Bhagiradha Chemicals & Industries Limited shareholders approved a final dividend of ₹0.15 per equity share for FY26 with 99.99% support during its 33rd Annual General Meeting (AGM) on July 31, 2026. The meeting, conducted via Video Conferencing (VC) / Other Audio Video Means (OAVM), also saw the re-appointment of Suresh Kumar Somani as a Non-Executive Non-Independent Director and the ratification of cost auditor remuneration, reflecting strong shareholder alignment with Board proposals.

The consolidated scrutinizer’s report, submitted by Corporate Advocate Puttaparthi Jagannatham, confirmed that all four ordinary resolutions passed with requisite majorities. A total of 79,556,209 valid votes were cast out of 129,669,080 shares held by shareholders on the record date of July 23, 2026, representing a 61.35% participation rate. Remote e-voting was facilitated by National Securities Depository Limited (NSDL) between July 27 and July 30, 2026.

Voting Breakdown

Shareholder support was consistent across promoter and public categories. Promoter and Promoter Group shareholders, holding 25,410,000 shares, voted unanimously in favor of all resolutions. Public institutions and non-institutions also showed overwhelming support, with dissent limited to a negligible fraction of votes.

Key Resolutions and Compliance

The Board sought approval to ratify the remuneration of M/s. Sagar & Associates, Cost Accountants, at ₹1,25,000 per annum plus out-of-pocket expenses and GST at actuals for the financial year ending March 31, 2027. This resolution passed with 99.99% support. The statutory auditors, R. Kankaria & Uttam Singhi, issued unqualified reports on the financial statements for the year ended March 31, 2026.

Sharanya M, Company Secretary & Compliance Officer, confirmed that the virtual meeting adhered to Secretarial Standard on General Meetings (SS-2) and applicable Ministry of Corporate Affairs (MCA) circulars. The voting process was scrutinized in accordance with Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No invalid votes were recorded during the process.

Bhagiradha Chemicals & Industries Limited has scheduled its 33rd Annual General Meeting (AGM) for Friday, July 25, 2026, at 11:00 a.m. IST via Video Conferencing (VC) and Other Audio Visual Means (OAVM). The Board of Directors has recommended a final dividend of 15%, equivalent to ₹0.15 per equity share of face value ₹1 each, for the financial year ended March 31, 2026, subject to shareholder approval. The company has also appointed M/s. Sagar & Associates as Cost Auditors for FY 2026-27, with a proposed remuneration of ₹1,25,000 per annum plus expenses, pending ratification at the meeting.

Pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed that the newspaper advertisement regarding the 33rd AGM and e-voting information was published on July 09, 2026. The notice appeared in the Financial Express (all editions), an English language national daily, and Mana Telangana (Hyderabad edition), a regional language newspaper where the Registered Office of the company is situated. The information is also available on the company's website.

The AGM will transact ordinary business including the adoption of audited standalone and consolidated financial statements for FY 2025-26 and the re-appointment of Sri. Suresh Kumar Somani (DIN: 00031096), a Non-Executive Non-Independent Director retiring by rotation. The Register of Members and Share Transfer Books will remain closed from Monday, July 24, 2026, to Friday, July 26, 2026, to determine dividend eligibility.

Key Meeting Details

Dividend Information

The Board has recommended a final dividend of ₹0.15 per share for FY 2025-26. Payment will be made electronically to members with updated bank details, while dividend warrants will be dispatched to others. Tax Deducted at Source (TDS) will apply as per prevailing regulations, with no TDS for resident individuals if the total dividend does not exceed ₹10,000. Members must submit necessary documents, such as Form 121 or Tax Residency Certificates, by July 26, 2026, to claim lower or nil withholding rates.

E-Voting and Access

Remote e-voting facilities will be available from Monday, July 27, 2026, at 09:00 a.m. to Thursday, July 30, 2026, at 05:00 p.m., facilitated by National Securities Depository Limited (NSDL). Members can cast votes during the AGM via e-voting if they have not voted remotely. The facility for appointing proxies is not available due to the virtual meeting format. Shareholders must ensure their email IDs and mobile numbers are registered with the depository or the Registrar & Share Transfer Agent, M/s. XL Softech Systems Limited, to receive communications and access the meeting.