GSPL Transmission 2nd AGM Approves All 10 Resolutions

Meeting Details

Type of Meeting: Annual General Meeting (AGM)
Meeting Date: Tuesday, 29th September, 2026
Meeting Time: 04:00 PM to 04:58 PM
Record Date: 22nd September, 2026
Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)

Scrutinizer Appointment and Report

Scrutinizer Name: Kiran Kumar Patel of M/s. K. K. Patel & Associates
Scrutinizer Qualification: Company Secretary (Membership No. 6384)
Appointment Date: Board Meeting dated 01-09-2026
Report Issuance Date: 29-09-2026

Shareholder Participation

Total Shareholders on Record Date: 308,246
Physical Attendance: 0 shareholders (Promoters: 0, Public: 0)
VC/OAVM Attendance: 100 shareholders (Promoters: 1, Public: 99)

Voting Process and Methods

The voting was conducted through two methods:

1. Remote E-Voting: Conducted via CDSL from Friday, 25th September, 2026 (09:00 AM) to Monday, 28th September, 2026 (05:00 PM).

2. E-Voting during AGM: Available for members present at the AGM who had not voted remotely, during the meeting and for 15 minutes after its conclusion.

Resolution Summary and Voting Outcomes

All 10 resolutions were Ordinary Resolutions and were passed. The promoter/promoter group was not interested in any resolution.

Resolution 1: Adoption of Financial Statements

Description: To receive, consider and adopt the Audited Financial Statements (Standalone & Consolidated) for FY ended 31st March, 2026 and Reports of Board of Directors and Auditors.
Total Votes Polled: 223,920,459 (71.5987% of outstanding shares)
In Favour: 223,920,028 (99.9998%)
Against: 431 (0.0002%)
Promoter Votes: 121,793,309 (100% in favour)
Public Institution Votes: 47,527,718 (83.8109% polled, 100% in favour)
Public Non-Institution Votes: 54,599,432 (40.6724% polled, 99.9992% in favour)

Resolution 2: Declaration of Dividend

Description: To declare Dividend on Equity Shares.
Total Votes Polled: 223,920,523 (71.5988% of outstanding shares)
In Favour: 223,920,367 (99.9999%)
Against: 156 (0.0001%)
Promoter Votes: 121,793,309 (100% in favour)
Public Institution Votes: 47,527,718 (83.8109% polled, 100% in favour)
Public Non-Institution Votes: 54,599,496 (40.6724% polled, 99.9997% in favour)

Resolution 3: Re-appointment of Director (Dr. T. Natarajan)

Description: To appoint Dr. T. Natarajan, IAS (DIN: 00396367) who retires by rotation.
Total Votes Polled: 223,920,459 (71.5987% of outstanding shares)
In Favour: 223,918,329 (99.999%)
Against: 2,130 (0.001%)
Promoter Votes: 121,793,309 (100% in favour)
Public Institution Votes: 47,527,718 (83.8109% polled, 100% in favour)
Public Non-Institution Votes: 54,599,432 (40.6724% polled, 99.9961% in favour)

Resolution 4: Re-appointment of Director (Shri Ashwini Kumar)

Description: To appoint Shri Ashwini Kumar, IAS (DIN: 06581753) who retires by rotation.
Total Votes Polled: 223,920,459 (71.5987% of outstanding shares)
In Favour: 223,916,007 (99.998%)
Against: 4,452 (0.002%)
Promoter Votes: 121,793,309 (100% in favour)
Public Institution Votes: 47,527,718 (83.8109% polled, 100% in favour)
Public Non-Institution Votes: 54,599,432 (40.6724% polled, 99.9918% in favour)

Resolution 5: Remuneration of Statutory Auditors

Description: To authorize Board to fix remuneration of Statutory Auditors for FY 2026-27 u/s 142 of Companies Act.
Total Votes Polled: 223,920,409 (71.5987% of outstanding shares)
In Favour: 223,885,395 (99.9844%)
Against: 35,014 (0.0156%)
Promoter Votes: 121,793,309 (100% in favour)
Public Institution Votes: 47,527,718 (83.8109% polled, 100% in favour)
Public Non-Institution Votes: 54,599,382 (40.6723% polled, 99.9359% in favour)

Resolution 6: Remuneration of Cost Auditors

Description: To ratify remuneration payable to M/s N. D. Birla & Co., as Cost Auditors for FY ending 31st March, 2027.
Total Votes Polled: 223,920,459 (71.5987% of outstanding shares)
In Favour: 223,883,511 (99.9835%)
Against: 36,948 (0.0165%)
Promoter Votes: 121,793,309 (100% in favour)
Public Institution Votes: 47,527,718 (83.8109% polled, 100% in favour)
Public Non-Institution Votes: 54,599,432 (40.6724% polled, 99.9323% in favour)

Resolution 7: Related Party Transaction with GIGL

Description: To approve Material Related Party Transaction with GSPL India Gasnet Limited ("GIGL").
Total Votes Polled: 221,544,868 (70.8391% of outstanding shares)
In Favour: 221,541,690 (99.9986%)
Against: 3,178 (0.0014%)
Promoter Votes: 121,793,309 (100% in favour)
Public Institution Votes: 47,527,718 (83.8109% polled, 100% in favour)
Public Non-Institution Votes: 52,223,841 (38.9027% polled, 99.9939% in favour)

Resolution 8: Related Party Transaction (GIGL with its Related Parties)

Description: To approve Material Related Party Transaction(s) between GIGL (Subsidiary) and its Related Parties.
Total Votes Polled: 221,544,918 (70.8391% of outstanding shares)
In Favour: 221,541,257 (99.9983%)
Against: 3,661 (0.0017%)
Promoter Votes: 121,793,309 (100% in favour)
Public Institution Votes: 47,527,718 (83.8109% polled, 100% in favour)
Public Non-Institution Votes: 52,223,891 (38.9028% polled, 99.993% in favour)

Resolution 9: Related Party Transaction with GIGL

Description: To approve Material Related Party Transaction with GSPL India Gasnet Limited ("GIGL").
Total Votes Polled: 221,544,918 (70.8391% of outstanding shares)
In Favour: 221,540,975 (99.9982%)
Against: 3,943 (0.0018%)
Promoter Votes: 121,793,309 (100% in favour)
Public Institution Votes: 47,527,718 (83.8109% polled, 100% in favour)
Public Non-Institution Votes: 52,223,891 (38.9028% polled, 99.9924% in favour)

Resolution 10: Related Party Transaction (GIGL with its Related Parties)

Description: To approve Material Related Party Transaction(s) between GIGL (Subsidiary) and its Related Parties.
Total Votes Polled: 221,544,918 (70.8391% of outstanding shares)
In Favour: 221,541,101 (99.9983%)
Against: 3,817 (0.0017%)
Promoter Votes: 121,793,309 (100% in favour)
Public Institution Votes: 47,527,718 (83.8109% polled, 100% in favour)
Public Non-Institution Votes: 52,223,891 (38.9028% polled, 99.9927% in favour)

Scrutinizer's Findings and Compliance

The scrutinizer verified the validity of votes cast through remote e-voting and e-voting during the AGM.
The process was conducted in compliance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, relevant MCA circulars, and SEBI circulars.
All resolutions were passed with the requisite majority.
No invalid votes were recorded in any category (Promoter, Public Institutions, Public Non-Institutions).