Elin Electronics 44th AGM Approves All Resolutions Unanimously

Meeting Details

• Date: Monday, September 28, 2026
• Time: Commenced at 10:30 AM (IST) and concluded at 10:51 AM (IST)
• Location: Held through Video Conferencing/Other Audio Visual Means, deemed to be at the Registered Office at 4771, Bharat Ram Road, 23 Daryaganj, New Delhi-110002
• Type: 44th Annual General Meeting

Attendees

The following individuals attended the meeting through VC/OAVM:

• Mr. Mangilall Sethia (DIN: 00081367) - Executive Director and Chairman (from Registered Office, New Delhi)
• Mr. Kamal Sethia (DIN: 00081116) - Managing Director and Chairman of CSR Committee (from Registered Office, New Delhi)
• Mr. Sanjeev Sethia (DIN: 00354700) - Executive Director (from Ghaziabad Plant)
• Mr. Sumit Sethia (DIN: 00831799) - Executive Director (from Goa Plant)
• Dr. Shantilal Sarnot (DIN: 01899198) - Independent Director (from New Delhi)
• Mr. Ashis Chandra Guha (DIN: 09352987) - Independent Director (from Bengaluru)
• Ms. Shilpa Baid (DIN: 08538622) - Independent Director (from New Delhi)
• Ms. Priyanka Jain (DIN: 00618931) - Independent Director (from New Delhi)
• Mr. Raj Karan Chhajer - Chief Financial Officer (from Registered Office, New Delhi)
• Mr. Akash Sethia - Head of Strategies (from New Delhi)
• Ms. Lata Rani Pawa - Company Secretary and Compliance Officer (from Registered Office, New Delhi)
• Mr. Shivam Malhotra - Senior Manager, M/s. S.R. Batliboi & Co. LLP (Statutory Auditors)
• Mr. Nishant Bhansali - Partner, M/s. Oswal Sunil & Company (Internal Auditors)
• Mr. Pramod Prasad Agarwal - Proprietor, M/s. P.P. Agarwal & Co. (Secretarial Auditor and Scrutinizer)

Total of 45 members were present including 13 members from Promoter and Promoter group.

Proposed Resolutions and Implications

The AGM considered and voted on the following resolutions:

Ordinary Businesses:

1. To receive, consider and adopt the: a) Audited Standalone Financial Statements for FY2025-26 with Board's and Auditors' Reports; b) Audited Consolidated Financial Statements for FY2025-26 with Auditors' Report

2. To appoint a Director in place of Mr. Mangilall Sethia (DIN: 00081367) who retires by rotation

3. To appoint a Director in place of Mr. Kamal Sethia (DIN: 00081116) who retires by rotation

Special Businesses:

4. To approve re-appointment of Dr. Shanti Lal Sarnot (DIN: 01899198) as Independent Director for second term of five years (September 30, 2026 to September 29, 2031)

5. To approve re-appointment of Mr. Ashis Chandra Guha (DIN: 09352987) as Independent Director for second term of five years (October 8, 2026 to October 7, 2031)

6. To ratify remuneration of Cost Auditors for FY2027 amounting to ₹75,000 plus out-of-pocket expenses and GST

Voting Process and Methods

The Company provided remote e-voting facility through Central Depository Services (India) Limited (CDSL). The remote e-voting period commenced on Friday, September 25, 2026 at 9:00 AM and ended on Sunday, September 27, 2026 at 5:00 PM. Members who had not voted through remote e-voting could cast their votes through e-voting facility during the AGM. Mr. Pramod Prasad Agarwal from M/s. P.P. Agarwal & Co. was appointed as Scrutinizer to conduct the voting process in a fair and transparent manner.

Key Voting Outcomes

All resolutions received 100% votes in favor with negligible votes against:

• Resolution 1 (Ordinary): 100% in favor - Adoption of Financial Statements
• Resolution 2 (Ordinary): 100% in favor - Re-appointment of Mr. Mangilall Sethia
• Resolution 3 (Ordinary): 100% in favor - Re-appointment of Mr. Kamal Sethia
• Resolution 4 (Special): 100% in favor - Re-appointment of Dr. Shanti Lal Sarnot
• Resolution 5 (Special): 100% in favor - Re-appointment of Mr. Ashis Chandra Guha
• Resolution 6 (Ordinary): 100% in favor - Ratification of Cost Auditors' remuneration

The Scrutinizer submitted his report on September 28, 2026, and the results were declared on the same date.

Participation Breakdown

The document mentions that 45 members were present including 13 members from Promoter and Promoter group, but does not provide detailed category-wise voting breakdown by Promoters, Public, and Institutions.

Scrutinizer's Role and Findings

Mr. Pramod Prasad Agarwal from M/s. P.P. Agarwal & Co., Company Secretaries (CP No. 10566) was appointed as Scrutinizer. He carried out scrutiny of all electronic votes received up to the closure of remote e-voting period and votes cast during the AGM. The Scrutinizer submitted his report on September 28, 2026, confirming that all resolutions were approved with 100% votes in favor.

Compliance Confirmation

The meeting was conducted in compliance with the Companies Act, 2013 and circulars issued by the Ministry of Corporate Affairs and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company Secretary confirmed that all required documents including the Register of Directors and KMP, Register of contracts, and other documents referred to in the notice were available for inspection on the company website during the AGM.

Additional Information

The AGM Notice, Standalone and Consolidated Financial Accounts for FY2025-26, Board's Report and Auditor's Report were sent electronically to all members whose email IDs were registered with the Company/RTA or Depositories as on Friday, August 28, 2026. Physical copies of Annual Reports were not sent as permitted by MCA. The Chairman briefed shareholders about the company's performance for FY2025-2026 during the meeting.