Announced Fri, 5 Jun · 15:32 IST

Notice of the 44th Annual General Meeting along with Annual Report for the FY 2025-26

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The 44th Annual General Meeting of Panasonic Carbon India will be held on Monday, June 29, 2026, at 3:00 PM through video conferencing. Key items on the agenda include adoption of audited financial statements for FY ended March 31, 2026, declaration of dividend, and re-appointment of Mr. Hidefumi Fujii (retiring by rotation). The notice seeks shareholder approval to re-appoint Mr. R Senthil Kumar as Managing Director for one year (April 1, 2026 to March 31, 2027) with salary, HRA and a one-time bonus aggregating to Rs 1.29 crore per annum plus perquisites. Members will also vote on material related party transactions for sale of carbon rods — up to Rs 10 crore per annum with Panasonic Energy India Co Ltd (PECIN) and up to Rs 24 crore per annum with Panasonic Trading and Logistics Asia Pacific (PTLAP), Singapore — along with appointment of a new Independent Director and S. Murali Krishna & Associates as Secretarial Auditor for five years. The company's registered office is also changing to a new address on Valluvarkottam High Road effective June 15, 2026.

Likely market impact

Routine AGM items like re-appointments and dividend declaration are generally neutral for shareholders, but the related party transactions highlight the company's continued reliance on its Panasonic group entities for carbon rod sales. Investors should note the e-voting window of June 26-28, 2026, with June 22, 2026 as the record date for dividend eligibility.