Meeting Details

  • Date: Friday, 18th September, 2026
  • Time: 3:00 PM IST
  • Location: Conducted entirely through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) with no physical meeting
  • Deemed Venue: Registered Office at A-2/10, 1st Floor, WHS DDA Marble Market, Kirti Nagar, New Delhi - 110015
  • Meeting Type: 41st Annual General Meeting

Proposed Resolutions and Implications

Ordinary Business

1. Adoption of Financial Statements: To receive, consider, and adopt audited Standalone and Consolidated Financial Statements for FY ended 31st March, 2026 along with Auditors' and Board of Directors' Reports.

2. Final Dividend Declaration: To declare final dividend of ₹2.00 per equity share for FY 2025-26.

3. Director Re-appointment: To appoint Mr. Shashank Srivastava (DIN: 00139273) who retires by rotation and offers himself for re-appointment.

4. Director Re-appointment: To appoint Mr. Kazuo Ninomiya (DIN: 11205921) who retires by rotation and offers himself for re-appointment.

Special Business

5. Cost Auditor Remuneration: To ratify remuneration of ₹1,75,000 per annum to M/s. Ashish & Associates, Cost Accountants (Firm Registration No. 103521) for auditing cost records for FY 2026-27.

6. Re-appointment of Whole-time Director: To re-appoint Mr. Masao Fukami (DIN: 09811031) as Deputy Managing Director - Technical & C.T.O. (Auto) for 4 years effective 1st January, 2027 with following remuneration:

  • Basic salary: ₹1,50,000 per month
  • Commission: Up to 1% of net profits
  • Perquisites: Housing, maintenance allowance, medical reimbursement, club fees, company car with driver, and phone

7. Related Party Transaction with AGC Asia Pacific: Approval for transactions up to ₹750 crores with AGC Asia Pacific Pte. Limited (promoter group company) during FY 2026-27.

8. Related Party Transaction with Maruti Suzuki: Approval for transactions up to ₹1,500 crores with Maruti Suzuki India Limited (promoter) during FY 2026-27.

9. Related Party Transaction with AIS Consumer Glass: Approval for transactions up to ₹600 crores with AIS Consumer Glass Solutions Limited (subsidiary) during FY 2026-27.

Voting Process and Methods

  • Remote e-voting period: Monday, 14th September, 2026 (9:00 AM) to Thursday, 17th September, 2026 (5:00 PM)
  • Cut-off date: Friday, 11th September, 2026
  • Voting methods:
  • Electronic voting through CDSL platform
  • Demat account holders can vote through their depository participants
  • Physical shareholders can vote through www.evotingindia.com
  • Voting during AGM for those who haven't voted remotely
  • Scrutinizer: Mr. Sundeep Kumar Parashar (Membership No. F6136, Certificate of Practice No. 6575) of SKP & Co., Company Secretaries

Compliance with Laws and Regulations

The notice confirms compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Ministry of Corporate Affairs circulars permitting virtual meetings
  • Secretarial Standard 2 issued by ICSI
  • All resolutions include necessary explanatory statements as per Section 102 of Companies Act, 2013

Additional Financial and Procedural Information

Dividend Information

  • Dividend payment date: On or after 24th September, 2026
  • Record date: 11th September, 2026
  • TDS provisions detailed for resident and non-resident shareholders
  • Unclaimed dividend details provided for financial years 2017-18 through 2024-25

Shareholder Services

  • Mandatory dematerialization of shares effective from 1st April, 2019
  • Special re-lodgement window for physical share transfers until 4th February, 2027
  • Simplified procedure for duplicate share certificates issuance
  • Online Dispute Resolution Portal available for investor grievances

Unclaimed Shares and Dividend

  • Financial Year 2017-18: ₹52,96,737.50 unclaimed dividend transferred covering 75,613 shares
  • Final Dividend 2018-19 to be transferred to IEPF during FY 2025-26
  • FY 2024-25 dividend of ₹46,03,540.00 transferred to IEPF on 14th March, 2026