Announced Wed, 23 Sept, 2026 · 16:13 IST

77th AGM held; final dividend of Rs 2 per share approved

Board & Shareholder Meetings View source PDFExplain this filing

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On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.8 pts less than its Fertilizers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

The Phosphate Company held its 77th AGM on September 23, 2026 via video conferencing, chaired by Director Binod Khaitan. Five resolutions were passed by majority, including: adoption of FY26 audited financial statements, declaration of a 20% final dividend (Rs 2 per equity share of Rs 10 face value), re-appointment of Ajay Bangur as Director retiring by rotation, continuation of Gautam Bhattacharya as Independent Director via special resolution, and ratification of Cost Auditors remuneration for FY27. Sixteen shareholders spoke at the meeting.

Likely market impact

Shareholders to receive Rs 2 per share as final dividend; board composition largely unchanged with re-appointments confirmed.