Super Sales India Ltd announced its 44th AGM on July 20, 2026. Shareholders will vote on a ₹200 crore related party transaction limit with LMW Limited and increased auditor fees. A dividend record date of July 13, 2026, was also set.
Super Sales India Ltd Announces AGM Details and Key Approvals
Super Sales India Ltd has scheduled its 44th Annual General Meeting (AGM) for July 20, 2026, to be held via Video Conferencing. Shareholders will consider approving a ₹200 crore limit for related party transactions with LMW Limited for the period from the AGM 2026 to the next AGM.
Reader Takeaway: High related party transaction limit with LMW Ltd; increased auditor fees are notable points.
What just happened
Super Sales India Ltd disclosed key details regarding its upcoming AGM, including the date (July 20, 2026), a record date for dividend eligibility (July 13, 2026), and proposed auditor remuneration. A significant item on the agenda is the approval of a related party transaction limit of ₹200 crore with LMW Limited.
Why this matters
The proposed related party transaction limit highlights the company's substantial business dealings with LMW Limited, which acts as a selling agent and supplier of gears and accessories. This dependency means the terms of these transactions are crucial for Super Sales India's operations and profitability. The increase in statutory auditor fees also signals rising compliance costs.
The backstory
Super Sales India Ltd has historically engaged in business with LMW Limited. The AGM notice provides specific figures for the upcoming year, including a proposed statutory auditor fee of ₹9 lakh for FY 2026-27, an increase from ₹6.5 lakh previously. The company is also running an 'Saksham Niveshak' campaign to help shareholders claim unclaimed dividends.
What changes now
Shareholders will vote on the proposed related party transaction limit at the AGM. If approved, it will allow Super Sales India to continue its business operations with LMW Limited under the defined financial boundary. The dividend record date ensures eligible shareholders will receive payments.
Risks to watch
The primary risk revolves around the high dependency on LMW Limited for a significant volume of business. Investors should monitor whether these transactions remain at arm's length and genuinely beneficial to Super Sales India, especially given the substantial transaction limit.
Peer comparison
While specific peer transaction limits are not provided in the filing, the ₹200 crore figure is substantial relative to LMW Limited's reported FY 2025-26 turnover of ₹2,909.40 crore. This indicates a significant business relationship.
Context metrics (time-bound)
- AGM Date: July 20, 2026
- Dividend Record Date: July 13, 2026
- Proposed Statutory Auditor Fees (2026-27): ₹9 lakh (up from ₹6.5 lakh)
- Proposed Cost Auditor Remuneration (2026-27): ₹1.5 lakh
- Director Sitting Fees (Sanjay Jayavarthanavelu, 2025-26): ₹1.25 lakh
- Related Party Transaction Limit (LMW Limited): ₹200 crore (AGM 2026 to next AGM)
What to track next
Investors should follow the outcome of the AGM, particularly the approval of the related party transaction limit. Monitoring the financial performance of LMW Limited and the nature of transactions between the two entities will also be key.