Aveer Foods Limited declared a dividend of ₹0.25 per equity share for the financial year ended March 31, 2026. The announcement was made during the company's 7th Annual General Meeting (AGM), held virtually on September 29, 2026.

The meeting was conducted via Video Conferencing and Other Audio Visual Means in compliance with Ministry of Corporate Affairs and SEBI circulars. The proceedings were deemed to be conducted at the registered office in Pune. The combined results of remote e-voting and e-voting at the AGM will be submitted separately upon receipt of the Scrutinizer's Report.

Key resolutions passed

Shareholders approved several ordinary resolutions covering financial adoption, director reappointments, and related party transactions. The audited financial statements for FY26 were adopted without any qualifications or adverse remarks from the statutory auditors or secretarial auditors.

Management updates and governance

Vishal Chordia, Managing Director, apprised members of the company's overall performance during FY26. Anand Chordia, Managing Director, highlighted initiatives in innovation, product development, quality, and ESG. The company also approved the reappointment of Bapu Gavhane as Whole Time Director for the period from October 31, 2026 to October 30, 2027.

Additionally, shareholders approved revised limits for material related party transactions with M/s Pravin Masalewale, effective from the date of this AGM until the conclusion of the next AGM in 2027. Satish and Satish Company Secretaries were appointed as Secretarial Auditors for a further period of five years.

The meeting concluded with a vote of thanks to the Chairman, Rajkumar Chordia, acknowledging support from stakeholders including customers, suppliers, bankers, and government authorities.

Aveer Foods has declared a final dividend of ₹0.25 per equity share of face value ₹10 each for the financial year ended March 31, 2026. The company has also rescheduled its seventh Annual General Meeting (AGM) to September 29, 2026.

The Board of Directors recommended the 2.5% dividend payout in its meeting held on September 7, 2026. The AGM will be conducted via Video Conferencing or Other Audio Visual Means to adopt the annual accounts for FY26.

Meeting Details

The AGM is scheduled for Tuesday, September 29, 2026, at 11:30 am IST. Members can attend remotely without physical presence at a common venue. The notice and annual report are available on the company website and stock exchange portals.

Dividend and Record Date

Shareholders on record as of Tuesday, September 22, 2026, are eligible for the dividend. The book closure period runs from Wednesday, September 23, 2026, to Tuesday, September 29, 2026, both days inclusive. This record date applies to both the dividend declaration and the AGM.

E-Voting Process

Remote e-voting will commence on Saturday, September 26, 2026, at 9:00 am and conclude on Monday, September 28, 2026, at 5:00 pm. Shareholders holding shares as of the cut-off date, September 22, 2026, are eligible to vote. The facility is provided by Central Depository Services (India) Limited.

Members who cast their votes via remote e-voting cannot vote again during the meeting. Those attending the meeting but not having voted remotely can vote electronically during the session. Votes cannot be changed once cast.

Additional Information

A special window for the transfer and dematerialization of physical securities remains open until February 4, 2027. This facility applies to shares sold or purchased before April 1, 2019. Shareholders with physical shares are advised to update their KYC details to receive dividends electronically.