SIL Investments Limited shareholders approved all five resolutions placed before them at the company's 92nd Annual General Meeting (AGM) held on July 31, 2026. The meeting, conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), saw high participation with 80.01% of outstanding shares polled. Key outcomes included the adoption of the company's standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026, the declaration of dividends, and the re-appointment of C.S. Nopany as a director liable to retire by rotation.

The voting process was scrutinized by CS Rajendra Chouhan of CSM & Co., Company Secretaries, appointed pursuant to Section 108 of the Companies Act, 2013 and Rule 20(4)(xii) of the Companies (Management and Administration) Rules, 2014. The remote e-voting period commenced on July 27, 2026, at 9:00 a.m. and concluded on July 30, 2026, at 5:00 p.m., with the National Securities Depositories Limited (NSDL) platform managing the votes. A total of 10,366 shareholders were on record as of the cut-off date of July 24, 2026, with 71 shareholders attending the meeting via VC/OAVM (12 from the promoter group and 59 from the public).

All ordinary business resolutions received overwhelming support. The adoption of the standalone audited financial statements for FY26 secured 8,477,699 votes in favor against 911 dissenting votes, representing 99.99% approval on polled votes. Similarly, the consolidated audited financial statements were adopted with 8,477,704 votes in favor and 911 against, also achieving 99.99% support. The resolution for the declaration of dividends mirrored these results, passing with 8,477,704 affirmative votes.

The re-appointment of Mr. C.S. Nopany (DIN 00014587) as a director, who was retiring by rotation, was passed with 8,477,499 votes in favor and 1,111 votes against, resulting in 99.99% support. Notably, the promoter group held 6,759,369 shares but abstained from voting on the special business item regarding material related party transactions, as they were interested parties. This resolution required approval only from non-promoter shareholders. It passed with 1,717,935 votes in favor and 1,161 votes against, achieving 99.93% support among the public non-institutional shareholders who voted.

What the Numbers Show

The voting pattern highlights strong alignment between the promoter group and public non-institutional shareholders on core governance matters, including financial statement adoption and dividend policy. The promoter group cast all its 6,759,369 shares in favor of the ordinary resolutions, while public non-institutional shareholders showed nearly identical support levels, exceeding 99.9% in each case. The only divergence occurred in the related party transaction vote, where promoters abstained as required by regulation, leaving the decision to public shareholders who still approved the transactions with significant majority. No invalid votes were recorded across any resolution, indicating a smooth and compliant voting process under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

SIL Investments Limited has scheduled its 92nd Annual General Meeting (AGM) for July 31, 2026, via video conference, to seek shareholder approval for material related party transactions involving unsecured loans aggregating ₹225 crore. The company reported a standalone profit after tax of ₹3,289.08 lakhs for FY26, a 24% increase from the previous year, while total standalone income rose to ₹5,300.49 lakhs. The Board has recommended a dividend of ₹2.50 per equity share, subject to shareholder approval.

Financial Performance

The company's financial results for FY26 reflect broad-based improvement across key metrics. The operating profit margin rose to 83.01% from 75.65%, and the net profit margin improved to 63.25% from 58.52%. Return on net worth increased to 1.62% from 1.02%. The Capital to Risk Assets Ratio (CRAR) remained above the RBI's regulatory requirement of 15%, with total assets standing at ₹2,18,301.29 lakhs. The quoted investment portfolio was valued at ₹1,68,619.57 lakhs as of March 31, 2026.

AGM and Related Party Transactions

A key agenda item at the AGM is shareholder approval for material related party transactions involving unsecured loans aggregating ₹225 crore to six related parties. These transactions exceed 10% of the company's annual consolidated turnover of ₹62.78 crore. The loans will be advanced on an arm's length basis with tenure not exceeding seven years. Remote e-voting commences on July 27, 2026, and closes on July 30, 2026. The record date for dividend entitlement is July 24, 2026.

Corporate Governance and Compliance

The company has reminded shareholders to update KYC details, including PAN, address, and bank account details, in compliance with SEBI Master Circular No. HO/38/13/(4)2026-MIRSD-POD//4298/2026. Shareholders holding securities in physical mode without updated details will receive payments only through electronic mode from April 1, 2024. The Annual Report is available on the company's website at www.silinvestments.in . The Board comprises seven directors, including four independent directors, and six meetings were held during the year.