Inox India approves ₹2 dividend at 49th AGM
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.

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?































