M K Exim (India) Ltd has scheduled its 34th Annual General Meeting (AGM) for September 25, 2026, at 11:30 am. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM), with the deemed venue being the company's registered office in Jaipur.

The company has fixed Friday, September 18, 2026, as the "Cut-off Date" and "Record Date" for determining members eligible to vote on resolutions and to receive the dividend for the financial year 2025-26. In compliance with Regulation 42 of the SEBI LODR Regulations, 2015, and Section 91 of the Companies Act, 2013, the Register of Members and Share Transfer Books will remain closed from Saturday, September 19, 2026, to Friday, September 25, 2026 (both days inclusive).

The primary agenda includes the adoption of the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. Additionally, the board has recommended a dividend of ₹0.60 per equity share of face value ₹10 each, representing a 6% payout for FY26. Eligibility for the dividend will be determined based on the register of members as on September 18, 2026.

Related-Party Transaction Approvals

The most significant special business items involve seeking shareholder consent for material related-party transactions (RPTs) under Section 188 of the Companies Act, 2013 and Regulation 23 of the SEBI LODR Regulations. The board is seeking omnibus approvals for transactions with four entities, totaling up to ₹200 crore for the period until the next AGM in 2027.

Transactions with M/s Manish Overseas are valued at 102.7% of the listed entity’s annual consolidated turnover for FY26. Deals with M/s Laaj International, M/s Lewanna, and M/s Kolba Farm Fab Pvt Ltd are each valued at approximately 51.37% of the consolidated turnover. All transactions are stated to be at arm's length and in the ordinary course of business.

Board Appointments and Continuations

Shareholders will also vote on the re-appointment of Mrs. Lajwanti Murlidhar Dialani as a director by rotation. A special resolution will be passed for the continuation of Mr. Murli Wadhume Dialani as Whole-time Director despite him attaining the age of 70 during his tenure, which extends until September 27, 2029. Furthermore, Mr. Gaurav L Patodia is eligible for re-appointment as a Non-Executive Independent Director for a second term of five years, effective November 13, 2026.

What the Numbers Show

The scale of the proposed related-party transactions indicates a high degree of operational dependency on promoter-linked entities. With the aggregate RPT limit set at ₹200 crore and individual deals with Manish Overseas exceeding 100% of the company's consolidated turnover, the listed entity’s revenue generation is significantly concentrated within its related-party network. This structure suggests that the company’s top-line performance is closely tied to the distribution and manufacturing capabilities of these specific proprietary concerns and associates.

M K Exim (India) Limited announced that its Board of Directors has approved the financial results for the fiscal year ended March 31, 2026, along with a recommended dividend for shareholders. The decision was taken during a board meeting held on August 18, 2026.

Governance and Director Changes

The board recommended several key governance resolutions for shareholder approval at the upcoming 34th Annual General Meeting (AGM), scheduled for September 25, 2026.

Key personnel decisions include:

• Continuation of Whole-Time Director: The board proposed the continuation of Mr. Murli Wadhuma Dialani as Whole-Time Director until September 27, 2029, notwithstanding his attaining the age of 70 during his tenure. He is a relative of Managing Director Mr. Manish Murlidhar Dialani and Whole-Time Director Mrs. Lajwanti Murlidhar Dialani.
• Re-appointment of Independent Director: Mr. Gaurav L Patodia was recommended for re-appointment as a Non-Executive Independent Director for a second term of five years, effective from November 13, 2026, to November 12, 2031.

Remuneration Revisions

The nomination and remuneration committee recommended increases in director pay, which the board approved within limits specified under the Companies Act, 2013, and SEBI (LODR) Regulations, 2015:

• Mrs. Lajwanti Murlidhar Dialani (Whole-Time Director): Remuneration increased to ₹60 lakh per annum.
• Mr. Manish Murlidhar Dialani (Managing Director): Remuneration increased to ₹84 lakh per annum.

Strategic and Financial Decisions

Beyond governance, the board addressed several strategic matters:

• Property Transactions: The board considered the purchase of a property at Plot No. J-1247, Sitapura Industrial Area, Jaipur, and the sale of the company’s existing registered office property at G-1/150, Garment Zone, Sitapura.
• Investment Authority: Approval was granted to invest surplus funds up to ₹5 crore in securities of other companies.
• Related Party Transactions: The board sought shareholder approval for material related-party transactions with M/s Manish Overseas, M/s Laaj International, M/s Lewanna, and associate company M/s Kolba Farm Fab Pvt Ltd.

AGM Details

The 34th AGM will be conducted via Video Conferencing or Other Audio-Visual Means from the company’s registered office in Jaipur. The book closure period for dividend entitlement is set from September 19, 2026, to September 25, 2026, with September 18, 2026, as the record date for e-voting eligibility. Ms. Anshu Parikh of A. Parikh & Company has been appointed as the scrutinizer for the voting process.