Britannia Industries has updated the timing for one of its scheduled investor meetings. The company announced that its one-to-one session with Enam Asset Management Company Private Limited, originally planned for 12:00 pm on August 17, 2026, has been rescheduled to 1:00 pm IST. The meeting will continue to be held virtually via video conference.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This update follows the initial intimation sent to stock exchanges on August 11, 2026, regarding the broader schedule of analyst and institutional investor meets set between August 14 and August 25, 2026.

Updated Meeting Schedule

The following table reflects the revised timing for the Enam Asset Management engagement while keeping the rest of the calendar intact:

Regulatory Compliance

The notice was signed by Sona Rajora, Company Secretary & Compliance Officer, on August 14, 2026, and submitted to both BSE Limited and the National Stock Exchange of India Limited. Britannia Industries confirmed that no unpublished price-sensitive information will be shared during these interactions. Any further changes to the schedule will be communicated to the exchanges.

Britannia Industries Limited shareholders approved the final dividend for FY26 and reappointed Ness N. Wadia as a Non-Executive Non-Independent Director at its 107th Annual General Meeting (AGM) held on August 7, 2026. The meeting, conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM), concluded with all four resolutions passed, though the reappointment of Mr. Wadia drew notable opposition from institutional investors, signaling ongoing governance scrutiny within the promoter-controlled FMCG major.

The AGM commenced at 3:30 P.M. IST and concluded at 6:00 P.M. IST, presided over by Chairman Nusli N. Wadia in compliance with the Companies Act, 2013 and SEBI Listing Regulations, 2015. Remote e-voting was facilitated by National Securities Depository Limited (NSDL) from August 4 to August 6, 2026. A total of 123 members representing 12,17,94,692 equity shares were present, with participation primarily driven by the promoter group and public institutions. Mitesh Dhabliwala of Parikh & Associates served as the scrutinizer for the voting process.

Voting Results Overview

All four ordinary resolutions were passed with the requisite majority. Voting patterns revealed strong alignment among promoters and public non-institutional investors, while public institutions showed selective dissent on board composition matters.

Governance and Director Reappointment

The most contentious resolution was the reappointment of Mr. Ness N. Wadia (DIN: 00036049). While the promoter group voted unanimously in favour, representing 12,17,52,892 shares, public institutional investors cast 2,03,72,983 votes against the resolution, amounting to 27.59% of their polled votes. This resulted in an overall approval rate of 89.59%, well above the statutory threshold but indicating distinct institutional concern regarding board tenure or composition.

In contrast, the adoption of audited financial statements for FY26 and the ratification of remuneration for cost auditors for the financial year ending March 31, 2027, received overwhelming support. Public institutions voted entirely in favour of the dividend declaration and cost auditor ratification, with less than 0.12% dissent recorded only on the financial statements adoption.

Shareholder Participation and Proceedings

The total number of shares held by all categories stood at 24,08,68,296. Participation rates varied significantly across shareholder segments:

• Promoter Group: 100% participation across all resolutions.
• Public Institutions: Approximately 86–89% participation, depending on the resolution.
• Public Non-Institutions: Less than 0.4% participation, primarily through remote e-voting.

Key managerial personnel present included CEO and Managing Director Rakshit Hargave, Executive Director and CFO N. Venkataraman, and Independent Directors Dr. Ajay Shah, Dr. Y.S.P. Thorat, Tanya Dubash, Pradip Kanakia, Sunil S. Lalbhai, and Rajesh Batra. Company Secretary Sona Rajora conducted the e-voting process, which remained open for 30 minutes during the meeting for those who had not voted remotely. The Chairman confirmed that there were no qualifications or adverse remarks in the reports of the Statutory Auditors, Secretarial Auditors, or Cost Auditors for FY26.