PG Electroplast Announces 24th Annual General Meeting Details

The company has scheduled its 24th AGM for September 29, 2026, with a final dividend of Rs 0.25 per share proposed.

Shareholders will vote on a Rs 1,000 crore financial support limit for group entities alongside the appointment of new auditors.

Reader Takeaway: Dividend payout and auditor transition highlight the agenda, while a new Rs 1,000 crore capital support limit signals expansion.

What just happened

PG Electroplast will host its 24th Annual General Meeting on September 29, 2026, at 02:30 P.M. through video conferencing. The company has designated September 18, 2026, as the cut-off date to determine member voting eligibility. Key items for approval include the adoption of audited financial statements for FY26 and the declaration of a final dividend of Rs 0.25 per equity share.

Governance and Auditor Changes

The company proposes the appointment of M/s. B S R & Co. LLP as statutory auditors for a five-year tenure, succeeding the current auditors, M/s. S.S. Kothari Mehta & Company. Additionally, shareholders will vote on the re-appointment of Director Anurag Gupta, who retires by rotation and currently holds over 2.46 crore equity shares in the firm.

Financial Support to Group Entities

A critical special business item involves authorizing the company to provide loans, guarantees, or security to group entities and joint ventures, with an aggregate ceiling of Rs 1,000 crore. This includes plans to provide corporate guarantees for Goodworth Electronics Private Limited, a joint venture where PG Electroplast maintains a 50% stake.

What to track next

Eligible investors should monitor the record date of September 18, 2026. If approved, dividend payments are expected to be disbursed on or before October 28, 2026, subject to applicable tax deductions.