KRBL Limited held its 33rd Annual General Meeting on September 24, 2026, via Video Conferencing. Shareholders approved a final dividend of ₹4.50 per equity share for the financial year ended March 31, 2026. However, the meeting witnessed a significant divergence in voting patterns, with public institutions voting against the adoption of the audited financial statements for FY26.

The meeting was attended by 103 shareholders through virtual means. The total number of shareholders as on the cut-off date, September 18, 2026, stood at 85,193. The proceedings were chaired by Anil Kumar Mittal, Chairman and Managing Director.

Key resolutions and voting outcomes

The following ordinary business items were put to vote through remote e-voting and e-voting during the meeting. While all resolutions were passed with requisite majorities, the vote on financial statements saw substantial opposition from institutional holders.

Board and management presence

Key managerial personnel and directors participated virtually from various locations including Noida, Uttar Pradesh, and Mohali, Punjab. The board included Joint Managing Directors Arun Kumar Gupta and Anoop Kumar Gupta, Whole-time Director Priyanka Mittal, and several Non-Executive Independent Directors.

Ashish Jain served as Chief Financial Officer, while Shubham Kandhway acted as Company Secretary and Compliance Officer. The statutory auditors were represented by Walker Chandiok & Co LLP, and DMK Associates served as secretarial auditors and scrutinizers.

Voting and procedural details

Remote e-voting was open from September 21 to September 23, 2026. Members attending the AGM who had not voted remotely were permitted to vote electronically during the session. The voting results and the Consolidated Scrutinizer's Report are scheduled to be declared within two working days from the conclusion of the AGM.

The Chairman thanked members for their support and stated that resolutions would be deemed passed subject to requisite votes. The AGM concluded at 1:00 pm.

What the numbers show

The voting data reveals a stark contrast between promoter and institutional sentiment regarding the company's FY26 financial performance. For Resolution 1 (Adoption of Financial Statements), promoters and promoter group voted 100% in favour. However, Public-Institutions cast 94.32% of their votes against the resolution, amounting to 1,20,23,541 votes against versus only 7,24,390 in favour. Despite this heavy institutional opposition, the resolution passed due to the overwhelming weight of promoter votes (13,77,19,454 in favour).

In contrast, the Final Dividend declaration (Resolution 2) received near-unanimous support across all categories, with Public-Institutions voting 98.43% in favour. This suggests that while institutional investors may have concerns regarding the accounting or reporting standards reflected in the FY26 financial statements, they remain aligned with the board's capital return policy.

KRBL Limited announced that its representatives will interact with analysts and investors on Friday, September 25, 2026. The scheduled engagement is a one-to-one interaction with Yash Dantewadia of Dante Equity.

The meeting will be conducted in person. This disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015.

Meeting Details

Compliance and Disclosure Notes

The company stated that no unpublished price sensitive information pertaining to the company will be shared during the meeting with analysts or institutional investors. The schedule remains subject to changes due to exigencies on the part of the analyst, investor, or the company.

This information is also available on the company's website under the 'Investor Relations' section. The intimation was signed by Shubham Kandhway, Company Secretary & Compliance Officer.