Automotive Axles Limited has scheduled its 45th Annual General Meeting (AGM) for August 12, 2026, at 3.00 P.M. IST via video conferencing. The meeting will be held to transact business as outlined in the notice dated May 19, 2026. The company has dispatched the notice of the AGM and the Annual Report for the financial year 2025-26 to members electronically.

The Board has fixed Wednesday, August 5, 2026, as the cut-off date to determine member eligibility for the final dividend on equity shares, if declared at the meeting. Consequently, the register of members and share transfer books will remain closed from Thursday, August 6, 2026, to Wednesday, August 12, 2026, inclusive.

Pursuant to SEBI regulations, the company mandates that dividends for secondary holders holding securities in physical form will be paid only through electronic mode effective from April 1, 2024. This payment requires the folio to be KYC compliant, with registered PAN, contact details, bank account details, and specimen signature.

The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting on the resolutions. Shareholders holding shares in physical or dematerialized form as of the cut-off date are entitled to vote. The remote e-voting period commences on August 9, 2026, at 9.00 a.m. IST and concludes on August 11, 2026, at 5.00 p.m. IST. Members who vote remotely may attend the AGM but will not be permitted to vote again during the meeting.

Members acquiring shares after the dispatch of the notice but holding them as of the cut-off date may obtain login credentials by requesting them via email. For queries regarding e-voting, members may refer to the FAQs on the NSDL website or contact the designated helpline.

Automotive Axles Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the stock exchanges. The report outlines the company's environmental, social, and governance (ESG) performance, including a strategic target to source 90% of its total power consumption from renewable energy by 2028. The company reported exports of ₹2,189.62 million, which accounted for 10.05% of its total turnover for the year.

Operational and Financial Overview

The company operates on a standalone basis with 7 plants and 1 office nationally. It serves the commercial vehicle industry, with rear and front axles contributing 58.31% to its turnover and brakes contributing 25.13%. The total workforce comprised 337 employees and 3,005 workers as of the end of the financial year. The company’s paid-up capital stands at 151.12 Million.

Sustainability and Environmental Initiatives

Automotive Axles has set several sustainability goals, including converting gas-fired furnaces to electric heating systems and striving for water positivity through rainwater harvesting. The company reported total energy consumption of 176,745.702 GJ for FY26, with an energy intensity of 83.067 GJ/Crore of turnover. Water consumption stood at 147,950 kiloliters, with an intensity of 69.533 kiloliters/Crore of turnover. The company generated 7,950 metric tons of waste, of which 7,916 metric tons were recycled.

Governance and Compliance

The Board of Directors oversees the implementation of Business Responsibility policies, with Mr. Nagaraja Gargeshwari, President & Wholetime Director, responsible for decision-making on sustainability issues. The company reported no material non-compliances with the National Guidelines on Responsible Business Conduct (NGRBCs) principles during the year. However, it disclosed penalties amounting to ₹50,000 and ₹569 related to factory accidents and provident fund dues, respectively.

Social and Employee Welfare

The company spent 0.38% of its total revenue on employee well-being measures. It provided health and accident insurance to 100% of permanent employees and workers. The report indicates that 96% of permanent employees and 10% of workers received training on human rights issues. The company also engaged in various CSR activities, focusing on healthcare, education, and skill development, benefiting over 130,000 persons.