Hindustan Aeronautics Limited conducted its 63rd Annual General Meeting (AGM) on Friday, 28th August 2026 at 15:30 hours IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting was held in compliance with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars from the Ministry of Corporate Affairs (MCA) and SEBI.

Meeting Conduct and Attendance

The meeting was chaired by Shri Ravi K, Chairman and Managing Director. Shri Rakesh Bhawsar, Independent Director and Chairman of Stakeholder's Relationship Committee, Audit Committee, and Nomination & Remuneration Committee (NRC), was also present. It was noted that while the Audit Committee and NRC were not in valid constitution at the time, Shri Rakesh Bhawsar continued as their chairman.

67 members attended the AGM through video conference, constituting the requisite quorum. The Company Secretary provided general instructions for participation, noting that KFin Technologies Limited, the Registrar and Share Transfer Agent, facilitated the VC facility. Members could exercise their voting rights through remote e-voting prior to the meeting or via e-voting during the AGM. M/s SNM & Associates, Company Secretaries, were appointed as the Scrutinizer to oversee the voting process.

Business Transacted

The following ordinary and special business items were addressed as per the AGM notice:

Ordinary Business:

1. Adoption of Audited Financial Statements (including Consolidated Financial Statements) for the financial year ended 31st March 2026, along with Reports of the Board of Directors, Auditors, and Comments of the Comptroller & Auditor General of India. (Ordinary Resolution)

2. Confirmation of payment of an interim dividend of ₹35 per equity share and declaration of a final dividend of ₹10 per equity share for FY 2025-26. (Ordinary Resolution)

3. Reappointment of Dr. Barenya Senapati (DIN: 08525943), who retired by rotation. (Ordinary Resolution)

4. Reappointment of Shri M G Balasubrahmanya (DIN: 11048733), who retired by rotation. (Ordinary Resolution)

5. Fixation of remuneration of Statutory Auditors for FY 2026-27. (Ordinary Resolution)

Special Business:

6. Ratification of remuneration payable to the Cost Auditor for FY 2026-27. (Ordinary Resolution)

7. Appointment of Shri Ravi K (DIN: 10807781) as Chairman & Managing Director of the Company.

Additional Proceedings

The Chairman addressed members on Financial and Performance Highlights, Research & Development, Significant Achievements, New Initiatives, CSR, ESG, and Future Outlook. The Notice of AGM, Board Report, Auditor's Report, CAG comments, and other documents were taken as read, having been circulated via email. The Company Secretary read comments from Secretarial Auditors and management's response. The Register of Directors & Key Managerial Personnel and their Shareholding and Register of Contracts were available electronically for inspection.

Member queries and clarifications on resolutions and related matters were addressed. The Chairman announced that e-voting results would be declared within two working days post-meeting, uploaded on the company's website and KFin Technologies' site, and communicated to BSE and NSE.

The meeting concluded with a vote of thanks at 16:47 hours IST, after allowing an additional 15 minutes for e-voting.

Note: The document explicitly states that this proceeding should not be construed as the official minutes of the 63rd AGM.