Dhabriya Polywood sets Sep 23 record date for dividend, AGM
- Record date for final dividend and AGM e-voting is September 23, 2026
- Final dividend proposed at ₹0.70 per equity share for FY26
- 34th AGM scheduled for September 30, 2026, via video conferencing
- Board seeks approval for revised director remuneration packages
*this image is generated using AI for illustrative purposes only.
Dhabriya Polywood Limited has set September 23, 2026, as the record date for its final dividend and 34th Annual General Meeting. The register of members will remain closed from September 24 to September 30, 2026.
The company issued a disclosure under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This filing confirms the eligibility criteria for shareholders to receive the proposed final dividend of ₹0.70 per equity share.
Meeting Details
The 34th Annual General Meeting is scheduled for September 30, 2026, at 11:00 am. It will be conducted through video conferencing or other audio-visual means. The meeting pertains to the financial year ended March 31, 2026.
Remote e-voting will commence on September 27, 2026, at 9:00 am and end on September 29, 2026, at 5:00 pm. The cut-off date for voting rights is September 23, 2026.
| Detail | Information |
|---|---|
| Meeting Type | 34th Annual General Meeting |
| Date | September 30, 2026 |
| Time | 11:00 am |
| Mode | Video Conferencing / Other Audio Visual Means |
| Financial Year | Ended March 31, 2026 |
| Record Date | September 23, 2026 |
| Book Closure Period | September 24 – September 30, 2026 |
Key Agenda Items
The Board has recommended several resolutions for shareholder approval. A final dividend of ₹0.70 per equity share of face value ₹10 each is proposed for FY26. Additionally, the re-appointment of Mahendra Karnawat as a Whole-Time Director, who retires by rotation, is on the agenda.
The meeting will also consider special resolutions to revise the maximum monthly remuneration for three directors, effective May 1, 2026, for a period of three years up to April 30, 2029:
- Digvijay Dhabriya (Chairman & Managing Director): Revised to ₹10,00,000 per month.
- Mahendra Karnawat (Whole-Time Director): Revised to ₹2,00,000 per month.
- Anita Dhabriya (Whole-Time Director): Revised to ₹2,00,000 per month.
The Company Secretary noted that these revisions are based on recommendations from the Nomination and Remuneration Committee, considering industry benchmarks and individual contributions. The total remuneration for Digvijay Dhabriya and Anita Dhabriya may exceed 5% of net profits in any financial year, subject to member consent under SEBI Listing Regulations.
Cost Auditor Ratification
Shareholders are also asked to ratify the appointment of M/s Gaurav Jain & Associates as Cost Auditors for FY27. The approved remuneration is ₹40,000 plus applicable taxes and out-of-pocket expenses.
Regulatory filings confirm that newspaper advertisements were published in Indian Express, Nafa-Nuksan, and Business Remedies to inform stakeholders of the schedule.
Historical Stock Returns for Dhabriya Polywood
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.68% | -5.99% | -13.98% | -5.82% | -5.82% | -5.82% |
How will the proposed 3-year increase in director remuneration impact Dhabriya Polywood's operating margins and net profit trends through FY29?
Does the dividend payout of ₹0.70 per share align with the company's historical payout ratio, and what does this signal about management's confidence in future cash flows?
What strategic initiatives or operational improvements are driving the Nomination and Remuneration Committee's decision to raise executive compensation above industry benchmarks?
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