Akar Auto Industries Ltd — Important, 04-09-2026: Company Update

Akar Auto Industries Limited will hold its 37th Annual General Meeting (AGM) via video conferencing to address key company affairs. Shareholders will vote on adopting the audited financial results for the year 2025-26 and declaring a dividend of H0.30 per equity share. The agenda includes the re-appointment of Mr. Narendrakumar Gupta as a director and M/s. Singh Mundada & Associates as statutory auditors, with a proposed fee of 0.024 Cr. Members will also ratify the 55,000 remuneration for cost auditors. A significant item is the approval of material Related Party Transactions with R L Steels & Energy Limited for FY 2027-28, involving purchases up to 200 Cr and sales up to 30 Cr, citing operational benefits and cost savings.