Kamdhenu Limited has scheduled its 32nd Annual General Meeting for September 25, 2026. The meeting will be held via video conferencing at 12:00 pm IST. The Board recommends a final dividend of ₹0.40 per equity share for FY26.

The agenda includes the adoption of audited financial statements for the year ended March 31, 2026. Shareholders will vote on the dividend declaration and several board appointments. The record date for dividend entitlement is fixed as September 18, 2026.

Board Appointments and Reappointments

Shareholders will consider the reappointment of Satish Kumar Agarwal as a director liable to retire by rotation. He has served since 1994 and holds 77,98,170 equity shares. His remuneration for FY26 was ₹2.88 crore. The proposed pay scale for FY27 to FY29 ranges from ₹40 lakh to ₹50 lakh per month.

The meeting will also seek approval for the reappointment of Smt. Pravin Tripathi as an independent director. She will serve a second term from May 30, 2027, to May 29, 2032. Tripathi, aged 76, is eligible under SEBI regulations despite exceeding the standard age limit. She currently holds directorships in Jay Bharat Maruti Limited and JBM Auto Limited.

Related Party Transactions

The Board seeks shareholder consent for the remuneration of Smt. Vipil Agarwal, Assistant General Manager – Business Development. As the spouse of CFO Harish Kumar Agarwal, she is classified as a related party. Her monthly remuneration limit will increase to ₹5 lakh effective October 1, 2026. This requires approval under Section 188 of the Companies Act, 2013.

Cost Audit and Logistics

Members will ratify the remuneration of M/s K.G. Goyal & Associates as cost auditors for FY27. The fee is set at ₹75,000 plus applicable taxes. Remote e-voting opens on September 22, 2026, and closes on September 24, 2026. The facility allows up to 1,000 members to join via video conferencing on a first-come-first-served basis.

The Annual Report for FY26 and the Notice of AGM are available electronically on the company website and stock exchange portals. Physical copies can be requested by members who have not registered email addresses.

Kamdhenu Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the National Stock Exchange of India Limited on August 31, 2026. The filing details the company’s environmental performance, including the implementation of zero liquid discharge mechanisms and a reduction in greenhouse gas emission intensity.

The report covers standalone operations for the financial year ending March 31, 2026. Kamdhenu Limited reported total energy consumption of 2,47,525.21 GJ, entirely from non-renewable sources. However, the company noted a decline in energy intensity per rupee of turnover from 3.43 in FY25 to 3.24 in FY26.

Environmental Metrics

The company highlighted significant reductions in air pollutants and greenhouse gas emissions compared to the previous year. Total Scope 1 and Scope 2 emissions fell to 27,812.63 metric tonnes of CO2 equivalent from 29,867.76 metric tonnes in FY25.

Water and Waste Management

Kamdhenu Limited implemented a zero liquid discharge (ZLD) mechanism at its steel manufacturing unit. Total water withdrawal increased to 5,11,259.85 kilolitres from 3,66,802.67 kilolitres in FY25, primarily driven by third-party water sources. Despite this increase, the company reported zero water discharge to surface or groundwater bodies.

Waste generation remained stable at 8,169.12 metric tonnes, with 6,396.50 metric tonnes recovered through recycling or other operations. The company disposed of 1,772.62 metric tonnes of waste, largely through incineration.

What the Numbers Show

While total water withdrawal rose by nearly 40% in FY26, the company maintained a zero liquid discharge status. This divergence suggests that increased operational scale or process changes led to higher water intake, which was fully contained within the system rather than released into the environment. The simultaneous drop in energy intensity despite high non-renewable consumption indicates improved operational efficiency relative to turnover growth.

Governance and Social Metrics

The company reported no fatalities, lost-time injuries, or recordable work-related incidents for employees or workers in FY26. Employee turnover for permanent staff decreased to 16.17% from 22.75% in FY25. Kamdhenu Limited also noted that 100% of permanent employees were covered by health and accident insurance.