Sharda Motor Industries has scheduled its 41st Annual General Meeting for September 24, 2026, to approve a final dividend of ₹20 per equity share for FY26.

The meeting will be held via Video Conferencing or Other Audio-Visual Means at 12:00 noon. Shareholders on record as of September 18, 2026, are eligible to receive the payout and cast votes.

Key Agenda Items

The Board has placed several ordinary and special resolutions before shareholders:

• Adoption of standalone and consolidated financial statements for the year ended March 31, 2026.
• Declaration of a final dividend of ₹20 per equity share (face value ₹2), representing a 1,000% payout on face value.
• Reappointment of Kishan N Parikh as a Director retiring by rotation.

Executive Leadership Renewal

Shareholders will vote on the reappointment of Ajay Relan as Whole-Time Director, designated as Executive Chairperson, for a five-year term commencing September 1, 2026.

The remuneration package includes a basic salary of ₹35 lakh per month, within a range of ₹25 lakh to ₹40 lakh. Additional components include performance-linked incentives and standard perquisites such as medical insurance and car usage. A separate special resolution seeks approval for remuneration exceeding ₹5 crore or 2.5% of net profits, whichever is higher, in compliance with SEBI Listing Regulations.

Other Resolutions

The AGM notice also includes proposals for:

• Payment of performance incentive commission up to ₹20 lakh to Non-Executive Independent Director Navin Paul for FY27.
• Ratification of remuneration of ₹1 lakh to Gurdeep Singh & Associates as Cost Auditors for FY27.

Voting Timeline

Remote e-voting is open from September 21 to September 23, 2026. The book closure period runs from September 19 to September 24, 2026. Dividend payments will be processed electronically only.

Sharda Motor Industries has made the audio recording of its first-quarter FY27 earnings call available to investors. The conference call, which took place on Tuesday, August 11, 2026, at 5:00 pm IST, discussed the company’s operational and financial performance for the quarter ended June 30, 2026. The recording is now accessible via the company’s official website, allowing stakeholders who could not attend the live session to review management’s commentary and responses to analyst queries.

The disclosure of the audio recording is in compliance with Regulation 30 read with Part A of Schedule III under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sharda Motor Industries notified both the BSE Limited and the National Stock Exchange of India Limited regarding the availability of the recording. The notice was issued by Iti Goyal, Assistant Company Secretary & Compliance Officer, on August 11, 2026.

Earnings Call Overview

The earnings call provided a platform for senior management to discuss the company’s progress against market expectations for Q1FY27. The session was structured as a group/public meet, enabling broad participation from investors and analysts. Key details of the event are outlined below:

Management Representation

Senior leadership responsible for strategic and financial oversight represented Sharda Motor Industries during the discussion. The participants included:

• Aashim Relan, Group CEO
• Ashwani Maheshwari, DMD
• GD Takkar, Group CFO

These executives addressed queries regarding the company's operational metrics and financial health for the quarter.

Accessing the Recording

Investors can access the audio recording directly through the link provided on the company’s website. The file is hosted at www.shardamotor.com under the investor relations section. This ensures transparency and allows stakeholders to assess the company's performance at their convenience. The notice confirms that the recording is available for reference and record purposes.