Announced Thu, 9 Jul · 13:38 IST
Axtel Industries 34th AGM on 31 July 2026 via video conferencing
Board & Shareholder Meetings View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+6.9%1-day move
₹414.15
prior close
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AI summary
Axtel Industries 34th AGM on 31 July 2026, 11 am via video conferencing. Business: adopt FY26 accounts, re-appoint Mr Ameet Nalin Parikh, confirm Rs 12 per share (120 percent) interim dividend as final. Special items seek re-appointment of Mr Ajay Naishad Desai as Whole-time Director for 5 years from March 2027 and continuation of Mr Ajay Nalin Parikh as Whole-time Director till July 2028. Both get higher pay cap of Rs 360 lakhs yearly. Cost auditor fee of Rs 70,000 needs nod.
Likely market impact
Routine AGM items plus higher pay for two whole-time directors. Shareholders confirm Rs 12 per share dividend. E-voting ends 30 July 2026.