Fiem Industries Limited (FIEMIND) — Board Meeting

📢 Key Event
Shareholders approved re-appointments and revised remuneration for key managerial personnel at the 37th AGM.

🔄 What Changed
Revised director remuneration and re-designations took effect from April 1, 2026, with no increase for Executive Chairman and new terms for Managing and Joint Managing Directors.

🔮 What's Next
Revised remuneration packages for top executives were formally approved, effective April 1, 2026, pending shareholder ratification at the AGM.

💡 Investor Takeaway
Shareholders approved executive pay increases and key appointments, signaling confidence in leadership continuity and governance.

Fiem Industries Limited announced its 37th Annual General Meeting scheduled for July 31, 2026, via video conferencing, where shareholders will vote on key resolutions including adoption of FY2025-26 financial statements, declaration of a final dividend of ₹40 per share, re-designation of Jagjeevan Kumar Jain as Executive Chairman with a gross salary of ₹20 lakh per month, and revised remuneration for Managing Director Rahul Jain (₹22 lakh per month) and Joint Managing Director Aanchal Jain (₹15 lakh per month). The meeting will also ratify cost auditor remuneration and appoint new directors, with all resolutions requiring shareholder approval. Electronic voting and remote participation will be enabled through INSTAVOTE and INSTAMEET platforms, with strict login protocols for demat and physical shareholders. Dividend entitlement is tied to the record date of July 24, 2026, and payments will be made electronically by August 14, 2026. Shareholding details reveal promoter group ownership at 54.52%, with individual promoter Mrs. Seema Jain holding 19.08% shares. All director appointments are subject to shareholder ratification and comply with SEBI and Companies Act regulations.

📄 View Original Announcement (PDF)

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