Date, Location, and Type of Meeting
- Date: Tuesday, 4th August, 2026
- Time: Commenced at 03:00 p.m. IST and concluded at 04:25 p.m. IST
- Venue: Conducted through Video Conferencing / Other Audio Visual Means (VC/OAVM)
- Deemed Venue: Company's registered office at Chhatrapati Sambhajinagar
- Meeting Type: 107th Annual General Meeting
Attendance at the AGM
- Total Members Attended: 150 members
Directors Present:
- Mr. Karan Thapar - Chairman, Non-Executive Director, Chairperson of Risk Management Committee
- Mr. Parag Satpute - Managing Director & Group Chief Executive Officer
- Mr. Raja Venkataraman - Independent Director, Chairperson of Audit Committee
- Mr. Ravi Kirpalani - Independent Director, Chairperson of Nomination & Remuneration Committee
- Ms. Kavita Nair - Independent Director, Chairperson of Stakeholders' Relationship & Share Transfer Committee; and Chairperson of ESG & CSR Committee
- Mr. Mangalath Unnikrishnan - Independent Director
- Mr. Jehangir Ardeshir - Independent Director
In Attendance:
- Mr. Manish Poddar - Group Chief Financial Officer
- Mr. Atindra Basu - Group General Counsel & Company Secretary
- Representative(s) of Statutory Auditor, Secretarial Auditor, Internal Auditor, Cost Auditor and Scrutinizer
Proceedings Summary
Mr. Karan Thapar, Chairman of the Company, chaired the Meeting. The Chairperson welcomed members and confirmed compliance with the Companies Act, 2013, SEBI Listing Regulations, and MCA circulars.
Key Announcements:
- Notice of the 107th AGM was sent through electronic mode to members with registered e-mail addresses
- No qualifications, observations, comments or remarks in Statutory Auditor's and Secretarial Auditor's reports for the year ended 31st March 2026
- The Chairperson provided an overview of the Company's and its subsidiaries' operations and financial performance for FY ended 31st March, 2026
Voting Process:
- Facility for remote e-voting was provided before the AGM
- E-voting facility was made available during the AGM for members who had not exercised their vote through remote e-voting
- Mr. Sunny Gogiya or failing him, Mr. Gaurav Sainani, of SGGS & Associates, Practicing Company Secretaries, were appointed as Scrutinizers to supervise the remote e-voting and e-voting at the AGM
Shareholder Q&A:
Members raised queries on corporate strategy, Q1 2026–27 financial performance, industry outlook, growth opportunities in defence and electric mobility sectors, strategic roadmap, margin enhancement initiatives, digital technology adoption, aftermarket and retail operations, and impact of geopolitical developments. All questions were addressed comprehensively by the Chairman and Managing Director & Group CEO.
Proposed Resolutions
The following items of business were put up for members' approval:
Ordinary Business:
1. Adoption of Financial Statements and Reports thereon - Ordinary Resolution
2. Declaration of Dividend - Ordinary Resolution
3. Appointment of a Director in place of the one retiring by rotation - Ordinary Resolution
Special Business:
4. Ratification of the remuneration of Cost Auditors of the Company - Ordinary Resolution
Compliance and Signatories
- The Chairman authorized the Company Secretary to accept and countersign the Scrutinizers Report and declare the consolidated results
- The Company will separately disclose the consolidated results of the Remote e-Voting and e-Voting at the AGM to the Stock Exchanges
- The document is signed by Atindra Nath Basu, Group General Counsel & Company Secretary (Membership No: F13799)
Additional Information
- Transcript of the AGM will be made available on the Company's website at www.greavescotton.com under the 'Investors' section
- Corporate Office: Unit Nos. 301 & 302, 3rd Floor, Tower B, Peninsula Business Park, Ganpatrao Kadam Marg, Off Senapati Bapat Marg, Lower Parel, Mumbai – 400 013, India