Empire Industries Limited
Empire Industries Limited conducted its 125th Annual General Meeting on September 16, 2026, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with Ministry of Corporate Affairs (MCA) General Circular No.3/2025 dated September 22, 2025. The meeting was held on the NSDL platform, with physical attendance not required.
Meeting Details:
- Date: Wednesday, September 16, 2026
- Time: Commenced at 3:00 pm IST, concluded at 3:39 pm IST (duration: 39 minutes)
- Mode: Virtual through VC/OAVM via NSDL platform
- Chairman: Mr. S. C. Malhotra
Voting Arrangements:
- Remote e-voting period: September 11, 2026 (9:00 am IST) to September 15, 2026 (5:00 pm IST)
- Scrutinizer: Ms. Deepa Gupta, Practicing Company Secretary (Membership No. ACS-20860, COP: 8168)
- E-voting during meeting: Available for members who did not participate in remote e-voting, kept open for 15 minutes after meeting conclusion
- Scrutinizer report due: Friday, September 18, 2026 (within 2 working days as per Regulation 44(3) of SEBI LODR Regulations 2015)
Meeting Proceedings:
The Chairman welcomed members and introduced Directors and senior officials. The Company Secretary confirmed that the Annual Report with Notice was circulated via email. The Notice convening the 125th AGM, directors' report, secretarial audit report, and independent auditors' report were taken as read.
The Chairman presented highlights of the company's performance and invited shareholder queries. Registered speaker shareholders expressed views and asked questions, which were replied to by management.
Shareholder Interactions:
- Several shareholders praised the management for dividend distribution
- Questions were raised regarding capex plans, market share, segment performance, diversification, and future growth
- The Chairman provided responses about the company's future outlook and operations
Business Items Considered:
The following resolutions were discussed and considered at the AGM:
1. Adoption of Financial Statements for FY ended March 31, 2026, together with Reports of Board of Directors and Auditors (Ordinary Resolution)
2. Adoption of Financial Statements for FY ended March 31, 2026 (Ordinary Resolution)
3. Adoption of Financial Statements for FY ended March 31, 2026 (Ordinary Resolution)
4. Re-appointment of Mr. Ranjit Malhotra (DIN: 00026933) who retires by rotation as Director (Ordinary Resolution)
5. Ratification of remuneration of cost auditor for financial year 2026-2027 (Ordinary Resolution)
6. Re-appointment of Dr. Anuja N. Mohe (DIN: 09263246) as Woman Independent Director (Special Resolution)
Financial Impact: Not quantified in the disclosure.
Regulatory References: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; Schedule III (Part A) (13); Regulation 44(3) of SEBI LODR Regulations 2015; MCA General Circular No.3/2025 dated September 22, 2025.