Dam Capital Advisors declared a final dividend of ₹1 per equity share of face value ₹2 each for FY26. The payout was approved at the company’s 33rd Annual General Meeting held on September 8, 2026.

The meeting, chaired by M.V. Nair, adopted the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Shareholders voted via remote e-voting on NSDL’s platform and during the virtual session.

Voting Results and Participation

The consolidated Scrutinizer's Report confirmed that all resolutions were passed with the requisite majority. As of the cut-off date of September 1, 2026, the company had 1,41,929 shareholders eligible to vote.

Participation in the virtual meeting was limited, with only 69 members attending via Video Conferencing or Other Audio Visual Means (OAVM). This included 3 promoters and promoter group members and 66 public shareholders. The voting results and scrutinizer's report are available on the company’s website and NSDL’s e-voting portal.

Key Resolutions Passed

The shareholders approved several ordinary and special resolutions, including:

• Adoption of audited standalone and consolidated financial statements for FY26.
• Declaration of final dividend of ₹1 per equity share.
• Reappointment of Dharmesh Mehta as Managing Director and CEO upon retirement by rotation.
• Regularization of Dhvanil Dharia as a director and his appointment as Whole Time Director.
• Ratification and amendment of the Dam Capital Employee Stock Option Scheme 2024 (ESOP 2024).
• Approval for secondary acquisition of shares through a trust route for ESOP implementation.

Management Updates

Dharmesh Mehta, Managing Director and CEO, presented an update on the company’s performance in FY26. He highlighted a robust IPO pipeline for FY27, completed transactions during FY26, and the company’s strong execution track record across sectors and institutional equities.

M.V. Nair, Chairman, addressed members on resilient economic conditions, changing market dynamics, capital market shift indicators, and the company’s institutional strength and CSR activities.

Audit Observations

The statutory auditors’ report contained no qualifications, adverse remarks, or disclaimers. However, the secretarial auditor noted observations regarding the disclosure of Schedule V of the Companies Act, 2013, under the explanatory statement of the 32nd Annual General Meeting.

Dam Capital Advisors has issued a corrigendum to its notice for the 33rd Annual General Meeting, correcting the cut-off date for determining member eligibility for electronic voting. The company clarified that the correct date is Tuesday, September 1, 2026, replacing the previously stated date of Friday, August 28, 2026.

Correction Details

The corrigendum addresses an inadvertent error in the AGM notice dated August 11, 2026, which forms part of the Annual Report for the financial year ended March 31, 2026. The original notice incorrectly listed the e-voting cut-off date on pages 238 and 239. The company confirmed that all other terms and contents of the AGM notice remain unchanged.

Regulatory Disclosure

The intimation was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The corrected information is available on the company’s website and the National Securities Depositories Limited portal. The corrigendum forms an integral part of the already circulated AGM notice and must be read in conjunction with it.