Indian Toners & Developers Ltd holds 36th Annual General Meeting; Confirms Dividend and Re-appoints Key Directors
The Members of The Indian Toners & Developers Limited (the Company) participated in its 36th Annual General Meeting (AGM), which was held on Monday, July 13, 2026. The meeting took place at the company's registered office in Rampur.Sh. Sushil Jain chaired the AGM. Directors and senior management present included Shri Arun Kumar Garg, Chairman of the Audit Committee and Stakeholders Relationship Committee, Mr. Surya Pratap Singh, Chief Financial Officer, and Vishes Chaturvedi, Company Secretary. The meeting commenced after establishing the requisite quorum, with relevant documents made available for inspection by the Members.
The Chairman provided an overview of the company's operations, financial performance, and future growth outlook, acknowledging the contributions of all employees and stakeholders during the year. The Company’s statutory auditors confirmed that their report, along with the Secretarial Audit Report, contained no qualifications.
AGM Resolutions and Financial Decisions
During the meeting, various items of business were transacted as outlined in the notice dated May 11, 2026. Key resolutions included the approval of financial statements and corporate appointments.The following transactions and decisions were made at the 36th AGM:
| Item No. | Agenda Details | Resolution Required |
|---|---|---|
| 1 | To receive, consider and adopt the Audited Financial Statement for FY ending March 31, 2026, the Directors' Report, and the Auditors' Report. | Ordinary |
| 2 | To confirm the interim dividend @ Rs. 6.00 per equity share as final dividend for the year 2025-26. | Ordinary |
| 3 | Appointment of a Director in place of Shri Akshat Jain, who retires by rotation. | Ordinary |
| 4 | Re-appointment of Sh. Sushil Jain as Whole Time Director for three years w.e.f. August 16, 2026. | Special |
| 5 | Re-appointment of Sh. Satyendra Paroothi as Whole Time Director for two years w.e.f. May 27, 2026. | Ordinary |
| 6 | Re-appointment of Sh. Sanjay Gupta as Independent Director for a second term of five years w.e.f. June 22, 2026. | Special |
Voting Outcomes
The Chairman informed Members that the consolidated voting process was authorized by the Company Secretary to carry out the results. Following the Scrutinizer's Reports received today, all resolutions presented at the AGM were reported as having been passed with the requisite majority.The Scrutinizer’s Reports for e-voting and polling at the AGM will be made available on the company’s website and the NSDL website. The results were also forwarded to the Stock Exchange where the Company’s Equity Shares are listed, BSE Limited.
Stock Price Movement
As of 14:25, Indian Toners & Developers Ltd shares are dipping 0.36% to ₹292.30 as the stock remains under pressure. The equity moved through a narrow intraday band, tracing a range between a high of ₹295.45 and a low of ₹290.20.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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