Announced Wed, 22 Jul · 22:02 IST
42nd AGM results: 5 resolutions passed, Rs 23.50 final dividend declared
Board & Shareholder Meetings View source PDF
SMLMAH · price
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AI summary
SML Mahindra held its 42nd AGM on 21 July 2026 via video conferencing. All 5 resolutions passed with requisite majority: adoption of FY26 audited financial statements, final dividend of Rs 23.50 per share (face value Rs 10), re-appointment of Ms. Mahima Chugh as Director, material related party transactions with Mahindra and Mahindra (promoter and holding company), and commission payment to Independent Directors. About 72 percent of total shares participated in voting.
Likely market impact
Shareholders approved a Rs 23.50 dividend per share and all management proposals. Continued related party deals with Mahindra confirmed.