Himatsingka Seide Limited declared a final dividend of ₹0.25 per equity share for the financial year ended March 31, 2026, during its 41st Annual General Meeting held on September 24, 2026.

The meeting, conducted via video conference, also approved the adoption of audited standalone and consolidated financial statements for FY26. Additionally, shareholders passed a special resolution for the reappointment of Dinesh Kumar Himatsingka as Executive Chairman, who retired by rotation.

Key resolutions passed

The following items of business were transacted at the meeting:

Meeting proceedings

The requisite quorum was met with 41 members attending through video conferencing, including promoter shareholders. Bindu D., Company Secretary and Compliance Officer, welcomed attendees on behalf of the Board. Dinesh Kumar Himatsingka, Executive Chairman, occupied the chair and confirmed the presence of statutory auditors, secretarial auditors, and the scrutinizer appointed for the meeting.

Shrikant Himatsingka, Executive Vice Chairman and Managing Director, addressed the members regarding the company's operations and financial performance during FY26. The Statutory Auditors’ Reports and Secretarial Auditors’ Report were noted as unmodified.

Voting was facilitated through remote e-voting from September 20 to September 23, 2026, and via Insta-Poll during the meeting. Vinod Sunder Raman, Practicing Company Secretary, served as the Scrutinizer. The voting results and Scrutinizer’s Report are scheduled to be submitted within two working days and made available on the company’s website.

Himatsingka Seide Limited announced its 41st Annual General Meeting will be held on September 24, 2026, at 12:10 pm via video conferencing. The company’s board recommended a final dividend of ₹0.25 per equity share for the financial year ended March 31, 2026.

The record date for determining eligibility for the final dividend is September 17, 2026. If declared by shareholders at the meeting, the payout will be credited within 30 days of declaration. The dividend yield stands at 5% based on the face value of the shares.

Key Agenda Items

In addition to the dividend declaration, the AGM agenda includes the adoption of audited standalone and consolidated financial statements for FY26. A special resolution seeks the re-appointment of Mr. Dinesh Kumar Himatsingka (DIN: 00139516), Executive Chairman, who retires by rotation. Mr. Himatsingka has been a director since January 1985 and holds a 13.84% stake in the company as of the notice date.

E-Voting and Logistics

Shareholders can participate in remote e-voting from September 20, 2026, at 9:00 am until September 23, 2026, at 5:00 pm. The cut-off date for voting eligibility is August 28, 2026, for email registration purposes, while the register of members closes from September 22 to September 28, 2026.

The annual report and notice for the meeting have been dispatched electronically to registered members. Physical copies are available upon request. The company advised members to register their email addresses with KFin Technologies Limited if they have not done so previously.

What the Numbers Show

The recommended dividend of ₹0.25 per share represents a modest return for investors holding physical or dematerialized securities. The company emphasized that shareholders must update their KYC details, including bank account information and Permanent Account Number, to ensure seamless electronic processing of the dividend. Non-compliance with KYC norms may restrict payment methods to electronic mode only.