Paushak Limited shareholders approved the declaration of a dividend on equity shares for the financial year 2025-26, alongside the adoption of audited financial statements and the reappointment of Mr. Udit Amin as a director, at the company's 53rd Annual General Meeting (AGM) held on July 30, 2026. The meeting, conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM), concluded with all five ordinary and special resolutions passing with near-unanimous support, reflecting strong shareholder confidence in the Board's governance and strategic direction.

The AGM was attended by 92 shareholders representing 67.74% of the total outstanding shares, with no shareholders present in person or via proxy. Promoter group participation was complete, with 100% of their shares voted in favor of all resolutions. Public non-institutional shareholders showed high engagement, polling 1.38% of their holdings, while public institutions polled 18.38% of their shares. The voting process was scrutinized by S. Samdani of Samdani Shah and Kabra, Company Secretaries, pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014.

Key Resolutions Passed

The following resolutions were put to vote and passed with requisite majorities:

Mr. Udit Amin, who retires by rotation, offered himself for reappointment. The special resolution regarding his commission for FY26 required a higher threshold but still secured nearly unanimous approval. The promoters and promoter group declared no interest in any of the agenda items or resolutions.

Voting Participation Analysis

The e-voting facility, provided by National Securities Depository Services Limited (NSDL), remained open from July 27, 2026, at 9:00 A.M. IST to July 29, 2026, at 5:00 P.M. IST for remote voting. Votes were unblocked and downloaded on July 30, 2026, around 6:00 P.M. IST in the presence of independent witnesses Kunjan Mehta and Dhruvanshi Dave.

Promoter shareholders held 1,65,89,144 shares and voted 100% in favor across all five resolutions. Public institutions held 19,924 shares, with 3,662 votes cast entirely in favor. Public non-institutions held 80,47,844 shares, casting 1,10,710 votes. While support remained high, this segment recorded the highest number of dissenting votes, particularly against Mr. Amin's reappointment and commission, where 1,874 votes were cast against. However, these dissenting votes represented less than 0.01% of the total valid votes cast, indicating minimal opposition to the Board's proposals.

What the Numbers Show

The near-total alignment between promoter and public institutional voting suggests strong consensus on the company's financial reporting and dividend policy. The slight divergence in public non-institutional voting on director-related matters is statistically negligible but highlights standard shareholder diligence in executive compensation and tenure approvals. The complete promoter participation underscores their commitment to corporate governance transparency.

Paushak Limited has fixed Thursday, July 23, 2026, as the record date to determine member entitlement for the payment of a ₹2.50 per equity share dividend for the financial year ended March 31, 2026. The dividend, subject to shareholder approval at the 53rd Annual General Meeting (AGM) scheduled for July 30, 2026, will be paid on or from August 3, 2026. The AGM will be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM) at 5:00 p.m. IST.

The Board of Directors recommended the dividend alongside the financial results for FY26. For the year, the company reported a net profit of ₹3,933 Lacs, a decrease from ₹4,938 Lacs in the previous year. Revenue from operations rose to ₹21,860.10 Lacs from ₹21,094.94 Lacs in FY25, while total comprehensive income stood at ₹3,180 Lacs.

Financial Performance

Corporate Actions and AGM Agenda

During the year, the company executed a sub-division of equity shares from a face value of ₹10 each to ₹5 each and issued bonus shares in the ratio of 3:1. The bonus shares were listed on BSE Limited w.e.f. October 7, 2025, and equity shares were listed on the National Stock Exchange of India Limited w.e.f. December 1, 2025.

The AGM agenda includes the adoption of audited financial statements, the declaration of dividend, and the re-appointment of Mr. Udit Amin as Director. Shareholders will also vote on a special resolution to pay a commission of ₹135 Lacs to Mr. Udit Amin for FY26 and ratify the remuneration of Cost Auditors M/s. Santosh Jejurkar & Associates for FY27. Remote e-voting is available from July 27 to July 29, 2026.