Industrial & Prudential Investment Company Ltd

Industrial And Prudential Investment Co. Ltd — Trading Window closed from 01 October 2026 till the expiry of 48 hours after the declaration of unaudited financial results (standalone and consolidated) for the quarter ending 30 September 2026.

Fines withdrawn

• BSE confirmed withdrawal of the March 2026 fine under Regulation 6(1).
• Fine amount Rs 101,480 including GST has been withdrawn.
• Residual payable on this matter is Nil.
• Withdrawal based on company submissions and reconciliation report revision.
• No governance changes reported.

AGM details

• AGM held on 20 Aug 2026 at 11:30 a.m. via VC/OAVM.

Key resolutions

• Ordinary: adopt audited standalone and consolidated financial statements for FY2025-26.
• Ordinary: declare dividend.
• Ordinary: appoint Varun Swarup as director, retires by rotation.
• Special: continue Gaurav Swarup as CMD until Jan 31, 2027.

Voting results

• Item 1 adopted; in favour ~99.9997%; three against.
• Item 2 declared dividend; in favour ~99.9997%; three against.
• Item 3 appointed Varun Swarup; in favour ~99.9997%; three against.
• Item 4 continued CMD; in favour 100%; no against.

Dividend

• Dividend approved; amount per share not disclosed in filing.

Director changes

• Varun Swarup reappointed as director (retiring by rotation).
• Gaurav Swarup to continue as Chairman & MD through Jan 31, 2027.

AGM details

• Date: 20 August 2026; Time: 11:30 A.M. IST; Mode: VC/OAVM.
• Meeting duration: 11:30–12:20 IST with 15 minutes of e-voting.
• Remote e-voting window: Aug 17–19, 2026; Cut-off for voting: 12 Aug 2026.
• No physical attendance; proxies not applicable; quorum via video conference.

Key resolutions

• Adoption of standalone and consolidated financial statements for year ended March 31, 2026.
• Dividend on equity shares for FY 2025-26.
• Re-appointment of Varun Swarup as Director (retiring by rotation).
• Continuation of Gaurav Swarup as Chairman & Managing Director beyond age 70 up to Jan 31, 2027.

Voting results

• All resolutions passed; deemed passed subject to requisite votes.

Director changes

• Varun Swarup re-appointment as Director; Gaurav Swarup continuation as CMD approved.

Results snapshot

• Board approved unaudited standalone and consolidated results for quarter ended June 30, 2026.
• Standalone revenue from operations comprises dividend income, net fair value gains, and other income.
• Standalone PAT and EPS disclosed; EPS (basic/diluted) for quarter Rs 0.23.
• Consolidated results include share of profit from associate KSB Limited; PAT disclosed.
• Company is NBFC with a single reportable NBFC segment; RBI norms followed.
• Auditor's review report indicates no material misstatement; conducted per SRE 2410; not an audit.
• Figures balance: quarter ended June 30, 2026 and balancing figures for year ended March 31, 2026.
• Paid-up equity share capital Rs 1.6758 crore.

Dividend and TDS update

• Board recommends final dividend of Rs 120 per share for FY2025-26; AGM Aug 20, 2026.
• Record date fixed at Aug 12, 2026; payout to eligible shareholders after Aug 21, 2026 if approved.
• Dividend subject to TDS; rates depend on shareholder type, PAN linkage with Aadhaar may raise to 20%.
• TDS rates vary by category; Nil or 10% for certain resident categories, 20% for non-residents.
• KYC updates required: PAN-Aadhaar link, residential status, category, email, and address by Aug 12, 2026.
• Dividend payments to be made electronically; physical holders must update KYC to receive electronic payments.
• Form 121 exemption options and Aug 12, 2026 deadline for exemption requests.
• AGM and record date contingent on shareholder approval; payment after AGM if approved.
• Submission of exemption documents to MUFG Intime India Private Limited by Aug 12, 2026.

AGM Details

• 110th AGM on Thursday, 20 August 2026 at 11:30 IST via VC/OAVM.
• Financial year ended 31 March 2026 referenced.
• Notice and Annual Report to be submitted in due course.

Dividend Proposal

• Final dividend recommended: Rs 120 per equity share.
• Dividend subject to member approval at AGM.

Record Date & Payment

• Record date fixed as 12 August 2026.
• Dividend, if approved, payable from 21 August 2026.

Board Context

• Board recommended final dividend at 22 May 2026 meeting.