Dynamic Industries Limited held its 37th Annual General Meeting on September 21, 2026, via video conference. The meeting approved the standalone audited financial statements for FY26 and declared a final dividend of ₹1 per equity share.

The meeting commenced at 1:03 pm with Neeraj Shah, Managing Director, presiding as Chairman. He presented an overview of the company's financial performance for the fiscal year ended March 31, 2026, highlighting growth in revenue and profitability. The statutory and secretarial auditors' reports contained no qualifications or adverse remarks.

Key Resolutions Approved

Shareholders voted on ordinary and special business items through remote e-voting and live voting during the AGM. The key resolutions included:

• Adoption of the standalone audited financial statements for FY26, including the profit and loss account, cash flow statement, and balance sheet.
• Declaration of a final dividend of ₹1 (10%) per equity share of face value ₹10 each for FY26.
• Re-appointment of Apurva Modi as a director, who was retiring by rotation under Section 152(6) of the Companies Act, 2013.
• Approval of related-party transactions.

Voting Process

The company provided remote e-voting facilities from September 18 to September 20, 2026. Members attending via VC/OAVM could vote for 15 minutes after the conclusion of the general business. Chintan Patel, a practicing company secretary, served as the scrutinizer. The consolidated voting results will be announced within two working days of the meeting's conclusion.

The AGM concluded at 1:18 pm. The proceedings and results will be uploaded to the company website and intimated to stock exchanges in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Dynamic Industries has fixed September 14, 2026 as the record date to determine shareholders eligible for the FY26 dividend and voting rights at its upcoming Annual General Meeting. The payout will be processed within a week of the AGM's conclusion.

The company scheduled its 37th AGM for September 21, 2026. The Board of Directors approved these dates during its meeting on August 27, 2026. It also recommended a dividend of ₹1 (10%) per equity share of face value ₹10 each for FY26.

Key Approvals

The Board undertook several key businesses during the session:

• Approved the proposal to convene the 37th AGM on Monday, September 21, 2026, at 1:00 pm via video conferencing or Other Audio-Visual Means (OAVM).
• Approved the notice for the 37th AGM for the financial year ended March 31, 2026.
• Approved the Director Report and Secretarial Audit Report along with its annexure for the financial year ended March 31, 2026.
• Approved the appointment of a Scrutinizer to oversee the e-voting process for the AGM.
• Recommended a dividend of ₹1 (10%) per equity share of face value ₹10 each for FY26.
• Proposed the re-appointment of Mr. Apurva Kamleshbhai Modi as a Director liable to retire by rotation.

Shareholder Eligibility and E-Voting

The Register of Members and Share Transfer Books will remain closed from September 15, 2026, to September 21, 2026. Shareholders whose names appear in the Register of Members or Beneficial Owners as of September 14, 2026, are eligible to exercise their voting rights via electronic means.

The e-voting facility, provided by CDSL pursuant to Regulation 44 of SEBI (LODR) Regulations, 2015, and Section 108 of the Companies Act, 2013, will be available from 9:00 am on September 18, 2026, until 5:00 pm on September 20, 2026. Shareholders who do not vote electronically may also vote during the AGM process on the CDSL portal.

Related Party Transactions

The Board approved proposals for related party transactions with Prima Chemicals for the years ending in 2027-28 and 2028-29. These approvals are subject to final shareholder consent.

Prima Chemicals is a partnership firm in which Mr. Apurva Kamleshbhai Modi, Wholetime Director of Dynamic Industries, and his father, Mr. Kamlesh Modi, are partners. The listed entity does not hold any direct or indirect ownership in Prima Chemicals. However, Mr. Apurva Modi and his relatives indirectly hold 41.41% in the listed entity.

Transaction History

Total related party transactions with Prima Chemicals stood at ₹42.88 crore (sale) and ₹29.73 crore (purchase) in FY26. In FY25, these figures were ₹34.22 crore and ₹24.10 crore respectively. For FY24, sales were ₹5.72 crore and purchases were ₹3.73 crore.

The proposed transactions represent approximately 206.46% of the listed entity's annual consolidated turnover for the immediately preceding financial year. The Audit Committee reviewed the proposal on May 27, 2026, confirming that the transactions are in the ordinary course of business and on an arm's length basis.