Worth Peripherals Limited declared a final dividend of ₹1 per equity share for FY26 during its 30th Annual General Meeting held on September 16, 2026.

The meeting, conducted via video conferencing, also saw the reappointment of Mrs. Amarveer Kaur Chadha as a director by rotation. The Board approved the appointment of M/s. RS Mantri & Associates as the company’s secretarial auditor.

Key Resolutions Passed

The shareholders approved the following ordinary and special business items:

• Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026.
• Declaration of a final dividend of ₹1 per equity share of face value ₹10 each.
• Reappointment of Mrs. Amarveer Kaur Chadha (DIN: 00405962) as a director.
• Appointment of M/s. RS Mantri & Associates as Secretarial Auditor.

Management Participation

Mr. Raminder Singh Chadha, Chairman and Whole-Time Director, chaired the meeting. Mr. Jayvir Chadha, Managing Director, presented the financial highlights for FY25-26. Key management personnel, including CFO Mr. Gauri Shankar Agarwal and Internal Auditor Mr. Shubham Tirole, attended alongside statutory auditors M/s. Maheshwari & Gupta.

Worth Peripherals Limited has extended a co-obligancy guarantee for its joint venture, M/s Yash Packers, to renew a working capital facility. The company secured the renewal of a ₹1 crore cash credit limit with Federal Bank on September 1, 2026.

The transaction was approved by the Board of Directors during a meeting held on September 1, 2026. The session commenced at 4:00 pm and concluded at 4:20 pm. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Facility Details

The renewed working capital facility carries an interest rate of 8.30% per annum. The loan is structured with a 25% margin on stock and book debts. The guarantee period is set for 12 months, aligning with the sanction letter issued by Federal Bank on August 20, 2026.

Transaction Structure

M/s Yash Packers operates as a joint venture partner of Worth Peripherals. The company confirmed that none of the promoters, promoter group members, or directors have any personal interest in this transaction. The arrangement was executed at arm's length.

What the Numbers Show

The guarantee represents a contingent liability for Worth Peripherals rather than an immediate cash outflow. Since the joint venture is part of the consolidated group, the financial exposure remains internal to the group structure. The company stated there is no immediate impact on its standalone financials from this specific guarantee extension.