G.M. Breweries approves ₹9 dividend at 43rd AGM

G.M. Breweries Limited held its 43rd Annual General Meeting on May 28, 2026, through video conferencing, approving a final dividend of ₹9 per equity share for FY26. Shareholders also sanctioned the re-appointment of Mrs. Jyoti Almeida Kashyap and Mr. Kiran Parashare as Directors, and appointed Mr. Kiran Parashare as Whole Time Director with fixed remuneration. The meeting, chaired by Mr. Jimmy Almeida Kashyap, Chairman & Managing Director, commenced at 11.30 A.M. and concluded at 12.13 P.M.

Remote e-voting was conducted from 9.00 A.M. on May 25, 2026, to 5.00 P.M. on May 27, 2026, with e-voting facilities also available during the meeting. A total of 80 shareholders attended the meeting via video conferencing, comprising 3 from the Promoters and Promoter Group and 77 from the Public category. The scrutinizer for the voting process was Kala Agarwal, Practicing Company Secretary.

Voting Summary

All five resolutions were passed with the requisite majority. The adoption of financial statements and the dividend declaration received near-unanimous approval. The re-appointment of Mr. Kiran Parashare saw 8,550 votes against, while his appointment as Whole Time Director had 553 votes against.

Resolution	Votes For	Votes Against	% For
Adoption of Accounts	1,74,27,577	1	100.00
Dividend Declaration	1,74,27,579	1	100.00
Re-appointment of Mrs. Jyoti Almeida Kashyap	1,74,27,561	17	99.99
Re-appointment of Mr. Kiran Parashare	1,74,19,028	8,550	99.95
Appointment of Mr. Kiran Parashare as WTD	1,74,27,025	553	99.997

Participation Details

The business transacted included the adoption of audited financial statements for the year ended March 31, 2026. The Chairman addressed the members regarding the company's workings and prospects for the financial year 2026-2027 and satisfactorily answered queries raised by the members. The voting window remained open for an additional 15 minutes post-conclusion to facilitate shareholder participation.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.89%	+0.48%	-4.70%	-11.12%	+30.30%	+167.74%

GM Breweries Limited has announced its financial results for the year ended March 31, 2026, reporting a net profit of Rs 1,568.39 Lakhs, representing a significant increase from Rs 1,290.39 Lakhs in the previous fiscal year. The company's revenue from operations stood at Rs 74,784.81 Lakhs for FY26, compared to Rs 63,657.14 Lakhs in FY25, reflecting robust growth in its core business operations.

The Board of Directors has recommended a final dividend of 90%, amounting to Rs 9 per equity share of Rs 10 each, for the financial year ended March 31, 2026. This marks an increase from the previous year's dividend of Rs 7.5 per share. The dividend, if approved by shareholders at the upcoming Annual General Meeting, will result in an outflow of Rs 2,056.22 Lakhs to the company.

Record Date for Dividend Eligibility

In a recent regulatory filing, GM Breweries Limited has fixed Thursday, May 21, 2026 as the record date for determining shareholder eligibility for the final dividend payment of FY 2025-2026. This announcement was made in compliance with Section 91 of the Companies Act, 2013 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dividend Details	Information
Record Date	Thursday, May 21, 2026
Dividend Rate	90% (Rs 9 per share)
Share Face Value	Rs 10 each
Total Outflow	Rs 2,056.22 Lakhs

Financial Performance Overview

The company's gross sales increased to Rs 2,97,656.51 Lakhs in FY26 from Rs 2,50,369.24 Lakhs in the previous year. Profit before depreciation, exceptional items, and taxation reached Rs 21,062.98 Lakhs, compared to Rs 16,514.75 Lakhs in FY25. After accounting for depreciation of Rs 519.00 Lakhs and taxation of Rs 4,860.59 Lakhs, the company achieved its net profit for the year.

Financial Metrics	FY 2025-26	FY 2024-25
Gross Sales	Rs 2,97,656.51 Lakhs	Rs 2,50,369.24 Lakhs
Net Sales	Rs 74,784.81 Lakhs	Rs 63,657.14 Lakhs
Profit Before Tax	Rs 21,062.98 Lakhs	Rs 16,514.75 Lakhs
Net Profit	Rs 1,568.39 Lakhs	Rs 1,290.39 Lakhs

43rd Annual General Meeting

The company has scheduled its 43rd Annual General Meeting for Thursday, May 28, 2026, at 11:30 AM through video conferencing in compliance with regulatory guidelines. The meeting will address key business matters including the adoption of financial statements and the declaration of the recommended dividend.

Director Appointments

The AGM agenda includes the re-appointment of Mrs. Jyoti Almeida Kashyap (DIN: 00112031) and Mr. Kiran Parashare (DIN: 06587810), who retire by rotation and are eligible for re-appointment. Additionally, shareholders will consider the appointment of Mr. Kiran Parashare as Whole Time Director for a five-year term effective April 1, 2026, with a salary range of Rs 3,00,000 to Rs 5,00,000 per month.

The company continues to maintain strong corporate governance standards, with all statutory requirements regarding AGM notices, e-voting facilities, and shareholder communications duly fulfilled. The annual report for FY 2025-26 and AGM notice are available on the company's website and stock exchange portals.