Swastika Investmart Limited approved a final dividend of ₹0.60 per share for the financial year ended March 31, 2026, at its 34th Annual General Meeting held on June 25, 2026. The meeting, conducted via video conference, saw shareholders pass all four proposed resolutions with overwhelming majority through remote e-voting and e-voting during the AGM. The dividend represents a 30% payout on the face value of ₹2 per equity share.

The Board's proposal to adopt the audited standalone and consolidated financial statements for FY26 received approval with 13,876,884 votes in favour and 25 against. Shareholders also voted on the re-appointment of Mrs. Anita Nyati, who retires by rotation and is eligible for re-appointment, and approved a special resolution to revise the remuneration of Mr. Parth Nyati, Chief Executive Officer and Whole-Time Director. The meeting commenced at 12:30 P.M. IST under the chairmanship of Mr. Sunil Nyati.

Key Resolutions Approved

The company transacted four primary items during the meeting, all passed through remote e-voting and e-voting conducted during the AGM. Ms. Darshika Wankhede, Practicing Company Secretary, served as the Scrutinizer to oversee the voting process.

Meeting Proceedings and Attendance

The meeting saw participation from 56 members via video conferencing, including 6 from the promoter group and 50 from the public. The remote e-voting period was open from June 22 to June 24, 2026, prior to the meeting. Key management personnel, including Mr. Parth Nyati, Mrs. Anita Nyati, and Mr. Mahendra Kumar Sharma, were present. The Statutory Auditors and Secretarial Auditors also attended the proceedings.

The Reports of the Statutory Auditor on the financial statements contained no qualifications or adverse remarks. The observation made by the secretarial auditor was deemed self-explanatory with no adverse effect on the company's functioning.

Swastika Investmart Limited is set to transfer unclaimed dividends and eligible equity shares to the Investor Education and Protection Fund (IEPF) Authority, following the publication of a newspaper advertisement on June 10, 2026. The transfer will affect shareholders who have not claimed dividend amounts payable to them for seven consecutive years, commencing from the financial year 2018-19. This move is in accordance with Rule 6(3)(a) of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.

The company has dispatched individual communications to the concerned shareholders at their registered addresses on June 8, 2026. Additionally, complete details of the shareholders, including names, DP ID, Client ID, Folio No., and the number of shares due for transfer, have been uploaded to the company's website under the "Investor Relations" section. The company's Registrar and Share Transfer Agent (RTA), Ankit Consultancy Private Limited, is also involved in this process.

Shareholders holding shares in physical or dematerialized form are advised to verify their details. If the company or the RTA does not receive any communication from the concerned shareholders by September 10, 2026, regarding the claim for unclaimed dividends for the year 2018-19 and onwards, the necessary steps will be initiated to transfer the unpaid amounts and the resultant shares to the Demat account of the IEPF Authority without further notice.

Once the shares are transferred, no claim will lie against the company regarding the unclaimed dividend amounts and the corresponding shares. Furthermore, all future benefits, including dividends arising from such transferred shares, will be credited to the Demat account of the IEPF Authority. Shareholders can, however, reclaim both the dividend and the shares, along with any accrued benefits, by submitting an online application in the prescribed e-form IEPF-5 after obtaining an Entitlement letter from the company or the RTA.

Key Details for Shareholders