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

ELGI EQUIPMENTS LIMITED

Meeting Details

The 66th Annual General Meeting of the Company was held on Friday, August 14, 2026 at 10:00 AM IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting was conducted in accordance with the provisions of Sections 108 & 109 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended), Regulation 44 of SEBI LODR Regulations, 2015, and relevant circulars issued by the Ministry of Corporate Affairs.

Voting Process and Methods

The Company provided two methods for shareholders to vote:

1. Remote e-voting: The remote e-voting period commenced on Tuesday, August 11, 2026 at 9:00 AM IST and ended on Thursday, August 13, 2026 at 5:00 PM IST.

2. E-voting at AGM: The e-voting platform was activated during the AGM for shareholders present through VC/OAVM who had not cast their vote through remote e-voting. The facility was disabled at the conclusion of the meeting.

The Company appointed Mr. M D Selvaraj, FCS, Managing Partner of M/s. MDS & Associates LLP, Company Secretaries, Coimbatore, as the Scrutinizer to conduct the voting process in a fair and transparent manner.

Proposed Resolutions and Voting Outcomes

Based on the Scrutinizer's report dated August 14, 2026, all seven resolutions set out in the Notice dated May 27, 2026 were duly passed with requisite majority:

Item No.1 – Ordinary Resolution

Adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026.

  • Total E-Votes Received: 399 members holding 19,76,16,763 shares
  • Invalid Votes: 2 members holding 616 shares
  • Net Valid E-Votes: 397 members holding 19,76,16,147 shares (100.00%)
  • Votes in Favor: 395 members holding 19,76,16,116 shares (100.00%)
  • Votes Against: 2 members holding 31 shares (Negligible)
  • Notes: One shareholder (10,222 shares) abstained; One shareholder (4,98,838 shares) partially voted in favor (4,94,491 shares) and abstained (4,347 shares)
Item No.2 – Ordinary Resolution

Declaration of dividend for FY ended March 31, 2026.

  • Total E-Votes Received: 401 members holding 19,76,26,985 shares
  • Invalid Votes: 2 members holding 616 shares
  • Net Valid E-Votes: 399 members holding 19,76,26,369 shares (100.00%)
  • Votes in Favor: 397 members holding 19,76,26,308 shares (100.00%)
  • Votes Against: 2 members holding 61 shares (Negligible)
  • Notes: One shareholder (80 shares) partially voted in favor (40 shares) and against (40 shares); One shareholder (4,98,838 shares) partially voted in favor (4,94,491 shares) and abstained (4,347 shares)
Item No.3 – Ordinary Resolution

Re-appointment of Mr. Anvar Jay Varadaraj (DIN: 07273942) as Director on retirement by rotation.

  • Total E-Votes Received: 404 members holding 19,76,26,905 shares
  • Invalid Votes: 2 members holding 616 shares
  • Net Valid E-Votes: 402 members holding 19,76,26,289 shares (100.00%)
  • Votes in Favor: 381 members holding 19,69,26,195 shares (99.65%)
  • Votes Against: 21 members holding 7,00,094 shares (0.35%)
  • Notes: Five shareholders (16,96,015 shares) partially voted in favor (15,80,690 shares) and against (1,15,325 shares); One shareholder (80 shares) abstained; One shareholder (4,98,838 shares) partially voted in favor (4,94,491 shares) and abstained (4,347 shares)
Item No.4 – Ordinary Resolution

Ratification of remuneration payable to M/s. STR & Associates (Firm Registration No. 000029), Cost Auditors for FY 2026-2027.

  • Total E-Votes Received: 398 members holding 19,76,26,904 shares
  • Invalid Votes: 2 members holding 616 shares
  • Net Valid E-Votes: 396 members holding 19,76,26,288 shares (100.00%)
  • Votes in Favor: 394 members holding 19,76,26,257 shares (100.00%)
  • Votes Against: 2 members holding 31 shares (Negligible)
  • Notes: Two shareholders (81 shares) abstained; One shareholder (4,98,838 shares) partially voted in favor (4,94,491 shares) and abstained (4,347 shares)
Item No.5 – Ordinary Resolution

Re-appointment of Mr. Anvar Jay Varadaraj (DIN: 07273942) as Executive Director for five years from August 2, 2026 to August 1, 2031.

  • Total E-Votes Received: 405 members holding 19,76,26,985 shares
  • Invalid Votes: 2 members holding 616 shares
  • Net Valid E-Votes: 403 members holding 19,76,26,369 shares (100.00%)
  • Votes in Favor: 379 members holding 19,69,05,087 shares (99.64%)
  • Votes Against: 24 members holding 7,21,282 shares (0.36%)
  • Notes: Five shareholders (16,96,015 shares) partially voted in favor (15,84,951 shares) and against (1,11,064 shares); One shareholder (4,98,838 shares) partially voted in favor (4,94,491 shares) and abstained (4,347 shares)
Item No.6 – Special Resolution

Appointment of Ms. Padmaja Alaganandan (DIN: 02867269) as Independent Director for first term of 5 years from May 27, 2026.

  • Total E-Votes Received: 368 members holding 18,90,53,743 shares
  • Invalid Votes: 2 members holding 616 shares
  • Net Valid E-Votes: 366 members holding 18,90,53,127 shares (100.00%)
  • Votes in Favor: 346 members holding 18,89,72,622 shares (99.96%)
  • Votes Against: 20 members holding 80,505 shares (0.04%)
  • Notes: One shareholder (4,98,838 shares) partially voted in favor (4,94,491 shares) and abstained (4,347 shares); Thirty-Two shareholders (85,73,242 shares) abstained
Item No.7 – Ordinary Resolution

Appointment of Mr. Varun Jay Varadaraj (DIN: 07972025) as Non-executive Non-Independent Director.

  • Total E-Votes Received: 405 members holding 19,76,26,985 shares
  • Invalid Votes: 2 members holding 616 shares
  • Net Valid E-Votes: 403 members holding 19,76,26,369 shares (100.00%)
  • Votes in Favor: 366 members holding 19,34,78,496 shares (97.90%)
  • Votes Against: 37 members holding 41,47,873 shares (2.10%)
  • Notes: Five shareholders (16,96,015 shares) partially voted in favor (15,80,690 shares) and against (1,15,325 shares); One shareholder (4,98,838 shares) partially voted in favor (4,94,491 shares) and abstained (4,347 shares)

Scrutinizer's Role and Findings

Mr. M D Selvaraj was appointed as Scrutinizer to conduct the remote e-voting and e-voting at the AGM. The scrutinizer unblocked the votes cast by shareholders on August 14, 2026 at 10:59 AM IST in the presence of two witnesses (Mr. S. Sarathraj and Mr. S. Kapilesh Bharadwaj) who are not employees of the Company. The scrutinizer maintained registers and submitted a combined report confirming the voting results.

Compliance Confirmation

The document confirms compliance with applicable laws and regulations including the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant MCA circulars. The facility of appointment of proxies was not made available as the meeting was held through VC/OAVM.