Ceejay Finance has scheduled its 33rd Annual General Meeting for September 26, 2026, where shareholders will vote on a final dividend of Rs 1.50 per share. The company also announced the reappointment of Deepak Patel as Managing Director for a five-year term and sought approval for related party transactions involving its group entities.
Ceejay Finance Announces Dividend and Leadership Reappointment
Dividend: Rs 1.50 per share | AGM Date: September 26, 2026
Reader Takeaway: Dividend payout rewards shareholders, while MD reappointment ensures leadership continuity for the next five years.
What just happened
Ceejay Finance has officially announced the details for its 33rd Annual General Meeting (AGM) to be held on September 26, 2026, via video conferencing. The company board has recommended a final dividend of Rs 1.50 per equity share (face value Rs 10) for the financial year ending March 31, 2026. The record date to determine eligibility for this dividend is September 11, 2026, with payouts expected by October 24, 2026.
Management Leadership
The board has confirmed the reappointment of Mr. Deepak Patel as Managing Director. His new five-year term begins on September 01, 2026. His remuneration structure includes a monthly salary of Rs 2.50 lakh, alongside an annual increment of Rs 10,000 and capped annual perquisites of Rs 3 lakh.
Related Party Transactions
The company is seeking shareholder approval for annual transaction limits with its related parties. Key proposals include up to Rs 50 crore for Ceejay Microfin Limited and up to Rs 150 crore for Ceejay Tobacco Limited, both covering loans, inter-corporate deposits, and service arrangements. Additionally, Rs 50 lakh is allocated for CSR activities through the Chhotabhai Jethabhai Patel Charitable Trust.
E-Voting Schedule
Shareholders can participate in the AGM through remote e-voting. The voting window opens on September 22, 2026, at 09:00 AM and concludes on September 25, 2026, at 05:00 PM.