Divyashakti Limited has issued the notice for its 35th Annual General Meeting (AGM), scheduled for September 28, 2026. The meeting will be conducted via Video Conferencing/Other Audio-Visual Means. Key agenda items include the adoption of financial statements, the declaration of a final dividend of ₹1.00 per equity share, and the re-appointment of a director. The notice also covers approval for material related party transactions for FY 2026-27.
Notice for 35th Annual General Meeting
Divyashakti Limited has formally announced its 35th Annual General Meeting (AGM), which will convene on Monday, September 28, 2026, at 11:00 A.M. IST. The meeting will be conducted entirely through Video Conferencing (VC) and Other Audio-Visual Means (OAVM), with the registered office in Hyderabad serving as the deemed venue.
Key Business Agenda Items
Ordinary Business
- Financial Statement Adoption: Shareholders will consider and adopt the audited financial statements for the fiscal year ended March 31, 2026, along with the reports of the Board of Directors and Statutory Auditors.
- Dividend Declaration: A final dividend of ₹1.00 per equity share (10% of face value ₹10) for the financial year ended March 31, 2026, is proposed for declaration.
- Director Re-appointment: Smt. Anuradha Anne, who retires by rotation, is proposed for re-appointment as a Director.
Special Business
- Related Party Transactions: Approval will be sought for material related party transactions for the financial year 2026-27, specifically with Cosmos Granite (West), Cosmos Granite (South East), and Cosmos Granite (South West), with aggregate proposed maximum values of ₹30.00 crore, ₹45.00 crore, and ₹5.00 crore, respectively. These transactions are within the ordinary course of business and on an arm’s length basis.
E-Voting and Participation
The company is providing a remote e-voting facility from September 24, 2026, 9:00 A.M. to September 27, 2026, 5:00 P.M. Shareholders can participate in the AGM and cast their votes electronically. Detailed instructions for remote e-voting and joining the VC/OAVM are provided in the notice.
Financial Performance Overview
The notice includes key financial highlights indicating performance trends. For the fiscal year 2025-26, the company reported Profit Before Tax (PBT) of ₹139.81 Lakhs and Earnings Per Share (EPS) of ₹1.02. Revenue from operations for FY 2025-26 stood at ₹3475.63 Lakhs. Dividend payments over the years, including a proposed ₹103 Lakhs for 2025-26, are also detailed.
Other Information
Shareholders are advised to update their bank account details and other particulars. Information regarding the transfer of unclaimed amounts to the Investor Education and Protection Fund (IEPF) is also included. The Register of Members and Share Transfer Books will be closed from September 22, 2026, to September 28, 2026, inclusive, for determining dividend eligibility.
Source: BSE
