Subros Limited shareholders approved material related-party transactions with Global Autotech Limited and Maruti Suzuki India Limited at the company’s 41st Annual General Meeting held on September 18, 2026.

The meeting, conducted via video conferencing and other audio-visual means, also saw the adoption of the audited financial statements for the fiscal year ended March 31, 2026. The Board declared a dividend on equity shares for FY26, though specific payout details were not disclosed in the proceedings summary.

Key Resolutions Passed

The following ordinary and special resolutions were approved by the members:

• Adoption of standalone and consolidated audited financial statements for FY26 along with Board and Auditor reports.
• Declaration of dividend on equity shares for the year ended March 31, 2026.
• Re-appointment of Dr. Jyotsna Suri as a Director, retiring by rotation.
• Ratification of remuneration for Cost Auditors.
• Approval of material related-party transactions with Global Autotech Limited.
• Approval of material related-party transactions with Maruti Suzuki India Limited.
• Continuation of Dr. Jyotsna Suri’s directorship as a Non-Executive Director upon attaining the age of 75 years (Special Resolution).
• Appointment of Mr. Akihiro Deguchi as Nominee Director.

Meeting Proceedings

Ms. Shradha Suri, Chairperson & Managing Director, welcomed members and provided a statement on the industry scenario, business outlook, and financial performance. The statutory, secretarial, and cost auditors’ reports contained no qualifications or adverse remarks.

All directors attended except Mr. Akihiro Deguchi and Mr. Tsunenobu Hori, representatives of DENSO Corporation, Japan, who were absent due to prior commitments. The Company Secretary facilitated e-voting, which remained open for 15 minutes during the meeting. The AGM concluded at 12:27 pm IST.

Subros Limited has scheduled its 41st Annual General Meeting for September 18, 2026. The gathering will address the financial performance and dividend declaration for FY25-26.

The company confirmed the date in a filing with the National Stock Exchange and BSE on August 25, 2026. The notice states the meeting will be held through Video Conferencing or Other Audio Visual Means (VC/OAVM) at 11:30 am. This format complies with Ministry of Corporate Affairs circulars and SEBI listing regulations.

Meeting Logistics

Shareholders can participate remotely without physical presence. The company will consider members attending via VC/OAVM toward the quorum requirement under Section 103 of the Companies Act, 2013.

The register of members and share transfer books will remain closed from September 12, 2026, to September 18, 2026. This closure determines eligibility for voting and dividend rights.

E-Voting Process

Eligible shareholders may cast votes electronically via the NSDL platform. Remote e-voting begins on September 19, 2026, at 9:00 am and ends on September 21, 2026, at 5:00 pm.

Voting during the AGM itself will occur on September 22, 2026, at 11:00 am. Shareholders who vote remotely cannot vote again during the live session. Once cast, votes cannot be changed.

Shareholder Updates

The company extended a special window for re-lodging transfer deeds of physical shares. This facility runs from February 5, 2026, to February 4, 2027. It applies to shareholders who missed the previous January 6, 2026, deadline.

Transfers registered under this scheme carry a one-year lock-in period from the date of registration. Shareholders must submit necessary documents to the registrar or company office.