Date, Location, and Type of Meeting

The 33rd AGM was held on Friday, July 3, 2026, from 03:30 P.M. to 04:34 P.M. (IST). The meeting was conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), as permitted by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI), in accordance with the Companies Act, 2013 and its rules.

Summary of Proposed Resolutions and Implications

The following ordinary business items were transacted at the meeting:

  • Adoption of the Audited standalone and consolidated financial statements for the financial year ended March 31, 2026, together with the reports of Board of Directors and the Auditors thereon.
  • Confirmation of the payment of interim dividend of ₹8 per equity share and declaration of final dividend of ₹14 per equity share (face value ₹10) for FY 2025-26, resulting in a total dividend of ₹22 per share.
  • Appointment of Mr. Mehul Pandya (DIN: 07610232), who retired by rotation, as a director.
  • Re-appointment of M/s. B S R & Co. LLP, Chartered Accountants (Firm Registration No. 101248W/W-100022) as Statutory Auditors of the Company.

Voting Process and Methods Used

The Company provided two methods for voting:

1. Remote e-voting facility provided by National Securities Depository Limited (NSDL) for members to cast votes electronically before the meeting.

2. E-voting during the AGM for members who attended but had not cast their vote remotely.

The Board appointed Mr. Mitesh Dhabliwala of M/s Parikh & Associates, Company Secretary in Practice, as the Scrutinizer to ensure a fair and transparent voting process.

Key Voting Outcomes

The document states that all resolutions set out in the Notice were passed with the requisite majority. However, specific vote counts, percentages, or category-wise participation breakdowns are not provided in this summary. The Scrutinizer's report containing detailed results was to be announced to the stock exchanges and published on the company's website (www.careedge.in) and NSDL's website (www.evoting.nsdl.com) within two working days of the meeting's conclusion.

Scrutinizer's Role and Conclusions

Mr. Mitesh Dhabliwala was appointed to scrutinize both the remote e-voting and e-voting during the AGM process. His report, which would contain the final findings and conclusions, was to be submitted after the meeting.

Compliance with Laws and Regulations

The meeting was conducted in compliance with circulars issued by MCA and SEBI, and the applicable provisions of the Companies Act, 2013. The Notice of the AGM was sent to members in accordance with these regulations. The Statutory Auditors' Report and Secretarial Auditors' Report contained no qualifications or adverse comments.

Names and Roles of Signatories

The document is signed by Mr. Manoj Kumar CV, Company Secretary & Compliance Officer of CARE Ratings Limited.

Additional Information

The following directors were present at the AGM:

  • Mr. V. Chandrasekaran, Non-Executive Chairman and Independent Director (Chairperson)
  • Mr. G. Mahalingam, Independent Director
  • Mr. Manoj Chugh, Independent Director
  • Mr. Rajiv Bansal, Independent Director
  • Ms. Indrani Banerjee, Independent Director
  • Mr. Mehul Pandya, Managing Director & Group CEO

Dr. Bimal Patel, Independent Director, could not attend due to an exigency. The Chairperson of all Board Committees also attended via video conferencing. The meeting had the requisite quorum present throughout its duration.