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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Morarka Finance Limited has filed the Notice and Annual Report for its 41st Annual General Meeting (AGM) scheduled for Wednesday, July 15, 2026, at 12:00 noon IST via Video Conferencing (VC/OAVM). Ordinary business items include adoption of audited financial statements for FY ended March 31, 2026, declaration of a dividend on equity shares, and re-appointment of Ms. Priyanka G. Morarka as a director (retiring by rotation). Special business includes appointing Mr. Pranay G. Morarka as Managing Director for 5 years (April 24, 2026 to April 23, 2031) and fixing his remuneration, with provisions for minimum remuneration in case of inadequate profits. Shareholders will also vote on a related-party transaction to provide management consultancy services to Dwarikesh Sugar Industries Limited at ₹3,25,000 per month plus GST, valid until March 31, 2027. The record date for dividend entitlement is July 8, 2026, with e-voting open from July 12-14, 2026 via CDSL.
This is a routine AGM filing, but it signals continued dividend distribution, a key leadership transition (CEO Pranay G. Morarka promoted to MD subject to shareholder nod), and a new recurring revenue stream from a related-party consultancy with Dwarikesh Sugar. Investors should watch the dividend quantum and the outcome of the MD remuneration and related-party resolutions at the AGM.