IndiaMART declares ₹60 dividend, re-appoints Brijesh Kumar Agrawal
IndiaMART InterMESH Limited announced a total dividend of ₹60 per equity share, comprising a final and special dividend of ₹30 each, for the financial year 2025-26 at its 27th Annual General Meeting. The meeting, held on June 29, 2026, saw the re-appointment of Mr. Brijesh Kumar Agrawal as a Director liable to retire by rotation with 94.01% votes in favour. Additionally, the adoption of the audited financial statements for the year ended March 31, 2026, was approved, while Mr. Dhruv Prakash ceased to be a Non-Executive Non-Independent Director following the conclusion of his tenure.

*this image is generated using AI for illustrative purposes only.
IndiaMART InterMESH Limited declared a total dividend of ₹60 per equity share for the financial year 2025-26 at its 27th Annual General Meeting held on June 29, 2026. The dividend comprises a final dividend of ₹30 and a special dividend of ₹30 per share. The meeting also approved the re-appointment of Mr. Brijesh Kumar Agrawal as a Director liable to retire by rotation and the adoption of the audited financial statements for the year ended March 31, 2026.
The resolutions were passed with the requisite majority through remote e-voting and e-voting during the meeting. The disclosure was made to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Resolutions Passed
The shareholders approved all resolutions placed before the AGM. The adoption of financial statements and the declaration of dividend received overwhelming support, while the re-appointment of Mr. Agrawal saw 94.01% votes in favour.
| Resolution Description | Votes For | Votes Against | % For |
|---|---|---|---|
| Adoption of Financial Statements | 49,210,114 | 33 | 99.9999 |
| Declaration of Dividend | 49,373,189 | 11 | 99.9994 |
| Re-appointment of Brijesh Kumar Agrawal | 46,414,948 | 2,956,622 | 94.0115 |
Director Changes
Mr. Brijesh Kumar Agrawal has been re-appointed as a Director liable to retire by rotation. He holds a degree in Management Science and has been a Director on the Board of IndiaMART InterMESH since its incorporation. The disclosure noted that Mr. Agrawal and Mr. Dinesh Chandra Agarwal are cousin brothers.
Conversely, Mr. Dhruv Prakash ceased to be a Non-Executive Non-Independent Director effective June 29, 2026, following the conclusion of the company's 27th AGM. His cessation is attributed to the completion of his tenure as a Director liable to retire by rotation.
Historical Stock Returns for IndiaMART InterMesh
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.44% | -9.84% | -5.03% | -13.60% | -27.56% | -44.96% |
What factors drove the declaration of a special dividend, and does this signal a shift in the company's capital allocation strategy?
How will the departure of Mr. Dhruv Prakash impact the board's dynamics and future strategic direction?
What are the growth projections for FY2026-27 following the adoption of the audited financial statements?































