Atul Auto Limited held its Thirty Eighth Annual General Meeting (AGM) on Friday, September 18, 2026 at 03:30 p.m. (IST) through Video Conference/Other Audio Visual Means without physical presence of members. The meeting concluded at 04:13 pm.

The meeting was conducted in compliance with the Companies Act, 2013 and relevant circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI).

Mr. Neeraj Chandra, Managing Director of the Company, chaired the meeting. Dr. Vijay Kedia (Non-Executive Director) and Dr. Kamalkishore Vora (Independent Director and chairman of Nomination and Remuneration Committee) could not attend due to pre-scheduled travel. Mrs. Honey Sethi acted on behalf of Dr. Kamalkishore Vora.

Other attendees included:

  • Mr. Paras Viramgama, Company Secretary & Compliance Officer
  • CA Kapil Sanghvi, Partner, M/s. Maharishi & Co (Statutory Auditors)
  • Mr. Hardik Hudda, Secretarial Auditor (appointed as scrutinizer)

Agenda Items and Resolutions

The following eight resolutions were put to members for e-voting:

Ordinary Business:

1. Consideration and adoption of audited standalone financial statements for FY ended March 31, 2026 with Board's Report and Auditors' Reports - Ordinary Resolution

2. Consideration and adoption of audited consolidated financial statements for FY ended March 31, 2026 with Auditors' Reports - Ordinary Resolution

3. Declaration of final dividend on equity shares for financial year 2025-26 - Ordinary Resolution

4. Re-appointment of Shri Neeraj J Chandra (DIN:00065159) as Director retiring by rotation - Ordinary Resolution

Special Business:

5. Re-appointment of Shri Mahendra J Patel (DIN:00057735) as Whole-Time Director and Chief Financial Officer - Ordinary Resolution

6. Re-appointment of Shri Gurudeo Madhukar Yadwadkar (DIN:01432796) as Independent Director - Special Resolution

7. Lease of Company's manufacturing unit (Land + Building) at Shapar (Veraval), Rajkot - Special Resolution

8. Approval of Material Related Party Transaction(s) with Khushbu Auto, a related party - Ordinary Resolution

Meeting Proceedings

Mr. J V Adhia, President - Finance, provided a brief overview of the Company's financial performance for the year ended March 31, 2026.

For Agenda Item No. 4 (re-appointment of Mr. Neeraj J. Chandra), Mr. Chandra vacated the chair, and Mrs. Honey Sethi, Independent Director, assumed the chair for consideration of this item.

The meeting included a Q&A session where registered speaker members asked questions, which were responded to by Mr. J V Adhia under the Chairman's instructions.

Voting and Results

The e-voting facility remained available until 15 minutes after the conclusion of the AGM. The results of e-voting along with the scrutinizer's report were to be communicated to BSE and NSE within two working days from the meeting conclusion and placed on the company's website (www.atulauto.co.in) and NSDL's website (www.evoting.nsdl.com).