The Yamuna Syndicate has confirmed that all four ordinary resolutions were passed at its 72nd Annual General Meeting held on August 24, 2026. The company declared a final dividend of ₹500 per equity share for FY26.

Voting Outcome

The combined voting results showed unanimous support for all resolutions among valid votes. A total of 39 members participated via video conferencing, while 48 members cast votes through the remote e-voting platform prior to the event.

The key resolutions passed included:

• Adoption of the audited standalone financial statements for FY26.
• Adoption of the audited consolidated financial statements for FY26.
• Declaration of the final dividend of ₹500 per share (face value ₹100).
• Reappointment of Mr. Aditya Puri (DIN No. 00052534) as a director liable to retire by rotation.

Detailed Vote Breakdown

For the first three resolutions—adoption of financials and dividend declaration—promoters and the promoter group voted in favor of all their holdings. Public non-institutional shareholders also voted entirely in favor. No votes were recorded against these items.

The fourth resolution, concerning the reappointment of Mr. Aditya Puri, saw promoter votes classified as invalid due to conflict of interest. Consequently, only public non-institutional shareholders' votes were counted as valid. All 32,721 valid votes polled were in favor.

Meeting Details

The AGM was conducted via Video Conferencing or Other Audio Visual Means (OAVM). Mr. Ranjit Puri, Chairman, presided over the proceedings. The Company Secretary confirmed that the requisite quorum was present throughout. Remote e-voting commenced on August 21, 2026, at 9:00 am and concluded on August 23, 2026, at 5:00 pm.

Mr. Pramod Kothari of Pramod Kothari & Co. served as the scrutinizer. His consolidated report, dated August 25, 2026, confirmed that all resolutions were carried by the requisite majority.

Transcript Availability

The company has uploaded the transcript of the 72nd Annual General Meeting on its website. The document provides a detailed record of the proceedings held on August 24, 2026.

The Yamuna Syndicate Limited reported a 29% year-on-year increase in consolidated net profit after tax (PAT) to ₹5.06 crore for the quarter ended June 30, 2026, driven primarily by a higher share of profit from its associate company. The Yamuna Syndicate’s standalone net profit rose 28% to ₹1.03 crore, while revenue from operations expanded 16% to ₹22.52 crore, signaling steady operational growth alongside investment gains.

The Board of Directors approved the unaudited financial results on August 12, 2026, pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory Auditors Moudgil & Company issued limited review reports with unmodified opinions on both standalone and consolidated results. The comparative figures for the previous year have been restated due to reclassification changes at the associate level.

Financial Performance

Consolidated revenue from operations remained flat at ₹22.52 crore compared to the same period last year, as the parent company’s revenue growth was offset by accounting adjustments. However, the bottom line improved significantly due to the associate contribution.

Standalone other income declined slightly to ₹61.60 lakh from ₹65.15 lakh in the prior year. Total expenses stood at ₹21.77 lakh, lower than the ₹18.90 lakh recorded in Q1FY26, aiding margin expansion.

Segment Highlights

The Oil & Lubricants segment remained the largest revenue contributor at ₹8.92 crore, followed by Batteries at ₹5.90 crore. Agriculture Products saw a significant revenue surge to ₹4.93 crore from ₹5.11 lakh in the corresponding period last year, though segment results were slightly lower at ₹24.16 lakh versus ₹27.43 lakh previously.

What the Numbers Show

The divergence between standalone and consolidated performance highlights the company’s reliance on its equity stake in Isgec Heavy Engineering Limited for overall profitability. While standalone operations delivered consistent double-digit growth in both revenue and profit, the consolidated result is disproportionately influenced by the associate’s earnings. The restatement of prior-year figures—where the share in profit was revised down from ₹23.51 crore to ₹3.12 crore due to classification changes—makes the current quarter’s growth appear more robust than it might have against originally reported numbers. Investors should note that the core trading business remains stable, but total returns are heavily leveraged to the associate’s performance.