Everest Kanto Cylinder Limited has scheduled its 47th Annual General Meeting for September 29, 2026. The company’s board recommended a final dividend of 35% (₹0.70 per share) for FY26, subject to shareholder approval.

The meeting will be conducted via Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs and SEBI circulars. The notice, along with the annual report and audited financial statements for FY26, will be dispatched electronically to registered members.

Key Dates and Dividend Details

Shareholders must note the following critical dates regarding voting eligibility and dividend entitlement:

Members whose names appear in the register of beneficial owners or the register of members as on the cut-off date will be entitled to vote remotely. The dividend payout is contingent upon approval at the AGM.

Investor Information

The annual report and AGM notice are available on the company’s website under the investor section. The document outlines procedures for updating bank details, casting votes through e-voting, and attending the meeting virtually. Vishal Totla, Company Secretary and Compliance Officer, signed the communication on September 8, 2026.

Everest Kanto Cylinder has scheduled its 47th Annual General Meeting for September 29, 2026. The company’s board of directors has recommended a final dividend of ₹0.70 per equity share for the financial year ended March 31, 2026.

The dividend represents a payout of 35% on the face value of ₹2 per share. Eligibility is determined by the record date of September 18, 2026. Payouts will commence on or after October 5, 2026, subject to shareholder approval at the meeting.

Corporate Governance Updates

The AGM agenda includes the reappointment of Mr. Pushkar Khurana as a director liable to retire by rotation. Additionally, shareholders will vote on the appointment of Mr. Sanjiv Kapur as a Non-Executive Non-Independent Director, effective November 1, 2026.

Mr. Kapur transitions from his role as Wholetime Director upon superannuation on October 31, 2026. He will receive sitting fees and commission consistent with other non-executive directors.

Remuneration and Audit

The board seeks approval to increase the annual commission cap for non-executive directors from ₹5,00,000 to ₹6,00,000 per annum. This adjustment applies to financial years commencing April 1, 2026, within the statutory limit of 1% of net profits.

Shareholders will also ratify the remuneration of M/s. Shekhar Joshi & Co. as Cost Auditors for FY27. The approved fee is ₹2,50,000 plus applicable taxes and out-of-pocket expenses.

Voting Logistics

The meeting will be conducted via Video Conference or Other Audio-Visual Means. Remote e-voting opens on September 24, 2026, and closes on September 28, 2026. The register of members remains closed from September 21, 2026, through September 29, 2026.