Triton Valves declared a dividend of ₹2.50 per equity share for FY26 during its 50th Annual General Meeting held on September 25, 2026. The payout represents a 25% return on the face value of ₹10 per share.

The meeting was conducted via Video Conferencing and Other Audio-Visual Means (VC/OAVM) in compliance with Ministry of Corporate Affairs and SEBI circulars. Chairman Aditya Maruti Gokarn welcomed members, noting that all directors and key auditors participated virtually. The requisite quorum was present, allowing the transaction of business as outlined in the notice dated August 13, 2026.

Key resolutions approved

Shareholders adopted the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The following ordinary and special business items were transacted:

• Adoption of financial statements for FY26.
• Declaration of dividend aggregating to ₹1,28,05,270.
• Re-appointment of Aditya Maruti Gokarn as director retiring by rotation.
• Ratification of remuneration for cost auditors Vishwanath Bhat & Associates for FY27.
• Re-appointment of Koothanda Bheemaiah Appaiah as Whole-time Director for five years.
• Creation of mortgage or charge on company properties under Section 180(1)(a) of the Companies Act, 2013.
• Approval of material related party transactions with a subsidiary.
• Revision in managerial remuneration payable to Koothanda Bheemaiah Appaiah.

Voting and compliance details

The Company Secretary, Bibhuti Bhusan Mishra, informed members that remote e-voting facilities were provided through NSDL. Since the meeting was virtual, proxy appointments were not permitted. The Board appointed Parameshwar Ganapati Bhat as Scrutinizer to supervise the voting process.

The Secretarial Audit Report noted modified qualifications, which were acknowledged by the Chairman. The consolidated voting results, along with the Scrutinizer’s Report, are scheduled to be published on or before September 29, 2026, on the company website and BSE portal.

Triton Valves Limited has scheduled its 50th Annual General Meeting for Friday, September 25, 2026, at 4:00 pm (IST) via Video Conferencing/Other Audio Visual Means, with a proposed final dividend of ₹2.50 per equity share for FY26.

AGM Overview

The meeting will be conducted in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI. Members whose names appear in the Register of Members or as beneficial owners as on the record date of September 18, 2026 will be eligible for the dividend. The Register of Members and Share Transfer Books will remain closed from September 19, 2026 to September 25, 2026 (both days inclusive).

Key Financial Performance

The company delivered strong growth in FY26. The following table summarises the key financial highlights:

Standalone revenue grew 13.9% YoY while consolidated revenue rose 18.4% YoY. Consolidated PAT improved from ₹511.90 lakhs to ₹971.46 lakhs. The debt-equity ratio improved to 1.03 from 1.21, and return on capital employed increased to 11.1% from 8.5%.

Agenda Items

The AGM will transact the following ordinary and special business:

Ordinary Business:

• Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026
• Declaration of final dividend of ₹2.50/- (25%) per equity share of face value ₹10/- each, aggregating to ₹1,28,05,270/-
• Re-appointment of Mr. Aditya Maruti Gokarn (DIN: 00185458) as Director, retiring by rotation

Special Business:

• Ratification of remuneration of ₹1.50 Lakhs per annum to Messrs. Vishwanath Bhat & Associates as Cost Auditors for FY27
• Re-appointment of Mr. Koothanda Bheemaiah Appaiah (DIN: 10053407) as Whole-time Director for five years from March 06, 2027 to March 05, 2032, with remuneration within ₹250 Lakhs per annum
• Revision in managerial remuneration of Mr. Koothanda Bheemaiah Appaiah to not exceed ₹150 lakhs per annum with effect from April 01, 2026 for the remainder of his current term up to March 05, 2027
• Creation of mortgage/charge on properties under Section 180(1)(a) of the Companies Act, 2013, with total borrowings not to exceed ₹300 Crores
• Approval of material related party transactions with wholly-owned subsidiary Tritonvalves Future Tech Private Limited up to ₹421 Crores

Related Party Transactions with Subsidiary

The company has sought member approval for transactions with Tritonvalves Future Tech Private Limited, a 100% wholly-owned subsidiary. These transactions represent 86.00% of the company's annual consolidated turnover for the immediately preceding financial year. The proposed transactions for FY27 include:

Dividend and Share Capital

The board has recommended a final dividend of ₹2.50/- per equity share (25% on face value of ₹10/-), aggregating to ₹1,28,05,270/- for FY26. The dividend will be paid to shareholders on record as of September 18, 2026. The paid-up share capital of the company stands at ₹1,28,05,270 as at March 31, 2026, comprising 12,80,527 equity shares of ₹10/- each.

During the year, the company also issued 38,41,581 fully paid-up bonus equity shares in the ratio of 3:1 (three bonus shares for every one existing share held), which received trading and listing approval from the stock exchanges on April 6, 2026.

Credit Rating

For the consolidated loan of ₹115 Crores, CRISIL assigned the following ratings:

E-Voting and Meeting Participation

Remote e-voting will be open from Tuesday, September 22, 2026 at 9:00 am (IST) to Thursday, September 24, 2026 at 5:00 pm (IST). The cut-off date for determining voting eligibility is Friday, September 18, 2026. NSDL has been appointed as the authorised agency for electronic voting. Mr. Parameshwar G. Bhat (CP No. 11004; Membership No. FCS: 8860) has been appointed as Scrutinizer for the e-voting process.

The AGM notice and Annual Report for FY26 are available on the company's website at www.tritonvalves.com and on the BSE Limited website at www.bseindia.com .