Stovec Industries Limited held its 52nd Annual General Meeting (AGM) on Thursday, 7th May 2026, from 2:30 PM to 3:40 PM via Video Conferencing (VC) and Other Audio Visual Means (OAVM). The meeting was conducted in accordance with applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A total of 7,487 shareholders were on record as of the cut-off date of 30th April 2026, with 44 shareholders attending through video conferencing — 1 from the promoter and promoter group, and 43 from the public category.

Meeting and Scrutinizer Details

The scrutiny of remote e-voting and e-voting at the AGM was conducted by Sandip Sheth & Associates, Practicing Company Secretaries, appointed by the Board of Directors on 23rd February 2026. The scrutinizer's report was issued to the company on 8th May 2026. The remote e-voting period was open from Monday, 4th May 2026 at 9:00 hours (IST) to Wednesday, 6th May 2026 at 17:00 hours (IST). MUFG Intime India Private Limited served as the authorized e-voting agency.

Key meeting and scrutinizer details are summarised below:

Share Capital and Eligible Votes

For the purpose of calculating eligible votes, the following parameters were considered by the scrutinizer:

Voting Results: Resolutions Passed

Six of the eight resolutions tabled at the AGM were passed by the requisite majority. The following table summarises the outcome of each passed resolution:

For Resolutions 1, 2, and 6, the promoter and promoter group cast 14,83,777 votes in favour via e-voting, representing 100% of their polled votes. Public non-institutional shareholders contributed 35,092 votes in favour for these resolutions, with only 1 vote against in each case.

Resolutions Not Carried: IPR Acquisition and Related Party Transactions

Two resolutions — both involving transactions with SPGPrints B.V., the holding company — were not passed. Notably, the promoter and promoter group did not cast any votes on these two resolutions, as they were identified as interested parties.

For Resolution 7, total votes polled stood at 74,720, representing 3.5785% of outstanding shares. For Resolution 8, total votes polled were 35,093, representing 1.6807% of outstanding shares. In both cases, public non-institutional shareholders voted predominantly against the resolutions, resulting in the proposals failing to secure the requisite majority.

Dividend Declaration

Resolution 2, approving the declaration of a final dividend of Rs. 12 per equity share of face value Rs. 10 each for the financial year ended 31st December 2025, was passed with an overwhelming majority. A total of 15,18,869 votes were cast in favour, with only 1 vote against, reflecting strong shareholder support for the dividend payout.

Summary

Stovec Industries' 52nd AGM concluded with six of eight resolutions receiving shareholder approval. Key approvals included the adoption of audited financial statements, declaration of a dividend of Rs. 12 per equity share, re-appointment and new appointment of directors, commission to independent directors, and ratification of the cost auditor's remuneration. The two resolutions relating to transactions with holding company SPGPrints B.V. — namely the IPR acquisition and material related party transactions — were rejected by public shareholders, with the promoter group abstaining from voting on both items as interested parties.

Stovec industries Limited has announced a board meeting to review and approve its quarterly financial performance for the fourth quarter of fiscal year 2026. The company filed the meeting intimation on April 30, 2026, in compliance with regulatory requirements.

Board Meeting Details

The board of directors meeting is scheduled for Thursday, May 7, 2026, with the primary agenda being the consideration and approval of unaudited financial results. The meeting will focus on the company's performance for the quarter and period ended March 31, 2026.

Trading Window Restrictions

In accordance with the company's insider trading policies, Stovec Industries has implemented trading window restrictions for specified persons. The trading window closure was initially intimated on March 27, 2026, and will continue until 48 hours after the declaration of results.

The trading restrictions will remain in effect until May 9, 2026, covering the period from the initial closure through 48 hours post-result declaration. This measure aligns with the Company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders and Code of Conduct for Fair Disclosure.

Regulatory Compliance

The meeting intimation was filed pursuant to Regulation 29 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Company Secretary and Compliance Officer Sanjeev Singh Sengar digitally signed the intimation document on April 30, 2026.

The company maintains its registered office and factory at N.I.D.C., Near Lambha Village, Post Narol, Ahmedabad - 382 405, and operates under CIN L45200GJ1973PLC050790. The announcement serves to keep stakeholders informed about the upcoming financial disclosure and associated trading restrictions.