Everest Kanto Cylinder Ltd declared a final dividend of ₹0.70 per equity share for the financial year ended March 31, 2026. The payout was approved by shareholders during the company's 47th Annual General Meeting (AGM), held on September 29, 2026, through Video Conference (VC) and Other Audio-Visual Means (OAVM).

The meeting, chaired by Chairman and Executive Director Pushkar Khurana, saw the adoption of the audited standalone and consolidated financial statements for FY26. The statutory auditors, Suresh Surana & Associates LLP, issued reports with no qualifications, reservations, or adverse remarks. Additionally, the secretarial auditor’s report was clean, allowing the Company Secretary to bypass reading these documents in full.

Board appointments and reappointments

Shareholders ratified several key governance changes. Pushkar Khurana, who retired by rotation, was reappointed as a director. The members also approved the appointment of Sanjiv Kapur, currently serving as Whole-time Director and Chief Financial Officer, as a Non-Executive Director. This move formalizes his role on the board beyond executive duties.

The AGM also sanctioned commission payments to Non-Executive Directors and ratified the remuneration payable to cost auditors for the financial year ending March 31, 2027. These resolutions were passed with the requisite majority via electronic voting supervised by scrutinizer Aashish K. Bhatt.

Meeting proceedings and attendance

A total of 41 members attended the virtual meeting, which commenced at 4:00 pm and concluded at 5:10 pm. Key managerial personnel present included Managing Director Puneet Khurana and Company Secretary Vishal Totla. Independent Directors Ghanshyam Karkera, Vajayanti Pandit, and Ramakrishnan Ramanathan attended to oversee audit, nomination, and stakeholder relationship matters respectively.

During the Q&A session, 29 registered speakers raised queries, which were addressed by Puneet Khurana and Vinay Chopra, VP-Accounts & Taxation. The results of the voting were declared within two working days following the conclusion of the meeting.

Everest Kanto Cylinder Limited discontinued the services of Mr. Amitkumar C Choksi, HR Head, effective September 22, 2026. The decision was based on an assessment of his performance during his probation period.

The company informed BSE and NSE about this change in senior management under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Choksi was relieved from his duties at the close of working hours on September 22, 2026.

Regulatory disclosure details

The intimation was filed by Vishal Totla, Company Secretary and Compliance Officer. The filing confirms that the cessation of services falls under the category of removal or discontinuation based on performance evaluation.

Compliance and reporting

The company stated that the information is available on its official website for public record. This disclosure adheres to the requirements set forth in Schedule III of the SEBI Listing Regulations regarding changes in Key Managerial Personnel or senior management.