Inox India approves ₹2 dividend at 49th AGM

1 min read     Updated on 24 Jun 2026, 02:36 AM
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Inox India held its 49th AGM on June 23, 2026, approving a dividend of ₹2 per share for FY26. The meeting adopted audited financial statements, reappointed Mr. Pavan Jain as Director, and ratified cost auditor remuneration.

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Inox India held its 49th Annual General Meeting (AGM) on June 23, 2026, approving a dividend of ₹2 per equity share for the financial year ended March 31, 2026. The meeting, conducted via video conferencing, saw the adoption of audited standalone and consolidated financial statements for FY26. Shareholders also approved the reappointment of Mr. Pavan Jain as Director and the ratification of cost auditor remuneration.

The AGM commenced at 12:00 p.m. and concluded at 12:24 p.m., chaired by Mr. Pavan Jain, Chairman and Director of the company. The proceedings were conducted in compliance with the Companies Act, 2013, and regulations issued by the Securities and Exchange Board of India (SEBI). Several independent directors, non-independent directors, and senior executives were present.

Resolutions Passed

The following table summarizes the resolutions approved by the shareholders:

Item No. Brief Description Type of Business Manner of Voting
1 Adoption of Financial Statements for FY26 Ordinary Business Remote e-voting prior & during AGM
2 Declaration of dividend of ₹2 per equity share Ordinary Business Remote e-voting prior & during AGM
3 Reappointment of Mr. Pavan Jain as Director Ordinary Business Remote e-voting prior & during AGM
4 Approval of Material Related Party Transaction(s) with INOX Air Products Private Limited Special Business Remote e-voting prior & during AGM
5 Ratification of Remuneration of Cost Auditors Special Business Remote e-voting prior & during AGM

Remote e-voting commenced on June 19, 2026, and concluded on June 22, 2026. The scrutinizer's report confirmed that all resolutions were passed with the requisite majority. Detailed voting results are available on the company's website and stock exchange platforms.

Historical Stock Returns for INOX India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.22%+3.11%+29.78%+68.97%+55.92%+98.82%

How will the approved material related party transaction with INOX Air Products Private Limited impact Inox India's operational efficiency and revenue growth?

What strategic initiatives does Mr. Pavan Jain's reappointment as Director signal for the company's future direction?

How does the ₹2 per share dividend reflect Inox India's confidence in its cash flow generation and future profitability?

Inox India promoter member disposes shares for ₹9.30 lakh

0 min read     Updated on 23 Jun 2026, 03:41 AM
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Lata Madhusudan Rungta, a member of the Promoter Group of Inox India, disposed of 500 equity shares on June 18, 2026, via the National Stock Exchange. The transaction, valued at ₹9,30,500, was disclosed under SEBI (Prohibition of Insider Trading) Regulations, 2015. Post-sale, her holding stands at 5,01,340 shares, representing 0.55% of the paid-up share capital.

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Lata Madhusudan Rungta, a member of the Promoter Group of inox india , has disposed of 500 equity shares, reducing her stake in the company. The shares were sold on the market through the National Stock Exchange (NSE) on June 18, 2026. The transaction value totaled ₹9,30,500, excluding taxes and brokerage charges.

Transaction Details

The disclosure was made to the company on June 20, 2026, under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The shares sold represented 0.0006% of the company's equity share capital. Following the disposal, Rungta's total holding stands at 5,01,340 equity shares, which accounts for 0.55% of the paid-up share capital.

Holding Summary

Description Details
Name Lata Madhusudan Rungta
Category Promoter Group
Shares Sold 500
Sale Value ₹9,30,500
Pre-sale Holding 5,01,840 shares (0.55%)
Post-sale Holding 5,01,340 shares (0.55%)
Mode of Disposal On Market
Exchange NSE
Date of Sale 18-06-2026

There were no derivatives transactions reported by the promoter group member during this period.

Historical Stock Returns for INOX India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.22%+3.11%+29.78%+68.97%+55.92%+98.82%

Does this sale signal the beginning of a broader trend of divestment by other promoter group members?

How might the market interpret this insider selling regarding the company's future valuation?

Will the proceeds from this sale be reinvested into other sectors or held as liquidity?

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1 Year Returns:+55.92%