APCOTEXINDBSEApcotex Industries LtdLowNeutral
Announced Fri, 29 May · 22:52 IST

Notice of 40th Annual General Meeting of the Company to be held on Thursday, 25th June 2026.

Board & Shareholder Meetings View source PDF

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AI summary

Apcotex Industries Limited has scheduled its 40th AGM on 25th June 2026 at 11:00 AM via video conferencing. The meeting will consider adoption of audited financial statements for FY ended March 2026 and declare a final dividend. Key agenda items include re-appointment of Mr. Amit Choksey (rotational), re-appointment of Mr. Ravishankar Sharma as Executive Director for 2 years (salary ₹3.79 lakh/month), continuation of Mr. Atul Choksey's directorship post 75 years of age (special resolution), and approval of ₹135 lakh commission to Chairman Mr. Atul Choksey out of ₹195 lakh total NED commission. Cost auditor remuneration of ₹65,000 to M/s V J Talati & Co. will also be ratified. Record date for dividend is 12th June 2026 and e-voting runs from 22nd to 24th June 2026.

Likely market impact

Shareholders should note the special resolutions on director appointments and commission approval, which may affect governance dynamics and compensation structure. The dividend declaration, if approved, will be credited by 25th July 2026 per Companies Act timelines.