Jaro Institute of Technology Announces 17th AGM; Board Approves Director Re-appointments and CEO Remuneration Hike

Jaro Institute of Technology Announces 17th AGM; Board Approves Director Re-appointments and CEO Remuneration Hike​

Jaro Institute of Technology Management and Research Limited announced that its 17th Annual General Meeting (AGM) will be held on Tuesday, July 28, 2026. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), with the AGM notice circulating details concerning various ordinary and special business items, including dividend declaration and key board appointments.

The company set the record date for the AGM and dividend entitlement as Tuesday, July 21, 2026. Members are invited to attend the meeting to consider matters set out in the notice.

Key Governance Decisions and Appointments​

The AGM agenda includes several significant corporate actions concerning the management and board structure:

• Director Re-appointments: The company seeks shareholder approval for the re-appointment of Dr. Alpa Urmil Antani, who will serve a second term from January 27, 2027, to January 26, 2032. The Board also recommends the re-appointment of Dr. Vaijayanti Ajit Pandit, whose tenure is set for May 1, 2027, to May 2, 2032.
• Director Retirement: Mr. Sanjay Namdeo Salunkhe, who retired by rotation, is listed among the Directors at the meeting.

The Board of Directors recommended these re-appointments based on the expertise and contributions of each director, noting that Dr. Alpa Urmil Antani has over 17 years of experience in business and trade development, while Dr. Vaijayanti Ajit Pandit possesses over 43 years of experience in business and entrepreneurship.

Compensation Structure Updates​

The company announced a special resolution seeking member approval to increase the managerial remuneration payable to Ms. Ranjita Raman, Whole-time Director and Chief Executive Officer (CEO). The maximum limit for her managerial remuneration was proposed to be increased from 5% to 8% of the net profits of the Company for the financial year 2026-27. This approval is primarily sought to facilitate the exercise of Employee Stock Options (ESOP) granted under the 'Jaro Education Employee Stock Option Plan 2022.'

Financial Highlights and Dividend Declaration​

The AGM business includes consideration and adoption of the audited financial statements for the financial year ended March 31, 2026. The Board recommended declaring a dividend on equity shares for the aforementioned financial year.

Financial performance indicators from FY 2025-26 (as reported) are summarized below:


The company is also seeking approval for the declaration of a dividend at the rate of ₹ 3/- per equity share of ₹ 10/- each, as recommended by the Board of Directors.

Voting and Investor Information​

Members who are entitled to vote were required to be registered with Depositories or Depository Participants (DPs) as on July 21, 2026. The remote E-voting period is scheduled from Saturday, July 25, 2026, until Monday, July 27, 2026.

The company provided detailed instructions for shareholders regarding voting via the NSDL e-Voting system and methods of joining the AGM through VC/OAVM.

JARO Stock Price Movement​

Jaro Institute of Technology Management and Research Limited settled today as its shares edged higher, closing at ₹513.4 after gaining 0.71%. The stock traded to a high of ₹527 during the session amid a volume of 106,156 shares.