SJVN Limited has fixed Monday, August 24, 2026, as the record date for determining shareholder eligibility for its final dividend of ₹0.35 per equity share for the financial year 2025-26. This payout, subject to approval at the company’s 38th Annual General Meeting (AGM) on August 31, 2026, completes a total dividend distribution of ₹1.50 per share for FY26, following an interim dividend of ₹1.15 per share declared in February 2026. The final dividend adds to the company’s strong standalone Profit After Tax (PAT) of ₹1,007.90 crore reported for FY26, marking a 3.89% year-on-year increase.

The Board of Directors recommended the final dividend during its meeting on May 15, 2026. Shareholders holding shares on the register of members at the closure of business hours on August 24, 2026, will be entitled to receive the payment. The company has closed its share transfer books from August 25, 2026, to August 31, 2026, inclusive. Pursuant to Section 126 of the Companies Act, 2013, the dividend will be paid within 30 days of declaration at the AGM. Tax Deducted at Source (TDS) will be applied based on the Income Tax Act, 2025, with rates varying by shareholder status and PAN validity.

AGM Agenda and Director Appointments

The 38th AGM, scheduled to be held via Video Conferencing/Other Audio-Visual Means (VC/OAVM), will transact several key items of ordinary and special business. Beyond the adoption of financial statements and confirmation of the interim dividend, shareholders will vote on the appointment of new directors and ratification of auditor fees.

Key appointments seeking shareholder approval include:

• Parthajit De as Whole-Time Director (Finance), effective March 19, 2026.
• Rajesh Kumar Chandel as Whole-Time Director (Projects), effective June 11, 2026.
• Diwakar Nath Misra as Part-Time Official Director (Government of India Nominee), effective May 14, 2026.
• Arti Kujur as Part-Time Non-Official (Independent) Director, effective July 17, 2026.

Additionally, Ajay Kumar Sharma retires by rotation and offers himself for re-appointment. The meeting will also ratify the remuneration of ₹2,40,000 plus GST and TA/DA for M/s Balwinder & Associates, appointed as Cost Auditors for FY27.

Voting Process and Timeline

Shareholders can exercise their voting rights through remote e-voting from August 28, 2026, at 9:00 AM to August 30, 2026, at 5:00 PM. The facility is provided by Central Depository Services (India) Limited (CDSL). Members holding shares in demat mode can vote via their depository participant or directly through CDSL/NSDL portals using single login credentials. Physical shareholders must log in via the CDSL e-voting website using their folio number, PAN, and bank details or date of birth.

The quorum for the AGM will be determined by the participation of members via VC/OAVM, as physical attendance is not required under current Ministry of Corporate Affairs circulars. Proxy appointments are not available for this meeting. Results will be declared within prescribed timelines and published on the company’s website and CDSL’s e-voting portal.

Financial Context

The dividend payout aligns with SJVN’s robust financial performance in FY26. Standalone revenue from operations rose to ₹3,544.52 crore from ₹2,897.25 crore in FY25, driven by higher energy sales and recognition of tariff arrears. Consolidated revenue surged to ₹4,722.81 crore. However, consolidated PAT declined to ₹641.85 crore from ₹818.02 crore due to losses in subsidiaries and joint ventures. The company’s net worth increased to ₹14,708.20 crore, supporting a Return on Net Worth of 6.95%.

SJVN Limited will hold its 38th Annual General Meeting (AGM) on Monday, August 31, 2026, at 15:00 hours via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The Navratna Central Public Sector Enterprise, a joint venture of the Government of India and the Government of Himachal Pradesh, issued a public notice on August 4, 2026, published in Times of India and Amar Ujala, confirming the virtual format in compliance with Ministry of Corporate Affairs (MCA) Circular No. 20/2020 dated May 5, 2020.

The primary objective of the AGM is to transact the business set forth in the Notice of AGM, which includes the approval of the Board’s Report and Annual Financial Statement for FY25-26. The Annual Report will be dispatched exclusively in electronic mode to members who have registered their email addresses with the company or their Depository Participants (DPs). For those without registered emails, the documents will be accessible on the company’s website at sjvn.nic.in and on the websites of the National Stock Exchange of India Limited and BSE Limited.

Shareholder Action Required

To prevent delays in receiving dividends and annual reports, SJVN Limited has urged shareholders to update their Know Your Customer (KYC) details and email addresses. The specific requirements depend on the form of shareholding:

Members holding shares in physical form must submit Form ISR-1 along with the required documents to MAS Services Limited, the company’s Registrar and Transfer Agent. A copy of Form ISR-1 is available for download from the company’s website.

Voting and Compliance

The company will provide remote e-voting facilities to all members to cast votes on the resolutions detailed in the Notice. Additionally, an e-voting system will be operational during the AGM itself. The detailed procedure for both remote e-voting and voting during the meeting will be specified in the Notice of AGM.

The public notice was signed by Soumendra Das, Company Secretary, from the registered office in Shimla, Himachal Pradesh. The announcement ensures compliance with the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.