Automotive Axles Limited has declared a final dividend of ₹32 per share, or 320%, for the financial year 2025-26, subject to shareholder approval at its 45th Annual General Meeting (AGM). The company has fixed Wednesday, August 5, 2026, as the record date to determine member eligibility for the dividend payout, which is expected on or before September 10, 2026. The AGM is scheduled to be held on August 12, 2026, at 3.00 P.M. IST via video conferencing.

The register of members and share transfer books will remain closed from Thursday, August 6, 2026, to Wednesday, August 12, 2026, inclusive. The company has dispatched the notice of the AGM and the Annual Report for FY 2025-26 to members electronically. For members whose email addresses are not registered, physical copies of the web-link and QR Code for accessing the Annual Report have been dispatched.

Pursuant to SEBI regulations, the company mandates that dividends for holders of securities in physical form will be paid only through electronic mode effective from April 1, 2024. This requires the folio to be KYC compliant, with registered PAN, contact details, bank account details, and specimen signature. Additionally, SEBI has opened a special window for the transfer and dematerialisation of physical securities lodged prior to April 1, 2019, from February 5, 2026, to February 4, 2027.

Automotive Axles has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting. 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.

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.