Shareholders of uflex approved a dividend of ₹3 per equity share for the financial year ended March 31, 2026, during the company’s 37th Annual General Meeting (AGM). The meeting, held on July 29, 2026, via Video Conferencing/Other Audio Visual Means (VC/OAVM), also ratified key governance decisions including director reappointments and amendments to the Memorandum of Association. The dividend will be credited to members on or before August 27, 2026.

The meeting commenced at 12:30 PM IST and concluded at 12:56 PM IST, with 73 members attending. Quorum was present throughout the proceedings. In compliance with regulations issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI), the company facilitated remote e-voting from July 26 to July 28, 2026. Mr. Mahesh Kumar Gupta, a Practicing Company Secretary, was appointed as the Scrutinizer to oversee the electronic voting process.

Key Resolutions Passed

The shareholders transacted seven items of business, comprising three ordinary and four special resolutions. All resolutions were approved by the members present.

Governance and Compliance

Ashok Chaturvedi retires by rotation and was eligible for re-appointment. Paresh Nath Sharma was reappointed as an Independent Director for a second term of five consecutive years, effective from February 11, 2027, to February 10, 2032. The company also sought approval to alter its Memorandum of Association in accordance with the Companies Act, 2013, and to increase investment limits for non-resident Indians and overseas citizens of India.

The Register of Directors and Key Managerial Personnel, Register of Contracts, and the draft Memorandum of Association were made available electronically on the company’s website for member inspection during the AGM. The voting results, along with the Scrutinizer’s Report, have been disseminated to the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE), and are available on the company’s website and the Central Depository Services (India) Limited (CDSL) portal.

What the Numbers Show

The declaration of a ₹3 dividend per share signals continued commitment to shareholder returns following the adoption of FY26 financial statements. The successful passage of all special resolutions, including the alteration of the MOA and increased NRI investment limits, indicates strong shareholder support for the company’s strategic governance adjustments and capital structure flexibility.

Uflex Limited has been granted a patent by the Patent Office, Government of India, for a reclosable flexible package with enhanced barrier protection, strengthening its intellectual property portfolio in the flexible packaging sector. The patent, numbered 595198, was granted on July 13, 2026, and is valid for a term of 20 years commencing from the date of filing of the application, December 10, 2024, in accordance with the Patents Act, 1970.

The invention titled "A RECLOSABLE FLEXIBLE PACAKGE WITH ENHANCED BARRIER PROTECTION" relates to the field of flexible packaging. It specifically addresses the need for a tamper-evident, re-closeable package designed for bulk products. The development aims to provide a secure packaging solution that offers both tamper-evidence and barrier protection for contents until they are opened.

This technology is particularly relevant for sensitive products requiring protection from environmental factors such as moisture and gases. The sectors expected to benefit include food, pharmaceuticals, chemicals, and other industrial goods.

The disclosure was made to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.