Dalmia Bharat’s Board of Directors has approved several key resolutions during its meeting on May 23, 2026. The company plans to convene its 13th Annual General Meeting (AGM) on June 30, 2026, through video conferencing, in line with the Ministry of Corporate Affairs’ guidelines.
The board has recommended the re-appointment of M/s Walker Chandiok & Co LLP as Statutory Auditors for a second term of five years, pending approval at the upcoming AGM. The firm has been associated with Dalmia Bharat and is recognised for its audit and assurance services.
One of the significant resolutions involves seeking shareholder approval to issue further securities up to an aggregate amount of ₹4,000 crore. This issuance could be executed through various means including private placement, preferential issue, public issue, rights issue, or qualified institutional placement. The company aims to use these funds for strategic growth initiatives.
Additionally, the board has set June 23, 2026, as the record date for determining shareholders’ entitlement to a final dividend of ₹5 per equity share for FY 2025-26. The same date will also serve as the cut-off for determining eligibility to attend and vote at the AGM.
The remote e-voting period for the AGM will commence on June 26, 2026, and end on June 29, 2026. The notice for the AGM and the integrated annual report will be distributed to stock exchanges and shareholders soon.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).