting and Participation

Shareholders will be able to cast their votes on the business to be transacted at the AGM through a remote e-voting system or e-voting during the meeting. The detailed procedure for remote e-voting and participation via VC/OAVM will be provided in the notice of the AGM. Members attending the AGM who have not cast their vote via remote e-voting will be able to vote electronically during the meeting.

Key Dates and Details

The company has also informed shareholders that dividend income is taxable in their hands under the Income Tax Act, 1961, and the company will deduct tax at source at the prescribed rates. Members holding shares in physical form must ensure their KYC details, including PAN and bank account details, are updated to receive dividends electronically.