Samkrg Pistons & Rings shareholders approved all four resolutions at the 40th Annual General Meeting held on September 22, 2026. The meeting concluded with the declaration of a final dividend of ₹0.50 per equity share for FY26.

The voting results were finalized on September 22, 2026, following scrutiny by V.B.S.S. Prasad, Practicing Company Secretary. Out of 9,897 shareholders on record, 104 attended via video conferencing. The promoter group, holding 65,66,975 shares, voted entirely through e-voting, while public non-institutional holders voted on 89,020 shares.

Key resolutions passed

Shareholders adopted the audited financial statements for the year ended March 31, 2026, and ratified the remuneration of the Cost Auditor for FY27. Monish Saripalli was re-appointed as director, having retired by rotation.

Voting details and compliance

The e-voting period ran from September 18, 2026, to September 21, 2026. The record date for determining eligibility was September 15, 2026. The scrutinizer’s report confirmed that no polls or postal ballots were received; all votes were cast electronically via CDSL.

For the dividend resolution (Resolution 2), promoters voted 90.43% in favour. Public non-institutional investors showed stronger support, voting 99.78% in favour. The overall turnout represented 67.78% of outstanding shares.

What the numbers show

The voting data reveals a divergence in sentiment between promoter and public shareholders regarding the financial statements and director re-appointment (Resolutions 1 and 3). While promoters supported these measures with 90.43% approval, public non-institutional investors offered only 91.74% support. However, for the dividend payout (Resolution 2), public support surged to 99.78%, indicating high satisfaction with the cash return despite lower enthusiasm for governance-related items.

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.