KDDL Limited shareholders approved the FY26 financial statements and a total dividend of ₹23 per share at its 46th Annual General Meeting on September 15, 2026. The meeting also passed resolutions approving incentive payouts for top management.

The session, held via video conference from 3:00 pm to 3:16 pm, saw Chairman Yashovardhan Saboo confirm a quorum before proceedings began. The board presented the annual report and auditors' report for review. Statutory auditors Rohit Arora and Pankaj Adwani, alongside secretarial auditor Ajay Kumar Arora, were present.

Voting Results

Shareholders exercised e-voting rights between September 11 and September 14, 2026. Ajay Kumar Arora served as the scrutinizer. The consolidated results show that all seven resolutions were passed with the requisite majority.

Key Resolutions Passed

Dividend Approval: Shareholders confirmed the interim dividend of ₹15 per equity share (150% of face value) and declared a final dividend of ₹8 per equity share (80%) for FY26. This brings the total dividend payout to ₹23 per share.

Management Incentives: The special resolution approving the incentive payout for Chairman and Managing Director Yashovardhan Saboo for FY25-26 received 96.27% support. The similar resolution for Whole-time Director and CFO Sanjeev Kumar Masown passed with near-unanimous support at 99.9996%.

Board Re-appointment: Sanjeev Kumar Masown, who retired by rotation, was re-appointed as a director. The resolution received 98.98% of votes in favour.

Other Approvals: The company also obtained shareholder authorisation for borrowings via unsecured fixed deposits and ratified the remuneration for the cost auditor for FY27.

Key Attendees

• Yashovardhan Saboo: Chairman & Managing Director
• Chitranjan Agarwal: Independent Director
• Anurag Maheshwari: Independent Director
• Neelima Tripathi: Independent Director
• Anuradha Saboo: Non-Executive Director
• Sanjeev Kumar Masown: Whole-time Director & CFO

The promoter group of KDDL Limited reduced its aggregate stake in the company to 48.14% from 50.43% following a series of share disposals in August 2026.

Pranav Shankar Saboo, acting for himself and other promoter group members, disclosed the transaction under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the National Stock Exchange of India Limited and BSE Limited on August 24, 2026.

Transaction Details

The promoter group disposed of a total of 3,08,489 equity shares carrying voting rights during the reporting period. These sales were executed through both open market transactions and inter-se transfers between group entities.

Conversely, the group acquired 27,010 shares through similar channels on June 29, 2026. The net effect of these movements resulted in a reduction of the promoter group's holding by 2.51% of the total diluted voting capital.

Key Share Movements

Pranav Shankar Saboo was the primary seller within the group, disposing of 35,489 shares between May 25 and May 29, 2026, and a further 2,46,000 shares on August 21, 2026. Dream Digital Technology Private Limited also sold 27,000 shares on June 29, 2026.

On the acquisition side, Vardhan Properties and Investment Private Limited purchased 27,000 shares, while Asha Devi Saboo (Veena Kanoria Family Trust) acquired 10 shares, both on June 29, 2026.

Post-Transaction Holding

Following these transactions, the promoter group's total holding stands at 59,20,947 shares out of the company's total equity share capital of 12,299,280. There are no encumbrances, pledges, or liens reported against these shares.

Yashovardhan Saboo remains the largest individual holder within the promoter group with 18,02,173 shares (14.65%), followed by Rajendra Kumar Saboo (RKS JS Family Trust) with 13,92,098 shares (11.32%).

What the Numbers Show

The disposal activity highlights a significant shift in internal portfolio management within the promoter group. While the aggregate stake decreased, the specific exit of Pranav Shankar Saboo—who sold over 3.8 lakh shares—contrasts with the static holdings of other major family members like Yashovardhan Saboo and Anuradha Saboo. This suggests targeted liquidity events for specific promoters rather than a broad-based divestment by the entire group.