Jaro Institute of Technology Management and Research Limited concluded its 17th Annual General Meeting (AGM) on July 28, 2026, with shareholders approving a final dividend of ₹3 per equity share for the financial year ended March 31, 2026. The meeting, held via video conferencing in compliance with SEBI Listing Regulations and the Companies Act, 2013, also saw the reappointment of key board members and an increase in managerial remuneration for the Chief Executive Officer.

The proceedings were chaired by Sanjay Namdeo Salunkhe, Chairman and Managing Director. The statutory auditor, M/s. M S K A & Associates LLP, and the secretarial auditor submitted reports with no qualifications, observations, or adverse remarks. Himanshu Gajra & Company served as the scrutinizer for the e-voting process. A total of 51 shareholders participated in the meeting, with 13 registering as speakers to raise questions regarding the company’s strategic direction and financial performance.

Key Resolutions Passed

Shareholders approved several ordinary and special resolutions during the AGM. The most material outcome was the declaration of the final dividend, signaling continued cash flow stability for investors. Other key approvals included the re-election of the Chairman by rotation and the renewal of tenure for independent directors.

Management Highlights

Ms. Ranjita Raman, Whole-Time Director and Chief Executive Officer, addressed the members on Jaro Education’s operational performance. She highlighted growth in learner enrolments, expanded academic partnerships, and progress in B2B corporate learning segments during FY25-26. The management reaffirmed its commitment to accessible, technology-enabled education and long-term stakeholder value creation.

Sanjay Namdeo Salunkhe presented an overview of the company’s key business, financial, and strategic highlights for FY25-26. He noted that the registered office was deemed the venue for the AGM, and since attendance was virtual, proxy appointments were not applicable. The registers required under the Act were made available for electronic inspection.

Governance and Compliance

The Board ensured strict adherence to Secretarial Standards-2 issued by the Institute of Company Secretaries of India. Ms. Kirtika Chauhan, Company Secretary & Compliance Officer, confirmed that all procedural requirements were met. The e-voting facility remained open during the AGM and for an additional 15 minutes post-conclusion to facilitate shareholder participation. The meeting concluded at 03:45 p.m. (IST) with no adverse remarks from auditors.

Jaro Institute of Technology Management and Research has fixed July 21, 2026 as the record date to determine member entitlement for a final dividend of ₹3 per equity share of ₹10 each for the financial year ended March 31, 2026. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. If approved, the payout will be made on or before August 26, 2026.

The Board of Directors approved the record date during a meeting held on July 04, 2026. Concurrently, the Board approved the convening of the company's 17th Annual General Meeting, scheduled for Tuesday, July 28, 2026, at 02:30 P.M. (IST) through Video Conferencing or Other Audio-Visual Means (VC/OAVM). The meeting will transact ordinary business, including the adoption of financial statements and the declaration of the dividend, as well as special business concerning the re-appointment of independent directors and an increase in managerial remuneration.

Key Corporate Actions

The AGM agenda includes the re-appointment of Dr. Alpa Urmil Antani and Dr. Vaijayanti Ajit Pandit as Independent Directors for a second term of five years. Additionally, shareholders will vote on a special resolution to increase the managerial remuneration limit for Ms. Ranjita Raman, Whole-time Director and CEO, from 5% to 8% of net profits for the financial year 2026-27. This increase is proposed to accommodate the perquisite value arising from the exercise of stock options granted under the ESOP 2022 plan.

The company has appointed CS Himanshu Gajra, M/s. Himanshu Gajra & Co, as the scrutinizer for the e-voting process. Remote e-voting will commence on July 25, 2026, at 09:00 a.m. and conclude on July 27, 2026, at 05:00 p.m. The Annual Report for FY26 and the Notice of the 17th AGM are being dispatched to shareholders.