Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Meeting Details
- Date: Wednesday, 30th September 2026
- Time: 11:00 A.M. (IST)
- Location: Conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
- Type: 21st Annual General Meeting
- Cut-off Date: Wednesday, September 23, 2026 (for determining shareholders entitled to vote)
- Deemed Venue: Registered Office of the Company
Summary of Proposed Resolutions and Implications
Ordinary Business
Item 1: Adoption of audited financial statements for FY 2025-26 and reports of Board of Directors and Auditors thereon, including consolidated financial statements.
Item 2: Re-appointment of Mr. Raghav Agarwal (DIN: 08450843) as Director who retires by rotation.
Special Business
Item 3: Ratification of remuneration of ₹2,40,000 payable to M/s Chandra Wadhwa & Co. as Cost Auditor for FY 2026-27.
Item 4: Re-appointment of Mr. Mohan Agarwal (DIN: 00595232) as Managing Director for 5 years from 10th August 2026.
Item 5: Re-appointment of Mr. Akshay Agarwal (DIN: 07175149) as Whole-time Director for 5 years from 10th August 2026 with revised remuneration terms.
Item 6: Re-appointment of Mr. Raghav Agarwal (DIN: 08450843) as Whole-time Director for 5 years from 10th August 2026 with revised remuneration terms.
Item 7: Re-appointment of Mr. Gyanmohan (DIN: 07816704) as Independent Director for second term of 5 years from 10th August 2026 (Special Resolution).
Item 8: Re-appointment of Mr. Balvinder Kumar (DIN: 01647940) as Independent Director for second term of 5 years from 10th August 2026 (Special Resolution).
Item 9: Re-appointment of Ms. Rashmi Verma (DIN: 09268810) as Independent Director for second term of 5 years from 10th August 2026 (Special Resolution).
Item 10: Regularization of appointment of Mr. Ankur Singh (DIN: 02712564) as Executive Director from 10th August 2026.
Item 11: Appointment of M/s. Deepak Goel & Associates as Secretarial Auditor for 5 years from FY 2026-27 to FY 2030-31 at remuneration of ₹80,000 for FY 2026-27.
Item 12: Approval for payment of performance-linked commission of ₹10,00,000 each to four Independent Directors for FY 2026-27.
Item 13: Approval for payment of performance bonus to Executive Directors with overall ceiling of ₹10,00,00,000 per financial year.
Item 14: Approval for increase in limit of investment, securities and guarantee under Section 186 to ₹1500 Crore (Special Resolution).
Item 15: Approval for increase in borrowing limit to ₹2000 Crore under Section 180(1)(a) and 180(1)(c) (Special Resolution).
Item 16: Alteration of Article 58 of Articles of Association to include 'and to give guarantee' after 'Power of the Board to borrow monies' (Special Resolution).
Voting Process and Methods
- Remote E-voting Period: Sunday, September 27, 2026 (09:00 A.M.) to Tuesday, September 29, 2026 (05:00 P.M.)
- E-voting Service Provider: KFintech
- Voting Methods: Remote e-voting prior to meeting and e-voting during AGM
- Individual Demat Holders: Can vote through depository websites (NSDL/CDSL) using demat credentials
- Physical/Non-individual Shareholders: Receive login credentials from KFintech via email
- Scrutinizer: Mr. Deepak Goel, Practicing Company Secretary appointed to conduct voting process
- Voting Rights: Proportional to shareholding as on cut-off date (September 23, 2026)
Key Director Remuneration Details
- Mohan Agarwal (Managing Director): Current remuneration ₹2.18 Crore, no change proposed
- Akshay Agarwal (Whole-time Director): Current remuneration ₹1.20 Crore (including benefits), proposed ₹1.12 Crore (excluding benefits)
- Raghav Agarwal (Whole-time Director): Current remuneration ₹0.80 Crore (including benefits), proposed ₹1.12 Crore (excluding benefits)
- Independent Directors: Sitting fees ranging from ₹0.09-0.11 Crore for FY 2025-26, plus proposed performance commission of ₹10,00,000 each
Compliance Confirmation
The document confirms compliance with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies Act, 2013 and relevant rules
- MCA General Circular No. 20/2020 and 03/2025 for conducting AGM through VC/OAVM
- Secretarial Standard on General Meetings (SS-2)
Additional Information
- The notice and annual report are being sent electronically to members with registered email addresses
- Physical copies available on request to complianceofficer@cmr.co.in
- Documents available for inspection at registered office during working hours
- The company has five subsidiaries: CMR Nikkei India Pvt. Ltd., CMR-Toyotsu Aluminium India Pvt. Ltd., CMR NLM Eco Aluminium Pvt. Ltd., CMR Aluminium Pvt. Ltd., and CMR Welfare Foundation
- Results of electronic voting will be declared to stock exchanges and placed on company website after AGM