Piccadily Agro Industries Limited has scheduled its 32nd Annual General Meeting (AGM) for September 25, 2026. The meeting will be conducted via Video Conferencing or Other Audio Visual Means to transact ordinary and special business for FY26.

The company will seek shareholder approval for the reappointment of Mr. Harvinder Singh Chopra as Managing Director and Mr. Dharmendra Kumar Batra as Whole-time Director. Additionally, the Board proposes appointing M/s Rattan Kaur & Associates as statutory auditors for a five-year term.

Key Agenda Items

The AGM notice outlines several critical resolutions for shareholder consideration:

• Reappointment of Managing Director: Mr. Harvinder Singh Chopra seeks reappointment for one year, effective August 2, 2026. His monthly basic salary is ₹7,20,102, with additional allowances including HRA of ₹3,60,051 and special allowance of ₹2,28,055.
• Reappointment of Whole-time Director: Mr. Dharmendra Kumar Batra seeks reappointment for one year, effective June 29, 2026. His monthly basic salary is ₹3,37,288, along with HRA of ₹1,68,644 and other allowances.
• Statutory Auditor Appointment: The Board recommends appointing M/s Rattan Kaur & Associates as statutory auditors for five years, until the conclusion of the 37th AGM in 2031. The proposed fee for FY27 is ₹2.50 lakh plus taxes.
• Cost Auditor Ratification: Shareholders will ratify the remuneration of M/s Sanjeev K Bansal & Associates for cost audit services at ₹36,000 per annum plus GST for the sugar and distillery units.

Dividend and Voting Details

The company proposes a dividend of ₹1 per equity share of face value ₹10 each, subject to declaration by members. The record date for dividend eligibility is September 18, 2026. Payment will be made on or after October 3, 2026, via electronic mode to registered bank accounts.

Remote e-voting will be open from September 22, 2026, at 9:00 am to September 24, 2026, at 5:00 pm. Members holding shares as on the cut-off date of September 18, 2026, are eligible to vote. The book closure period runs from September 19, 2026, to September 25, 2026.

Director Profiles

Mr. Harvinder Singh Chopra, a Chartered Accountant with over 41 years of experience, has been associated with the company since its inception. He currently serves on the Audit Committee and holds outside directorships in Victor Textile Ltd., Orient Craft Infrastructure Limited, Juhu Hotel Private Limited, and Piccadily Food & Essentials Limited.

Mr. Dharmendra Kumar Batra, an MBA with over 36 years of experience in IT management and system analysis, serves as Chairperson of the Corporate Social Responsibility Committee. He holds outside directorships in Way-out Technologies Private Limited, Six Trees Drinks Private Limited, P & S Beverages Private Limited, and Piccadily Food & Essentials Limited.

Mr. Jai Parkash Kaushik, a retired IAS officer, retires by rotation and offers himself for reappointment. He chairs the Stakeholder Relationship Committee and serves on the Nomination and Remuneration Committee.

Piccadily Agro Industries has fixed September 18, 2026 as the record date for determining shareholders eligible for the recommended final dividend of ₹1 per equity share for the fiscal year ending March 31, 2026 (FY26). This payout represents a 10% return on the face value of the shares and is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

The Board of Directors approved the dividend recommendation during its meeting held on August 18, 2026. The payout will be disbursed within 30 days following the conclusion of the AGM.

Annual General Meeting Details

The company scheduled its 32nd AGM for Friday, September 25, 2026, at 4:30 pm. To determine eligibility for voting and dividend receipt, the Register of Members and share transfer books will remain closed from Saturday, September 19, 2026, through Friday, September 25, 2026, inclusive.

The company has also fixed September 18, 2026 as the cut-off date for remote e-voting. Shareholders holding shares either in physical form or in dematerialized form on this date will be entitled to cast their votes electronically and attend the meeting through video conferencing.

Regulatory Compliance

The disclosure regarding the book closure was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The earlier dividend recommendation was disclosed pursuant to Regulation 30 of the same regulations. The Board meeting commenced at 3:00 pm and concluded at 3:40 pm. Relevant documents have been disseminated on the company’s website.