Netweb Technologies approves ₹3.00 per share final dividend at 27th AGM
- Final dividend of ₹3.00 per equity share approved for FY26
- Navin Lodha reappointed as director after retirement by rotation
- Profit-based commissions approved for four whole-time directors
- AGM held virtually with participation from promoters and public shareholders
*this image is generated using AI for illustrative purposes only.
Netweb Technologies India Limited shareholders approved a final dividend of ₹3.00 per equity share during the company’s 27th Annual General Meeting held on September 19, 2026. The payout represents a 150% return on the face value of equity shares for the financial year ended March 31, 2026.
The meeting was conducted through Video Conferencing and Other Audio Visual Means in compliance with Ministry of Corporate Affairs guidelines and SEBI Listing Obligations regulations. Sanjay Lodha, Chairman and Managing Director, chaired the proceedings, which began at 3:00 pm.
Key Resolutions Approved
Shareholders voted on several ordinary and special resolutions during the AGM. The key decisions included:
- Adoption of the audited financial statements for FY26 along with the reports of the Board of Directors and Auditors.
- Re-appointment of Navin Lodha as a director following his retirement by rotation under the Companies Act, 2013.
- Ratification of cost auditors' remuneration for FY27.
- Approval of profit-based commissions for four whole-time directors for FY26: Sanjay Lodha, Navin Lodha, Vivek Lodha, and Niraj Lodha.
Participation and Voting
The company reported a total of 2,63,559 members as on the record date of September 11, 2026. Participation in the virtual meeting included five promoter group members and 115 public shareholders.
Remote e-voting commenced on September 16, 2026, at 9:00 am and concluded on September 18, 2026, at 5:00 pm. The voting portal remained open for an additional 30 minutes during the AGM for attendees who had not cast their votes earlier, closing finally at 5:00 pm on September 19, 2026.
MUFG Intime India Private Limited served as the registrars and transfer agents for the remote e-voting process. P.C Jain, Partner at M/s P.C Jain & Co., was appointed as the scrutinizer to oversee the voting procedure.
The detailed voting results and the Scrutinizer’s Report are scheduled to be submitted to the stock exchanges by September 21, 2026, and will be displayed on the company’s website.
Historical Stock Returns for Netweb Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.88% | -6.96% | -10.51% | +41.16% | +59.28% | +412.36% |
How will the approved ₹3.00 dividend payout impact Netweb Technologies' cash reserves and future capital allocation strategies for FY27?
What does the re-appointment of Navin Lodha and the approval of profit-based commissions for the Lodha family directors signal about the company's governance structure and succession planning?
Given the adoption of FY26 financials, what specific growth drivers or margin improvements are management highlighting for the upcoming fiscal year?
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