Greenlam Industries shareholders approved the re-appointment of Mr. Yogesh Kapur as an Independent Director for a second consecutive five-year term at its 13th Annual General Meeting (AGM) held on July 29, 2026. The resolution, passed via special resolution, received 99.99% support with 177,023,151 votes in favor and only 19,317 votes against. This governance update reinforces the company’s board stability as it navigates its strategic plans for FY27, alongside the approval of a final dividend of Re 0.40 per equity share.

The re-appointment was recommended by the Nomination, Remuneration & Compensation Committee and approved by the Board of Directors. Mr. Kapur’s new term commences immediately following the conclusion of the AGM on July 29, 2026. The filing was submitted pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Composition and Voting Details

The AGM saw strong participation from 94 members representing 177,042,468 shares out of a total base of 255,147,702 shares as of the July 23, 2026 cut-off date. Promoter entities voted 100% in favor across all items. While public institutional investors showed some dissent regarding Mr. Kapur’s re-appointment, the aggregate support remained overwhelmingly high.

Other key approvals included the re-appointment of Ms. Parul Mittal and Mr. Jalaj Ashwin Dani, who retired by rotation, via ordinary resolutions. Dilip Kumar Sarawagi, a practicing company secretary, served as the scrutinizer and confirmed no invalid votes were recorded.

Director Profile and Compliance

Mr. Yogesh Kapur (DIN 00070038) is a Fellow Chartered Accountant with over 43 years of experience in the financial services sector. His career began in 1983 with Housing Development Finance Corporation Ltd (HDFC), followed by roles at HSBC Investment Banking and Enam Securities Pvt. Ltd., which later became part of Axis Capital Ltd. He subsequently served as Head of Strategic Relationship Group for Wholesale Banking at Axis Bank before superannuating in July 2017. He later rejoined Axis Capital Ltd on a contract basis until November 2022.

Mr. Kapur has extensive experience advising corporates on listings, restructuring, and strategic initiatives. He has also served on SEBI and Government of India committees examining ADR/GDR and FCCB regulations. Currently, he serves on the boards of ASK Automotive Ltd, Relaxo Footwear Ltd, Rico Auto Industries Ltd, Polyplex Corporation Ltd, and Safex Chemicals Ltd. The filing confirms that Mr. Kapur is not related to any other director of Greenlam Industries and is not debarred from holding office by SEBI or any other authority.

Statutory auditors S S Kothari Mehta & Company LLP issued an unqualified report on the financial statements, while the secretarial audit by Ranjeet Pandey & Associates contained no adverse remarks. The proceedings adhered to Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI LODR Regulations, 2015.

Greenlam Industries Limited has fixed Friday, July 3, 2026, as the record date for the payment of the final dividend for the financial year 2025-26, subject to declaration at the Annual General Meeting (AGM). The company's 13th AGM will be held on Wednesday, July 29, 2026, at 11:30 a.m. IST through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The Board of Directors has recommended a final dividend of Re. 0.40 per Equity Share, or 40% of the face value of Re.1 each, for the financial year ended March 31, 2026. The dividend is scheduled to be paid within 7 working days from the date of declaration.

The meeting will transact business including the adoption of audited standalone and consolidated financial statements for FY26, the declaration of the final dividend, and the re-appointment of Ms. Parul Mittal and Mr. Jalaj Ashwin Dani, Directors liable to retire by rotation. Shareholders will also vote on the special resolution for the re-appointment of Mr. Yogesh Kapur as an Independent Director for a second term of five years.

E-voting and Participation Details

Shareholders entitled to vote may cast their votes remotely between July 26, 2026, at 9:00 a.m. IST and July 28, 2026, at 5:00 p.m. IST. The voting rights shall be reckoned on the paid-up equity shares registered in the name of the members as on the cut-off date, Thursday, July 23, 2026. The facility for appointment of proxies will not be available as the meeting is held through VC/OAVM.

Dividend Payout and Compliance

Pursuant to SEBI Notification No. SEBI/LADNRO/GN/2025/273 dated November 18, 2025, the final dividend will be paid only through electronic mode. No warrants, cheques, or drafts will be issued. To ensure timely receipt, shareholders must update their bank account details, including MICR and IFSC codes, with their Depository Participants for demat shares or the company's Registrar for physical shares by July 23, 2026. Dividends are taxable in the hands of shareholders under the Income Tax Act, 2025, and the company will deduct tax at source (TDS) at prescribed rates.

Key Meeting Information

The notice and annual report for FY26 were sent via email on July 7, 2026, to members with registered email addresses. Shareholders who have not registered their email addresses will receive a letter containing a weblink to access the documents. The documents are also available on the company's website, the websites of BSE Limited and National Stock Exchange of India Limited, and the website of the Registrar and Share Transfer Agent, MUFG Intime India Private Limited.