Lehar Footwears Limited released the consolidated voting results for its 32nd Annual General Meeting (AGM) held on September 10, 2026. Shareholders approved all five resolutions, including the declaration of a final dividend of ₹0.50 per equity share of face value ₹10 each for FY26.

The meeting, chaired by Chairman and Whole Time Director Raj Kumar Agarwal, took place at Vishwakarma Recreation Club in Jaipur. Members exercised their voting rights through remote e-voting from September 7 to September 9, 2026, and via ballot papers at the venue.

Voting Participation

As on the cut-off date of September 3, 2026, there were 5,791 shareholders. A total of 39 shareholders participated in the meeting, comprising 16 from the promoter group and 21 from the public category. The total votes polled stood at 4,170,744, representing approximately 23.59% of the outstanding shares.

Note: Promoter group votes were cast exclusively via e-voting for ordinary business items. Public shareholders voted via both e-voting and poll.

Resolutions Passed

Shareholders approved five resolutions during the AGM. The ordinary business included adopting the audited financial statements for the year ended March 31, 2026, and declaring the final dividend. The board also sought approval for the reappointment of Mr. Naresh Kumar Agarwal (DIN: 00106649), who retires by rotation.

Special business items focused on remuneration structures. Members approved a revision in the remuneration of executive directors as a special resolution. An ordinary resolution was passed to revise the remuneration payable to a related party holding an office or place of profit in the company.

The Company Secretary confirmed compliance with the Companies Act, 2013, Secretarial Standard on General Meetings (SS-2), and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Detailed voting results were submitted under Regulation 44 of the Listing Regulations.

Lehar Footwears Limited announced the commencement of operations at its new sports footwear manufacturing facility in Kundli, Haryana, on September 3, 2026. The expansion increases monthly production capacity by 150% to 2.5 lakh pairs, supporting both its in-house brand and OEM customers.

The company plans a phased expansion of the Kundli facility to reach 5 lakh pairs per month. This infrastructure upgrade aims to strengthen Lehar’s position in the sports and athleisure segment while enhancing its competitiveness for larger domestic and international OEM engagements.

Manufacturing Capabilities

The Kundli facility utilizes a 5th-generation manufacturing line featuring higher process automation and tighter manufacturing tolerances. These technological upgrades are designed to improve production efficiency and consistency, addressing the quality standards required by larger OEM clients.

Integrated Design Approach

Lehar has integrated an in-house design studio at the new facility, enabling the company to engage with OEM customers during the product development stage. This approach supports shorter cycles from sample development to commercial production, allowing Lehar to participate directly in the design process rather than solely executing manufacturing orders.

Strategic Outlook

Raj Kumar Agarwal, Chairman of Lehar Footwears Limited, stated that the new facility combines advanced manufacturing technology with strengthened quality capabilities. The company expects these enhancements to improve its competitiveness in pursuing larger OEM opportunities over the medium term.

Lehar, incorporated in 1994, manufactures non-leather mass footwear including EVA, PVC, and PU injected products. The company operates four plants in Jaipur alongside the new Kundli facility, managing approximately 1,300 active SKUs across men, women, and kids’ categories.