Britannia Industries Limited convened its 107th Annual General Meeting (AGM) on August 7, 2026, via Video Conferencing. Key agenda items included the adoption of audited financial statements and the declaration of a final dividend for the financial year ended March 31, 2026. The meeting also saw the re-appointment of Mr. Ness N. Wadia and the ratification of remuneration for Cost Auditors.
Britannia Industries Conducts 107th Annual General Meeting
Britannia Industries Limited successfully held its 107th Annual General Meeting (AGM) on Friday, August 7, 2026. The meeting commenced at 3:30 P.M. IST and concluded at 6:00 P.M. IST, conducted through Video Conferencing and Other Audio Visual Means. The proceedings were in accordance with the Companies Act, 2013, and SEBI Listing Regulations, 2015.
Key Resolutions and Decisions
During the AGM, shareholders addressed several critical business items. The ordinary business included the adoption of the Audited Financial Statements and the Reports of the Board of Directors and Auditors for the financial year ended March 31, 2026. Furthermore, a Declaration of Final Dividend for the same financial year was made. In terms of director appointments, Mr. Ness N. Wadia (DIN: 00036049) was re-appointed as a Non-Executive Non-Independent Director, liable to retire by rotation.
Under special business, the Ratification of Remuneration of the Cost Auditors for the financial year ending March 31, 2027, was also undertaken.
E-Voting and Participation
The company facilitated Remote E-voting from Tuesday, August 4, 2026, to Thursday, August 6, 2026, through NSDL. An additional E-voting facility was available during the AGM for attendees who had not cast their votes remotely. A total of 123 Members, representing 12,17,94,692 Equity Shares, were present at the meeting. The Scrutinizer’s Report confirmed that all resolutions were passed with the requisite majority.
Management and Auditors Present
The meeting was presided over by Chairman Mr. Nusli N. Wadia. Directors and Key Managerial Personnel, including Mr. Rakshit Hargave (CEO and Managing Director) and Ms. Sona Rajora (Company Secretary & Compliance Officer), were present. Representatives of the Statutory Auditors, Secretarial Auditors, Cost Auditors, and the Scrutinizer, Mr. Mitesh Dhabliwala, also attended the AGM.
Source: BSE
