Sreeleathers Limited shareholders approved all four resolutions passed at the 35th Annual General Meeting (AGM) held on September 28, 2026. The meeting ratified the appointment of Soham Dey as a Whole-time Director for a five-year term and confirmed dividend declarations for FY26.

The appointment of Dey, aged 27, was ratified via a special resolution. He holds a Mechanical Engineering degree from Boston University and an MBA from the Kellogg School of Management. Dey is related to Managing Director Satyabrata Dey, Whole-time Directors Shipra Dey and Rochita Dey, within the meaning of Section 2(77) of the Companies Act, 2013. The scrutinizer’s report, filed on September 29, 2026, confirmed that all resolutions were passed with the requisite majority.

Voting results and shareholder participation

The AGM was conducted through Video Conferencing and Other Audio-Visual Means. A total of 93 shareholders attended via video conferencing (2 promoters and 91 public shareholders). No shareholders attended in person or through proxy. The e-voting results revealed strong support for key governance items, particularly regarding director appointments where promoter groups abstained due to related-party status.

For the re-appointment of Director Rochita Dey and the appointment of Soham Dey, the promoter and promoter group did not cast votes, as they were interested parties. Consequently, these resolutions relied entirely on public shareholder approval. Public non-institutional shareholders voted overwhelmingly in favour, with 99.94% support for both director appointments.

Financial performance highlights

The AGM reviewed financial results for the fiscal year ended March 31, 2026. Rochita Dey, Whole-time Director, presented the year-in-review, disclosing a net profit of ₹2,874.27 lakh and gross revenue of ₹24,840.43 lakh.

Dividend declaration and governance updates

Shareholders confirmed an interim dividend of ₹1 per equity share and declared a final dividend of ₹1 per equity share, both on shares with a face value of ₹10 each. This results in a total payout of ₹2 per share for FY26. The resolution for dividend declaration received 99.9999% votes in favour from the total polled votes.

In other governance matters, Rochita Dey was reappointed as a Director retiring by rotation. Bhaskar Chatterjee, Independent Director, chaired proceedings for agenda items where the Chairman had a conflict of interest. The Board had initially appointed Soham Dey as an Additional Director on August 14, 2026, before recommending his full appointment to shareholders.

What the numbers show

The disclosed figures reveal an operating margin of approximately 15.4% for FY26, calculated from the operating profit before tax against gross revenue. The net profit represents roughly 11.6% of gross revenue, indicating that post-tax profitability remained robust relative to the company's top-line performance during the fiscal year.

A notable pattern in the voting data is the divergence in participation based on interest. For non-related party items like financial statements and dividends, promoter group participation was high (78.6% of their shares voted), contributing to near-unanimous overall support. However, for related-party appointments (Rochita Dey and Soham Dey), promoter group voting was zero. Despite this absence, public shareholders provided sufficient quorum and majority, with over 56% of public non-institutional shares polled supporting the appointments, ensuring smooth governance transitions.

Sreeleathers has scheduled its 35th Annual General Meeting (AGM) for Monday, September 28, 2026. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (VC/OAVM).

The company issued this intimation on September 4, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows an earlier disclosure on September 3, 2026, regarding web links for the AGM notice and the FY26 Annual Report.

Meeting and Voting Schedule

The AGM is set to begin at 11:30 am. Shareholders can participate in remote e-voting during the specified window.

Document Access and Email Registration

Shareholders who have not registered email addresses can access the AGM notice and the Annual Report for FY26 through specific online portals. These documents are also hosted on the company’s website under the Investors > Annual Reports section and on the Central Depository Services (India) Limited (CDSL) e-voting website.

To receive future communications electronically, shareholders must register their email addresses by submitting a signed request letter, a self-attested PAN Card, and a self-attested address proof to investors@sreeleathers.com or nichetechpl@nichetechpl.com .