Orient Electric Limited's Board of Directors has approved an interim dividend of ₹0.75 per equity share for the financial year 2025-26, marking a significant development for shareholders. However, the company has emphasized strict compliance requirements for physical shareholders to receive their dividend payments.

Board Approval and Dividend Details

The Board of Directors approved the interim dividend during their meeting held on January 22, 2026. The dividend represents 75% of the face value of ₹1.00 per equity share, with the payment scheduled for February 5, 2026.

SEBI KYC Compliance Requirements

Pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/MIRSDPoD/P/CIR/2025/91 dated June 23, 2025, and SEBI Master Circular No. HO/38/13/(4)2026-MIRSD POD/I/4298/2026 dated February 6, 2026, security holders holding securities in physical mode must furnish their PAN, KYC details, and nominations. These shareholders are eligible for dividend payments only through electronic mode with effect from April 01, 2024.

The company has identified physical shareholders whose KYC details are not updated and has sent communications requesting immediate compliance. For non-compliant shareholders, dividend payments will be withheld until KYC details are properly updated.

Required Documentation for KYC Update

Physical shareholders must submit the following documents to update their KYC details:

• Form ISR-1: Duly filled along with self-attested copies of PAN card and Aadhar
• Form ISR-2: Completed with banker attestation of signature and original cancelled cheque or bank passbook copy
• Form SH-13: For nomination updates with self-attested copies of nominee's PAN card
• Form ISR-3: For opting out of nomination
• Form SH-14: For cancellation or variation of nomination

Submission Process and Contact Details

Shareholders can submit required documents to the company's Registrar and Share Transfer Agent, M/s. KFin Technologies Limited, through registered post, courier, or electronic mode. Electronic submissions must be sent from the registered email address and digitally signed by the shareholder.

Special Transfer Window

As per SEBI Circular dated January 30, 2026, a special window will operate from February 5, 2026, to February 4, 2027, facilitating transfer and dematerialization of physical securities sold or purchased prior to April 01, 2019. Securities transferred through this window will be credited in demat mode and subject to a one-year lock-in period.

Orient Electric has successfully concluded its postal ballot process, with shareholders approving two key resolutions related to long-term incentive plans for senior executives. The company announced the results on February 23, 2026, following the completion of the remote e-voting process.

Postal Ballot Process Details

The postal ballot notice was dispatched on January 23, 2026, to shareholders whose names appeared on the register as of the record date of January 16, 2026. The remote e-voting period commenced at 9:00 AM IST on Saturday, January 24, 2026, and concluded at 5:00 PM IST on Sunday, February 22, 2026.

Resolution 1: MD & CEO Incentive Plan

The first ordinary resolution sought approval for granting long-term incentives to Mr. Ravindra Singh Negi, Managing Director and Chief Executive Officer (DIN: 10627944). This resolution received strong support across all shareholder categories.

Resolution 2: President-Strategy Incentive Program

The second ordinary resolution approved the long-term incentives program for Ms. Avani Birla, President-Strategy of the company. This resolution also garnered substantial shareholder approval, though with slightly lower support from institutional investors.

Scrutinizer's Report and Compliance

CS Atul Kumar Labh of M/s. Labh & Labh Associates served as the scrutinizer for the postal ballot process. The scrutinizer was appointed by the board on January 22, 2026, and submitted the final report on February 23, 2026. The process was conducted in accordance with MCA circulars and Companies Act, 2013 requirements.

The voting results were officially communicated to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 44(3) read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The e-voting was conducted through KFin Technologies Limited's platform, ensuring transparency and efficiency in the ballot procedure.

Both resolutions were declared passed with the requisite majority, reflecting strong shareholder confidence in the company's executive compensation strategy. The comprehensive documentation and scrutinizer's report demonstrate the company's commitment to transparent corporate governance practices.