Dalmia Bharat Limited has announced its 13th Annual General Meeting, scheduled for June 30, 2026. The Board has recommended the re-appointment of Walker Chandiok & Co LLP as Statutory Auditors for a second five-year term. Furthermore, the company is seeking shareholder approval to raise up to ₹4,000 crore through the issuance of various securities to support future growth and operational expansion. The company has also finalized June 23, 2026, as the record date for its final dividend.
Upcoming 13th Annual General Meeting
Dalmia Bharat Limited will conduct its 13th Annual General Meeting on June 30, 2026, at 11:30 A.M. The meeting will be held via Video Conferencing (VC) and Other Audio-Visual Means (OAVM). Shareholders who wish to vote on the company’s proposals should note that the cut-off date for eligibility is June 23, 2026, with remote e-voting taking place between June 26 and June 29, 2026.
Auditor Re-appointment
Following a recommendation by the Audit Committee, the Board has proposed the re-appointment of M/s Walker Chandiok & Co LLP as the Statutory Auditors. If approved by members, the firm will serve a second term of five consecutive years, concluding at the 18th Annual General Meeting in 2031.
Capital Raising Strategy
To support its long-term strategic objectives, the company is seeking enabling approval from its shareholders to raise funds up to ₹4,000 crore. This capital may be generated through various instruments, including equity shares, preference shares, bonds, debentures, or non-convertible debt instruments. The issuance may be structured through private placement, preferential issue, public issue, or qualified institutional placement, providing the company with the flexibility to optimize its capital structure as required.
Dividend Update
The company has reaffirmed the payment of a final dividend for the fiscal year 2025-26. Shareholders will receive ₹5 per equity share, representing a 250% dividend payout. The record date to determine the entitlement of members to this dividend is set for June 23, 2026.
Source: BSE
