Dhunseri Ventures Limited declared a final dividend of ₹1.50 per equity share for the fiscal year ended March 31, 2026, during its 110th Annual General Meeting (AGM) held on August 18, 2026. The meeting, conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM), commenced at 11:30 am and concluded at 12:51 pm.

The company’s Board of Directors sought shareholder approval for several ordinary and special resolutions, including the adoption of audited financial statements and the reappointment of key leadership figures. The proceedings were overseen by Executive Chairman Mr. C.K. Dhanuka, with statutory audits conducted by M/s. B S R & Co. LLP and secretarial audits by M/s Mamta Binani & Associates.

Key Resolutions Approved

Shareholders approved the following ordinary resolutions:

• Adoption of the audited financial statements for FY26.
• Declaration of the final dividend of ₹1.50 per equity share.
• Reappointment of Mr. Bharat Jhaver as a director liable to retire by rotation.

Under special business, the company reappointed Mrs. Aruna Dhanuka as Managing Director and Mr. Sameer Sah as an Independent Director. Given his interest in these resolutions, Mr. C.K. Dhanuka stepped down from the chair temporarily, allowing Independent Director Mr. B. Bajoria to move the resolutions.

Related-Party Transaction Approval

A significant item on the agenda was the approval of a material related-party transaction involving the trading of PET resins with IVL Dhunseri Petrochem Industries Private Limited. This resolution was moved by Mr. B. Bajoria due to the Chairman’s interest in the matter.

Voting Process

The company facilitated remote e-voting from August 14, 2026, at 9:00 am until August 17, 2026, at 5:00 pm. Members who had not voted remotely were invited to cast their votes during the meeting, with voting continuing for 30 minutes post-conclusion. The results of the e-voting are scheduled to be declared on or before August 20, 2026.

The meeting concluded with a vote of thanks to the Chair, marking the end of the agenda for the 110th AGM.

Dhunseri Ventures posted a robust year-on-year improvement in consolidated net profit for Q1, more than doubling to ₹1.7B rupees compared to ₹713M in the corresponding quarter of the previous year. The strong bottom-line growth was accompanied by a meaningful expansion in revenue, signalling broad-based improvement in the company's financial performance during the quarter.

Revenue and Profitability Performance

The company's consolidated revenue for Q1 rose to ₹2.3B rupees from ₹1.7B in the year-ago period, reflecting a notable increase in top-line activity. Net profit growth significantly outpaced revenue growth on a year-on-year basis, indicating improved operational leverage or other income contributions during the quarter.

The following table summarises the key financial metrics for Q1 on a year-on-year basis:

EBITDA and Margin Trends

While absolute EBITDA improved to ₹910M rupees from ₹821M in the year-ago quarter, the EBITDA margin contracted meaningfully on a year-on-year basis, declining to 39.3% from 51.38%. This margin compression suggests that revenue growth was accompanied by a proportionally higher increase in operating costs during the quarter. The divergence between absolute EBITDA growth and margin performance reflects the faster pace of revenue expansion relative to operating profit during Q1.