Meeting Details

The 35th Annual General Meeting of Cords Cable Industries Limited was held on Monday, September 28, 2026 at 10:00 A.M. at International Society for Krishna Consciousness (ISKCON), Hare Krishna Hills, Sant Nagar Main Road, East of Kailash, New Delhi - 110065.

Attendance

Directors Present:

  • Mr. Naveen Sawhney (Managing Director)
  • Mr. Pawan Kumar Maheswari (Whole Time Director)
  • Mrs. Eila Bhatia (Independent Director)

In Attendance:

  • Mr. Varun Sawhney (Vice President - Marketing, IT & HR)
  • Mr. Gaurav Sawhney (Vice President - Finance & Banking)
  • Mr. Sandeep Kumar (Chief Financial Officer)
  • Mrs. Garima Pant (Company Secretary & Compliance Officer)

Other Invitees:

  • Mr. Vinay Tripathi (Partner, M/s Alok Misra & Co., Statutory Auditors)
  • Mr. Kapoor Chand Garg (Scrutinizer, Proprietor of M/s KCG & Associates)

Members Present:

Total members as on record date (September 21, 2026): 20,875

Attendance:

  • Promoter & Promoter Group: 115 members
  • Public: 165 members
  • Total: 170 members

Voting Process

The company provided remote e-voting facility through MUFG Intime India Private Limited from September 25, 2026 (9:30 A.M.) to September 27, 2026 (5:00 P.M.). Members could also vote by ballot paper at the AGM. Mr. Kapoor Chand Garg was appointed as Independent Scrutinizer.

Voting Results Summary

All resolutions from item no. 01 to 10 were passed with requisite majority except resolution no. 8 and resolution no. 9.

Detailed Resolution Outcomes

Resolution 1: Adoption of Financial Statements

Type: Ordinary Resolution

Result: PASSED

Voting Details:

  • Total shares voted: 7,066,218 (54.66% of outstanding shares)
  • Votes in favor: 7,066,218 (100%)
  • Votes against: 0

Resolution 2: Declaration of Final Dividend

Type: Ordinary Resolution

Result: PASSED

Description: Declaration of final dividend of 12% (₹1.20 per equity share of face value ₹10 each) for Financial Year 2025-26

Financial Impact: ₹1.55 crores aggregate dividend payout on 12,927,780 equity shares

Voting Details:

  • Total shares voted: 7,066,218 (54.66% of outstanding shares)
  • Votes in favor: 7,066,218 (100%)
  • Votes against: 0

Resolution 3: Re-appointment of Director

Type: Ordinary Resolution

Result: PASSED

Description: Re-appointment of Mr. Pawan Kumar Maheswari (DIN: 10238911) who retired by rotation

Voting Details:

  • Total shares voted: 7,066,218 (54.66% of outstanding shares)
  • Votes in favor: 7,066,218 (100%)
  • Votes against: 0

Resolution 4: Appointment of Statutory Auditors

Type: Ordinary Resolution

Result: PASSED

Description: Appointment of M/s GVKN & Associates, Chartered Accountants (Firm Registration No. 016479N) as Statutory Auditors for 5 years until 40th AGM

Voting Details:

  • Total shares voted: 7,066,218 (54.66% of outstanding shares)
  • Votes in favor: 7,066,218 (100%)
  • Votes against: 0

Resolution 5: Ratification of Cost Auditors' Remuneration

Type: Ordinary Resolution

Result: PASSED

Description: Ratification of remuneration of ₹1,17,700 plus out-of-pocket expenses and applicable taxes payable to M/s S Chander & Associates, Cost Accountants (Firm Registration No. 100105) for FY 2026-27

Voting Details:

  • Total shares voted: 7,066,218 (54.66% of outstanding shares)
  • Votes in favor: 7,066,218 (100%)
  • Votes against: 0

Resolution 6: Appointment of Whole-time Director

Type: Special Resolution

Result: PASSED

Description: Appointment of Mr. Pawan Kumar Maheswari (DIN: 10238911) as Whole-time Director from September 29, 2026 to AGM 2027

Remuneration Details:

  • Salary: ₹1,98,700 per month
  • Provident Fund: ₹1,800 per month
  • Helper reimbursement: Up to ₹18,000 per month
  • Gratuity: As per company rules
  • Leave encashment: As per company rules
  • Free mobile phone facility

Voting Details:

  • Total shares voted: 7,066,218 (54.66% of outstanding shares)
  • Votes in favor: 7,066,218 (100%)
  • Votes against: 0

Resolution 7: Increase in Managing Director's Remuneration

Type: Special Resolution

Result: PASSED

Description: Increase in remuneration of Mr. Naveen Sawhney (DIN: 00893704), Managing Director effective July 1, 2026

Remuneration Details:

  • Fixed Salary: ₹18,49,200 per month
  • Commission: 2% of net profits (subject to Board approval)
  • Insurance/Mediclaim: Up to ₹20,00,000 per annum
  • Leave Travel Concession: Once a year for self and family
  • Gratuity: As per company rules
  • Leave encashment: At end of tenure
  • Car & driver provided
  • Free phone, internet, and communication facilities

Voting Details:

  • Total shares voted: 7,066,218 (54.66% of outstanding shares)
  • Votes in favor: 6,899,762 (97.64%)
  • Votes against: 166,456 (2.36%)

Resolution 8: Dearness Allowance for Related Party (NOT PASSED)

Type: Ordinary Resolution

Result: NOT PASSED

Description: Payment of Dearness Allowance (not exceeding 10% of basic salary) to Mr. Varun Sawhney, Vice President (Marketing, IT & HR)

Voting Details:

  • Promoter group abstained from voting (6,780,142 shares)
  • Total shares voted: 286,076 (2.21% of outstanding shares)
  • Votes in favor: 119,620 (41.81%)
  • Votes against: 166,456 (58.19%)

Resolution 9: Dearness Allowance for Related Party (NOT PASSED)

Type: Ordinary Resolution

Result: NOT PASSED

Description: Payment of Dearness Allowance (not exceeding 10% of basic salary) to Mr. Gaurav Sawhney, Vice President (Finance & Banking)

Voting Details:

  • Promoter group abstained from voting (6,780,142 shares)
  • Total shares voted: 286,076 (2.21% of outstanding shares)
  • Votes in favor: 119,620 (41.81%)
  • Votes against: 166,456 (58.19%)

Other Meeting Proceedings

The Chairman addressed members about company performance for FY ended March 31, 2026, and future outlook. The CFO highlighted financial performance. Members raised queries which were addressed by the CFO. The meeting concluded at 10:30 A.M. on September 28, 2026.