Automotive Axles AGM 2026: Aug 5 record date, ₹32

What the company disclosed to stock exchanges

Automotive Axles Limited informed stock exchanges about a newspaper publication related to its 45th Annual General Meeting (AGM), including the cut-off date, book closure, and remote e-voting. Separately, the company filed its Annual Report for FY 2025-26 under Regulation 34(1) and its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26.

The disclosures consolidate key shareholder timelines for voting and dividend eligibility, and provide updated financial and ESG information for the year ended March 31, 2026.

45th AGM date, time, and mode

Automotive Axles has scheduled its 45th AGM for Wednesday, August 12, 2026 at 3:00 PM IST. The meeting will be conducted through video conferencing (VC) and other audio-visual means (OAVM), as stated in the annual report filing.

The AGM will transact business as set out in the notice dated May 19, 2026. The company said the AGM notice and the FY 2025-26 annual report have been dispatched to members through electronic mode.

Cut-off date, record date, and book closure

The Board fixed Wednesday, August 5, 2026 as the cut-off date to determine shareholder eligibility for the final dividend on equity shares, if declared at the AGM. The company also stated that the register of members and share transfer books will remain closed from Thursday, August 6, 2026 to Wednesday, August 12, 2026 (inclusive).

These dates matter for investors holding shares in either demat or physical form because eligibility for voting and dividend entitlement is linked to holdings on the cut-off or record date.

Remote e-voting: platform and window

Automotive Axles engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting for the resolutions. As per the disclosure, the remote e-voting window:

• opens on August 9, 2026 at 9:00 AM IST
• closes on August 11, 2026 at 5:00 PM IST

Shareholders holding shares in physical or dematerialized form as of the cut-off date can vote. The company also noted that members who vote remotely may attend the AGM, but cannot vote again during the meeting.

Dividend payment rules for physical shareholders

The company highlighted that dividend payments for security holders in physical form will be made only through electronic mode, in line with regulatory requirements effective April 1, 2024. It said this requires folios to be KYC-compliant, with registered PAN, contact details, bank account details, and specimen signature.

In addition, shareholders were advised to update email and bank details by the record date to ensure timely receipt of dividends and electronic communications.

FY26 dividend recommendation: ₹32 per share

For FY 2025-26, the Board recommended a final dividend of ₹32 per equity share (320%) of face value ₹10 each, subject to shareholder approval. The company also stated this is higher than the previous year’s final dividend of ₹30.50 per share.

The total dividend outflow for FY26 was disclosed as ₹483.58 million (₹48.36 crore).

FY26 financial performance: income, profit, margin

Automotive Axles reported a 5.0% increase in total income to ₹22,099.09 million (₹2,209.91 crore) for FY26, compared with ₹21,047.52 million (₹2,104.75 crore) in FY25.

For FY26, EBITDA was ₹2,572.56 million (₹257.26 crore), with an EBITDA margin of 11.8%. Profit after tax (PAT) increased to ₹1,643.75 million (₹164.38 crore). The company disclosed EPS of ₹108.77 for FY26 versus ₹102.92 in FY25.

It also reported capacity utilisation of around 90% and delivery performance exceeding 95% during the year.

Quarterly snapshot and cash position

For Q4 FY26, the company reported revenue from operations of ₹6,642.99 million (₹664.30 crore). Q4 FY26 net profit was ₹538.94 million (₹53.89 crore), with Q4 EPS of ₹35.66.

Automotive Axles ended FY26 with cash and cash equivalents of ₹381.86 million (₹38.19 crore), compared with ₹85.74 million (₹8.57 crore) at the end of FY25.

BRSR highlights: renewable energy target and exports

In its BRSR for FY 2025-26, the company reported a strategic target to source 90% of total power consumption from renewable energy by 2028. It also disclosed exports of ₹2,189.62 million (₹218.96 crore), which accounted for 10.05% of total turnover for the year.

The company also described CSR activities benefiting over 130,000 persons, alongside environmental and governance disclosures.

Exceptional expense linked to labour codes

Automotive Axles disclosed an exceptional expense of ₹119.87 million (₹11.99 crore) for FY26. It attributed this to the notification of new Labour Codes, resulting in increased liabilities including gratuity liability of ₹116.53 million (₹11.65 crore) and leave liability of ₹3.34 million (₹0.33 crore) arising from past service costs.

Capacity expansion timeline

The annual report disclosure stated that the company’s capacity expansion programme is expected to be completed by the end of calendar year 2026.

Stock price and intraday movement around the disclosure

The disclosure included market price snapshots showing Automotive Axles’ live price at ₹1,821.10. It opened at ₹1,827 versus a previous close of ₹1,838, with an intraday high/low of ₹1,832/₹1,793. Another snapshot stated the share price was ₹1,821 as on 20 July, 2026 | 02:57.

Key dates and financial highlights at a glance

Why the disclosures matter for shareholders

The timeline clarifies when investors must hold shares to be eligible for the proposed final dividend and to vote on AGM resolutions. It also shows how the company is implementing electronic-only dividend payments for physical shareholders, which makes KYC and bank detail updates important before the record date.

On operations, the FY26 annual report metrics and quarterly figures help investors track profitability, margins, cash position, and execution indicators such as capacity utilisation and delivery performance. The BRSR adds measurable ESG targets, including the stated renewable power ambition by 2028.

Conclusion

Automotive Axles has set August 12, 2026 for its 45th AGM via VC/OAVM and fixed August 5, 2026 as the record date for the proposed ₹32 per share final dividend. The company’s filings also detail FY26 financial performance, an exceptional expense linked to labour codes, and an ESG target of 90% renewable power by 2028, with shareholders able to vote remotely via NSDL from August 9 to 11.