Murudeshwar Ceramics Limited (NSE:MURUDCERA) filed a notice on 18 August 2026 informing exchanges that its 43rd Annual General Meeting will be held on Friday, 18 September 2026, at 3:00 PM IST at Hotel Naveen, Hubballi, Karnataka, to transact ordinary business for the financial year ended 31 March 2026.
Key Highlights
- The 43rd AGM is scheduled for 18 September 2026 at 3:00 PM IST at Hotel Naveen, Unkal Lake, Hubballi, Karnataka.
- The Register of Members and Share Transfer Books will remain closed from 11 September 2026 to 18 September 2026, both days inclusive.
- The cut-off date for determining members eligible to vote on AGM resolutions is Friday, 4 September 2026.
- Remote e-voting opens on 15 September 2026 at 9:00 AM IST and closes on 17 September 2026 at 5:00 PM IST via the NSDL platform.
About the Company
Murudeshwar Ceramics Limited (NSE:MURUDCERA), incorporated in 1983 and headquartered in Hubballi, Karnataka, manufactures vitrified and ceramic tiles under the brands Naveen Ceramics and Naveen Diamontile. The company operates two plants in Sira, Karnataka, and Karaikal, Puducherry, with a combined production capacity of 8.4 million square metres per year, in technical collaboration with Sacmi Imola and Breton of Italy.
Announcement in Detail
The company's exchange filing dated 18 August 2026 formally notified both NSE and BSE of the 43rd AGM. The ordinary business to be transacted includes adoption of the audited standalone and consolidated financial statements for the year ended 31 March 2026, together with the Board of Directors' Report and Auditors' Report. The integrated annual report for FY2025-26 has been enclosed with the notice.
The filing also proposes, as ordinary business, the reappointment of Shri Sunil Rama Shetty (DIN: 00037572), a Non-Executive Director, who retires by rotation and offers himself for reappointment. Members holding shares in physical or dematerialised form as on the cut-off date of 4 September 2026 are eligible to cast their vote electronically. Once a vote is cast, it cannot be subsequently changed.
Impact on Investors
Investors will note that this filing is a notice of an upcoming AGM and does not represent a resolution already passed or approved. The disclosed terms indicate that the share transfer books will be closed from 11 September to 18 September 2026, which shareholders should factor into any planned transfers during that period.
The filing shows that members must have held shares as on the cut-off date of 4 September 2026 to be eligible to vote. Shareholders will observe that the reappointment of a Non-Executive Director by rotation is a routine governance item under the Companies Act, 2013, and does not alter the composition of the management team materially as disclosed.
Sector / Market Context
India's ceramic tile sector is among the largest globally, with the country ranking as both a major producer and exporter. According to industry data cited by bodies such as the Confederation of Indian Industry, domestic demand for tiles has been supported by sustained residential construction activity and government housing programmes, providing a broad operational context for tile manufacturers such as Murudeshwar Ceramics.