Orient Electric Declares Interim Dividend of ₹0.75 Per Share, Mandates KYC Compliance for Physical Shareholders

Orient Electric Limited's Board of Directors has approved an interim dividend of ₹0.75 per equity share for the financial year 2025-26, marking a significant development for shareholders. However, the company has emphasized strict compliance requirements for physical shareholders to receive their dividend payments. Board Approval and Dividend Details The Board of Directors approved the interim dividend during their meeting held on January 22, 2026. The dividend represents 75% of the face value of ₹1.00 per equity share, with the payment scheduled for February 5, 2026. Parameter: Details Dividend Rate: ₹0.75 per equity share Face Value: ₹1.00 per share Percentage: 75% Board Meeting Date: January 22, 2026 Payment Date: February 5, 2026 Financial Year: 2025-26 SEBI KYC Compliance Requirements Pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/MIRSDPoD/P/CIR/2025/91 dated June 23, 2025, and SEBI Master Circular No. HO/38/13/(4)2026-MIRSD POD/I/4298/2026 dated February 6, 2026, security holders holding securities in physical mode must furnish their PAN, KYC details, and nominations. These shareholders are eligible for dividend payments only through electronic mode with effect from April 01, 2024. The company has identified physical shareholders whose KYC details are not updated and has sent communications requesting immediate compliance. For non-compliant shareholders, dividend payments will be withheld until KYC details are properly updated. Required Documentation for KYC Update Physical shareholders must submit the following documents to update their KYC details: Form ISR-1: Duly filled along with self-attested copies of PAN card and Aadhar Form ISR-2: Completed with banker attestation of signature and original cancelled cheque or bank passbook copy Form SH-13: For nomination updates with self-attested copies of nominee's PAN card Form ISR-3: For opting out of nomination Form SH-14: For cancellation or variation of nomination Submission Process and Contact Details Shareholders can submit required documents to the company's Registrar and Share Transfer Agent, M/s. KFin Technologies Limited, through registered post, courier, or electronic mode. Electronic submissions must be sent from the registered email address and digitally signed by the shareholder. Contact Method: Details RTA Email: einward.ris@kfintech.com Company Email: investor@orientelectric.com RTA Address: Selenium Tower-B, Plot No 31 & 32, Gachibowli, Financial District, Nanakramguda, Hyderabad – 500032 Special Transfer Window As per SEBI Circular dated January 30, 2026, a special window will operate from February 5, 2026, to February 4, 2027, facilitating transfer and dematerialization of physical securities sold or purchased prior to April 01, 2019. Securities transferred through this window will be credited in demat mode and subject to a one-year lock-in period. Orient Electric has successfully concluded its postal ballot process, with shareholders approving two key resolutions related to long-term incentive plans for senior executives. The company announced the results on February 23, 2026, following the completion of the remote e-voting process. Postal Ballot Process Details The postal ballot notice was dispatched on January 23, 2026, to shareholders whose names appeared on the register as of the record date of January 16, 2026. The remote e-voting period commenced at 9:00 AM IST on Saturday, January 24, 2026, and concluded at 5:00 PM IST on Sunday, February 22, 2026. Parameter: Details Record Date: January 16, 2026 Total Shareholders: 82,958 E-voting Platform: KFin Technologies Limited Scrutinizer: Atul Kumar Labh (FCS 4848) Scrutinizer Firm: M/s. Labh & Labh Associates Resolution 1: MD & CEO Incentive Plan The first ordinary resolution sought approval for granting long-term incentives to Mr. Ravindra Singh Negi, Managing Director and Chief Executive Officer (DIN: 10627944). This resolution received strong support across all shareholder categories. Category: Shares Held Votes Polled Polling % Votes in Favour Votes Against Approval % Promoter Group: 81,733,294 81,733,294 100.00% 81,733,294 0 100.00% Public Institutions: 78,729,260 75,136,115 95.44% 74,351,815 784,300 98.96% Public Non-Institutions: 52,903,345 25,603,799 48.40% 25,589,979 13,820 99.95% Total: 213,365,899 182,473,208 85.52% 181,675,088 798,120 99.56% Resolution 2: President-Strategy Incentive Program The second ordinary resolution approved the long-term incentives program for Ms. Avani Birla, President-Strategy of the company. This resolution also garnered substantial shareholder approval, though with slightly lower support from institutional investors. Category: Shares Held Votes Polled Polling % Votes in Favour Votes Against Approval % Promoter Group: 81,733,294 74,050,349 90.60% 74,050,349 0 100.00% Public Institutions: 78,729,260 75,136,115 95.44% 69,557,806 5,578,309 92.58% Public Non-Institutions: 52,903,345 25,603,798 48.40% 25,589,880 13,918 99.95% Total: 213,365,899 174,790,262 81.92% 169,198,035 5,592,227 96.80% Scrutinizer's Report and Compliance CS Atul Kumar Labh of M/s. Labh & Labh Associates served as the scrutinizer for the postal ballot process. The scrutinizer was appointed by the board on January 22, 2026, and submitted the final report on February 23, 2026. The process was conducted in accordance with MCA circulars and Companies Act, 2013 requirements. The voting results were officially communicated to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 44(3) read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The e-voting was conducted through KFin Technologies Limited's platform, ensuring transparency and efficiency in the ballot procedure. Resolution Summary: Details Total Resolutions: 2 (Both Ordinary) Overall Participation: 85.52% for Resolution 1, 81.92% for Resolution 2 Invalid Votes: 463 votes from Public Non-Institutions Witness Verification: Rohit Kumar and Anushree Dasgupta Both resolutions were declared passed with the requisite majority, reflecting strong shareholder confidence in the company's executive compensation strategy. The comprehensive documentation and scrutinizer's report demonstrate the company's commitment to transparent corporate governance practices. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. 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