Narendra Properties has fixed Friday, September 18, 2026 as the record date for determining members eligible to receive the dividend for the financial year 2025-26. The Board of Directors has recommended a dividend of ₹1 per equity share of ₹10 each, constituting approximately 10% of the fully paid-up value. If declared at the upcoming Annual General Meeting (AGM), the dividend will be paid before October 28, 2026.

The company has scheduled its 31st AGM for Tuesday, September 29, 2026, at 9:00 am. The meeting will be conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM), in accordance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. Shareholders registered in the company’s books as of the cut-off date, Tuesday, September 22, 2026, will be eligible to vote on the resolutions set out in the notice of the AGM.

The electronic voting process will commence at 10:00 am on Saturday, September 26, 2026, and conclude at 5:00 pm on Monday, September 28, 2026. Voting will be facilitated via the Central Depository Services Limited (CDSL) platform at www.evotingindia.com , under Electronic Voting System Number (EVSN) 260811006. The Managing Director, Chirag N. Maher, signed the notice submitted to the Bombay Stock Exchange on August 11, 2026, with further details communicated on August 12, 2026.

Key Dates and Schedule

Dividend Details

The recommended dividend of ₹1 per equity share applies to all eligible shareholders whose names appear on the register of members as of the record date, September 18, 2026. The payment timeline ensures that funds are disbursed within 30 days of the AGM, adhering to standard regulatory timelines for dividend distribution. The dividend yield calculation depends on the market price of the equity shares at the time of investment, but the fixed payout amount remains ₹1 per share.

Narendra Properties Limited has approved related-party transactions to engage its Non-Executive Director and two promoters as consultants, alongside the re-appointment of an Independent Director. The Board of Directors, acting on recommendations from the Audit Committee and the Nomination & Remuneration Committee, authorized these engagements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The consultancy agreements are effective from January 1, 2027, through December 31, 2027, while the director’s re-appointment begins on December 27, 2026.

The Board authorized specific remuneration structures for the three consultants. Mr. Nishank Sakariya, Non-Executive Director, will receive monthly remuneration not exceeding ₹2,50,000. Mr. Narendra C Maher, Promoter and father of Managing Director Chirag N Maher, and Mr. Narendra Sakariya, Promoter and father of Director Nishank Sakariya, will each receive annual remuneration not exceeding ₹900,000. These fees are subject to Board approval from time to time.

In addition to the consultancy approvals, the Board approved the re-appointment of Ms. Kavita Patel (DIN: 09433199) as an Independent Director for a second consecutive term of five years. Her tenure will run from December 27, 2026, to December 26, 2031. Ms. Patel is not liable to retire by rotation during this term. She holds registration number IDDB-NR-202112-040136 in the Independent Directors Data Bank and has cleared the proficiency test administered by the Indian Institute of Corporate Affairs.

Ms. Patel brings expertise in aesthetic interior design, project conceptualization, financial management, and client acquisition relevant to the construction industry. The disclosure confirms she is not related to any other directors of the company and is not debarred from holding office by SEBI or any other authority.

The Board also authorized investments, loans, and guarantees beyond the limits prescribed under Section 186 of the Companies Act, 2013, up to a sum of ₹50 Crores. Chirag N Maher, Managing Director, and Rishabh Haran, Company Secretary and Compliance Officer, are authorized to determine materiality and make disclosures to stock exchanges pursuant to Regulation 30(5).