Dhoot Industrial Finance Limited has confirmed August 13, 2026, as the official cut-off date for determining shareholder eligibility to vote at its upcoming Extraordinary General Meeting (EOGM). The company notified BSE Limited on July 31, 2026, that the meeting will be held on August 20, 2026, via Other Audio-Visual Means (OAVM). This update clarifies the timeline for investors seeking to exercise their voting rights on key governance resolutions, specifically the ratification of a new independent director appointment.

The primary agenda for the EOGM is the ratification of Priyanka Munjal Kothari’s appointment as a Non-Executive Independent Director. Ms. Kothari was initially appointed as an Additional Director on May 20, 2026, by the Board of Directors based on recommendations from the Nomination & Remuneration Committee. Her proposed term spans five years, from May 20, 2026, to May 19, 2031. The appointment aims to strengthen the company’s independent directorship structure and ensure continuity in board oversight.

Voting Eligibility and Timeline

Shareholders holding shares as of the close of business on August 13, 2026, are eligible to participate in the voting process. The company has enabled remote e-voting through National Securities Depository Limited (NSDL) to facilitate digital engagement. Physical proxies are not permitted for this virtual meeting.

E-voting commences on August 17, 2026, at 10:00 a.m. and concludes on August 19, 2026, at 5:00 p.m. Investors must monitor their registered email addresses and demat accounts for e-voting credentials. Institutional shareholders are required to submit board resolutions authorizing representatives to vote via email to the scrutinizer, M/s. Shah Patel & Associates.

Regulatory Compliance and Governance

The notice cites Sections 149, 150, and 152 of the Companies Act, 2013, along with Regulation 16 and 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is convened in compliance with Ministry of Corporate Affairs circulars, including Circular No. 09/2024 dated September 19, 2024, and SEBI Circular No. SEBI/HO/CFD/CFD-PoB-2/P/CIR/2024/133 dated October 3, 2024.

Priyanka Munjal Kothari (DIN: 11710369) brings over a decade of experience in the manufacturing sector, with specific expertise in cold storage business operations since July 2014. She holds a Bachelor of Science degree and has focused on operational efficiency, compliance, and sustainable growth. The Board highlights her ability to streamline processes and strengthen governance frameworks. She currently holds no other directorships and does not hold any shares in Dhoot Industrial Finance Limited.

Dhoot Industrial Finance Limited has announced its audited financial results for the quarter and year ended March 31, 2026, following a meeting of its Board of Directors on May 20, 2026. The company reported a turnaround in its quarterly performance, posting a net profit of ₹416.42 lakh for the three months ended March 31, 2026, compared to a net loss of ₹1551.29 lakh in the same period of the previous year. For the full year, the net profit stood at ₹1798.91 lakh, a slight decrease from ₹1888.33 lakh in the prior year.

Financial Performance

The total revenue from operations for the year ended March 31, 2026, was ₹4115.58 lakh, up from ₹4034.25 lakh in the previous year. The company's total income for the year increased to ₹4128.21 lakh from ₹4041.13 lakh in FY25. Total expenses for the year reduced to ₹1880.65 lakh compared to ₹2380.98 lakh in the preceding year, contributing to the profitability. The basic earnings per share (EPS) for the year was recorded at ₹28.47.

The table below summarizes the key financial figures for the year ended March 31, 2026, compared to the previous year:

Dividend Recommendation

The Board of Directors has recommended a final dividend of ₹1.50 per equity share of the face value of ₹10 each, equivalent to 15% of the face value, for the financial year ended March 31, 2026. This dividend is subject to the approval of the shareholders.

Corporate Governance Appointments

In addition to the financial results, the Board approved the appointment of M/s. P. P. Mutha & Associates, Chartered Accountants, as Internal Auditors for the FY 2026-27. The Board also recommended the re-appointment of Mr. Rajgopal Ramdayal Dhoot as a Non-executive Director, who retires by rotation. Furthermore, Ms. Priyanka Kothari was appointed as an Additional Independent Director for a term of five years commencing from May 20, 2026.

Strategic Update

The company informed the stock exchanges that it proposes to apply to the Reserve Bank of India (RBI) for de-registration as a Non-Banking Financial Company (NBFC) and surrender its Certificate of Registration. This move is in line with the RBI Amendment Directions, 2026, which exempt certain NBFCs from registration requirements. The company stated that this application would not impact its business monetarily or otherwise, and it remains authorized to continue its existing activities including investments.