Dhunseri Investments Limited has scheduled its 29th Annual General Meeting (AGM) for Thursday, August 20, 2026, at 11:30 A.M. (IST). The meeting will be conducted via Video Conferencing or Other Audio Visual Means, with remote e-voting available from Monday, August 17, at 9:00 A.M. until Wednesday, August 19, at 5:00 P.M. Shareholders holding shares as of the cut-off date of Thursday, August 13, 2026, are eligible to vote on resolutions including the re-appointment of Mrs. Aruna Dhanuka as Managing Director and CEO.

The AGM notice was dispatched on July 24, 2026, in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Newspaper advertisements confirming the dispatch were published on July 25, 2026, in Business Standard (Kolkata and Mumbai editions) and Arthik Lipi (Kolkata). The Register of Members and Share Transfer Books will remain closed from Friday, August 14, 2026, to Thursday, August 20, 2026, pursuant to Section 91 of the Companies Act, 2013.

Key Financial Metrics

The AGM agenda follows a strong financial turnaround for FY26, where the company reported a consolidated net profit of ₹1,798.00 lakhs, reversing a net loss of ₹520.08 lakhs in FY25. This improvement was driven by a share of profit from associates totaling ₹17,410.30 lakhs, which offset a standalone net loss of ₹1,226.45 lakhs due to fair value adjustments. The Board has recommended a final dividend of ₹3 per equity share.

Governance and Board Appointments

Shareholders will vote on the re-appointment of Mrs. Aruna Dhanuka as Managing Director and CEO for a five-year term commencing May 27, 2026. Additionally, Mrs. Rusha Mitra will be appointed as an Independent Director for five years, effective May 27, 2026. Mr. Chandra Kumar Dhanuka retires by rotation and offers himself for re-appointment. The company also transferred ₹259.57 lakhs to the NBFC Reserve Fund as mandated under Section 45-IC of the Reserve Bank of India Act, 1934.

What the Numbers Show

The divergence between standalone and consolidated performance underscores Dhunseri Investments' reliance on its associate companies for profitability. While the parent entity faced headwinds from unrealized losses on its treasury portfolio, associates—particularly IVL Dhunseri Petrochem Industries Private Limited and IVL Dhunseri Polyester Co. S.A.E.—delivered substantial earnings. This structure suggests that the group’s operational resilience lies in its manufacturing and petrochemical ventures rather than its direct investment holdings. Shareholders should monitor the fair value trends of the standalone portfolio, as further declines could pressure the group’s overall bottom line despite strong associate contributions.

Dhunseri Investments Limited has communicated the deduction of tax at source (TDS) norms for the final dividend of Rs 3.00 per equity share for the financial year ended March 31, 2026. The dividend, recommended by the Board on May 27, 2026, is subject to shareholder approval at the Annual General Meeting (AGM) on August 20, 2026. The company specified that the Register of Members will remain closed from August 14, 2026, to August 20, 2026, to determine eligibility, with payment scheduled within 30 days of the AGM. In accordance with the Income Tax Act, 2025, the dividend is taxable in the hands of members, and the company is required to deduct TDS at applicable rates.

TDS Compliance for Resident Members

The company outlined that no TDS will be deducted for resident individuals if the aggregate dividend paid during the financial year does not exceed Rs 10,000. For amounts exceeding this threshold, a TDS rate of 10% applies if the Permanent Account Number (PAN) is valid. A higher rate of 20% will be deducted if the PAN is invalid, not linked with Aadhaar, or if the shareholder fails to provide PAN. Exemptions are available for shareholders submitting Form 121, a Section 197 order, or specific entities such as Mutual Funds, Insurance Companies, and Alternative Investment Funds.

TDS Compliance for Non-Resident Members

For non-resident members, the standard TDS rate is 20%, plus applicable surcharge and cess. Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs) are subject to this 20% rate, which cannot be reduced under Double Tax Avoidance Agreements (DTAA) or lower tax deduction orders. Other non-resident shareholders may opt for the beneficial DTAA rate, provided it is lower than the domestic rate, by submitting specific documents including a Tax Residency Certificate (TRC) and Form 10F.

Key TDS Rates for Resident Members

The company emphasized that all documents for claiming tax relief must be submitted online by 23:59 hours on August 13, 2026. Shareholders holding shares in physical form must ensure their KYC details, including PAN and bank account specifics, are updated with the Registrar and Transfer Agents, Maheshwari Datamatics Pvt. Ltd., to avoid withholding of dividend. The company clarified that it would not entertain requests for revision of TDS returns based on records provided by depositories or the Registrar.