Shanthi Gears will hold its 53rd AGM on July 29, 2026. The company proposed a final dividend of Rs 2 per share, bringing the total for FY26 to Rs 5. Key governance items include director remuneration and board appointments.

Shanthi Gears Ltd. - 53rd AGM & Dividend Update

The 53rd Annual General Meeting (AGM) of Shanthi Gears Limited is set for July 29, 2026, at 4:30 PM IST, to be held via video conference.

Dividend: A final dividend of ₹2 per equity share is proposed for FY 2025-26. This adds to the interim dividend of ₹3, making a total payout of ₹5 per share for the fiscal year.

Governance: Shareholders will vote on director remuneration, including ₹1 crore commission for the Non-Executive Chairman and up to 1% of net profits for Non-Executive Directors for FY26-FY30. The appointment of Mr. K Ilango as an Independent Director and re-appointment of Mr. Mukesh Ahuja are also on the agenda.

Auditor: The remuneration of Cost Auditor Mr. B Venkateswar for FY 2026-27 is proposed at ₹80,000 plus taxes.

Compliance: The company urges shareholders to update KYC, PAN, and bank details. Physical shareholders with missing details by Dec 31, 2025, risk frozen folios. PAN-Aadhaar linking is also stressed to avoid higher TDS on dividends.

Reader Takeaway: A ₹5 dividend per share is proposed alongside key board appointments and remuneration changes requiring shareholder nod.