Ester Industries held its 40th Annual General Meeting on September 24, 2026, via video conferencing. Shareholders adopted the standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026.

The meeting was chaired by Arvind Singhania, with Executive Director Pradeep Kumar Rustagi and Whole-Time Director Ayush Vardhan Singhania in attendance. Independent Directors Atul Aggarwal, Abhay Anant Gupte, and Padmaja Shailen Ruparel were also present. Key managerial personnel included CEO Vaibhav Jha and CFO Sourabh Agarwal.

Resolutions passed and voting outcomes

The members considered and approved several ordinary resolutions during the proceedings. The final dividend declaration and director re-appointment were key items on the agenda. All resolutions passed with requisite majority, reflecting strong shareholder support.

The final dividend of ₹0.25 per equity share of ₹5 each for FY26 received overwhelming support, with dissenting votes accounting for only 0.01% of the total votes polled. Similarly, the re-appointment of Ayush Vardhan Singhania (DIN: 05176205), who retired by rotation, was approved with 99.98% votes in favour.

Voting participation and quorum details

A total of 51 members attended the meeting either in person or through proxy, satisfying the requisite quorum. The company engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting and e-voting during the AGM. Remote voting commenced at 9:00 am on September 21, 2026, and concluded at 5:00 pm on September 23, 2026.

The scrutinizer's report indicated that 88 members cast their votes through remote e-voting, while 3 members voted during the AGM itself. The total number of shareholders as on the record date (September 17, 2026) was 37,682. Mr. Akash Jain, a practicing company secretary, served as the scrutinizer to ensure a fair and transparent voting process. Results of the voting have been disseminated to stock exchanges and uploaded on the company website in accordance with statutory timelines.

Chairman’s address and member interaction

Arvind Singhania delivered a speech providing an overview of the company’s operations, performance, and future outlook. He introduced the directors and invitees before formal proceedings began. Members who had pre-registered as speakers expressed appreciation for the company’s performance. The Chairman thanked shareholders for their continued support.

The meeting concluded at 12:29 pm, after which members who had not previously voted were given 15 minutes to cast their votes through the e-voting system.

Ester Industries Limited has recommended a final dividend of ₹0.25 per equity share for the financial year ended March 31, 2026. The Board of Directors approved the payout ahead of its 40th Annual General Meeting (AGM), scheduled for Thursday, September 24, 2026.

The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (OAVM). Shareholders on record as of Thursday, September 17, 2026, will be eligible for the dividend. If approved by members at the AGM, the company will pay the dividend within 30 days of declaration, subject to tax deduction at source (TDS).

Key Dates and Dividend Details

The final dividend is on equity shares with a face value of ₹5 each. Members must hold shares in their name as of the record date to receive the payout. Payments will be made electronically; no physical warrants will be issued.

Regulatory Compliance and Disclosures

In accordance with Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ester Industries has enclosed its Annual Report along with the Notice of AGM for FY26. The documents are being distributed exclusively through electronic mode to members who have registered their email addresses with the company, its Registrar and Transfer Agent (RTA), or depositories.

For shareholders who have not registered email addresses, the company has dispatched letters providing a web link to access the Notice of AGM and the Annual Report. This disclosure was made under Regulation 30 of the SEBI Listing Regulations.

Accessing Financial Documents

Shareholders can access the complete Annual Report and the Notice of AGM on the company's official website. The documents are hosted under the financial information section. The report is also available on the websites of National Securities Depository Limited (NSDL), BSE Limited, and National Stock Exchange of India Limited.

Poornima Gupta, Company Secretary and Compliance Officer of Ester Industries, signed the communication on September 2, 2026. She requested stakeholders to take the information on record.

KYC and Nomination Updates

Holders of securities in physical form are required to furnish or update their PAN, email address, mobile number, signature, and bank account details with the company or its RTA, MAS Services Limited. While nomination is not mandatory, members are encouraged to register a nomination or submit a declaration opting out of it.

Members holding shares in dematerialised form should ensure their details are updated with their respective Depository Participants (DPs). Failure to update KYC details may result in restrictions on lodging grievances or availing service requests. Dividend payments to physical shareholders will be processed electronically only if bank and KYC details are updated.