Meeting Details

The 34th AGM was held on Wednesday, June 24, 2026, commencing at 10:00 AM and concluding at 11:45 AM through Video Conferencing (VC)/Other Audio Video Means (OAVM). The remote e-voting period was open from Saturday, June 20, 2026, at 09:00 AM to Tuesday, June 23, 2026, at 5:00 PM. The cut-off date for determining shareholders entitled to vote was Wednesday, June 17, 2026.

Voting Results Overview

All 12 resolutions proposed at the AGM were passed with the requisite majority. The scrutinizer, Chirag Shah of Chirag Shah & Associates, Practicing Company Secretaries, submitted a consolidated report on the voting.

Detailed Resolution-wise Results

1. Resolution No. 1 (Ordinary Resolution) - Adoption of audited standalone financial statements for FY26

  • Total votes polled: 1,229,710,516 shares (95.1855% of outstanding shares)
  • Votes in favor: 1,228,750,718 shares (99.9219%)
  • Votes against: 959,798 shares (0.0781%)
  • Promoter group: 100% in favor (965,223,496 shares)

2. Resolution No. 2 (Ordinary Resolution) - Adoption of audited consolidated financial statements for FY26

  • Total votes polled: 1,183,337,885 shares (91.5961% of outstanding shares)
  • Votes in favor: 1,151,002,128 shares (97.2674%)
  • Votes against: 32,335,757 shares (2.7326%)

3. Resolution No. 3 (Ordinary Resolution) - Declaration of dividend on equity shares for FY 2025-26

  • Total votes polled: 1,229,861,670 shares (95.1972% of outstanding shares)
  • Votes in favor: 1,229,186,369 shares (99.9451%)
  • Votes against: 675,301 shares (0.0549%)
  • No abstained votes

4. Resolution No. 4 (Ordinary Resolution) - Re-appointment of Dr. Vinay Prakash (DIN: 03634648) as Director

  • Total votes polled: 1,229,861,592 shares (95.1972% of outstanding shares)
  • Votes in favor: 1,225,865,916 shares (99.6751%)
  • Votes against: 3,995,676 shares (0.3249%)

5. Resolution No. 5 (Ordinary Resolution) - Ratification of remuneration payable to M/s. K V M & Co., Cost Accountants for FY27

  • Total votes polled: 1,229,861,590 shares (95.1972% of outstanding shares)
  • Votes in favor: 1,229,838,163 shares (99.9981%)
  • Votes against: 23,427 shares (0.0019%)

6. Resolution No. 6 (Special Resolution) - Approval for raising capital from eligible investors through issuance of equity shares and/or other eligible securities

  • Total votes polled: 1,229,861,590 shares (95.1972% of outstanding shares)
  • Votes in favor: 1,229,860,240 shares (99.9999%)
  • Votes against: 1,350 shares (0.0001%)
  • Promoter group: 100% in favor (965,223,496 shares)
  • Public institutions: 100% in favor (224,190,887 shares)

7. Resolution No. 7 (Ordinary Resolution) - Approval of material related party transactions with Adani Infra (India) Limited for FY27

  • Promoter group abstained from voting (interested party)
  • Total votes polled: 264,638,085 shares (20.4843% of outstanding shares)
  • Votes in favor: 257,260,329 shares (97.2121%)
  • Votes against: 7,377,756 shares (2.7879%)

8. Resolution No. 8 (Ordinary Resolution) - Approval of material related party transactions with AdaniConnex Private Limited for FY27

  • Promoter group abstained from voting (interested party)
  • Total votes polled: 264,638,087 shares (20.4843% of outstanding shares)
  • Votes in favor: 260,026,813 shares (98.2575%)
  • Votes against: 4,611,274 shares (1.7425%)

9. Resolution No. 9 (Ordinary Resolution) - Approval of material related party transactions with Parsa Kente Collieries Limited for FY27

  • Promoter group abstained from voting (interested party)
  • Total votes polled: 264,638,085 shares (20.4843% of outstanding shares)
  • Votes in favor: 260,027,721 shares (98.2579%)
  • Votes against: 4,610,364 shares (1.7421%)

10. Resolution No. 10 (Ordinary Resolution) - Approval of material related party transactions by Adani Airport Holdings Limited with Adani Properties Private Limited for FY27

  • Promoter group abstained from voting (interested party)
  • Total votes polled: 264,638,085 shares (20.4843% of outstanding shares)
  • Votes in favor: 260,026,693 shares (98.2575%)
  • Votes against: 4,611,392 shares (1.7425%)

11. Resolution No. 11 (Ordinary Resolution) - Approval of material related party transactions by Adani Mining Pty Limited with Carmichael Rail Network Trust for FY27

  • Promoter group abstained from voting (interested party)
  • Total votes polled: 264,638,037 shares (20.4843% of outstanding shares)
  • Votes in favor: 257,260,124 shares (97.2121%)
  • Votes against: 7,377,913 shares (2.7879%)

12. Resolution No. 12 (Ordinary Resolution) - Approval of material related party transactions by Parsa Kente Collieries Limited with Rajasthan Rajya Vidyut Utpadan Nigam Limited for FY27

  • Promoter group abstained from voting (interested party)
  • Total votes polled: 264,638,087 shares (20.4843% of outstanding shares)
  • Votes in favor: 263,388,755 shares (99.5279%)
  • Votes against: 1,249,332 shares (0.4721%)

Scrutinizer Details

The company appointed Chirag Shah of Chirag Shah & Associates, Practicing Company Secretaries (FCS: 5545; CP: 3498) as scrutinizer for the voting process. The e-voting facility was provided by Central Depository Services (India) Limited (CDSL).

Shareholding Pattern

As of the cut-off date, the total outstanding shares were 1,291,909,050, comprising:

  • Promoter and Promoter Group: 965,223,506 shares
  • Public Institutions: 235,120,166 shares
  • Public Non-Institutions: 91,565,378 shares