AGM Results: All 5 Resolutions Passed Including Dividend Declaration
BHANDARI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
33rd AGM held on 15 Sep 2026. All 5 resolutions passed: adoption of FY26 audited financials, declaration of dividend on equity shares, reappointment of Mr. Vikas Nayar as director, reappointment of Mr. Nitin Bhandari as Chairman and Managing Director for 5 years from 22 Nov 2026, and approval to increase his remuneration. Polling reached 44.04 percent of total shares. Resolutions 1 to 4 passed with near 100 percent in favour. Resolution 5 (CMD pay hike) secured 99.91 percent in favour with 1.31 lakh votes against, mainly from public non-institutional investors via e-voting.
Dividend approved for FY26. CMD Nitin Bhandari reappointed for 5 years with raised pay. Minor public dissent on remuneration hike.