Goodricke Group Limited will hold its 50th Annual General Meeting (AGM) on Wednesday, July 29, 2026, at 2:30 P.M. IST via video conferencing and other audio-visual means. The meeting will be conducted without physical presence at a common venue, in compliance with the Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI) circulars. Shareholders will vote on the approval of a dividend of ₹22 per equity share for the financial year ended March 31, 2026.

The record date to determine shareholder eligibility for the dividend is July 22, 2026. The dividend will be paid to members whose names appear in the register of members on the record date, subject to approval at the AGM. The company has stated that tax deducted at source (TDS) details are available on its website.

Electronic copies of the AGM notice and the annual report for the financial year 2025-26 will be sent to shareholders whose email IDs are registered with the company or depository participants. Shareholders holding shares in dematerialized form are requested to register their email IDs and mobile numbers with their depositories. Those holding physical shares must furnish details to the registrar and share transfer agent, MUFG Intime India Pvt. Ltd.

The meeting complies with the Companies Act, 2013, and relevant circulars issued by the Ministry of Corporate Affairs, including General Circular No. 03/2025 dated September 22, 2025. The notice and annual report will also be available on the company's website and the websites of BSE Limited and National Securities Depository Limited.

Goodricke Group reported a net profit of ₹2,555 lakh for the financial year ended March 31, 2026, compared to ₹2,006 lakh in the previous year. The company's revenue from operations for FY26 stood at ₹80,129 lakh, a decrease from ₹92,944 lakh in FY25. The Board of Directors has recommended a dividend of ₹2 per equity share, subject to shareholder approval at the Annual General Meeting scheduled for July 29, 2026.

The financial results were approved by the Board during its meeting held on May 27, 2026. The audited financial results for the year and the reviewed results for the quarter ended March 31, 2026, were submitted in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. Deloitte Haskins & Sells LLP, issued an unmodified opinion on the annual financial results.

For the quarter ended March 31, 2026, the company reported a net loss of ₹2,921 lakh, compared to a net loss of ₹3,657 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter was ₹10,385 lakh, down from ₹13,184 lakh in Q4 FY25. The company noted that its own crop was 5% lower than the previous year, but profitability was driven by strategic initiatives including the disposal of specified assets of tea estates.

Financial Performance

The table below summarizes the key financial figures for the quarter and year ended March 31, 2026:

Corporate Governance and Strategic Developments

The Board approved the appointment of M/s. M S K A & Associates LLP as the statutory auditors for a term of five years, commencing from the conclusion of the 50th AGM, replacing the retiring auditors M/s. Deloitte Haskins & Sells LLP. This change is pursuant to the mandatory rotation requirements under Section 139(2) of the Companies Act, 2013.

In a strategic move to diversify its portfolio, the Board approved the commercial sale of dairy products produced at its estates, which will be marketed under the 'Goodricke' brand name. The estimated investment for this new business line is ₹5 crore. The company expects this initiative to enhance brand visibility and create additional revenue streams by leveraging its established distribution network.

The Board fixed July 22, 2026, as the record date to determine shareholder eligibility for the dividend. If declared at the AGM, the dividend will be paid on or after August 3, 2026.