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

Emami Realty Limited

Meeting Details

The 18th Annual General Meeting was held on 29th September, 2026 through Video Conferencing / Other Audio Visual Means (VC/OAVM). The meeting commenced at 11:30 AM and concluded at 12:56 PM, including the 15-minute period allotted for e-voting during the AGM.

Proposed Resolutions and Implications

The meeting transacted both Ordinary and Special Business items as outlined in the Notice dated 13th August, 2026:

Ordinary Business:

1. Adoption of Audited Financial Statements (including Consolidated Financial Statements) for the financial year ended 31st March, 2026 and the reports of Directors and Auditors

2. Approval for reappointment of Mr. Rajesh Bansal (DIN: 00645035) who retires by rotation

Special Business:

3. Approval for appointment of Mr. Ram Krishna Agarwal (DIN: 00416964) as Non-Executive Non-Independent Director and his continuation of office on attaining age 75 years on 28th August, 2027

4. Approval to borrow money exceeding aggregate of paid-up share capital, free reserves and securities premium (excluding temporary bank loans), with total outstanding borrowings not to exceed ₹5,000 Crores at any time

5. Approval to create mortgages, charges and hypothecation on company properties with aggregate secured indebtedness not to exceed ₹5,000 Crores

6. Approval and ratification of payment of remuneration to M/s. V. K. Jain & Co., Cost Accountants (Firm Registration No 00049) for Financial Year 2026-27

7. Ratification and approval of Related Party Transaction with Orbit Projects Private Limited regarding slump sale/transfer of Project Undertaking during FY 2025-26

8. Ratification and approval of transactions/arrangements with Vijaybhan Investments and Consultancy Private Limited, a related party under SEBI Listing Regulations

Voting Process and Methods

The company provided electronic voting facilities for all resolutions. Members who had not cast votes electronically prior to the meeting were given opportunity to vote during the AGM and until 15 minutes after conclusion of the AGM.

Mr. Raj Kumar Banthia of M/s MKB & Associates, Practicing Company Secretaries, was appointed as Scrutinizer to ensure fair and transparent voting process.

Key Voting Outcomes

The document states that voting results along with the Scrutinizer's Report will be submitted separately to stock exchanges within the stipulated time as per Regulation 44 of SEBI Listing Regulations. The results were not included in this submission but will be placed on the company website within 48 hours from conclusion of the AGM.

Compliance Confirmation

The meeting was conducted in conformity with provisions of Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and circulars issued by MCA and SEBI.

The Chairman confirmed that statutory registers and documents were available online for inspection by members during the meeting.

Additional Proceedings

The meeting included:

  • Welcome address by Mrs. Payel Agarwal, Company Secretary
  • Confirmation of quorum by Chairman Mr. Amit Kiran Deb
  • Introduction of directors and auditors present
  • Operational and financial performance briefing by Dr. Nitesh Kumar Gupta, Managing Director & CEO
  • Response to shareholder queries by Mr. Rajendra Agarwal, President - Finance & CFO
  • Explanation of resolutions and e-voting process by Company Secretary

All directors attended except Mr. Rajesh Bansal due to personal engagement. Representatives from statutory auditors M/S Agrawal Tondon & Co. and secretarial auditors M/S MKB & Associates joined through VC/OAVM.

The Secretarial Auditors' Report contained certain observations which were addressed in the Directors' Report on page 37 of the Annual Report, with the Chairman confirming these had no bearing on financial statements or company functioning.