RM Drip & Sprinklers Systems Limited declared a final dividend of ₹0.03 per equity share for the financial year ended March 31, 2026. The payout was approved by shareholders during the company's 22nd Annual General Meeting (AGM) held on September 30, 2026.

The AGM was conducted through Video Conferencing and Other Audio-Visual Means, in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Nivrutti Pandurang Kedar, Chairman and Director, chaired the proceedings, which commenced at 2:04 pm IST.

Key resolutions passed

Shareholders considered and adopted the audited standalone and consolidated financial statements for FY26. The following ordinary business items were transacted:

• Adoption of Financial Statements: Approval of the audited financials for the year ended March 31, 2026, along with the Directors' and Auditors' reports.
• Declaration of Dividend: Declaration of a final dividend of ₹0.03 per equity share of face value ₹1 each.
• Re-appointment of Director: Appointment of Mr. Atharva Nivrutti Kedar, Managing Director, who retired by rotation and was re-appointed as he is eligible.

Meeting proceedings

Mr. Atharva Nivrutti Kedar, Managing Director, briefed members on the company's financial performance for FY25-26 and its future outlook. A total of 33 members attended the meeting via VC/OAVM. The requisite quorum was present, allowing the Chairman to call the meeting to order.

The company informed attendees that no queries had been received in advance from any member regarding the business proposed to be transacted. However, registered speakers were invited to raise queries and express views during the session, which were addressed by the management.

Voting and scrutiny

Resolutions were put to vote through remote e-voting prior to the meeting. M/s. Nuren Lodaya & Associates, Practising Company Secretary, served as the Scrutinizer to ensure a fair and transparent voting process. The Scrutinizer's Report on the voting results will be submitted to the stock exchanges and placed on the company's website within the prescribed statutory period.

The meeting concluded at 2:32 pm with a vote of thanks to the Chairperson.

R M Drip & Sprinklers Systems Ltd has confirmed September 23, 2026 as the record date for determining eligibility to attend its annual general meeting and receive the final dividend. The company’s board has recommended a final dividend of ₹0.05 per equity share of face value ₹1 each for the financial year ended March 31, 2026.

The recommendation is subject to approval by shareholders at the 22nd AGM scheduled for September 30, 2026. If approved, the dividend will be paid electronically within 30 days of the meeting date, after deduction of tax at source as applicable. Eligible members are those whose names appear in the beneficial owner list furnished by NSDL and CDSL as on the record date.

Dividend and Record Date Details

The register of members will remain closed from September 24, 2026, to September 30, 2026, inclusive. Shareholders holding shares as of the record date will be eligible to receive the dividend. Members are advised to update their KYC and bank details with depositories or the registrar and transfer agent to avoid delays in payment.

Meeting and Voting Information

The AGM will be conducted through video conferencing or other audio-visual means in compliance with Ministry of Corporate Affairs and SEBI circulars. The notice of the AGM was sent to members whose names appeared in the register as of August 28, 2026.

Nuren Lodaya & Associates has been appointed as the scrutinizer for the e-voting process. Remote e-voting will be available from September 26, 2026, at 9:00 am to September 29, 2026, at 5:00 pm. Shareholders who have already voted remotely will not be eligible to vote during the meeting but may attend.

Key Dates

Board Agenda

In addition to adopting the audited financial statements for FY26 and declaring the dividend, the meeting will consider the re-appointment of Mr. Atharva Nivrutti Kedar as Managing Director. He retires by rotation and offers himself for re-appointment. Mr. Kedar holds a B.Tech in Civil Engineering and receives a monthly remuneration of ₹4,00,000.