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. Shareholders holding shares as of the cut-off date of Friday, September 18, 2026, are eligible to vote on resolutions and receive the recommended dividend.

The company has enabled remote e-voting through CDSL for all resolutions. The e-voting facility will be active from 9:00 am on September 22, 2026, to 5:00 pm on September 24, 2026. After this window closes, the e-voting system will be disabled. Shareholders who have already cast their votes electronically may participate in the VC/OAVM meeting but cannot vote again during the session. Those who have not voted remotely can exercise their voting rights during the live meeting via the VC platform.

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). This book closure period ensures that only shareholders on the register as of September 18, 2026, are eligible for the dividend and voting rights.

Dividend Recommendation

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. If approved by shareholders at the AGM, the dividend will be paid within 30 days of the meeting date to those whose names appear in the register of members or whose transmission/transposition requests were effective before the record date.

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.

M K Exim (India) Limited reported robust financial performance for FY26, with consolidated revenue rising 6% to ₹10,022.42 lakh from ₹9,494.93 lakh in the previous year. The company’s profit after tax (PAT) grew 11% to ₹2,002.13 lakh, up from ₹1,798.71 lakh in FY25. The growth was primarily driven by the cosmetics and FMCG distribution segment, which contributed ₹8,421.88 lakh in revenue, an increase from ₹7,885.53 lakh in the prior year.

Financial Highlights

The board of directors approved the audited standalone and consolidated financial statements during a meeting held on August 18, 2026. Key financial metrics for the fiscal year ended March 31, 2026, are detailed below:

Cash and cash equivalents stood at ₹152.60 lakh as of March 31, 2026. The company transferred ₹1,600 lakh to the General Reserve account during the year to strengthen its financial position.

Dividend Recommendation

The board recommended a final dividend of 6% (₹0.60 per equity share of face value ₹10 each) for FY26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The total dividend payout aggregates to ₹242.20 lakh. Shareholders on record as of September 18, 2026, will be eligible for the dividend. The register of members and share transfer books will remain closed from September 19, 2026, to September 25, 2026.

Related-Party Transactions

The board sought shareholder approval for material related-party transactions (RPTs) totaling ₹250 crore for the period until the next AGM in 2027. These transactions are proposed to be carried out at arm’s length in the ordinary course of business:

• M/s Manish Overseas: Approval for transactions up to ₹100 crore involving the purchase/sale of cosmetic and FMCG products. This entity is owned by Chairman Mr. Murli Wadhumal Dialani.
• M/s Laaj International: Approval for transactions up to ₹50 crore for the purchase/sale of fabrics and textiles. This entity is owned by Managing Director Mr. Manish Murlidhar Dialani.
• M/s Lewanna: Approval for transactions up to ₹50 crore for the trading of cosmetics. This entity is also owned by Mr. Manish Murlidhar Dialani.
• Kolba Farm Fab Pvt Ltd: Approval for transactions up to ₹50 crore involving yarn, fabric, and job work. This is an associate company in which the promoter group holds significant interest.

Governance and Director Changes

The 34th AGM is scheduled for September 25, 2026, to be conducted via Video Conferencing or Other Audio-Visual Means. Key governance resolutions include:

• Continuation of Whole-Time Director: Shareholder consent is sought for Mr. Murli Wadhumal Dialani to continue as Whole-Time Director until September 27, 2029, notwithstanding his attaining the age of 70 during his tenure.
• Re-appointment of Independent Director: Mr. Gaurav L Patodia is 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 remuneration of Mrs. Lajwanti Murlidhar Dialani (Whole-Time Director) was increased to ₹60 lakh per annum, and Mr. Manish Murlidhar Dialani (Managing Director) to ₹84 lakh per annum.

Strategic Decisions

The board considered the purchase of a property at Plot No. J-1247, Sitapura Industrial Area, Jaipur, and the sale of the existing registered office property at G-1/150, Garment Zone, Sitapura. Additionally, approval was granted to invest surplus funds up to ₹5 crore in securities of other companies.