GM Breweries Limited has announced its 43rd Annual General Meeting (AGM) scheduled for May 28, 2026, at 11:30 AM, to be conducted through video conferencing in compliance with regulatory guidelines. The meeting will address key business matters including financial statement adoption and significant dividend recommendations.

Board Recommends Substantial Dividend Increase

The Board of Directors has recommended a final dividend of 90% for the financial year ended March 31, 2026, representing Rs. 9 per equity share of Rs. 10 each. This marks a significant increase from the previous year's dividend of Rs. 7.5 per share, demonstrating the company's strong financial performance and commitment to shareholder returns.

The dividend payment is scheduled to commence from June 8, 2026, and will be distributed electronically to members who have updated their bank account details.

AGM Agenda and Key Appointments

The AGM will cover both ordinary and special business items. Ordinary business includes the adoption of Balance Sheet and Profit & Loss Account for the year ended March 31, 2026, dividend declaration, and director re-appointments. Mrs. Jyoti Almeida Kashyap (DIN: 00112031) and Mr. Kiran Parashare (DIN: 06587810) are due for re-appointment as they retire by rotation.

Under special business, shareholders will consider the appointment of Mr. Kiran Parashare as Whole Time Director for a five-year term effective April 1, 2026.

Director Profiles and Governance

The notice provides detailed information about directors seeking appointment or re-appointment. Mrs. Jyoti Almeida Kashyap, aged 59, holds a B.Com qualification and brings expertise in Finance, Taxation, and Audit matters. She has been with the company since July 30, 1998, and holds 4,54,652 equity shares.

Mr. Kiran Parashare, aged 53, is a B.Tech (Mechanical) graduate with C.C.I.E Networking expertise. He joined the Board on January 7, 2014, and attended all five Board meetings during FY 2025-26.

Virtual Meeting Arrangements

Following regulatory guidelines, the AGM will be conducted through video conferencing without physical attendance. The company has made arrangements with National Securities Depository Limited (NSDL) for remote e-voting facilities. Members can participate in the meeting 15 minutes before and after the scheduled time, with accommodation for 1,000 members on a first-come-first-served basis.

Regulatory Compliance and Shareholder Services

The company continues to maintain high standards of corporate governance and regulatory compliance. All statutory requirements regarding AGM notices, e-voting facilities, and shareholder communications have been fulfilled. The annual report for FY 2025-26 and AGM notice are available on the company's website and stock exchange portals.

Shareholders requiring information about accounts or having queries are advised to contact the company at least seven working days before the meeting. The company's registrar and transfer agent, Purva Sharegistry (I) Pvt. Ltd., continues to handle share-related services and investor grievances.

GM Breweries has completed its integrated financial filing for the quarter and year ended March 31, 2026, submitting comprehensive financial documentation to both NSE and BSE. The company has fulfilled all regulatory requirements under SEBI circular guidelines while maintaining full compliance with listing obligations.

Integrated Financial Filing Submission

Pursuant to SEBI circular No. SEBI/HO/CFD/CFD-POD-2/CIR/P/2024/185 dated December 31, 2024, read with BSE circular No. 20250102-4 and NSE circular No. NSE/CML/2025/02 dated January 2, 2025, the company submitted its integrated financial filing for Q4FY26. The submission was made to both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited on April 09, 2026.

Board Meeting and Audit Approval

The Board of Directors convened on April 09, 2026, from 11:30 A.M. to 12:17 P.M., where they approved audited consolidated and standalone financial results. The meeting addressed key regulatory requirements and ensured compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The company's statutory auditors, V.P. Mehta & Co., Chartered Accountants, issued unmodified audit opinions for both consolidated and standalone financial statements. The audit reports confirm that the financial statements give a true and fair view of the company's financial position as of March 31, 2026.

Dividend Proposal and Shareholder Returns

The Board has proposed a substantial dividend for shareholders, recommending a dividend at 90%, equivalent to ₹9 per equity share of ₹10 each for the financial year ended March 31, 2026. This dividend proposal is subject to approval by members and demonstrates the company's commitment to shareholder returns.

Regulatory Compliance and Documentation

GM Breweries has ensured comprehensive regulatory compliance by uploading audited financial results on the company website www.gmbreweries.com . The company submitted declarations for unmodified audit opinions to both stock exchanges, confirming clean audit reports for the financial year ended March 31, 2026.

The integrated filing includes consolidated financial statements covering the holding company and its subsidiary, Buildfort Infra Dev Private Limited. The subsidiary company was incorporated to explore opportunities in the real estate business with an initial capital investment of ₹1 lakh, though it has yet to commence operations.

Corporate Structure and Subsidiary Information

The company's consolidated financial statements include its wholly-owned subsidiary, Buildfort Infra Dev Private Limited (CIN: U41001MH2025PTC444305), which was established to explore real estate business opportunities. The subsidiary remains in pre-operational phase with minimal capital deployment.

The company maintains transparency with stakeholders through timely regulatory filings and comprehensive financial disclosures, ensuring adherence to corporate governance standards and stock exchange requirements.