Indigo Paints has submitted its annual report for the financial year ended March 31, 2026 (FY26), including the Business Responsibility and Sustainability Report (BRSR), to the Bombay Stock Exchange and the National Stock Exchange. The filing confirms the schedule for its 26th Annual General Meeting (AGM).

Annual Report Filing

Pursuant to Regulation 30 read with Part A of Schedule III and Regulation 34(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed the complete annual report on August 21, 2026. The document is available on the company’s website for investor access. Shareholders without registered email addresses are receiving letters with web-links to view the documents electronically.

Dividend Proposal

The Board has recommended a final dividend of ₹5.00 per equity share, representing a 50% payout on the face value of ₹10 per share for FY26. The record date for determining dividend eligibility is September 4, 2026. The register of members will remain closed from September 5 to September 12, 2026.

If approved by shareholders during the AGM, the dividend will be paid electronically on or before October 12, 2026. Shareholders who have not updated their bank details will receive dividend warrants or cheques via post. The company advises members to utilize the Electronic Clearing System (ECS) and ensure their KYC is up to date with their depository participants or the Registrar and Transfer Agent (RTA) to avoid delays.

Director Reappointment

Shareholders will vote on the reappointment of Mr. Narayanankutty Kottiedath Venugopal as Executive Director. He retires by rotation but is eligible for reappointment. Mr. Venugopal has been associated with Indigo Paints since 2003 and was appointed as Executive Director for a five-year term effective June 1, 2025, through May 31, 2030.

With over 43 years of experience in the paint industry, including prior roles at Asian Paints Limited and Hi-Build Coatings Private Limited, Mr. Venugopal attended all five board meetings during FY26. His last drawn remuneration was ₹180 lakh plus employee stock options. He currently chairs the Risk Management Committee and serves on the Stakeholder’s Relationship Committee.

Cost Auditor Ratification

The AGM agenda includes the ratification of remuneration for M/s. Harshad S Deshpande & Associates, who were appointed as Cost Auditors for FY27. The approved remuneration is ₹80,000 plus applicable taxes and reimbursement of out-of-pocket expenses at actuals. This appointment was made based on the recommendation of the Audit Committee.

Meeting Logistics

The 26th AGM is scheduled for Saturday, September 12, 2026, at 11:00 am through video conference or other audio-visual means. The deemed venue is the company’s registered office in Pune. Remote e-voting will be open from September 9 to September 11, 2026, facilitated by Central Depository Services Limited (CDSL).

Indigo Paints is targeting over 25% annual revenue growth as it focuses on gaining market share and broadening its product portfolio beyond its core decorative paints business, according to a newspaper report.

Expansion into new segments

The company's growth strategy centres on entering adjacent categories to complement its existing decorative paints operations. The segments identified for expansion include:

• Wood coatings
• Waterproofing
• Auto refinish
• Industrial coatings (potential entry)

Strategic priorities

Indigo Paints has outlined a dual-track approach to achieving its revenue target, combining organic market-share gains within decorative paints with diversification into higher-growth adjacent categories. The move into wood coatings, waterproofing, and auto refinish represents a broadening of the company's addressable market, while industrial coatings has been flagged as a potential future avenue.