Poddar Pigments Limited declared a final dividend of ₹4 per equity share for FY26 during its 35th annual general meeting held on September 21, 2026. The resolution was passed by shareholders via remote e-voting and electronic voting during the session.

The meeting, conducted through video conferencing, concluded with the adoption of the audited financial statements for the fiscal year ended March 31, 2026. Gaurav Goenka, Joint Managing Director and Chief Executive Officer, presided over the proceedings in the absence of a regular chairman.

Key Resolutions

Shareholders approved four ordinary resolutions during the session:

• Adoption of audited financial statements for FY26
• Declaration of final dividend of ₹4 per equity share
• Reappointment of Gaurav Goenka as director
• Ratification of cost auditors' remuneration for FY27

Strategic Updates

Gaurav Goenka highlighted the engagement of Sukano Polymers Corp in the USA to handle sales of Poddar's Single Pigment Dispersion (SPD) black, white, and color portfolio across the United States, Canada, and Latin America. He also outlined the company's corporate social responsibility vision for the coming years.

Governance and Compliance

The statutory and secretarial audit reports for FY26 contained no qualifications or adverse remarks. The scrutinizer's report for the voting process will be uploaded to the company website and CDSL portal within two working days of the meeting conclusion.

Poddar Pigments Limited has entered into a strategic partnership with Sukano Polymers Corp USA to handle direct sales and distribution across the United States, Canada, and Latin America. The agreement, effective from September 9, 2026, grants Sukano exclusive rights to distribute Poddar’s Single Pigment Dispersion portfolio in these regions.

The company disclosed the arrangement on September 19, 2026, pursuant to Regulation 30 of the SEBI Listing Regulations. The partnership aims to strengthen Poddar’s market presence in North and South America through local stock management and dedicated sales representation.

Deal Structure

Sukano Polymers Corp USA will act as the exclusive sales representative for Poddar Pigments in the designated territories. The scope of operations includes managing local inventory and facilitating the sale of black, white, and color Single Pigment Dispersion products.

Strategic Rationale

Poddar Pigments stated that the partnership is expected to strengthen its sales footprint across the Americas. Sukano will receive commissions on sales generated under the agreement. No share exchange ratio or upfront consideration was disclosed as part of this distribution arrangement.