Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Container Corporation of India Ltd

Meeting Details

The 38th Annual General Meeting was held on Monday, 28th September 2026 at 3:00 PM IST through video conferencing (VC)/other audio visual means (OAVM). The meeting was deemed to be conducted at the Registered Office of the Company at CONCOR Bhawan, C-3, Mathura Road, Opp. Apollo Hospital, New Delhi-110076.

Proposed Resolutions and Implications

The AGM considered and voted on ten resolutions:

1. Ordinary Resolution: To receive, consider, approve and adopt the Audited Financial Statements (Standalone and Consolidated) for FY 2025-26

2. Ordinary Resolution: To confirm payment of three interim dividends and declare final dividend

3. Ordinary Resolution: Reappointment of Shri Vijoy Kumar Singh as Director (International Marketing & Operations)

4. Ordinary Resolution: Appointment of M/s. Hem Sandeep & Co. as Statutory Auditors and fix remuneration

5. Ordinary Resolution: Appointment of Shri Ajit Kumar Panda as Chairman and Managing Director

6. Ordinary Resolution: Appointment of Shri Rakesh Kumar Rousan as Part-time Govt. Director

7. Ordinary Resolution: Appointment of Shri Harbrinder Singh Bajwa as Director (Domestic Division) (Additional Charge)

8. Ordinary Resolution: Appointment of Shri Rahul Agarwal as Part-time Govt. Director

9. Ordinary Resolution: Appointment of Shri Vivek Gupta as Director (Finance)

10. Special Resolution: Appointment of Shri V. Kashiho Sangtam as Non-official Part Time Director

Voting Process and Methods

The Company provided two voting methods:

1. Remote e-voting facility through NSDL from 9:00 AM on 24th September 2026 to 5:00 PM on 27th September 2026

2. E-voting during the AGM on 28th September 2026 for members who hadn't voted remotely

The cut-off date for determining shareholders entitled to vote was 21st September 2026. As of this date, there were 352,661 shareholders eligible to vote.

Key Voting Outcomes

Overall Participation

  • Total outstanding shares: 761,617,935
  • Total votes polled: Approximately 682 million shares (89.5% of outstanding shares)
  • Maximum number of members who voted: 1,181

Resolution-wise Results:

Resolution 1 (Financial Statements Adoption)

  • Votes in favor: 635,958,350 (93.3229%)
  • Votes against: 45,501,943 (6.6771%)

Resolution 2 (Dividend Declaration)

  • Votes in favor: 665,125,043 (97.5211%)
  • Votes against: 16,906,613 (2.4789%)

Resolution 3 (Reappointment of Vijoy Kumar Singh)

  • Votes in favor: 625,019,366 (91.6410%)
  • Votes against: 57,011,165 (8.3590%)

Resolution 4 (Auditor Appointment)

  • Votes in favor: 665,311,041 (97.5486%)
  • Votes against: 16,719,203 (2.4514%)

Resolution 5 (Appointment of CMD)

  • Votes in favor: 634,167,844 (92.9823%)
  • Votes against: 47,862,712 (7.0177%)

Resolution 6 (Appointment of Part-time Govt. Director)

  • Votes in favor: 589,839,362 (86.5318%)
  • Votes against: 91,805,589 (13.4682%)

Resolution 7 (Appointment of Domestic Division Director)

  • Votes in favor: 652,613,251 (95.6868%)
  • Votes against: 29,417,280 (4.3132%)

Resolution 8 (Appointment of Part-time Govt. Director)

  • Votes in favor: 576,091,003 (84.5148%)
  • Votes against: 105,553,953 (15.4852%)

Resolution 9 (Appointment of Finance Director)

  • Votes in favor: 652,588,647 (95.6832%)
  • Votes against: 29,441,909 (4.3168%)

Resolution 10 (Special Resolution - Non-official Part Time Director)

  • Votes in favor: 592,487,857 (86.9203%)
  • Votes against: 89,157,158 (13.0797%)

Participation Breakdown by Shareholder Category

Promoter and Promoter Group

  • Shares held: 417,356,218 (54.8% of total)
  • Voting participation: 100% of promoter shares
  • Voted unanimously in favor of all resolutions

Public Institutional Holders

  • Shares held: 229,700,606 (30.2% of total)
  • Voting participation: 90.35% of institutional shares
  • Generally supported all resolutions with varying approval rates

Public Non-Institutional Holders

  • Shares held: 114,561,111 (15.0% of total)
  • Voting participation: 49.88% of non-institutional shares
  • Showed more variation in voting patterns across resolutions

Scrutinizer's Role and Findings

Shri Deepak Kumar of M/s Akhil Rohatgi & Company was appointed as Scrutinizer, with Shri Nagendra Kumar of M/s Amit Agrawal & Associates as alternate scrutinizer. The scrutinizer:

  • Carried out scrutiny of all electronic votes received
  • Submitted consolidated report dated 29th September 2026
  • Verified that all resolutions were passed with requisite majority
  • Maintained voting records in safe custody until minutes approval

Compliance with Laws and Regulations

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Companies (Management & Administration) Rules, 2014
  • SEBI (LODR) Regulations, 2015
  • MCA Circulars regarding virtual meetings (including Circular Nos. 14/2020, 17/2020, 20/2020, and 3/2025)