Meeting Details

The 38th Annual General Meeting of Damodar Industries Limited was held on Saturday, August 08, 2026 from 11:30 A.M. to 12:27 P.M. through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting was conducted in compliance with Ministry of Corporate Affairs circulars, SEBI regulations, and Companies Act, 2013 provisions.

Attendance

Directors Present:

  • Mr. Arunkumar Biyani - Chairman
  • Mr. Aman Biyani - Managing Director
  • Mr. Aditya Biyani - Non-Executive Director
  • Mr. Ketan K. Patel - Non-Executive Independent Director
  • Mr. Suresh Narayan Nayak - Non-Executive Independent Director

Officials Present:

  • Mr. Subrat Shukla - Company Secretary and Compliance Officer
  • Mr. Sheetal Prashad Singhal - Chief Financial Officer

External Participants:

  • Mr. Pramod Kumar Jain - Practicing Company Secretary, Secretarial Auditor
  • Mr. Vishal Manseta - Practicing Company Secretary, Scrutinizer

Meeting Proceedings

Mr. Arunkumar Biyani chaired the meeting. The Company Secretary confirmed requisite quorum was present. Statutory registers, Auditors Report, Secretarial Audit Report, and other required documents were available for electronic inspection. The notice convening the 38th AGM was taken as read. There were no qualifications in the Statutory Auditors' report or Secretarial Auditor's report.

Voting Arrangements

Remote e-voting facility was provided through MUFG Intime India Private Limited. The voting period was from Wednesday, August 5, 2026 (9:00 a.m. IST) to Friday, August 7, 2026 (5:00 p.m. IST). E-voting during the AGM remained open for 15 minutes after the meeting conclusion. Mr. Vishal Manseta was appointed as Scrutinizer for both remote e-voting and e-voting during the AGM.

Shareholder Queries

Members registered as speakers posed questions on:

  • Capacity utilization
  • Growth triggers
  • New capacity turnover
  • Dividend
  • Debt
  • Interest cost
  • Management vision
  • Borrowing

Mr. Arunkumar Biyani, Chairman, replied to all queries raised by members.

Resolutions Considered

Ordinary Business:

1. To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2026 together with Reports of Board of Directors and Auditors

2. To appoint a Director in place of Mr. Aditya Biyani (DIN: 10304061), who retires by rotation and offered himself for re-election

Special Business:

3. To fix remuneration payable to the Cost Auditors for the financial year 2026-27

Outcome

The meeting concluded at 12:27 P.M. Voting results will be submitted to BSE Limited and National Stock Exchange of India Limited and made available on the company website and e-voting platform.