Alka India Limited has announced its 32nd Annual General Meeting scheduled for May 4, 2026 at 11:00 AM, to be conducted through Video Conferencing without physical presence of members. The meeting will address several significant corporate developments including dividend declaration, business expansion, and bonus share issuance.

Dividend Declaration and Financial Matters

The Board of Directors has recommended a final dividend for the financial year ended March 31, 2026. The company has set April 27, 2026 as the record date for dividend eligibility.

The AGM will also consider adoption of audited standalone and consolidated financial statements for FY2025-26, along with the reports of Board of Directors and Auditors.

Business Expansion Through MOA Amendment

The company proposes significant business diversification through amendments to its Memorandum of Association. The special resolution seeks to add two new business verticals to the company's main objects.

Ethanol Business Expansion: The proposed amendment includes authorization to manufacture, process, and trade in ethanol of all kinds including fuel ethanol, bio-ethanol, industrial ethanol, rectified spirit, and extra neutral alcohol. The company plans to establish distilleries, processing plants, and related infrastructure while entering arrangements with government authorities and oil marketing companies.

Metals and Mining Operations: The second addition covers comprehensive metals and mining business including manufacturing, processing, and trading in ferrous and non-ferrous metals such as copper, zinc, iron, steel, aluminum, and brass. The scope extends to mining operations, mineral extraction, metallurgical processes, and hydrocarbon exploration including crude oil and natural gas.

Bonus Share Issue for MPS Compliance

A significant proposal involves issuing bonus shares exclusively to public shareholders to meet minimum public shareholding requirements. The bonus issue structure demonstrates the company's commitment to regulatory compliance.

The bonus shares will rank pari-passu with existing equity shares and will be allotted in dematerialized form only. Promoters and promoter group will forgo their entitlement to ensure MPS compliance.

Director Reappointment

Jatinbhai Patel (DIN: 06973337), Non-Executive Director, seeks reappointment as he retires by rotation. Appointed on February 18, 2025, Patel holds 2,50,000 equity shares (5% shareholding) and attended 9 board meetings during the year. He brings engineering qualifications and entrepreneurial experience in agro-commodities and textile sectors.

Meeting Logistics and Voting

The AGM will be conducted through video conferencing in compliance with MCA circulars. Remote e-voting will be available from May 1, 2026 at 9:00 AM to May 3, 2026 at 5:00 PM. The company has appointed M/s. J.D. Khatnani & Associates as scrutinizer for the e-voting process.

Shareholders can participate through NSDL and CDSL platforms, with detailed login procedures provided for both demat and physical shareholding modes. The register of members will remain closed from April 28 to May 4, 2026.

Alka India Limited's Board of Directors has recommended a 6:1 bonus share issue exclusively for public shareholders, excluding promoter and promoter group members. The company announced this decision in its regulatory filing under Regulation 30 and 42 of the Listing Regulations, with the record date fixed as May 08, 2026.

Bonus Issue Structure and Compliance Objective

The Board approved the issuance of bonus equity shares in the proportion of 6:1, meaning 6 bonus equity shares of Re. 1/- each for every 1 fully paid-up equity share held by public shareholders. This selective bonus issue excludes promoter and promoter group members and is designed to achieve compliance with minimum public shareholding requirements mandated under rule 19A of the Securities Contracts (Regulation) Rules, 1957.

Regulatory Framework and Record Date

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has fixed Friday, May 08, 2026 as the record date for ascertaining eligibility of public shareholders entitled for bonus equity shares. The bonus issue is subject to approval of members at the ensuing 32nd Annual General Meeting.

Financial Performance Overview

The company demonstrated a remarkable recovery in its financial performance during FY26. On a standalone basis, Alka India reported strong operational metrics across key parameters with total income of ₹250.21 lakh.

Dividend Declaration

The Board recommended a final dividend of ₹0.04 per equity share of face value Re. 1/- each for FY26 on the entire issued, subscribed and paid-up share capital of 50,00,000 equity shares.