Allied Blenders and Distillers Limited announced its 18th Annual General Meeting (AGM) for July 6, 2026. The notice includes the adoption of audited standalone and consolidated financial statements for FY 2025-26, declaration of a final dividend of `5.40 per equity share, and re-appointments for directors. The company also proposes special business, including the appointment of Mr. Amar Sinha as Managing Director and raising funds up to `1,000 Crores.
18th Annual General Meeting (AGM) Details
The 18th Annual General Meeting (AGM) for Allied Blenders and Distillers Limited will be held on Monday, July 6, 2026, at 3:00 P.M. (IST). The proceedings will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM) facility. The deemed venue for the AGM is the Corporate Office of the Company at Ashford Centre, 4th Floor, Lower Parel, Mumbai – 400 013.
Ordinary Business
The AGM will cover the consideration and adoption of the Audited Standalone Financial Statements for the Financial Year ended March 31, 2026, along with the Reports of the Board of Directors and the Auditors. Similarly, the Audited Consolidated Financial Statements for the same period will be considered for adoption.
A key agenda item is the declaration of dividend on Equity Shares for the Financial Year ended March 31, 2026. The Board has recommended a dividend of `5.40 per Equity Share (270%) on 27,97,10,151 Equity Shares, amounting to approximately `151.04 Crores.
Furthermore, the AGM will address the re-appointment of Mr. Kishore Rajaram Chhabria and Mrs. Bina Kishore Chhabria, who are retiring by rotation and eligible for re-appointment.
Special Business
Under special business, the appointment of Mr. Amar Sinha as a Director and the Managing Director of the Company from June 1, 2026, to May 31, 2029, will be proposed for approval. The rationale behind this appointment highlights the expectation of strengthening the Company’s strategic and operational capabilities, leveraging his expertise in premiumisation, brand-led growth, and business transformation, and contributing to long-term value creation.
Additionally, the AGM will seek approval for increasing the Company’s borrowing limits under Section 180(1)(c) of the Companies Act, 2013, up to `1,600 Crores. This is proposed to ensure adequate financial flexibility for growth initiatives and operational needs. Concurrently, approval will be sought for the creation of mortgages or charges on the Company’s assets under Section 180(1)(a) of the Act, to secure these proposed borrowings.
The notice also provides detailed instructions for remote e-voting and joining the AGM through VC/OAVM, including user ID retrieval and password management, and guidelines for casting votes. Shareholders are encouraged to update their bank details for electronic dividend credit and to submit any questions or queries prior to the AGM via email by Thursday, July 2, 2026.
Source: BSE
