Dalmia Industrial Development Limited shareholders approved all four resolutions proposed at its 44th Annual General Meeting (AGM), held on September 30, 2026. The meeting was conducted via video conferencing, with voting results reflecting strong support from public non-institutional investors.

The ordinary resolution to adopt the audited financial statements for FY26 passed unanimously among those who voted. Public non-institutional shareholders cast 6,803,364 votes in favor, representing 100% of the votes polled in that category. Promoter group members did not exercise their voting rights on this item.

Director re-appointment and auditor appointment

Shareholders also approved the re-appointment of Raj Mohta as a director retiring by rotation. This ordinary resolution received 99.97% support from public non-institutional voters, with 2,000 votes cast against. The special resolution to appoint Anirudh Kumar Tanvar as secretarial auditor similarly passed with 99.10% in favor from the same shareholder category.

Managerial remuneration approval

The final special resolution, concerning managerial remuneration in cases of inadequate or no profits, was also approved. Public non-institutional shareholders voted 99.97% in favor, while promoters abstained from voting. Notably, promoter interest was disclosed for this specific agenda item, yet they chose not to participate in the e-voting process.

What the numbers show

Voter participation remained low relative to total outstanding shares. Across all four resolutions, only 33.60% of total outstanding shares participated in the vote. All votes were cast by public non-institutional shareholders; neither promoters nor institutional investors exercised their voting rights during the remote e-voting period or at the meeting.

Dalmia Industrial Development reported a net loss of ₹12.85 lakh for the fiscal year ended March 31, 2026 (FY26), marking a reversal from the ₹3.69 lakh net profit recorded in FY25. The decline was driven by a sharp contraction in revenue and other income.

The company has filed its annual report for FY26 and scheduled its 44th Annual General Meeting (AGM) for Wednesday, September 30, 2026. The event will convene at the company’s registered office in Kolkata to address ordinary and special business items, including the adoption of the audited financial statements.

Financial Performance

Revenue from operations fell significantly to ₹67.09 lakh in FY26, down from ₹104.34 lakh in FY25. Other income also contracted sharply to ₹4.02 lakh, compared to ₹26.36 lakh in the previous year. Total revenue stood at ₹71.11 lakh, against total expenditure of ₹83.96 lakh.

The company does not propose to declare a dividend for FY26. There were no material events reported after the balance sheet date.

What the Numbers Show

The shift from profit to loss was primarily driven by a disproportionate drop in other income, which fell by over 80% compared to a roughly 35% decline in operational revenue. While total expenditure decreased by approximately 33%, it remained higher than total revenue, resulting in the pre-tax loss of ₹12.85 lakh. This indicates that cost reduction efforts did not fully offset the revenue shortfall, particularly in non-operational income streams.

AGM Agenda and Resolutions

Shareholders on record as of September 23, 2026 will be eligible to participate. The book closure period runs from September 23, 2026 to September 29, 2026.

Ordinary business includes the re-appointment of Raj Mohta as a director. He retires by rotation but is eligible and offers himself for re-appointment. Additionally, shareholders will vote on the appointment of Anirudh Kumar Tanvar as the Secretarial Auditor for the period from April 1, 2026 to March 31, 2031.

A Special Resolution seeks approval for managerial remuneration in cases of inadequate or no profits, authorizing total managerial remuneration up to ₹3 crore per annum.

Voting and Participation Details

The AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM). Remote e-voting via NSDL begins on Sunday, September 27, 2026 at 9:00 am and ends on Tuesday, September 29, 2026 at 5:00 pm.