Kriti Nutrients shareholders approved an interim dividend of ₹3.00 per equity share for FY26 and reappointed key directors at the 30th Annual General Meeting held on August 12, 2026.

The meeting, conducted via video conferencing from Indore, saw all eight resolutions passed with requisite majorities. The promoter group held 33,410,469 shares as on the cut-off date of August 5, 2026, representing approximately 66.7% of the total outstanding equity.

Key Resolutions Passed

Shareholders approved the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026. The Board confirmed the interim dividend payout aggregating ₹1,503.11 lakh on 5,01,03,520 equity shares of face value ₹1 each.

Director Appointments and Remuneration

The AGM focused heavily on leadership continuity and compensation structures:

• Mr. Saurabh Singh Mehta was reappointed as a Director liable to retire by rotation. Shareholders also approved a revision in his remuneration as Whole-Time Director and Joint Managing Director, effective April 1, 2026, to July 31, 2027.
• Mr. Shiv Singh Mehta, Chairman and Managing Director, was reappointed for a three-year term from January 12, 2027, to January 11, 2030.
• Both directors received approval for aggregate annual remuneration exceeding 5% of net profits, calculated under Section 198 of the Companies Act, 2013.

Audit and Compliance

Members ratified the remuneration of Cost Auditors M/s Dhananjay V. Joshi & Associates at ₹35,000 plus taxes for FY27. Statutory Auditors M/s M Mehta & Company were reappointed for a second consecutive five-year term until the conclusion of the 35th AGM in 2031.

What the Numbers Show

The voting data reveals a distinct divergence in shareholder engagement between promoter and public categories. While the promoter group cast votes on nearly 100% of their holdings (33,408,469 votes polled against 33,410,469 held), non-institutional public shareholders participated minimally, polling only 52,943 votes against 16,677,388 shares held—a participation rate of just 0.32%. This indicates that governance decisions are overwhelmingly driven by promoter voting power rather than broad retail engagement.

The minimal opposition—only two votes against financial approvals and 866 against remuneration revisions—underscores strong promoter control over corporate governance outcomes.

Kriti Nutrients shareholders approved all eight resolutions placed before them at the company’s 30th Annual General Meeting (AGM) held on August 12, 2026. The meeting, conducted via video conferencing from Indore, saw strong support from the promoter group, which voted in favor of every agenda item.

The key outcomes included the adoption of the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, and the confirmation of the payment of an interim dividend of ₹3 per equity share. Shareholders also approved the reappointment of M/s M Mehta & Company as statutory auditors for a second consecutive five-year term, extending until the conclusion of the 35th AGM in 2031.

Governance and Leadership

The AGM addressed critical governance matters, including the reappointment and fixation of remuneration for top leadership. Shareholders passed special resolutions to reappoint Mr. Shiv Singh Mehta as Chairman and Managing Director for a further period of three years effective January 12, 2027. Similarly, Mr. Saurabh Singh Mehta was reappointed as Whole-time Director designated as Joint Managing Director for three years starting August 1, 2027, along with a revision in his remuneration.

Mr. Saurabh Singh Mehta was also reappointed as a director retiring by rotation under Section 152(6) of the Companies Act, 2013. Additionally, the remuneration of the cost auditor, M/s Dhananjay V. Joshi & Associates, for the financial year 2026-27 was ratified.

Voting Analysis

Voting participation was driven primarily by the promoter group. Out of 19,740 shareholders on record, only 49 members attended the meeting via video conferencing. Remote e-voting was conducted between August 9 and August 11, 2026, with 43 members exercising their voting rights through this channel.

The promoter group held 33,410,469 shares and voted 33,408,469 shares in favor across all resolutions, representing a 99.99% turnout of their holdings. Public non-institutional shareholders polled 52,943 votes, with minimal opposition recorded on most items.

What the Numbers Show

The voting data reveals a high degree of concentration in shareholder activism. While institutional public shareholders held 15,663 shares, they cast zero votes on any resolution. This indicates that governance decisions are effectively determined by the promoter group and retail non-institutional investors, with institutional block holders remaining passive during this AGM cycle.