De Nora India Limited has disclosed the voting results of its 37th Annual General Meeting (AGM) held on September 23, 2026. All six resolutions proposed in the notice were approved by shareholders with the requisite majority.

The meeting was conducted through Video Conference and Other Audio Visual Means, in compliance with Ministry of Corporate Affairs and SEBI circulars. The registered office in Kundaim, Goa, served as the deemed venue. The statutory auditor’s report for the year ended March 31, 2026, contained no qualifications or adverse remarks.

Key resolutions passed

Shareholders approved several ordinary and special business items during the session. The agenda included the re-appointment of a retiring director and significant approvals regarding transactions with the Italian parent company.

Ordinary business

• Adoption of audited financial statements for FY26
• Declaration of dividend on equity shares
• Re-appointment of Deepak Nagvekar as Director, who retired by rotation

Special business

• Approval to increase the maximum aggregate value of material related party transactions with Industrie De Nora S.p.A. for FY27
• Approval of material related party transactions with Industrie De Nora S.p.A. for FY28
• Ratification of remuneration payable to cost auditors for FY27

Voting outcome details

The Consolidated Scrutinizer's Report, prepared by Rakhee Raghunath Malkarnekar, confirmed that all resolutions passed. The promoter and promoter group, holding 28,49,500 shares, voted in favor of all ordinary business items (Resolutions 1, 2, 3, and 6) with 100% support.

For the special business items concerning related party transactions with Industrie De Nora S.p.A. (Resolutions 4 and 5), the promoter group abstained from voting as they are interested in the agenda. The resolution relied entirely on public shareholder votes. Public institutions voted 11,656 shares in favor, while public non-institutions cast 7,016 votes, with 49 votes against each of these two resolutions. The total valid votes polled for these items were 18,672, resulting in a 99.74% approval rate among those who voted.

Resolution 6, regarding cost auditor remuneration, saw slightly higher dissent from public non-institutions, with 274 votes against out of 7,016 polled by that category, though it still passed with 99.99% overall support.

Governance and attendance

Supriya Banerji, Chairperson of the Board, chaired the meeting after confirming the requisite quorum. Board members introduced themselves via video link, while Guido Picari, Non-Executive Director, was granted leave of absence. The authorized representatives of the statutory and secretarial auditors attended virtually.

The Managing Director briefed members on business operations and key developments for FY26. Members registered as speakers had the opportunity to ask questions, which were addressed by the Managing Director and Chief Financial Officer. E-voting remained open for 15 minutes post-discussion to allow final vote casting. The meeting concluded at 12:05 pm.

de nora has fixed September 16, 2026, as the record date for its proposed dividend of ₹4 per equity share for the financial year ended March 31, 2026. This announcement signals the company’s intent to distribute profits to shareholders, pending final approval at the upcoming annual general meeting. Investors holding shares on or before the record date will be eligible to receive the payout if the resolution passes. The dividend declaration is contingent upon shareholder approval at the 37th Annual General Meeting (AGM), scheduled for Wednesday, September 23, 2026, at 11:00 A.M. (IST).

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, De Nora India Limited notified the National Stock Exchange of India Limited and BSE Limited of the fixed record date. The filing confirms that the entitlement applies to members whose names appear in the Register of Members or as beneficial owners in the records of Central Depository Services (India) Limited and National Securities Depository Limited on the specified date. Shrikant Pai, Company Secretary, issued the intimation on July 30, 2026.

Dividend Details and Timeline

The proposed dividend pertains to equity shares with a face value of ₹10 each. If declared at the AGM, the payment will be disbursed on or after Monday, October 5, 2026. The following table outlines the key dates and metrics associated with the dividend proposal:

Shareholder Eligibility

Eligibility for the dividend is determined strictly by shareholding status on the record date. Shareholders must ensure their names are reflected in the depository records or the company’s register by September 16, 2026. The company emphasized that the payment will only proceed if the shareholders approve the dividend at the AGM. Until then, the amount remains a proposal rather than a guaranteed obligation.

What the Numbers Show

The proposed dividend of ₹4 per share represents a 40% yield on the face value of ₹10. While the filing does not disclose the total net profit or revenue figures for FY26, the willingness to propose a dividend indicates sufficient distributable reserves. The timeline allows shareholders approximately one week between the record date and the AGM to vote on the resolution, ensuring timely decision-making before the October payment window opens.