VST Tillers Tractors has recommended a final dividend of ₹25 per equity share of face value ₹10 each for the financial year ending March 31, 2026. The payout requires approval by shareholders at the upcoming annual general meeting.

The company will hold its 58th Annual General Meeting on Wednesday, September 23, 2026. The session will commence at 11:00 am and be conducted through video conferencing or other audio-visual means. Shareholders holding shares as of the record date will be eligible to receive the dividend if declared.

Meeting Logistics

The record date for dividend entitlement and the cut-off date for e-voting is Wednesday, September 16, 2026. Only members whose names appear in the register of members or depository records as at the close of business on this date will qualify for the payout.

Remote e-voting will be available from 9:00 am on Saturday, September 19, 2026, until 5:00 pm on Tuesday, September 22, 2026. This window allows shareholders to cast their votes before the physical meeting date.

Dividend Details

The Board of Directors proposed the ₹25 dividend during its recent meeting. The payment will be made on or after September 23, 2026, subject to member approval. The dividend applies to all equity shares with a face value of ₹10 each.

Chinmaya Khatua, Company Secretary and Compliance Officer, signed the communication addressed to the National Stock Exchange of India Limited and BSE Limited. The notice includes the annual report for FY26 along with the AGM agenda.

VST Tillers Tractors has filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with the National Stock Exchange of India Ltd and BSE Ltd. The disclosure, dated September 1, 2026, outlines the company’s environmental, social, and governance performance alongside operational metrics.

The report confirms that power tillers and small farm machinery account for 67% of total turnover, while tractors contribute 33%. Exports represent 7% of total turnover, with operations spanning 28 Indian states and 40 countries.

Operational and Workforce Metrics

VST Tillers Tractors operates three plants and 23 offices across India. As of March 31, 2026, the company employed 619 permanent employees and 883 permanent workers. Female representation stands at 4.20% among employees and 3.06% among workers.

What the Numbers Show

Sales concentration remains high, with 90.52% of total sales directed to dealers and distributors in FY26, up from 87.99% in FY25. This indicates a deepening reliance on the dealer network for revenue realization. Additionally, customer complaints rose to 4,718 from 4,119 in the prior year, though all were resolved within the period, suggesting robust after-sales service capacity despite higher volume.

Environmental and Governance Disclosures

The company reported total energy consumption of 44,983.69 GJ, with renewable sources contributing 4,463.06 GJ. Scope 1 and Scope 2 greenhouse gas emissions totaled 2,536.99 and 1,775.54 metric tonnes of CO2 equivalent, respectively. Water withdrawal increased to 45,262.00 kilolitres, primarily from groundwater (35,416.00 KL).

Governance structures include Board oversight for sustainability policies. The company recorded zero fines or penalties related to regulatory violations. Anti-corruption policies are in place, with no disciplinary actions taken against directors or key managerial personnel for bribery or corruption.