INOX India declares ₹2 dividend for FY26, sets AGM date
INOX India Limited has scheduled its 49th Annual General Meeting for June 23, 2026, via video conferencing, with a recommended dividend of ₹2 per share for FY26. The agenda includes the adoption of financial statements, reappointment of Mr. Pavan Jain, and approval for related party transactions with INOX Air Products Private Limited up to ₹200 Crores.
*this image is generated using AI for illustrative purposes only.
[INOX India Limited](inox india) will conduct its 49th Annual General Meeting on June 23, 2026, at 12:00 p.m. IST via Video Conferencing and Other Audio Visual Means. The Board has recommended a dividend of ₹ 2 per equity share, or 100%, for the financial year ended March 31, 2026. Shareholders holding shares as of June 16, 2026, are eligible to vote and receive dividends, which will be paid within 30 days of the meeting. The meeting allows shareholders to participate remotely, adhering to regulatory provisions for virtual meetings.
The agenda includes the adoption of audited standalone and consolidated financial statements for FY26. Shareholders will also consider the reappointment of Mr. Pavan Jain (DIN: 00030098), who retires by rotation. Mr. Jain, a Chemical Engineering graduate from IIT New Delhi, has over 50 years of experience and currently holds 1,49,03,090 equity shares in the company.
A special business item seeks approval for material related party transactions with INOX Air Products Private Limited (IAPL). The Board proposes entering into transactions for an aggregate value of up to ₹ 200 Crores during FY 2026-27. During FY 2025-26, total transactions with IAPL amounted to ₹ 166.62 Crores, including sales of goods and purchase of gases. The transactions are intended to be in the ordinary course of business and on an arm's length basis.
The meeting will also ratify the remuneration of Cost Auditors M/s. Diwanji & Company. The remuneration is fixed at up to ₹ 1,19,000 plus applicable taxes and reimbursement of out-of-pocket expenses for the audit of cost records for the financial year ending March 31, 2027. The facility for remote e-voting prior to the meeting and e-voting during the meeting will be provided by Central Depository Services (India) Limited (CDSL).
Meeting Details
| Event | Date & Time |
|---|---|
| 49th Annual General Meeting | June 23, 2026 at 12:00 p.m. IST |
| Cut-off Date for Voting | June 16, 2026 |
| Remote E-voting Period | June 19, 2026 at 9:00 a.m. to June 22, 2026 at 5:00 p.m. |
| Mode | Video Conferencing / Other Audio Visual Means |
Historical Stock Returns for INOX India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.82% | +3.73% | +36.80% | +70.82% | +63.41% | +104.03% |
How will the proposed ₹200 Crores in related party transactions with IAPL impact INOX India's operational efficiency and margins in FY 2026-27?
What strategic growth initiatives or capital expenditures does the company plan to prioritize following the adoption of the FY26 financial statements?
Will the 100% dividend payout ratio be sustainable in the long term given the company's future investment requirements?
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