Electrosteel Castings shareholders approved a final dividend of Re. 0.90 per share for FY26 during the company's 71st annual general meeting on August 31, 2026. The meeting also addressed a qualified opinion in the statutory auditors' report.

The meeting commenced at 11:30 am and concluded at 12:24 pm via video conferencing. Rajkumar Khanna, Independent Director, chaired the proceedings. The deemed venue was the registered office in Rajgangpur, Odisha.

Key Resolutions Passed

Shareholders approved ordinary resolutions for the following items:

• Adoption of audited standalone financial statements for FY26.
• Adoption of audited consolidated financial statements for FY26.
• Declaration of final dividend of Re. 0.90 per equity share.
• Re-appointment of Priya Manjari Todi as director.
• Re-appointment of Radha Kejriwal Agarwal as director.
• Ratification of remuneration for joint cost auditors S G & Associates and Narasimha Murthy & Co. for FY27.

Auditor Observations

The chairman requested the statutory auditors to read their report, which included a qualified opinion. Members were directed to the Board's explanations provided in the Directors' Report regarding these qualifications. The secretarial audit report for the year ended March 31, 2026 was taken as read.

Meeting Details

Sunil Katal, Whole Time Director and CEO, and Rajesh Daga, CFO, addressed shareholder queries. Rashmi Bihani served as the scrutinizer for the e-voting process conducted by National Securities Depository Limited. Results were to be declared within two working days.

Electrosteel Castings will host an investor interaction session on September 3, 2026. The meeting forms part of the Ashwamedh-Elara India Dialogue 2026 event scheduled for the same day.

The company disclosed the schedule under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The interaction will take place at the Grand Hyatt in Santacruz, Mumbai.

Meeting Details

The session is scheduled from 10 am to 3 pm. It will feature one-on-one and group meetings with various investors and analysts.

Disclosure Guidelines

The company stated that no unpublished price-sensitive information will be shared or discussed during the meeting. The Q1 FY27 investor presentation, which is already in the public domain, will be used for the discussions.

This presentation is available on the company’s website and the stock exchanges’ websites. The schedule remains subject to change due to exigencies on the part of institutional investors or the company.