Ventura Guaranty Limited shareholders approved a final dividend of ₹45 per equity share for FY26, alongside other key resolutions, at the company's 42nd Annual General Meeting held on September 30, 2026. The voting results and scrutinizer's report have been formally submitted to stock exchanges.

The meeting took place at I-Think Techno Campus in Thane, Maharashtra, with Manish Patel serving as chairman. The requisite quorum was present to conduct the proceedings. According to the scrutinizer's report, all resolutions were passed by the members with the requisite majority.

Key resolutions passed

Shareholders voted on several ordinary business items during the session, including the adoption of audited standalone and consolidated financial statements for FY26. The declaration of a final dividend of ₹45 (45%) per equity share with a face value of ₹10 each was also approved. Additionally, Hemant Majethia was reappointed as a director retiring by rotation.

Voting participation details

The scrutinizer's report detailed the voting patterns across different shareholder categories. A total of 89 shareholders were on record, with 7 shareholders present in person or through proxy. No shareholders attended through video conferencing.

Voting was conducted via remote e-voting from September 27 to September 29, 2026. No votes were cast through ballot papers at the meeting venue. The e-voting facility was provided by Bigshare Services Private Limited.

Governance and audit updates

The Board reported no qualifications or adverse comments in the Statutory Auditors' Report or the Secretarial Audit Report for FY26. These reports were taken as read with member consent. Roy Jacob & Co. acted as the scrutinizer for the voting process, confirming that the results were unblocked in the presence of witnesses.

Directors and key managerial personnel present included Sajid Siraj Malik, Manish Patel, Sitaram Ramakrishnan, and Shilpa Majethia. The disclosures are available on the company website, and voting results have been communicated to stock exchanges within prescribed timelines.

Ventura Guaranty has fixed September 11, 2026, as the record date for its final dividend of ₹4.50 per equity share for FY26. The Board recommended the payout at its meeting on May 26, 2026, subject to shareholder approval at the upcoming Annual General Meeting.

The company will hold its 42nd AGM on September 30, 2026, at 11:00 am at the I-Think Techno Campus in Thane. Shareholders on record on September 11 are eligible for the dividend, which represents a 45% return on the face value of ₹10 per share. Payment will be made on or after September 30, subject to tax deduction at source (TDS).

Key Meeting Details

Tax Deduction at Source

The company issued a communication regarding TDS on the final dividend, governed by the Income-tax Act, 2025, and Income-tax Rules, 2026. For resident individual shareholders with valid PAN, TDS is generally deducted at 10%. No TDS is required if the aggregate dividend does not exceed ₹10,000 or if Form No. 121 is furnished under section 393(6).

Non-resident shareholders are subject to TDS at 20% plus applicable surcharge and cess, unless they claim benefits under a Double Taxation Avoidance Agreement (DTAA) by submitting Form No. 41 and a valid Tax Residency Certificate. Documents for TDS determination must be submitted to the RTA by September 30, 2026, at 5:00 pm.

Board Reappointment

The agenda includes the reappointment of Mr. Hemant Majethia as a director liable to retire by rotation. Majethia, who serves as Whole-time Director, brings over three decades of experience in capital market intermediation. He holds 6,48,795 equity shares in the company.

Voting Process

Remote e-voting will be available from 9:00 am on September 27, 2026, until 5:00 pm on September 29, 2026. Shareholders can cast votes through their demat accounts or via the Bigshare Services platform. The scrutinizer for the voting process is Mr. Roy Jacob of M/s. Jacob & Co.

Physical attendance is also permitted. Members attending in person can vote electronically if they have not already cast remote votes. The annual report and financial statements for the year ended March 31, 2026, will be available for adoption during the meeting.

Annual Report Access

The company has dispatched the Annual Report for FY25-26 via email to shareholders with registered email addresses. For those without registered emails, physical copies are being sent by post. All shareholders can access the report online at the company’s website or via the provided web link.

KYC Compliance Reminder

SEBI mandates that shareholders holding physical shares must furnish PAN and complete KYC details, including postal address, mobile number, bank account, and email address. Ventura Guaranty urges investors to update their details through their Depository Participant or Registrar and Transfer Agent, Bigshare Services Private Limited. Service requests will only be processed once folios are KYC compliant.