Greenlam Industries shareholders approved a final dividend of Re 0.40 per equity share and re-appointed key board members at the company’s 13th Annual General Meeting (AGM) held on July 29, 2026. The meeting, conducted through video conferencing, also resulted in the adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026 (FY26). Saurabh Mittal, Managing Director & CEO, chaired the proceedings in the absence of Non-Executive Chairman Shiv Prakash Mittal, who requested leave due to unavoidable circumstances.

The AGM commenced at 11:30 a.m. and concluded at 12:50 p.m., with 68 members, including corporate representatives, present in aggregate. In compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company provided remote e-voting facilities to all members. The statutory auditors, S S Kothari Mehta & Company LLP, led by Partner Naveen Aggarwal, confirmed that their report contained no qualifications, observations, reservations, disclaimers, or adverse comments regarding financial transactions or matters affecting the company’s functioning. Similarly, the secretarial audit report issued by Ranjeet Pandey & Associates was free from any qualifications or adverse remarks.

Board Re-appointments and Dividend Declaration

Shareholders approved four ordinary resolutions and one special resolution during the meeting. The ordinary resolutions included the adoption of the FY26 financial statements, the declaration of the final dividend, and the re-appointment of two directors retiring by rotation. Ms. Parul Mittal and Mr. Jalaj Ashwin Dani were re-appointed as directors following their retirement by rotation.

The special resolution concerned the re-appointment of Mr. Yogesh Kapoor as an Independent Director for a second consecutive term of five years, commencing from the conclusion of the AGM. Mr. Kapoor serves as the Chairman of the Audit Committee. Other committee chairpersons present at the meeting included Sandip Das (Nomination, Remuneration & Compensation Committee), Rahul Chhabra (Stakeholders’ Relationship Committee), Matangi Gowrishankar (Corporate Social Responsibility Committee), and Jalaj Ashwin Dani (Risk Management & ESG Committee).

Voting Process and Compliance

The company facilitated e-voting in accordance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration Amendment) Rules, 2014, and Regulation 44 of the SEBI LODR Regulations, 2015. Members who did not vote remotely were provided the facility to cast votes electronically during the meeting. Dilip Kumar Sarawagi, a practicing company secretary, served as the scrutinizer for the voting process.

Saurabh Mittal, along with Chief Financial Officer Ashok Kumar Sharma and Company Secretary Prakash Kumar Biswal, addressed shareholder queries and suggestions raised during the session. The detailed voting results and the Scrutinizer’s Report will be submitted to the stock exchanges and uploaded on the company’s website and that of MUFG Intime India Private Limited upon receipt. The transcript of the AGM will also be made available on the company’s website.

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.