Meeting Details
- Date: Friday, August 14, 2026
- Time: 2.30 p.m. to 5.10 p.m. (IST)
- Location: Conducted through Video Conferencing or Other Audio-Visual Means
- Type: Annual General Meeting (AGM)
- Chair: Mr. Dheeraj G Hinduja, Chairman of the Company
Attendees
Directors Present:
- Mr. Dheeraj G Hinduja (Chairman)
- Mr. K Sridharan (Chairman of Audit Committee)
- Mr. Saugata Gupta (Chairman of Nomination & Remuneration Committee)
- Dr. V Sumantran (Chairman of Stakeholders Relationship Committee)
- Mr. Thomas Dauner
- Mr. Sven Christoph Ennerst
- Ms. Geeta Mathur
- Mr. Sanjay K Asher
- Mr. Shom A Hinduja
- Mr. Shenu Agarwal (Managing Director and Chief Executive Officer)
- Mr. K M Balaji (Whole-time Director and Chief Financial Officer)
Key Managerial Personnel:
- Mr. N Ramanathan (Company Secretary)
Other Attendees:
- Representatives of the Company's Statutory Auditors
- Representatives of the Secretarial Auditors
Resolutions Voted Upon
The AGM considered seven ordinary resolutions for voting:
| S.No. | Particulars | Type of Resolution |
| 1. | Adoption of: a) the Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors; b) the Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of Auditors | Ordinary |
| 2. | Confirmation of the 1st interim dividend of ₹1 per equity share and the 2nd interim dividend of ₹2.50 per equity share and consider the same as final dividend for FY ended March 31, 2026 | Ordinary |
| 3. | Appointment of Mr. Shom Ashok Hinduja (DIN: 07128441) who retires by rotation and offers himself for re-appointment | Ordinary |
| 4. | Ratification of remuneration payable to Cost Auditors, Messers. Geeyes & Co., Cost & Management Accountants (Firm Registration No. 000044) for FY ended March 31, 2026 | Ordinary |
| 5. | Approval of payment of remuneration to Non-Executive Directors not exceeding one percent per annum of net profits in accordance with Section 198 of Companies Act, 2013 for five years commencing from FY 2026-27 | Ordinary |
| 6. | Re-appointment of Mr. Dheeraj G Hinduja (DIN: 00133410) as Executive Chairman (Whole-time) for three years from November 26, 2026 to November 25, 2029 | Ordinary |
| 7. | Appointment of Mr. K M Balaji (DIN: 08064743) as Director designated as "Whole-time Director and Chief Financial Officer" for two years from May 28, 2026 to May 27, 2028 | Ordinary |
Voting Process and Methods
- Remote e-voting process was explained by the Company Secretary
- Members registered as 'Speakers' were invited to comment and ask questions
- Members who had not voted by e-voting were informed they could cast votes through the e-voting platform provided by National Securities Depository Limited (NSDL)
Member Queries and Responses
Members raised queries regarding:
- Business performance
- Technology developments
- Electric vehicle segment
- Performance of the Company and Subsidiaries
- CAPEX (Capital Expenditure)
- CSR (Corporate Social Responsibility)
The Chairman clarified/answered these queries during the meeting. Members were advised to contact the Company Secretary for responses to any unanswered queries.
Voting Results Disclosure
- Consolidated results of remote e-voting and voting during AGM to be intimated to Stock Exchanges within two working days from conclusion of AGM (on or before August 18, 2026)
- Results will be posted on the website of the Company and NSDL
Compliance and Statutory Requirements
- Statutory registers were made available to members for inspection
- The meeting was conducted in compliance with Circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India
- Requisite quorum was present for the meeting