Antony Waste Handling Cell Limited held its 25th Annual General Meeting (AGM) on August 20, 2026, declaring its maiden final dividend for FY26. The company also secured shareholder approval for all 16 ordinary and special resolutions placed before the meeting.

The meeting was conducted via Video Conferencing/Other Audio Visual Means (OAVM). In the absence of Chairman and Managing Director Mr. Jose Jacob Kallarakal, Executive Director and Chief Risk Officer Mr. Shiju Jacob Kallarakal chaired the proceedings. A total of 50 members representing 78,26,635 equity shares attended the meeting, establishing a requisite quorum.

Voting Results Overview

The Scrutinizer's Report confirmed that all resolutions were passed with the requisite majority. Remote e-voting was conducted from August 17 to August 19, 2026, followed by e-voting during the AGM on August 20. As of the record date of August 13, 2026, the company had 80,853 shareholders holding a total of 2,83,82,100 equity shares.

Promoter and promoter group shareholders voted in favor of all resolutions where they were not interested parties. For resolutions involving related-party transactions (Items 4-9), promoters abstained as per regulatory requirements. Public institutional investors showed high participation rates, often exceeding 97% of outstanding shares for non-related-party items.

Key Resolutions Approved

Shareholders passed ordinary and special resolutions covering various corporate governance and operational matters. Key approvals included:

• Adoption of the Audited Standalone and Consolidated Financial Statements for FY26.
• Declaration of the final dividend on equity shares for FY26.
• Re-appointment of Mr. Shiju Jacob Kallarakal as a Director liable to retire by rotation.
• Approval of material related-party transactions with subsidiaries Antony Lara Enviro Solutions Private Limited, Mumbai Eco Solutions Private Limited, and Antony Lara Renewable Energy Private Limited.
• Reclassification of authorized share capital with consequential amendments to the Memorandum of Association.
• Payment of commission to Independent Directors.

Special resolutions were passed to approve:

• Increase in borrowing limits under Section 180(1)(C) of the Companies Act, 2013.
• Creation of security interest over company assets under Section 180(1)(A).
• Granting of loans under Section 185 of the Companies Act, 2013.
• Remuneration and term fixation for Executive Director Mr. Shiju Jacob Kallarakal.

Operational Highlights and Outlook

In his address, Mr. Shiju Jacob Kallarakal highlighted the company's growth trajectory over 25 years. Antony Waste now manages over 5.69 million tonnes of waste annually, serving more than 4.57 million households and establishments across 10 states. The company reported crossing ₹1,084 crore in revenue for FY26, strengthening profitability while investing in future capabilities.

The chairman acknowledged the unfortunate incident at the PCMC facility in Pune in July 2026, emphasizing the need to strengthen risk management, safety protocols, and climate preparedness. Looking ahead, the company plans to focus on innovation, digitalization, waste-to-energy projects, and resource recovery to capitalize on India's urbanization trends.

What the Numbers Show

The declaration of a maiden dividend coinciding with a revenue milestone of ₹1,084 crore signals improved cash flow generation and shareholder return priorities after two decades of operation. The simultaneous approval of increased borrowing limits and security creation suggests continued capital expenditure requirements for infrastructure expansion and project execution.

Antony Waste Handling Cell Limited will host an investor conference on August 25, 2026, at 11:00 am. The event is organized by Systematix Institutional Equities and will feature both one-on-one and group meetings with company officials.

Meeting Details

The conference aims to provide investors with an opportunity to engage directly with the company’s management team. Discussions during the session will be strictly based on publicly available information, ensuring compliance with regulatory disclosure norms.

Regulatory Disclosure

The announcement was made pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified the Listing Departments of both BSE Limited and the National Stock Exchange of India Limited regarding the schedule.

Company Secretary Harshada Rane signed the intimation letter dated August 18, 2026. The company noted that changes to the schedule may occur due to exigencies on the part of participants or the company.