Chaman Lal Setia Exports voting results confirm FY26 dividend and director reappointments
- Chaman Lal Setia Exports declared a final dividend of ₹3 per share (150% on face value) for FY26
- Voting results for the 32nd AGM held on September 28, 2026, confirmed passage of all four resolutions
- Directors Sankesh Setia and Ankit Setia were reappointed following retirement by rotation
- Audited financial statements for FY26 were adopted by shareholders during the virtual meeting
*this image is generated using AI for illustrative purposes only.
Chaman Lal Setia Exports declared a final dividend of ₹3 per equity share for the financial year ended March 31, 2026. This payout represents a rate of 150% on the face value of ₹2 per share.
The declaration was approved during the company's 32nd Annual General Meeting (AGM), held virtually on September 28, 2026. Shareholders also adopted the audited financial statements for FY26, along with the reports of the Board of Directors and the statutory auditors. Detailed voting results released on September 30, 2026, confirmed that all resolutions were passed with the requisite majority.
Director reappointments
Members passed resolutions to appoint directors in place of those retiring by rotation. Mr. Sankesh Setia and Mr. Ankit Setia were reappointed as directors following their eligibility to offer themselves for re-election.
Mr. Ankit Setia, Whole-time Director, was unable to attend the meeting due to prior commitments. The proceedings were chaired by Mr. Vijay Kumar Setia, Chairman of the company.
Meeting details and voting
The AGM was conducted through Video Conferencing (VC) in compliance with Ministry of Corporate Affairs circulars. Remote e-voting facilities were provided via CDSL from September 25, 2026, to September 27, 2026. Mr. Sunil Dhawan, Proprietor of M/s Sunil Dhawan & Associates, served as the scrutinizer for the voting process.
Key resolutions summary
| Resolution | Details |
|---|---|
| Financial Statements | Adopted audited accounts for FY26 |
| Dividend | ₹3 per equity share (150% on face value) |
| Director Reappointment | Mr. Sankesh Setia |
| Director Reappointment | Mr. Ankit Setia |
The meeting concluded with a vote of thanks to the chair. Results of the e-voting were disclosed to stock exchanges and uploaded to the company website within 48 hours.
Historical Stock Returns for Chaman Lal Setia Exports
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.69% | -5.76% | -3.20% | +0.74% | +5.84% | 0.0% |
How will the ₹3 per share dividend payout impact Chaman Lal Setia Exports' retained earnings and future capital expenditure plans?
What are the implications of the consistent 150% dividend yield for the company's attractiveness to income-focused institutional investors?
How might the reappointment of Mr. Sankesh and Mr. Ankit Setia influence the company's strategic direction in the upcoming fiscal year?
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