StockWatch
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Trading - Auto Components
AGM/EGM22 Jul 2026, 08:31 am

India Motor Parts & Accessories Ltd Holds 72nd AGM

AI Summary

India Motor Parts & Accessories Ltd held its 72nd Annual General Meeting (AGM) on July 21, 2026, via video conferencing. The meeting transacted all businesses as per the notice, including the adoption of audited financial statements for FY26, declaration of final dividend, re-appointment of a director, and approval of a material related party transaction with Brakes India Private Limited for ₹500 crores. The Chairman's speech highlighted company performance, future outlook, and expressed gratitude to stakeholders. Results of e-voting will be announced within two working days.

Key Highlights

  • 72nd AGM held on July 21, 2026, via video conference.
  • Audited financials for FY26 adopted; final dividend declared.
  • Director Srivats Ram re-appointed; related party transaction approved.
  • Material transaction with Brakes India valued at ₹500 crores.
  • Chairman's speech covered performance, outlook, and stakeholder appreciation.