ALBERTDAVDBSEALBERT DAVID LIMITEDLowNeutral
Announced Mon, 13 Jul · 19:17 IST

Albert David 87th AGM on Aug 6, 2026; dividend of Rs 5 per share proposed

Board & Shareholder Meetings View source PDF

ALBERTDAVD · price

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₹701.80
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AI summary

Albert David has scheduled its 87th AGM on August 6, 2026 at 9:30 AM via video conferencing. Record date is July 30, 2026; e-voting runs August 3 to August 5. Register of members will be closed from July 31 to August 6. Business includes adoption of FY26 accounts, declaration of Rs 5 per share dividend (50 percent), reappointment of Mrs Prabhawati Devi Kothari as director retiring by rotation, ratification of cost auditors remuneration of Rs 70,000, revision in remuneration of Executive Chairman Mr Arun Kumar Kothari, and appointment of Mr Amit Mahla as Whole-time Director and CEO for 5 years from June 19, 2026 to June 18, 2031.

Likely market impact

Routine AGM business. Rs 5 dividend subject to shareholder approval. New CEO Amit Mahla appointment marks key management transition effective June 2026.