Meeting Details

The 34th Annual General Meeting of Ajax Engineering Limited was held on Monday, September 28, 2026. The meeting commenced at 09:32 hours IST and concluded at 10:12 hours IST. The AGM was conducted entirely through Video Conferencing (VC) / Other Audio Visual Means (OAVM).

Proposed Resolutions and Business Transacted

The meeting transacted the business as stated in the AGM Notice dated Wednesday, September 02, 2026. The following resolutions were considered:

Ordinary Business:

  • 1. To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon – passed as an Ordinary Resolution.
  • 2. To appoint a Director in place of Mr. Krishnaswamy Vijay (DIN: 00642715), Whole Time Director and Executive Chairman who retires by rotation, and being eligible, has offered himself for re-appointment – passed as an Ordinary Resolution.

Special Business:

  • 3. Ratification of Cost Auditor's Remuneration – passed as an Ordinary Resolution.

Voting Process

The Company provided a remote e-voting facility to all members as of the cut-off date of September 21, 2026. The remote e-voting period was from September 25, 2026 (9:00 AM IST) to September 27, 2026 (5:00 PM IST), inclusive. Members who had not participated in remote e-voting were provided an option to cast their vote through e-voting during the AGM itself, using the facility provided by CDSL.

Scrutinizer Appointment

The Board of Directors appointed Mr. Pramod S M (FCS no: 7834, COP NO.: 13784), or failing him, CS Biswajit Ghosh (FCS no: 8750, COP NO.: 8239), Partners of M/s. BMP & Co. LLP, a Practicing Company Secretary firm in Bengaluru, as the scrutinizer to supervise the entire voting process (both remote e-voting and e-voting during the meeting).

Additional Meeting Proceedings

The Chairman, Mr. Krishnaswamy Vijay, delivered a speech on the business operations and financial performance for FY 2025-26. It was noted that the Statutory Auditors had expressed an unqualified opinion on their reports for the financial year. Five members registered as speakers, and a question-and-answer session was facilitated by a moderator. The facility for appointment of proxies was not applicable as the meeting was held virtually.

Compliance and Submission of Results

The results of the e-voting, along with the Scrutinizer's Report, will be submitted to the Stock Exchanges (BSE Limited and National Stock Exchange of India Limited) and placed on the Company's website (https://www.ajaxengg.com/investor-relations) within the prescribed timelines. The meeting was conducted in compliance with the Companies Act, 2013, and relevant circulars issued by the MCA and SEBI.