42nd AGM results: 9 resolutions passed including Rs. 1 dividend
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Shri Jagdamba Polymers held its 42nd AGM on September 24, 2026. All 9 resolutions passed. Key items: adoption of FY26 audited standalone and consolidated financials, final dividend of Rs. 1 per share (99.48 percent in favour), appointment of two independent directors (Mr. Aalay Mehta and Mr. Hardik Shah), revision in Whole-Time Director Mr. Kiran Patel remuneration, and approval of material related party transactions with Global Polyweave, Shakti Polyweave, and Harmony Finvest. Promoters held 63.88 lakh shares but did not vote on related party items. 42 shareholders attended; promoter shareholding about 73 percent.
All routine AGM items approved with strong support. Rs. 1 final dividend declared. Related party deals passed despite minor dissent of about 2 percent on a few items.