Samkrg Pistons & Rings declared a final dividend of ₹0.50 per equity share for the financial year 2025-26. The payout, representing a 5% return on the ₹10 face value, was approved by shareholders during the company's 40th Annual General Meeting.

The meeting took place on September 22, 2026, through Video Conferencing and Other Audio Visual Means. Chairman and Managing Director Saripalli Karunakar presided over the session, which commenced at 11:00 am and concluded at 11:40 am IST. The Board adopted the audited financial statements for the year ended March 31, 2026, including the Balance Sheet, Profit and Loss Account, and Cash Flow Statement.

Key resolutions passed

Shareholders approved several ordinary and special business items during the virtual gathering. The agenda included the re-appointment of directors and the ratification of auditor remuneration for the upcoming fiscal year.

Monish Saripalli was appointed in place of himself, having retired by rotation and seeking re-appointment as he remains eligible. Additionally, the remuneration payable to the Cost Auditor for the year 2026-27 was ratified through an ordinary resolution.

Voting and compliance details

The company facilitated remote e-voting between September 18, 2026, and September 21, 2026. The record date to determine shareholder eligibility for both voting rights and dividend entitlement was set at September 15, 2026. VBSS Prasad, Practicing Company Secretary, served as the scrutinizer to ensure a fair and transparent vote count. The results of the voting process are scheduled to be declared within two working days from the conclusion of the meeting.

Saripalli Karunakar expressed gratitude to shareholders, banks, employees, customers, and suppliers for their continued support. The Chairman provided a brief overview of the company's business outlook and financial performance before opening the floor for shareholder questions.

Saripalli Kishore, Promoter of Samkrg Pistons & Rings Ltd , transferred 3.09% of the company’s equity stake to his son, Saripalli Monish, through an inter-se transfer.

The transaction involved 303,531 equity shares carrying voting rights and was executed on September 1, 2026. The disclosure was filed with the Bombay Stock Exchange (BSE) on September 2, 2026.

Transaction Details

As part of the transfer, Mr. Kishore’s holding in the company decreased from 30.04% (2,950,686 shares) to 26.95% (2,647,155 shares). Mr. Monish, who held no prior stake, now holds 3.09% of the company.

The total equity share capital of Samkrg Pistons remained unchanged at 9,820,500 shares. The transaction falls under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance

The disclosure was made in compliance with Regulation 6(2) read with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing confirms that there were no encumbrances, pledges, or convertible securities associated with the transferred shares. The total diluted share capital remains at 9,820,500 shares.