Indian Toners & Developers Ltd. Holds 36th Annual General Meeting; Approves Dividend and Director Reappointments
The Members of Indian Toners & Developers Limited convened their 36th Annual General Meeting (AGM) on Monday, July 13, 2026, at the company's registered office in Rampur. The meeting was chaired by Sh. Sushil Jain.The AGM proceedings included key attendees such as Shri Arun Kumar Garg, Chairman of the Audit Committee and Stakeholders Relationship Committee, Mr. Surya Pratap Singh, Chief Financial Officer, and Mr. Vishesh Chaturvedi, Company Secretary. Representatives from B.K. Shroff & Co., Statutory Auditors, along with Mr. Mukesh Agarwal, Scerctarial Auditors, and Mr. Varanasi [ari, Scrutinizer for e-Voting, were also present.
Upon the requisite quorum being met, the Chairman called the meeting to order. Following the reading of the Statutory Auditors' Report by the Company Secretary, members were informed that both the Statutory Auditors' Report and the Sccretarial Audit Report carried no qualifications. The Chairman provided an overview of the company’s operations, financial performance, and growth outlook, acknowledging the contributions of all employees and stakeholders during the year.
Key Business Items Transacted at the AGM
The meeting transacted several items of business as outlined in the notice dated May 11, 2026. The decisions made by members covered financial reporting, dividend confirmation, and director appointments/reappointments.| Item No. | Details of the Agenda | Resolution Required |
|---|---|---|
| 1 | To receive, consider and adopt the Audited Financial Statement for the financial year ended March 31, 2026, the Directors' Report, and the Auditors' Report thereon. | Ordinary |
| 2 | To confirm the interim dividend @Rs. 6.00 per equity share as final dividend for the year 2025-26. | Ordinary |
| 3 | To appoint a Director in place of Shri Akshat Jain, who retires by rotation and offers himself for re-appointment. | Ordinary |
| 4 | To reappoint Sh. Sushil Jain as Whole Time Director for a further period of 3 years w.c.f. August 16, 2026. | Special |
| 5 | To reappoint Sh. Satyendra Paroothi as Whole Time Director for a further period of 2 years w.c.f. May 27, 2026. | Ordinary |
| 6 | To re-appoint Sh. Sanjay Gupta as Independent Director for a second term of 5 years w.c.f. June 22, 2026. | Special |
Voting and Results
The Chairman informed members that the company had provided electronic voting facilities through the National Securities Depository Limited (NSDL) system. The Scrutinizer's Report was received, confirming that all Resolutions passed with the requisite majority.Members were apprised that the consolidated voting results, along with the Scrutinizer's Reports for e-voting and polling at the AGM, will be made available on the company’s notice board at the Registered Office. The Chairman also thanked the members for their attendance and participation in the meeting.
Stock Price Movement
As of 10:05, Indian Toners & Developers Ltd is ticking up at ₹293.65, representing a 0.48% gain for the shares. The stock has traded through a defined intraday range, finding support around the low of ₹290.00 and testing a high of ₹294.50.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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