Olectra Greentech has scheduled its 26th Annual General Meeting (AGM) for September 26, 2026. The company has also fixed September 19, 2026, as the record date for the AGM and the payment of the final dividend.

The meeting will be conducted through video conferencing or other audio-visual means. Olectra Greentech issued the notice on August 31, 2026, pursuant to Regulation 34 and Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details

• Date: September 26, 2026
• Time: 12:00 noon
• Mode: Video Conferencing/other Audio-Visual Means (e-AGM)
• Documents: Notice of the 26th AGM and Annual Report 2025-2026

Dividend and Book Closure

The company proposes a final dividend of 15% (i.e., ₹0.60 only) per equity share of ₹4/- each for the Financial Year ended March 31, 2026. This payout is subject to approval by shareholders in the ensuing AGM.

The Register of Members and Share Transfer Books will remain closed from September 20, 2026, to September 26, 2026, for the purpose of the AGM. Shareholders on record as of September 19, 2026, will be eligible for the dividend payment if approved.

The communication was signed by P Hanuman Prasad, Vice President-Company Secretary & Legal.

Hyderabad-based electric vehicle manufacturer Olectra Greentech has submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the Bombay Stock Exchange and National Stock Exchange. The filing, dated August 31, 2026, outlines the company’s operational footprint, employee demographics, and environmental performance metrics for the financial year ending March 31, 2026.

The report discloses that electric vehicles accounted for 85.69% of the company's turnover, while power insulators contributed the remaining 14.31%. Exports constituted 5.28% of total turnover, with shipments reaching the United States, Malawi, and Mozambique.

Workforce and Governance

As of the end of FY26, Olectra employed 427 permanent employees and engaged 1,403 workers. The workforce was predominantly male, with men comprising 96% of employees and 91% of workers. Female representation stood at 4% among employees and 9% among workers.

The company reported a permanent employee turnover rate of 52% for FY26, an increase from 37.9% in FY25. Conversely, there were no permanent workers during the reporting period, resulting in a 0% turnover rate for this category.

Environmental Metrics

Total energy consumption rose to 29,681 GJ in FY26 from 19,041 GJ in FY25. All consumed energy was sourced from non-renewable sources. Water withdrawal increased significantly to 104,251 kilolitres, up from 14,290 kilolitres in the previous year.

Greenhouse gas emissions also saw a notable increase:

What the Numbers Show

A significant divergence exists between the absolute rise in emissions and the improvement in efficiency per unit produced. While total Scope 1 and Scope 2 emissions jumped by over 65% year-on-year, the emission intensity per electric vehicle manufactured fell sharply from 7.003 tCO2e in FY25 to 1.434 tCO2e in FY26. This suggests a substantial increase in production volume outpaced the growth in energy consumption and associated carbon output.

Regulatory Disclosures

Under Principle 1 disclosures, the company noted a penalty demand of ₹2.58 crore from the Telangana Industrial Infrastructure Corporation Limited. The penalty relates to delays in completing the construction of its Greenfield EV Manufacturing Facility in Hyderabad. No appeal has been preferred against this demand.