Geekay Wires Approves Final Dividend and Schedules 37th Annual General Meeting
Geekay Wires Limited conducted a board meeting on August 13, 2026, which resulted in several key decisions regarding corporate governance, dividend recommendations, and the scheduling of the forthcoming annual general meeting. The Board approved important operational details and set timelines for shareholder action across various agenda items.One of the most significant outcomes was the recommendation of a final dividend amounting to Rs. 0.35 per equity share for the financial year 2025-26. This dividend is subject to approval by the members at the company's upcoming 37th Annual General Meeting (AGM).
The Board also set September 2, 2026, as the official "Record date" for ascertaining shareholders entitled to receive the final dividend. Further, the company fixed two closure dates—September 3 and September 9, 2026—for the Register of Members and Share Transfer Book in connection with the dividend payment.
Annual General Meeting and E-Voting Details
The Board announced that the 37th Annual General Meeting is scheduled to be held on Wednesday, September 9, 2026, at 10:30 AM. The meeting will utilize Video Conferencing or other Audio-Visual Mode.For shareholder convenience, Geekay Wires appointed Bigshare Services Pvt. Ltd as the agency for providing e-voting services during the AGM. The remote e-voting period is set to run from September 6, 2026 (9:00 a.m. IST) until September 9, 2026 (5:00 p.m. IST). The Board also appointed CS Kashinath Sahu proprietor of M/s Kashinath Sahu & Co as the Scrutinizer for the e-voting process.
Director Appointments and Governance Updates
The meeting addressed several matters pertaining to directorial appointments and terms, subject to shareholder approval at the AGM.Key approvals included the re-appointment of Mr. Anuj Kandoi, a retiring director, and the proposed re-appointment of Mr. Bhagwan Dass Bhankhor as a Non-Executive Independent Director for a second term of five consecutive years.
Details regarding the directors considered during the board meeting are provided below:
Director Profile: Anuj Kandoi
| Details | Information |
|---|---|
| Date of Birth | 31/05/1986 |
| Experience | More than 13 years in production and administrative matters. |
| Nature of Expertise | Production and administrative matters. |
| Inter-se Relationship | Brother of Mr. Ashish Kandoi and son of Mr. Ghanshyam Dass. |
Director Profile: Bhagwan Dass Bhankhor
| Details | Information |
|---|---|
| Date of Birth | 20/05/1962 |
| Experience | Expertise in Civil and Corporate Technology, including construction and management of water supply and sanitation schemes. |
| Nature of Expertise | Civil and Corporate Technology. |
| Terms and Conditions | Proposed re-appointment for a second term of five consecutive years, not liable to retire by rotation. |
The board meeting started at 3:00 PM and concluded at 4:45 PM.
GEEKAYWIRE Stock Price Movement
Geekay Wires Limited closed higher today, rallying by 2.93% as it settled at ₹23.08 per share in the post-market session. The stock traded within a range of ₹22.53 to ₹23.24 and saw a total volume of 160,657 shares recorded today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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