Kriti Nutrients Limited Holds AGM; Confirms Interim Dividend, Approves Director Re-appointments

<h1>Kriti Nutrients Limited Holds AGM; Confirms Interim Dividend, Approves Director Re-appointments</h1>

The 30th Annual General Meeting (AGM) of Kriti Nutrients Limited was held on Wednesday, August 12, 2026. The meeting was conducted through video conferencing (VC), concluding at 5:01 P.M., and featured key decisions regarding financial statements, dividend confirmation, and director appointments.

The AGM commenced with the requisite quorum being present, chaired by Mr. Shiv Singh Mehta, Chairman and Managing Director. Present among the directors were Smt. Purnima Mehta, Saurabh Singh Mehta (Joint Managing Director), and Chandrasekharan Bhaskar (Independent Director). The meeting also included Rajesh Sisodia, Head of Finance, alongside statutory and secretarial auditors, as well as CS Ishan Jain, appointed as scrutinizer for e-voting.

Total members stood at 19,740 on the cutoff date of August 5, 2026, with 49 members attending through video conferencing.

Key business transacted during the AGM included:

• Financial Review and Dividend: The company adopted the Audited Standalone and Consolidated Financial Statements for the financial year ending March 31, 2026. A resolution was passed confirming the interim dividend of Rs. 3.00 (or 300%) per equity share. This payment was made on November 8, 2025, to 5,01,03,520 equity shares at Rs. 1/- each, aggregating to Rs. 1503.11 Lakhs, which was confirmed as the full and final dividend for the year 2025-26.
• Audit Appointment: M/s Machta & Company, Chartered Accountants (FRN 000957C), were re-appointed as Statutory Auditors of the company for a second consecutive term spanning five years, from the conclusion of the 30th AGM until the 35th AGM in the year 2031.

Special Resolutions and Remuneration Fixes​

Several special resolutions related to management appointments and remuneration were passed at the meeting:

Director and Auditor Matters:

• Mr. Saurabh Singh Mehta (who retires by rotation) was re-appointed as a Director of the Company.
• M/s Dhananjay V. Joshi & Associates, Cost Accountants, were ratified for the cost audit of the financial year 2026-27, with remuneration set at Rs. 35,000 plus applicable taxes and reimbursement of out-of-pocket expenses.

Remuneration Revisions and Appointments:
The members accorded consent on multiple resolutions concerning executive appointments and their compensation:


In relation to Mr. Shiv Singh Mehta's re-appointment, the consent sought was for his aggregate annual remuneration to potentially exceed 5% of the company's net profits, calculated as per Section 198 of the Companies Act, 2013. The same provision applied to Mr. Saurabh Singh Mehta’s appointments.

E-Voting and Conclusion​

The AGM proceedings detailed that e-voting was conducted both through a remote facility (which commenced on August 9, 2026) and during the meeting itself. A special resolution sought the consent of members for the proposed remuneration levels, with provisions stipulating that in the event of any loss or inadequacy of profit, the specified salary would be the minimum remuneration payable by the company.

The Head of Finance announced that the results of the remote e-voting and the AGM voting, along with the scrutinizer's report, will be communicated within two working days of the meeting conclusion. The recorded transcript of the AGM is also scheduled to be made available on the company’s website promptly after the conclusion.

KRITINUT Stock Price Movement​

On Wednesday, shares of Kriti Nutrients Limited edged higher to close at ₹85.07 after gaining 0.36%, driven by an absolute increase of ₹0.31. The equity saw strong activity in the session, closing off the day after testing a daily low of ₹81.00 amid a traded volume of 24,385 shares.