18th AGM held July 6 2026: all 10 resolutions passed, dividend and Rs 1000 Cr fundraise approved

ABDL held its 18th AGM on July 6, 2026 via video conferencing. All 10 resolutions were passed. Key items: FY26 standalone and consolidated financial statements adopted, dividend declared, Mr. Kishore Chhabria and Mrs. Bina Chhabria reappointed as directors, Mr. Amar Sinha appointed as Managing Director from June 1, 2026 to May 31, 2029, Rs 1000 Crore fund raising approved via equity or convertible securities including QIP, and borrowing limits raised to Rs 1600 Crores. Voting was nearly unanimous, though about 33 percent of public institutions voted against the reappointment of Mrs. Bina Chhabria and appointment of Mr. Amar Sinha as MD.