CMS Info Systems shareholders approve ₹5.25 dividend at 19th AGM
- Shareholders approved a total dividend of ₹5.25 per share for FY26, comprising an interim payout of ₹2.75 and a final dividend of ₹2.50.
- The 19th AGM was attended by 51 shareholders holding over 10.8 million shares via VC/OAVM.
- Mr. William Poole was appointed as Independent Director for three years, while Mr. Krzysztof Wieslaw Jamroz was reappointed.
- Special resolutions approved borrowing limits and asset mortgage charges under the Companies Act, 2013.
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CMS Info Systems Limited held its 19th Annual General Meeting on September 21, 2026, where shareholders approved the financial statements for FY26 and declared a total dividend of ₹5.25 per equity share.
The meeting, conducted via Video Conferencing/Other Audio-Visual Means (VC/OAVM), saw participation from 51 shareholders holding 10,839,618 shares. The Chairperson, Mrs. Shyamala Gopinath, and Executive Vice Chairman & CEO Mr. Rajiv Kaul welcomed participants and confirmed that statutory and secretarial audit reports contained no adverse remarks.
Dividend and Financial Approvals
Shareholders approved ordinary resolutions to adopt the audited standalone and consolidated financial statements for the year ended March 31, 2026. The Board had previously declared an interim dividend of ₹2.75 per fully paid-up equity share. At the AGM, shareholders approved a final dividend of ₹2.50 per share for the same period.
Board Appointments and Governance
The meeting transacted several governance-related items through e-voting:
- Reappointment of Mr. Krzysztof Wieslaw Jamroz as a Non-Executive Non-Independent Director liable to retire by rotation.
- Appointment of Mr. William Poole as an Independent Director for a three-year term.
- Ratification of remuneration payable to M/s. S K Agarwal & Associates, Cost Accountants, for FY27.
Special Resolutions
Shareholders passed special resolutions to approve borrowing limits under Section 180(1)(c) of the Companies Act, 2013. Additionally, limits for creating mortgages or charges on company assets were approved under Section 180(1)(a) of the Act.
Meeting Proceedings
Mr. Debashis Dey, Company Secretary & Compliance Officer, managed procedural aspects and confirmed the availability of required registers for inspection. Following a Q&A session led by Mr. Rajiv Kaul, the e-voting facility remained open for 15 minutes post-discussion. The meeting concluded at 5:45 pm after the voting period expired.
Historical Stock Returns for CMS Info Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.52% | +3.46% | -6.96% | -20.17% | -43.42% | -2.54% |
How will the approved borrowing and mortgage limits under Section 180(1)(c) and (a) influence CMS Info Systems' capital expenditure plans or potential M&A activity in FY27?
What strategic initiatives is the board planning to implement with the newly appointed Independent Director, Mr. William Poole, to enhance corporate governance?
Given the total dividend payout of ₹5.25 per share, how does this yield compare to industry peers, and what does it signal about management's confidence in future cash flows?
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