Shanthi Gears Limited has convened its 53rd Annual General Meeting (AGM) for Wednesday, July 29, 2026, at 4.30 PM. The meeting will be conducted through video conferencing or other audio-visual means, in compliance with regulatory relaxations provided by the Ministry of Corporate Affairs and SEBI. The notice regarding the meeting was published in the Dinamani and Business Standard newspapers on June 26, 2026.

The Board of Directors has recommended a final dividend of ₹2 per equity share of ₹1 each for the financial year ended March 31, 2026. This is in addition to the interim dividend of ₹3 per share paid on February 20, 2026, bringing the total dividend for the financial year 2025-26 to ₹5 per share. The final dividend, subject to shareholder approval at the AGM, will be paid within 30 days from the meeting date.

Distribution of Documents

The company stated that the Notice of the 53rd AGM, the Annual Report, and other related documents will be distributed exclusively through electronic mode. Shareholders will receive these documents at the email addresses registered with their Depository Participants or the Registrar and Transfer Agent. No physical copies of the notice or annual report will be dispatched.

Shareholders holding shares in demat form who have not registered their email addresses are requested to update the details with their respective Depository Participants. Those holding physical shares must register their email addresses with the Registrar and Transfer Agent, MUGF Intime Private Limited, to receive the soft copies of the AGM documents.

Meeting Details and Participation

Detailed instructions for participating in the 53rd AGM via video conferencing, including procedures for remote e-voting, are outlined in the official notice. The AGM documents are also available on the company’s website, the websites of BSE Limited and National Stock Exchange of India Limited, and the Registrar’s portal.

Key AGM Information

Tube Investments of India Limited has confirmed that the promoters and promoter group of Shanthi Gears Limited have not created any encumbrances during the financial year 2025-26. The disclosure confirms that no direct or indirect charges were placed on shares other than those previously reported to the target company.

The confirmation was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Simultaneously, the information was provided to the Audit Committee of Shanthi Gears Limited in accordance with Regulation 31(5)(b) of the regulations.

Regulatory Compliance

The filing ensures transparency regarding the holding status of the promoters. By confirming the absence of new encumbrances, the company adheres to the disclosure requirements mandated by the market regulator for substantial acquisitions and takeovers.