Shareholders of Indag Rubber approved all six resolutions placed before them at the company’s 47th Annual General Meeting (AGM) held on August 12, 2026. The meeting, conducted via video conferencing and other audio-visual means, saw unanimous support from the promoter group and overwhelming backing from public shareholders across all items.

The ordinary business included the adoption of standalone and consolidated financial statements for FY26 and the declaration of final dividends alongside confirmation of interim dividends for the same period. Both resolutions received near-universal approval, with dissenting votes accounting for less than 0.001% of total polled votes.

Key Resolutions Passed

The special business focused on board composition and auditor remuneration. Shareholders reappointed Mr. Shiv Vikram Khemka as a director retiring by rotation and Mr. Raj Kumar Agrawal as an independent director for a second five-year term. Additionally, the company secured approval for the ratification of cost auditor remuneration for FY27 and payment of commissions to non-executive directors for FY27 to FY29.

Voting Participation Analysis

Promoter and promoter group shareholders held 19,252,750 shares, representing approximately 73% of the total 26,250,000 shares outstanding as on the record date of August 5, 2026. The promoter group voted in favor of all resolutions where they were not interested parties, casting 100% of their eligible votes.

Public non-institutional shareholders, holding 6,997,250 shares, participated actively through remote e-voting. Only 3 out of 100 public shareholders attended the meeting via video conferencing, while the rest voted remotely between August 9 and August 11, 2026. No institutional investors were recorded as voting.

What the Numbers Show

The voting data reveals a distinct bifurcation in engagement levels between promoter and public shareholders regarding interested-party resolutions. For the reappointment of Mr. Shiv Vikram Khemka and the approval of non-executive director commissions, where promoters declared an interest, their voting participation dropped to zero. Consequently, these resolutions relied entirely on public shareholder support, which stood at roughly 1.85% of outstanding shares. In contrast, resolutions without promoter interest saw full promoter participation, driving the overall poll percentage to over 75%. This pattern highlights the structural dependency on promoter block voting for routine corporate approvals, while contested or interested items depend on minimal but sufficient public mandate.

Indag Rubber Limited has fixed Wednesday, August 5, 2026, as the record date to determine shareholder entitlement for a final dividend of ₹1.50 per equity share for the financial year 2025-26. The dividend, recommended by the Board of Directors on May 28, 2026, is subject to the approval of shareholders at the Annual General Meeting (AGM) scheduled for August 12, 2026. If approved, the payout will be made on or before September 10, 2026, in electronic mode and after the deduction of tax at source at applicable rates.

The 47th AGM will be conducted on Wednesday, August 12, 2026, at 05:00 P.M. IST through Video Conferencing or Other Audio Visual Means, without physical presence at a common venue. The registered office in New Delhi will be deemed as the venue for the meeting. Consequently, the Register of Members and Share Transfer Books will remain closed from August 6, 2026, to August 12, 2026.

Key AGM Dates

Remote e-voting will commence on August 9, 2026, at 9:00 A.M. IST and conclude on August 11, 2026, at 5:00 P.M. IST. Shareholders may cast votes electronically during this period. The voting rights are proportionate to the paid-up equity share capital held as on the record date of August 5, 2026.