M K Exim (India) Limited declared a dividend of ₹0.60 per equity share for the financial year ended March 31, 2026, during its 34th Annual General Meeting (AGM) held on September 25, 2026.

The meeting was conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM), in compliance with Ministry of Corporate Affairs and SEBI circulars. A total of 51 members attended the virtual session, which commenced at 11:32 am and concluded at 12:16 pm. The company disclosed the final voting results and scrutinizer's report on September 26, 2026, confirming the passage of all nine resolutions with requisite majorities.

Key resolutions passed

Shareholders adopted the audited standalone and consolidated financial statements for FY26. The Board reported no qualifications, reservations, or adverse remarks in the Statutory and Secretarial Audit Reports for the period. The dividend resolution received 99.9998% votes in favor, with only 45 votes cast against out of 28,840,023 valid votes polled.

The AGM approved several ordinary and special business items:

• Re-appointment of Mrs. Lajwanti Murlidhar Dialani as Director, liable to retire by rotation.
• Continuation of Mr. Murlidhar Wadhuma Dialani as Whole-time Director upon attaining the age of 70 years during his tenure.
• Re-appointment of Mr. Gaurav L Patodia as Non-Executive Independent Director for a second term of five consecutive years.

Related party transactions

Members approved material related party transactions with four entities: M/s Manish Overseas, M/s Laaj International, M/s Lewanna, and M/s Kolba Farm Fab Pvt Ltd (an Associate Company). Unlike the unanimous support for routine items, these resolutions saw notable dissent from public shareholders. For each related party transaction, approximately 2.36% of valid votes were cast against the proposal, while promoters abstained or voted in favor as required by regulations regarding interested parties.

Strategic outlook

Managing Director Manish Murlidhar Dialani stated that the company’s objective remains strengthening existing businesses while exploring new avenues for revenue generation. He specifically highlighted a focus on developing the premium beauty and personal-care segment.

What the numbers show

The voting pattern highlights a divergence between promoter-backed governance decisions and public shareholder sentiment on related-party dealings. While routine resolutions like dividend declaration and director re-appointments secured near-total consensus (over 99.99% in favor), the four material related party transactions faced consistent opposition from public non-institutional investors. Specifically, 254,653 votes were cast against each RPT resolution, representing 2.36% of the valid votes polled by public shareholders who participated via remote e-voting or during the AGM. This suggests a segment of the public shareholder base remains cautious about the scale or nature of transactions with associated entities such as Kolba Farm Fab Pvt Ltd and Manish Overseas.

M K Exim (India) Limited promoter Murli Wadhumal Dialani acquired 13,920 equity shares in the open market on September 25, 2026. The transaction increases his individual stake to 11.196% and brings the total holding of the promoter group to 44.878%.

The acquisition was disclosed under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as well as Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the Bombay Stock Exchange on September 26, 2026.

Acquisition Details

Murli Wadhumal Dialani, who serves as the Whole Time Director and is part of the promoter group, purchased the shares through open market transactions on the BSE. The total value of the transaction was ₹9,77,000, excluding taxes and brokerage charges. Prior to this acquisition, he held 4,505,630 shares individually, representing 11.162% of the total voting capital. Together with persons acting in concert (PAC), the promoter group held 18,102,147 shares, or 44.844% of the company's equity.

Following the purchase, his individual holding rose to 4,519,550 shares. The combined holding of the promoter and PACs increased to 18,116,067 shares.

Promoter Group Structure

The disclosure identifies four individuals as part of the promoter group acting in concert with Murli Wadhumal Dialani:

• Lajwanti Murlidhar Dialani
• Manish Murlidhar Dialani
• Reshma Manish Dialani

None of the acquired shares are encumbered by pledge or lien. The company’s total equity share capital remains at ₹40,36,72,500, comprising 4,03,67,250 shares of face value ₹10 each. The filing also confirmed that there were no trades in derivatives involving the company's securities during the period.