Mayur Uniquoters Limited has scheduled its 33rd Annual General Meeting (AGM) for September 18, 2026, to be held via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting will commence at 11:00 am Indian Standard Time.

The board of directors, in a meeting held on May 19, 2026, recommended a dividend of ₹6 per equity share of face value ₹5 each for the financial year ended March 31, 2026 (FY26). This proposal is subject to shareholder approval at the AGM.

Key Dates and Voting

The company has fixed August 21, 2026, as the record date for determining dividend entitlements. Shareholders holding shares as of September 11, 2026, are eligible to vote.

Remote e-voting will be conducted through Central Depository Services (India) Limited (CDSL). The voting window operates as follows:

Members who have cast their votes via remote e-voting prior to the meeting may attend the AGM via VC/OAVM but cannot vote again. Those present at the AGM who have not voted remotely may cast their votes during the meeting.

Shareholder Instructions and Access

In compliance with SEBI Master Circular dated January 30, 2026, physical shareholders must update their PAN, contact details, bank account details, and specimen signature to receive dividends electronically. Physical shareholders are requested to submit Form ISR-1 to the Registrar and Transfer Agent (RTA), Beetal Financial & Computer Services Pvt Ltd, at beetalrta@gmail.com to enable Electronic Clearing Services (ECS) payments.

Shareholders with demat holdings should notify their respective Depository Participants of any changes to address or bank details to avoid delays in dividend receipt.

The integrated annual report for FY26, including audited financial statements, was dispatched electronically to registered email addresses on August 19, 2026. Pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, the company also sent letters with web links to members who have not registered their email addresses. The documents are available on the company website under Investors > Reports and Filings.

Mayur Uniquoters reported robust financial growth for the fiscal year ended March 31, 2026, with standalone net profit after tax surging 43.9% to ₹2,029.7 lakh from ₹1,410.1 lakh in the previous year. Consolidated net profit also expanded by 28.4% to ₹1,917.4 lakh. The management attributed the profit improvement to effective cost-saving plans, increased sales prices, and significant revenue contributions from overseas subsidiaries.

Financial Performance

Standalone income from operations grew to ₹9,417.1 lakh, up from ₹8,202.1 lakh in FY25. Total income reached ₹9,961.9 lakh, reflecting a strong top-line expansion. Other income also saw a notable increase, rising to ₹544.8 lakh from ₹396.6 lakh in the prior period.

On a consolidated basis, income from operations stood at ₹9,670.2 lakh, compared to ₹8,801.4 lakh in FY25. The consolidated total income was ₹10,220.8 lakh.

What the Numbers Show

The divergence between the 43.9% growth in standalone net profit and the 28.4% growth in consolidated net profit highlights the varying performance dynamics between the parent company and its subsidiaries. While the parent entity benefited significantly from cost efficiencies and pricing power, the consolidated figure reflects the integration of international operations, including subsidiaries in the USA and South Africa, which contributed to overall revenue but may have faced different margin pressures or currency translation effects.

Dividend and Corporate Actions

The Board of Directors recommended a final dividend of ₹6 per equity share of face value ₹5 each, representing a 120% payout. This is an increase from the final dividend of ₹5 per share declared for FY25. The total proposed dividend payout for FY26 amounts to ₹2,607.2 lakh.

The Company’s 33rd Annual General Meeting (AGM) is scheduled for September 18, 2026, where shareholders will vote on the financial statements and the dividend proposal. The meeting will be held via Video Conference/Other Audio-Visual Means.

Subsidiary Contributions

The Company’s global footprint includes wholly owned subsidiaries such as Mayur Uniquoters Corp. (USA), Mayur Uniquoters SA (Pty) Ltd. (South Africa), and step-down subsidiaries Futura Textiles Inc. (USA) and UAB Futura Textiles Europe (Lithuania). These entities play a crucial role in the Company’s export strategy, particularly in supplying artificial leather to OEM customers in the automotive sector.