Meeting Details

  • Date: Wednesday, August 19, 2026
  • Time: 11:00 AM IST to 12:05 PM IST
  • Type: Annual General Meeting (AGM)
  • Mode: Video Conferencing (VC)
  • Deemed Venue: Registered Office of the Company
  • Compliance: Conducted in accordance with circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI), and provisions of the Companies Act, 2013.

Attendees

Directors Present through VC:

  • Ms. Neelam Dhawan - Non-executive Independent Director (Chairperson of the Board and Chairperson of Stakeholder Relationship Committee)
  • Mr. Kaushik Dutta - Non-executive Independent Director (Chairperson of Audit Committee & Risk Management Committee)
  • Mr. Sanjay Nayak - Non-executive Independent Director (Chairperson of Nomination and Remuneration Committee)
  • Mr. Tarun Sanjay Mahta - Executive Director & CEO
  • Mr. Swapnil Babanlal Jain - Executive Director & CTO
  • Mr. Ram Kuppuswamy - Non-executive Director
  • Mr. Vivek Anand - Non-executive Director

Key Managerial Personnel Present through VC:

  • Mr. Sohil Dilipkumar Parekh - Chief Financial Officer
  • Ms. Puja Aggarwal - Company Secretary & Compliance Officer

Present by Invitation through VC:

  • Mr. Gurvinder Singh - Partner, Deloitte Haskins & Sells, Statutory auditors
  • Mr. Biswajith Ghosh - Partner, M/s. BMP & Co LLP, Secretarial Auditor & Scrutinizer for E-voting

Members Present:

66 Members were present at the AGM through VC.

Summary of Proposed Resolutions

Ordinary Business:

1. To consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon (Ordinary Resolution)

2. To appoint a director in place of Mr. Ram Kuppuswamy (DIN: 09817635), who retires by rotation and being eligible, offers himself for re-appointment (Ordinary Resolution)

3. Re-appointment of M/s. Deloitte Haskins & Sells, Chartered Accountants, as Statutory Auditors of the Company (Ordinary Resolution)

Special Business:

4. Extension of the benefits of 'Amended and Restated Ather Energy ESOP Plan 2025' to the employees of subsidiary companies (Special Resolution)

Voting Process and Methods

  • The Company provided the facility for shareholders to cast votes electronically on all resolutions through the e-voting system provided by NSDL.
  • Shareholders could cast votes remotely prior to the AGM or during the meeting itself.
  • The e-voting facility remained open for 30 minutes after the meeting concluded at 12:05 PM.
  • Mr. Biswajit Ghosh, Partner of BMP & Co. LLP, was appointed as the Scrutinizer for supervising the e-voting process.
  • Shareholders who had already voted remotely could attend the AGM but were not entitled to cast their votes again.

Key Voting Outcomes

  • The document states that voting results along with the scrutinizer's report will be made available on the Company's website and disseminated to the Stock Exchanges in accordance with applicable laws.
  • The resolutions shall be deemed to be passed subject to the receipt of the requisite number of votes.
  • Specific voting numbers, percentages, or category-wise participation breakdowns are not provided in this proceedings document.

Scrutinizer's Role and Findings

  • Mr. Biswajit Ghosh was appointed as Scrutinizer for supervising the e-voting process.
  • The scrutinizer's report and results were pending at the time of this proceedings document and were to be published subsequently.

Business Highlights and Management Presentations

  • The Chairperson, Ms. Neelam Dhawan, delivered a speech capturing key highlights of FY 2025-26, noting progress across product and technology platforms and investments in manufacturing and capacity at AURIC.
  • Mr. Tarun Sanjay Mehta, Executive Director & CEO, addressed shareholders highlighting business operations, financial performance, market share, product portfolio, network expansion, and strategic growth outlook.
  • Management highlighted expansion of operations into Nepal and Sri Lanka and opportunities in international markets.
  • A detailed update was provided on the first product on the EL platform - Konarc, along with its launch timelines.

Compliance Confirmation

  • The meeting was conducted in compliance with circulars issued by MCA and SEBI and applicable provisions of the Companies Act, 2013.
  • The statutory registers along with documents referred to in the AGM notice were available for inspection by shareholders during the AGM.
  • The Chairperson confirmed that there were no qualifications, observations or comments in the Auditor's report on financial statements that could have any adverse effect on the functioning of the Company.

Additional Information

  • The AGM notice dated July 27, 2026, along with financial statements and reports, had been circulated to shareholders prior to the meeting.
  • A live streaming of the meeting was webcast on the website of NSDL.
  • Shareholders were given opportunity to ask questions during the meeting, with 66 members present.
  • The proceedings concluded at 12:05 PM IST.