Sainik Finance & Industries Limited adopted its audited annual financial statements for the financial year ended March 31, 2026, during its 34th Annual General Meeting (AGM) held virtually on September 29, 2026.

The meeting was conducted via video conferencing in compliance with Ministry of Corporate Affairs and SEBI circulars. Mr. Sarvesh Sindhu, Non-executive Promoter Director, chaired the session. A total of 87 members attended the meeting, including representatives from the promoter group.

Resolutions Passed

Shareholders approved several key resolutions through remote e-voting and e-voting during the meeting. The ordinary business included the adoption of financial statements and the reappointment of Sarvesh Sindhu as a director retiring by rotation.

Special business resolutions focused on governance and related-party transactions:

• Appointment of Somvir Sindhu as Director of the Company.
• Approval of material related party transactions with Sainik Mining and Allied Services Limited.
• Approval of material related party transactions with Purshottam Buildwell Private Limited.
• Approval of material related party transactions with Mittersen Agro Farms Private Limited.
• Approval of material related party transactions with ACB (India) Limited.

Meeting Proceedings and Attendance

The requisite quorum under Section 103 of the Companies Act, 2013, was present throughout the meeting. Key managerial personnel, including Chief Executive Officer Chandra Datt and Chief Financial Officer Jagdish Chandra, participated via video conferencing from the corporate office in Gurugram.

During the open house segment, one shareholder, Sarvjeet Singh, addressed the meeting regarding future growth prospects and suggested upgrades to the e-voting facility. The company secretary responded to the queries, and no other shareholders raised questions.

The results of the e-voting were scheduled to be declared and submitted to BSE Limited within two working days of the conclusion of the meeting.

Sainik Finance & Industries declared an interim dividend of ₹0.50 per share for the financial year ending March 31, 2026. The board meeting held on September 23, 2026, approved the payout, fixing October 1, 2026, as the record date.

The dividend is declared at a rate of 5% on the paid-up equity share capital of ₹10.88 crore. This capital consists of 1,08,80,000 equity shares of ₹10 each, fully paid up. Shareholders whose names appear in the register as of the record date will be entitled to this interim payout.

Dividend Details

The company informed BSE that the interim dividend will be paid to eligible shareholders within 30 days from the date of declaration. The board meeting commenced at 11:30 am and concluded at 11:55 pm on September 23, 2026.

Regulatory Compliance and Trading Window

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for directors, key managerial personnel, and designated persons remained closed from September 22, 2026, until 48 hours after the declaration of the board meeting outcome. Piyush Garg, Company Secretary and Compliance Officer, signed the disclosure on September 23, 2026.