Shri Venkatesh Refineries Limited has scheduled its 24th Annual General Meeting (AGM) for September 29, 2026, following a board meeting on September 7, 2026. The board recommended a final dividend of ₹1 per share for FY26.

The company reported a 2.77% growth in Earnings Per Share (EPS) for the financial year ended March 31, 2026. The AGM will be held via Video Conferencing/Other Audio Visual Means (VC/OAVM).

Financial Performance & Dividend

The Chairman highlighted resilient operational performance despite subdued industrial growth and global oil price uncertainty. Key financial outcomes include:

• EPS Growth: Registered an increase of 2.77% for FY26.
• Dividend: The Board recommended a final dividend of 10% of paid-up capital, equivalent to ₹1 per share, subject to shareholder approval.

AGM Details

Shareholders holding shares as of the cut-off date, September 23, 2026, are eligible to vote. Remote e-voting will be available from September 26 to September 28, 2026.

Corporate Governance & Director Appointments

The AGM agenda includes the reappointment of Shri Shantanu Ramesh Kabre by rotation. Additionally, shareholders will vote on the appointment/reappointment of independent directors:

• Mrs. Anisha Sukumar Sharma: Appointed as Independent Director for five years.
• Mrs. Sushmita Swarup Lunkad: Appointed as Independent Director for five years.
• Mr. Yogesh Nandi: Reappointed as Independent Director for a second term of five years (April 1, 2027 – March 31, 2032).

M/s Nitin Sharma & Co. was appointed as the scrutinizer for the AGM.

Material Related Party Transactions

The board sought shareholder approval for material related party transactions for FY27-28, including sales of refined oil and corporate guarantees. Key transactions include:

Shift of Registered Office

A special resolution was passed to shift the registered office from Jalgaon, Maharashtra, to Mumbai. The new address is Runwal R Square, Office No. 1109, Floor 11, Lal Bahadur Shastri Road, Vardhaman Nagar, Mulund West, Mumbai 400080. This move aims to facilitate better coordination with institutional investors based in Mumbai.

Shri Venkatesh Refineries Ltd has secured trading approval from BSE Limited to migrate its equity shares from the SME Platform to the Main Board, marking a significant step in its listing status. The exchange confirmed that trading of the company’s shares on the Main Board will commence on July 30, 2026. This transition exposes the firm to a broader investor base but also imposes stricter regulatory obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The approval follows the submission of requisite documents dated July 22, 2026. BSE issued Notice No: 20260729-3 on July 29, 2026, to its trading members regarding the migration. Dinesh Ganapati Kabre, Managing Director of Shri Venkatesh Refineries Limited, intimated the exchange’s Department of Listing Operation about the receipt of the trading approvals.

Regulatory and Operational Changes

With the move to the Main Board, Shri Venkatesh Refineries must adhere to all provisions of the SEBI (LODR) Regulations, 2015, effective from the first date of trading. This includes compliance with Corporate Governance (CG) requirements. The company is directed to submit all corporate compliances and filings through the online Listing Centre portal at http://listing.bseindia.com . This instruction aligns with earlier notices issued by the exchange, specifically Notice No: 20130208-6 dated February 08, 2013, and Notice No: 20130729-25 dated July 29, 2013.

Future Correspondence

BSE has instructed the company to quote the new code numbers allotted to its securities in all future correspondence with the exchange. This applies to matters such as record dates, dividend declarations, bonus shares, rights issues, preferential offers, and conversions of debentures into equity shares. The exchange noted that all existing provisions related to these corporate actions will now be governed by Main Board protocols rather than SME platform rules.

What the Numbers Show

While this filing does not disclose financial metrics, the migration itself signals a change in the company’s capital market footprint. The shift from the SME platform to the Main Board typically implies that the company has met certain eligibility criteria regarding public shareholding and paid-up capital, although specific thresholds are not detailed in this notice. The immediate implication for shareholders is increased visibility and adherence to more rigorous disclosure standards mandated by SEBI’s LODR framework.