Axis Solutions Limited inaugurated a flow calibration lab and commissioned a 160 kW on-grid solar power plant at its Site 108 facility in Ahmedabad on August 29, 2026. The initiatives aim to enhance measurement precision for industrial clients while reducing the company's carbon footprint through renewable energy adoption.

The disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Axis Flow Calibration Lab

The new facility utilizes the gravimetric method as its primary calibration standard, weighing actual fluid mass to determine flow rate. The lab covers a range from 15 NB to 450 NB, accommodating small process lines to large-diameter industrial pipelines. It features dual simultaneous rig operation using stainless steel (SS) and mild steel (MS) rigs, managed via an in-house SCADA system.

Key capabilities include:

• Gravimetric calibration aligned with IEC/ISO standards
• High-precision Calibration & Measurement Capability (CMC)
• Support for electromagnetic, ultrasonic, and mass flow meters
• Service for water distribution, oil & gas, cement, and EPC sectors

Solar Power Initiative

The 160 kW on-grid solar plant at Site 108 became live by the end of May 2026, following the completion of all regulatory approvals. This Phase 1 installation aims to reduce grid power consumption and lower long-term energy costs.

Phase 2 involves feasibility studies for 20 kW solar power plants at Sites 324 and 332. The initiative supports cleaner manufacturing and positions the company to meet future ESG requirements.

Lean Manufacturing Advancements

Axis Solutions implemented comprehensive lean practices across manufacturing and supply operations. The shift from batch methods to a streamlined single-flow production line and visual, count-free store has accelerated lead times and maximized spatial storage. These changes ensure linear order execution and strict IQC compliance.

What the Numbers Show

The simultaneous launch of high-precision calibration infrastructure and renewable energy generation indicates a strategic pivot toward value-added services and operational sustainability. By internalizing calibration capabilities previously potentially outsourced or performed externally, Axis Solutions captures higher-margin service revenue while reducing dependency on third-party vendors for quality assurance. The 160 kW solar capacity directly offsets grid consumption, suggesting a tangible reduction in variable operating costs for the Site 108 facility.

Axis Solutions has scheduled its 41st Annual General Meeting for September 19, 2026. The meeting will address the adoption of financial statements for FY26 and propose a final dividend of ₹0.60 per equity share.

The company will also seek shareholder approval for the re-appointment of statutory auditors and significant revisions to executive compensation. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (OAVM).

Dividend Proposal

The Board has recommended a final dividend of ₹0.60 per equity share on a face value of ₹10 each for the financial year ended March 31, 2026. This represents a 6% payout ratio relative to the face value. The record date for determining dividend entitlement is fixed for September 12, 2026. Shareholders holding shares in physical form must ensure their bank details are updated to receive electronic payments, as per SEBI mandates effective April 1, 2024.

Executive Remuneration Revisions

Shareholders will vote on special resolutions to revise the annual remuneration ceilings for three key executives, effective from April 1, 2026. The increases align with expanded responsibilities and industry benchmarks.

The proposed remuneration includes both fixed and variable components. In the event of inadequate profits, the company will continue to pay minimum remuneration within these specified limits.

Auditor Appointments

The meeting will also cover the re-appointment of M/s. Chandabhoy & Jassoobhoy as Statutory Auditors for a second term of five years, concluding after the 46th AGM in FY31. The proposed fee cap is ₹10,00,000 plus out-of-pocket expenses. Additionally, M/s. Utkarsh Shah & Co. will be re-appointed as Secretarial Auditors for five years, with fees set at ₹1,40,000 for FY27.

Annual Report Dispatch

Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Axis Solutions has dispatched letters containing web-links to the FY26 Annual Report. This action targets members who have not registered their email addresses with the company, depositories, or the Registrar and Share Transfer Agent, Accurate Securities and Registry Private Limited.

The cut-off date for this dispatch is September 12, 2026. Shareholders are urged to update their email addresses with their depository participants to receive future communications electronically, supporting the company's green initiative.

What the Numbers Show

The remuneration structure indicates a concentrated leadership model. Managing Director Bijal Sanghvi and Executive Director Purvi Sanghvi are husband and wife, collectively controlling over 90% of the company's equity through their combined holdings of 3,22,26,384 and 79,96,632 shares respectively. This high promoter concentration suggests that decisions regarding executive pay are likely to pass easily given their voting power.