CSM Technologies to declare ₹0.50 final dividend at AGM on Sept 29
- CSM Technologies declares ₹0.50 final dividend for FY26, adding to ₹0.60 interim payout
- AGM scheduled for September 29, 2026, via video conferencing
- Shareholders to approve ₹25 crore RPT cap with KSPL and ₹53 crore with other subsidiaries
- Ms. Lagna Panda seeks reappointment; Mr. Priyadarshi Pany's retirement status changes

*this image is generated using AI for illustrative purposes only.
CSM Technologies has scheduled its 27th Annual General Meeting (AGM) for Tuesday, September 29, 2026, at 11:00 am. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (OAVM). Shareholders holding shares as on the cut-off date of Tuesday, September 22, 2026, are eligible to vote.
Dividend Declaration
The Board recommends a final dividend of ₹0.50 per equity share for FY26. This is in addition to an interim dividend of ₹0.60 per share already paid in April 2026. The total dividend payout amounts to ₹1.10 per share. Payment will be made electronically to shareholders on record by October 28, 2026.
Related Party Transactions
The AGM will seek shareholder approval for related party transactions with subsidiary Kwantify Solutions Private Limited (KSPL) and five wholly owned subsidiaries. The proposed transaction value with KSPL is capped at ₹25 crore. Transactions with wholly owned subsidiaries are capped at ₹53 crore in aggregate.
| Subsidiary | Proposed Transaction Cap |
|---|---|
| Kwantify Solutions Pvt Ltd | ₹25 crore |
| CSM Technologies DWC-LLC | ₹15 crore |
| CSM Technologies INC | ₹10 crore |
| CSM Tech Limited | ₹10 crore |
| CSM Tech Corp | ₹8 crore |
| CSM Technologies Africa Ltd | ₹10 crore |
These transactions include services, loans, and guarantees in the ordinary course of business. The company’s annual consolidated turnover for FY26 was ₹225.96 crore.
Governance Updates
Ms. Lagna Panda, Chief Human Resources Officer and spouse of Chairman Priyadarshi Pany, retires by rotation and offers herself for reappointment. The meeting will also change Mr. Priyadarshi Pany’s status from a director not liable to retire by rotation to one liable to retire by rotation, ensuring statutory compliance.
M/s. Bimal Pattanaik & Associates has been appointed as Secretarial Auditor for five years, from FY27 to FY31.
Voting Details
Remote e-voting commenced at 9:00 am on Saturday, September 26, 2026, and concludes at 5:00 pm on Monday, September 28, 2026. The Annual Report and AGM Notice were filed with BSE and NSE.
Historical Stock Returns for CSM Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.38% | -2.86% | -10.03% | 0.0% | 0.0% | 0.0% |
How does the total dividend payout of ₹1.10 per share compare to CSM Technologies' historical payout ratios, and does this signal a shift in capital allocation strategy?
What specific strategic initiatives or operational expansions within Kwantify Solutions and other subsidiaries justify the proposed ₹78 crore in related party transaction caps?
Given the reappointment of the Chairman's spouse as CHRO, how will CSM Technologies address potential concerns regarding corporate governance and conflict of interest management?



























