Meeting Details
The 38th Annual General Meeting was held on Friday, August 07, 2026, at 12:00 P.M. (IST) through Video Conferencing/Other Audio Visual Means in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI.
Attendance
Directors and Key Managerial Personnel in Attendance:
- Mr. Kuldip Singh Rathee, Chairman and Managing Director
- Mrs. Vijay Rathee, Non-Executive Non-Independent Director
- Mr. Prashant Rathee, Joint Managing Director
- Mr. Aman Rathee, Joint Managing Director
- Mr. Rajesh Kataria, Executive Director
- Mrs. Deepti Sehgal, Independent Director and Chairperson of Audit Committee and Corporate Social Responsibility Committee
- Mr. Kumaresh Chandra Misra, Independent Director and Chairperson of Nomination & Remuneration Committee and Stakeholders' Relationship Committee
- Mr. Vinay Kumar Piparsania, Independent Director
- Mr. Rajan Wadhera, Independent Director
- Mr. Naresh Kumar, Chief Financial Officer
- Ms. Rajani Sharma, Company Secretary & Compliance Officer
Mr. Yogesh Kapur, Independent Director and Chairman of Risk Management Committee, was unable to attend due to prior commitments.
Representatives of the Company's Statutory Auditors (Walker Chandiok & Co. LLP), Secretarial Auditors (Mehta & Mehta Company Secretaries), Internal Auditors (Ernst and Young LLP), and Cost Auditor (Kashyap Kumar & Associates) were also present.
Quorum:
A total of 127 members attended the AGM.
Proposed Resolutions
Ordinary Business:
1. To consider and adopt: (a) the Audited Standalone Financial Statements for FY ended March 31, 2026, and reports of Board of Directors and Auditors; and (b) the Audited Consolidated Financial Statements for FY ended March 31, 2026, and report of Auditors (Ordinary Resolution)
2. To declare final dividend on equity shares for FY ended March 31, 2026 (Ordinary Resolution)
3. To re-appoint Mrs. Vijay Rathee (DIN: 00042731) as Director liable to retire by rotation (Ordinary Resolution)
4. To re-appoint Mr. Rajesh Kataria (DIN: 08528643) as Director liable to retire by rotation (Ordinary Resolution)
Special Business:
5. To ratify the remuneration of Cost Auditors for FY 2026-27 (Ordinary Resolution)
Voting Process
The Company utilized NSDL services for remote e-voting and participation through VC/OAVM. Remote e-voting was available from August 3, 2026 (9:00 a.m.) to August 6, 2026 (5:00 p.m.). Voting during the AGM was conducted electronically as voting by show of hand was not permitted in the virtual format.
Scrutinizer Appointment
Mr. Vinod Kumar Aneja, Company Secretary (Membership No. FCS 5740) of M/s. Vinod Kumar & Co., Company Secretaries, was appointed as Scrutinizer to scrutinize the entire e-voting process in a fair and transparent manner.
Document Availability
The Register of Directors and Key Managerial Personnel and their shareholding (Section 170), Register of Contracts or arrangements in which directors are interested (Section 189), and other relevant documents were available for electronic inspection during the AGM.
Meeting Proceedings
The meeting included shareholder Q&A session with pre-registered "Speakers" shareholders. The meeting concluded at 1:39 PM (including e-voting period).
Compliance and Results Declaration
The results along with scrutinizer's report will be placed on the Company's website (www.askbrake.com), NSDL website, and notice boards at registered and corporate offices, and communicated to BSE and NSE. Resolutions will be deemed passed on the AGM date subject to receipt of requisite votes.