Shareholders Approve Managerial Remuneration Above 11% of Net Profits at 45th AGM
At the 45th AGM held on 25 September 2026, members approved raising overall managerial remuneration beyond **11% of net profits**, plus revised pay for MD Tosh Kumar Jain and Whole-time Directors Arihant Kumar Jain and Monika Jain.
By ScoutQuest · · 1 min read
- AGM Date
- 25 September 2026
- Managerial Remuneration Threshold
- Beyond 11% of net profits
- MD
- Tosh Kumar Jain
- Whole-time Directors
- Arihant Kumar Jain and Monika Jain
- Company
- Desh Rakshak Aushdhalaya Ltd
What was approved
The company told BSE that at its 45th Annual General Meeting, held on 25 September 2026 from 3:00 PM to 4:00 PM, shareholders passed four related items.
- Increase in overall managerial remuneration payable in excess of 11% of the net profits of the company.
- Revision in remuneration payable to Mr. Tosh Kumar Jain, Managing Director.
- Revision in remuneration payable to Mr. Arihant Kumar Jain, Whole-time Director.
- Revision in remuneration payable to Mrs. Monika Jain, Whole-time Director.
Why it matters
Under company law, total managerial remuneration is normally capped at 11% of net profits; going beyond that requires shareholder approval. Members have now given that approval, so a larger share of profits may go towards director pay. All three directors named carry the same family surname, so investors may view this as a related-party sensitive item.
The intimation was signed by Sohini Bansal, Company Secretary and Compliance Officer.
More numbers
- Managerial remuneration cap exceeded11% of the net profits
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