Arex Industries shareholders approved a final dividend of ₹2.50 per equity share for the financial year ended March 31, 2026, during the company's 37th Annual General Meeting (AGM).

The meeting was held on September 23, 2026, through Video Conferencing and Other Audio Video Means (OAVM). The agenda included the adoption of audited financial statements and reports of the Directors and Auditors for FY26.

Key resolutions passed

Shareholders passed ordinary and special resolutions regarding corporate governance and leadership continuity. The following items were transacted:

1. Adoption of audited financial statements for FY26.
2. Approval of final dividend of ₹2.50 per equity share.
3. Re-appointment of Pragnesh Kantilal Shah as a Director retiring by rotation.
4. Re-appointment of Laxman Chetandas Tilani as a Director retiring by rotation, with consent sought under Regulation 17(1A) of SEBI Listing Regulations.
5. Re-appointment of Aviv Joseph Divekar as Independent Director for a second and final term.

Voting results

The voting on all five resolutions contained in the Notice of AGM dated July 29, 2026, were cast through remote e-voting and e-voting during the AGM. Based on the report submitted by Mr. Abraham Pingle, Practising Company Secretary, the Scrutinizer appointed for both remote e-voting and e-voting during AGM, all 5 resolutions were declared passed with requisite majority.

The summary of voting results is as follows:

For each resolution, 18,11,198 votes were cast in favour and 128 votes against. No votes were cast via e-voting at the AGM itself; all participation occurred through remote e-voting.

Voting and procedural details

The company provided remote e-voting facilities to members from September 20, 2026, at 9:00 am to September 22, 2026, at 5:00 pm. Shareholders present virtually who had not voted earlier could cast their votes during the meeting.

Details of voting results were submitted separately in compliance with Regulation 44(3) of the Listing Regulations. The Managing Director, Neel Bilgi, signed the intimation filed with BSE Limited.

Arex Industries has scheduled its Annual General Meeting (AGM) for September 25, 2026. The company published a newspaper advertisement on August 26, 2026, in the Western Times to inform shareholders of the event and related corporate actions.

The notice was filed with the Bombay Stock Exchange on August 27, 2026, pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms the publication of details regarding the AGM notice, remote e-voting information, and the record date.

IEPF Transfer Notice

In compliance with Section 124(4B) of the Companies Act, 2013, Arex Industries announced the transfer of unclaimed dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF). This action pertains to the final dividend declared for the financial year 2018-19, which remained unclaimed for seven consecutive years.

Key Details for Shareholders

• Physical Shares: Original share certificates for affected shareholders will stand automatically cancelled and deemed non-negotiable upon transfer.
• Demat Shares: Shares will be debited from the respective Demat accounts.
• Claim Process: Shareholders must file Form IEPF-5 with the IEPF Authority to claim transferred dividends and shares. No claims will lie against the company for amounts already transferred.

The company stated it is sending individual communications to concerned shareholders at their registered addresses. Details are also available on the company website.

What the Numbers Show

The transfer of dividends from FY19 indicates that these payouts have remained dormant for seven years, triggering mandatory regulatory transfer rules under the Companies Act, 2013.