Khadim India Limited has dispatched its annual report for the financial year ended March 31, 2026, and scheduled its 45th Annual General Meeting (AGM) for Thursday, September 24, 2026. The company confirmed the dispatch via a Regulation 30 intimation to stock exchanges on September 3, 2026.

The AGM will be held at 11:30 am through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with Ministry of Corporate Affairs and SEBI regulations. Shareholders registered as on the cut-off date of Thursday, September 17, 2026, are eligible to vote.

E-Voting Schedule

The company is providing remote e-voting facilities via the National Securities Depository Limited (NSDL) platform. The voting window operates as follows:

Members who cast their votes remotely before the AGM may attend the meeting but cannot vote again during the session. Non-individual shareholders acquiring shares after the notice dispatch but holding them on the cut-off date can obtain login credentials by contacting NSDL at evoting@nsdl.com or the RTA.

Document Dispatch Details

Shareholders with registered email addresses received the annual report and AGM notice electronically. Those without registered emails received a physical letter containing a web link to access these documents, adhering to Regulation 36(1)(b) of the SEBI Listing Regulations.

The documents are available on the company’s website at www.khadims.com under Investor Relations > SEBI Disclosure > Annual Report. They are also accessible on the BSE and NSE websites and the NSDL e-voting portal.

Contact Information

MUFG Intime India Private Limited (formerly Link Intime India Private Limited) serves as the Registrar & Share Transfer Agent. Shareholders can contact the RTA at +91 8108116767 or investor.helpdesk@in.mpms.mufg.com for queries.

Abhijit Dan, Group Company Secretary & Head - Legal, signed the communication.

Khadim India Limited has recovered ₹31.96 crore from the Samagra Shiksha Abhiyan Authority (SSAA), Punjab, following a High Court order confirming a favourable arbitral award.

The payment resolves a prolonged dispute over withheld receivables and forfeited performance bank guarantees related to a tender for school shoes and uniforms.

Resolution Details

According to a disclosure filed with stock exchanges on August 26, 2026, Khadim India received the outstanding amount of ₹31,96,86,729 along with applicable interest and other dues.

The recovery follows an order by the Hon’ble High Court of Punjab and Haryana, Chandigarh, dated May 5, 2026. The court confirmed the Arbitral Award passed on June 27, 2022, which was in favour of the company.

Dispute Background

The conflict originated when the Tenderer, acting through the Director General School Education-cum-State Project Director (DG-School), withheld approximately ₹32 crore and forfeited performance bank guarantees worth ₹1.5 crore and ₹35 lakh in August 2020.

Khadim India initiated arbitration proceedings against these actions. The Arbitral Panel ruled in June 2022 that the company was entitled to the principal amount plus interest at 9% per annum. It also ordered the refund of the forfeited guarantees with interest at 4.5% per annum and proportionate arbitration costs.

The dispute saw a setback in August 2023 when the District Court at Mohali set aside the arbitral award. Khadim India appealed this decision to the High Court in October 2023. The High Court’s May 2026 order reversed the District Court’s decision, reinstating the arbitration award.

What the Numbers Show

The final settlement amount of ₹31.96 crore is nearly identical to the original withheld receivable of approximately ₹32 crore. This indicates that the primary financial impact of the litigation was the time value of money, addressed through the awarded interest rates of 9% and 4.5% on the principal and guarantees respectively.