Atam Valves Limited shareholders approved a final dividend of ₹0.35 per equity share of face value ₹10 each for the financial year ended March 31, 2026. The resolution was passed during the company's 41st Annual General Meeting held on September 24, 2026.

The meeting, conducted in physical mode at Hotel Radisson in Jalandhar, Punjab, also saw the adoption of the audited standalone financial statements for FY26. Members ratified the reappointment of Vimal Parkash Jain and Pamela Jain as Whole-Time Directors. Additionally, the board’s recommendations regarding remuneration for the Managing Director and other Whole-Time Directors were approved.

Financial Performance Highlights

During the proceedings, Bhavik Jain, Whole-Time Director, presented the financial highlights for FY26. The company reported robust operational metrics alongside the proposed payout.

The Board recommended the dividend subject to shareholder approval, which was subsequently granted. The relevant portions of the Board’s Report and the Statutory Auditors’ Report were read out to the members present.

Governance and Special Business

The agenda included several special business items aimed at strengthening corporate governance and operational flexibility. Key approvals included:

• Approval to enter into material related party transactions with AMCO Industries.
• Increase in borrowing powers of the Board of Directors pursuant to Section 180(1)(C) of the Companies Act, 2013.
• Authorization to create charges, mortgages, and hypothecations under Section 180(1)(A) of the Companies Act, 2013.
• Approval of remuneration for Amit Jain (Managing Director), Vimal Parkash Jain, Pamela Jain, and Bhavik Jain (Whole-Time Directors).

Voting was conducted via remote e-voting prior to the meeting and by ballot during the session for those not having voted electronically. The scrutinizer’s report and consolidated voting results are scheduled for submission to the stock exchanges within prescribed timelines.

What the Numbers Show

The disclosed figures reveal a net profit margin of approximately 5.1% for FY26, derived from the reported Profit After Tax of ₹241.54 lakh against Revenue from Operations of ₹4,729.29 lakh. This indicates that for every ₹100 of revenue generated, the company retained roughly ₹5.10 as bottom-line profit before any further deductions or reserves allocation mentioned in the full report.

Atam Valves has confirmed its 41st annual general meeting will be held on September 24, 2026, at Hotel Radisson in Jalandhar. The Board of Directors recommended a final dividend of ₹30.35 per equity share for FY26, subject to shareholder approval.

The company published the newspaper advertisement intimating the meeting date on August 31, 2026, in "Nawan Zamana" and "Financial Express". The record date for determining eligible shareholders is fixed as September 16, 2026. If approved, the dividend will be paid on or before October 24, 2026.

AGM Details & E-Voting

The physical meeting is scheduled for 12:00 pm on September 24, 2026. Central Depository Services (India) Limited (CDSL) will facilitate remote e-voting from September 21 to September 23, 2026. The Board appointed Mr. Parminder Pal Singh Rally of M/s P. S. Rally & Associates as the scrutinizer for the voting process.

Director Re-Appointments

Mrs. Pamela Jain and Mr. Vimal Parkash Jain retire by rotation and offer themselves for re-appointment as whole-time directors. Mrs. Jain oversees financial operations, while Mr. Jain, the founder, heads production strategies. Their re-appointments require shareholder approval.

Related Party Transactions

The board proposes entering into material related party transactions with AMCO Industries, a proprietorship concern of Managing Director Mr. Amit Jain. The proposed aggregate value for FY27 is capped at ₹35 crore. This represents approximately 74% of Atam Valves' annual consolidated turnover from the preceding year. Transactions will occur in the ordinary course of business on an arm's length basis.

Remuneration Approvals

Shareholders will vote on fixing maximum monthly remuneration for four key executives effective from September 2026:

• Mr. Amit Jain (Managing Director): ₹12 lakh per month
• Mr. Vimal Parkash Jain (Whole-Time Director): ₹8 lakh per month
• Mrs. Pamela Jain (Whole-Time Director): ₹8 lakh per month
• Mr. Bhavik Jain (Whole-Time Director): ₹5 lakh per month

These approvals are sought notwithstanding any inadequacy of profits, as permitted under Schedule V of the Companies Act, 2013.

Borrowing Powers & Charges

The board seeks shareholder consent to increase borrowing powers under Section 180(1)(c) of the Companies Act, 2013. The total outstanding borrowings, including secured and unsecured loans, shall not exceed ₹60 crore. Additionally, proposals to create charges, mortgages, and hypothecations over company assets to secure these loans were approved subject to member consent.