MCX declares ₹8 per share final dividend at 24th AGM
- MCX declares final dividend of ₹8 per equity share for FY26
- 24th AGM held on September 17, 2026, via Video Conferencing
- Shareholders approved FY26 audited standalone and consolidated financials
- Mr. Mohan Shenoi reappointed as Non-Independent Director
*this image is generated using AI for illustrative purposes only.
Multi Commodity Exchange of India Limited declared a final dividend of ₹8 per equity share for FY26 during its 24th Annual General Meeting. The payout applies to shares with a face value of ₹2 each.
The AGM was convened and held on September 17, 2026, through Video Conferencing in compliance with SEBI LODR Regulations, 2015, and MCA Circulars. Dr. Harsh Kumar Bhanwala, Chairman of the Board, presided over the proceedings from the Mumbai office.
Meeting Proceedings
A total of 75 members attended the virtual meeting. Ms. Manisha Thakur, Company Secretary, welcomed the attendees and confirmed the presence of a quorum before handing over the chair to Dr. Bhanwala.
Key board members present included:
- Mr. C. S. Verma, Public Interest Director
- Dr. Navrang Saini, Public Interest Director
- Mr. Santosh Kumar Mohanty, Public Interest Director
- Mr. Mohan Shenoi, Non-Independent Director
- Mr. Arvind Kathpalia, Non-Independent Director
- Ms. Praveena Rai, Managing Director & CEO
Directors attending via video conference included Ms. Sonu Bhasin and Mr. Ashutosh Vaidya. Representatives from statutory auditors V Sankar Aiyar & Co and secretarial auditors AVS & Associates were also present.
Resolutions Approved
Shareholders approved several ordinary business resolutions, including:
- Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026.
- Declaration of the final dividend.
- Re-appointment of Mr. Mohan Shenoi as a Non-Independent Director, subject to SEBI approval.
The Statutory Auditors' Report was taken as read, noting no qualifications or adverse observations on the company's financial transactions.
Voting Process
The company facilitated remote e-voting prior to the meeting and electronic voting during the AGM via the NSDL e-voting system. Mr. Vijay Yadav of AVS & Associates served as the scrutinizer for the voting process. The e-voting facility remained open for 15 minutes after the meeting concluded at 1:26 pm.
Consolidated voting results will be disclosed on the company's website and NSDL platform.
Historical Stock Returns for MCX
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.68% | -2.53% | +12.15% | +27.77% | +113.54% | +895.34% |
How might the ₹8 per share dividend impact MCX's stock valuation and investor sentiment in the upcoming trading sessions?
What are the potential implications of re-appointing Mr. Mohan Shenoi as a Non-Independent Director on the company's governance structure and strategic direction?
Given the clean audit report, what specific operational or revenue growth strategies is MCX likely to pursue in FY27 to sustain profitability?
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