Meeting Details

  • Date: Monday, September 28, 2026
  • Time: Commenced at 11:30 a.m. IST and concluded at 11:49 a.m. IST
  • Venue: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Type: Annual General Meeting

Attendance

Ninety-one (91) members attended the meeting through VC/OAVM. Key attendees included:

  • Mr. Samir Somaiya (Chairman and Managing Director)
  • Dr. Sangeeta Srivastava (Executive Director)
  • Mr. Bhalachandra Bakshi (Executive Director)
  • Mr. Suhas Godage (Executive Director - Works-Sakarwadi)
  • Dr. Raman Ramachandran (Non-Executive Director and Chairman of Risk Management Committee)
  • Multiple Independent Directors including Mr. Nitin Mehta, Prof. Lakshmi Kantam, Mr. Hemant Luthra, Mr. Sean Reagan, and Mr. Nandan Mehta
  • Key officers including Mr. Naresh Khetan (CFO), Mr. Shreyans Gang (Deputy CFO), Mr. Manoj Jain (Company Secretary), Ms. Swarna S. Gunware (Joint Company Secretary)
  • External parties: Mr. Harpreet Singh Ghai (Partner, Verma and Mehta Associates, Statutory Auditors) and Mr. Tushar Shridharani (Secretarial Auditor and Scrutinizer)

Proceedings Summary

Mr. Samir Somaiya chaired the meeting and confirmed quorum was present. The meeting was conducted in compliance with MCA circulars, Companies Act 2013, and SEBI LODR Regulations. A live webcast of proceedings was provided. The Chairman addressed members, and his statement was available as part of the Annual Report.

Voting Process

Remote e-voting was available from September 25, 2026 (9:00 a.m. IST) to September 27, 2026 (5:00 p.m. IST). Mr. Tushar Shridharani of Tushar Shridharani and Associates LLP (Membership No. 101388) was appointed as Scrutinizer to scrutinize both remote e-voting and electronic voting during the meeting. Members who had registered as speakers were invited to ask queries, but none were present.

Resolutions Considered

Ordinary Business

1. Consideration and adoption of (a) audited financial statements for FY ended March 31, 2026 with reports of Board and auditors, and (b) audited consolidated financial statements for FY ended March 31, 2026 with auditor reports (Ordinary Resolution)

2. Appointment of Dr. Raman Ramchandran, Director retiring by rotation

3. Appointment of Mr. Suhas Godage, Director retiring by rotation

Special Business

For agenda items 4-7 relating to appointment and remuneration, the chair was handed over to Mr. Nandan Mehta:

4. Approval of terms of re-appointment and remuneration of Mr. Samir S. Somaiya as Managing Director effective April 1, 2027

5. Approval of terms of re-appointment and remuneration of Mr. Suhas Godage as Executive Director (Works-Sakarwadi) effective April 1, 2027

6. Appointment of Mr. Dinesh Sharma as a Director of the Company

7. Approval of terms of appointment and remuneration of Mr. Dinesh Sharma as Executive Director (Works-Sameerwadi) for three years

8. Ratification of remuneration payable to Cost Auditor

9. Contribution to Charitable and other funds

10. Acceptance of Deposits

Voting Details

The company provided remote e-voting facility and electronic voting during the meeting for members who hadn't voted remotely. The combined results of remote e-voting and voting during the AGM were to be intimated to stock exchanges and uploaded on the company's website and NSDL website.

Compliance Statement

The meeting was conducted in compliance with applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Important Notes

The document specifically notes that it does not constitute the minutes of the proceedings of the meeting. Voting results will be separately intimated to stock exchanges.