Last Mile Enterprises closes books Sept 24-30 for AGM and dividend
- Book closure runs from September 24 to 30, 2026
- 31st AGM scheduled for September 30, 2026 via video conference
- Final dividend recommendation stands at 2% per equity share for FY26
- E-voting window opens September 27 and closes September 29
- Shareholders on record as of September 23 are eligible to vote
*this image is generated using AI for illustrative purposes only.
Last Mile Enterprises has announced a book closure period from September 24 to September 30, 2026. This closure facilitates the company’s 31st Annual General Meeting (AGM) and the declaration of dividends for the financial year ended March 31, 2026.
The AGM is scheduled for Wednesday, September 30, 2026. The meeting will be conducted via video conference or other audio-visual means in compliance with Section 91 of the Companies Act, 2013 and Regulation 42 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.
Book Closure Details
The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026, inclusive. Shareholders on record as of September 23, 2026, are eligible to vote.
Remote e-voting opens on September 27 at 9:00 am and closes on September 29 at 5:00 pm.
Agenda Items
The Board has proposed several ordinary and special business items for shareholder approval during the meeting.
| Item Type | Description |
|---|---|
| Ordinary | Adopt consolidated and standalone financial statements for FY26 |
| Ordinary | Declare final dividend as recommended by the Board |
| Ordinary | Reappoint Mr. Brijendra Markandey Pandey by rotation |
| Special | Reappoint Mr. Amit Gulati as independent director |
| Special | Appoint Mrs. Shobha Bharti as independent director |
Dividend Recommendation
The Board recommends a final dividend of 2% per equity share for the financial year ended March 31, 2026. Eligibility is determined based on the register of members as of the cut-off date.
Director Appointments
The meeting will seek approval for the reappointment of Mr. Amit Gulati for a second five-year term starting September 27, 2026. Additionally, shareholders will vote to appoint Mrs. Shobha Bharti as a non-executive independent director for a five-year term effective from August 14, 2026.
Mr. Brijendra Markandey Pandey retires by rotation and offers himself for reappointment. He holds a Bachelor of Science in Mathematics and has 16 years of experience in the supply chain segment.
Historical Stock Returns for Last Mile Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.20% | -5.28% | -10.36% | -10.99% | -57.42% | 0.0% |
How does the proposed 2% final dividend yield compare to the company's historical payout ratios and current market averages for similar logistics firms?
What specific strategic initiatives or capital allocation plans is Last Mile Enterprises expected to prioritize following the approval of the FY26 financial statements?
How might the addition of Mrs. Shobha Bharti and the reappointment of Mr. Amit Gulati influence the board's governance approach and oversight of supply chain operations?
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