Sanghvi Movers Limited has scheduled a meeting with institutional investors to discuss its general business outlook. The management team will interact with SRE PMS in a physical one-on-one session on Wednesday, August 26, 2026.

The company issued the disclosure on August 19, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III. Vinav Agarwal, Company Secretary and Chief Compliance Officer, signed the intimation.

Meeting Details

The interaction is structured as follows:

The discussion will focus on information already in the public domain. The company stated that no unpublished price-sensitive information pertaining to Sanghvi Movers will be shared during the meeting. The schedule may change due to exigencies on the part of the investors or the company.

Sanghvi Movers Limited has scheduled its 37th Annual General Meeting (AGM) for Monday, August 24, 2026, at 10:30 AM IST via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting aims to secure shareholder approval for a final dividend of ₹2 per equity share for FY26 and the ratification of Managing Director Rishi C. Sanghvi’s total remuneration of ₹6.45 crore, which exceeds regulatory thresholds due to performance-linked incentives. The record date for dividend entitlement is fixed as August 14, 2026, while the cut-off date for voting rights is August 17, 2026.

The Board of Directors recommended the dividend during its meeting on May 20, 2026. In compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company designated August 14, 2026, as the record date. The AGM notice and annual report for FY26 are being dispatched electronically to shareholders with registered email addresses, with physical letters containing web links sent to those without registered emails. The documents are also available on the company’s website and stock exchange portals.

Key Resolutions for Approval

Shareholders will vote on ordinary business items including the adoption of audited standalone and consolidated financial statements for FY26 and the appointment of M/s MSKA & Associates LLP as Statutory Auditors for a second term of five years, from the conclusion of the 37th AGM until the 42nd AGM. Mr. Rishi C. Sanghvi retires by rotation and offers himself for re-appointment as a Director.

Special business items require significant shareholder attention:

The alteration to the Articles of Association seeks to link the face value of equity shares to the Memorandum of Association, providing flexibility for future capital structure changes without requiring further amendments to the Articles. This change is consequential to a proposed subdivision of equity shares.

Managing Director Remuneration Ratification

A critical agenda item is the ratification of the total remuneration paid to Mr. Rishi C. Sanghvi, amounting to ₹6,45,86,595 for the period April 1, 2025, to March 31, 2026. This payment exceeds the limits prescribed under Regulation 17(6)(e) of the SEBI Listing Regulations due to performance-linked incentives.

The breakdown of the remuneration is as follows:

The Nomination and Remuneration Committee and the Board have justified the payout based on the scale of operations, roles undertaken, and alignment with industry practices. Shareholders are asked to ratify this payment through a special resolution.

What the Numbers Show

The decision to ratify remuneration exceeding regulatory thresholds highlights the company’s reliance on performance-linked incentives for its top leadership. With nearly half of the total remuneration (₹3.29 crore) coming from commission, the compensation structure is heavily tied to operational outcomes. This approach aligns executive rewards with financial performance but requires explicit shareholder oversight under SEBI regulations when prescribed limits are breached.

Voting and Participation Details

Remote e-voting will be available from August 21, 2026, at 9:00 AM IST to August 23, 2026, at 5:00 PM IST, facilitated by Central Depository Services (India) Limited (CDSL). Shareholders holding shares in demat mode can vote via their depository accounts (CDSL/NSDL), while physical shareholders must use the CDSL e-voting portal. Proxy appointments are not permitted for this VC/OAVM meeting. Large shareholders (holding 2% or more), promoters, and institutional investors are exempt from the first-come-first-served restriction for attending the virtual meeting.