Meeting Details

The 16th Annual General Meeting was held on Thursday, July 23, 2026 at 11:00 AM IST through Video Conferencing/Other Audio Visual Means (VC/OAVM).

Attendance

Directors Present:

  • Mr. Rajendra Shah - Chairman & Whole-time Director
  • Mr. Harish Rangwala - Managing Director
  • Mr. Vishal Rangwala - CEO & Whole-time Director
  • Mr. Pilak Shah - COO & Whole-time Director
  • Ms. Hetal Naik - Whole-time Director
  • Mr. Ambar Patel - Independent Director
  • Dr. Bhushan Punani - Independent Director
  • Mr. Kunal Shah - Independent Director
  • Mr. Ramakrishnan Kasinathan - Independent Director

In Attendance:

  • Mr. Kiran Mohanty - Company Secretary & Chief Compliance Officer
  • Mr. Maulik Jasani - VP Finance & Group CFO
  • Mr. Chintan Shah - M/s. Pankaj R. Shah & Associates, Statutory Auditors
  • Mr. Chirag Shah - Chirag Shah & Associates, Secretarial Auditor and Scrutinizer during the AGM

Members Present: 55 persons attended through Video Conferencing.

Agenda Items Approved

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 together with reports of Board of Directors and Auditors

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 together with report of Auditors

3. Declaration of dividend of ₹1.5 per equity share of ₹10 each for financial year ended March 31, 2026

4. Re-appointment of Mr. Rajendra Shah (DIN: 00061922) who retired by rotation

5. Re-appointment of Mr. Harish Rangwala (DIN: 00278062) who retired by rotation

6. Appointment of M/s Mukesh M. Shah & Co., Chartered Accountants (FRN: 106625W) as Statutory Auditors for 5 consecutive years and authorization to Board to fix their remuneration

Special Business:

7. Ratification of remuneration of Cost Auditors for financial year 2026-27

8. Re-appointment of Mr. Ambar Patel (DIN: 00050042) as Independent Director

9. Re-appointment of Mr. Bhushan Punani (DIN: 00119874) as Independent Director

10. Re-appointment of Mr. Kunal Shah (DIN: 02087152) as Independent Director

11. Re-appointment of Mr. Ramakrishnan Kasinathan (DIN: 09461806) as Independent Director

12. Approval of 'Harsha Engineers International Limited - Employee Stock Option Plan 2026'

13. Approval of grant of employee stock options to employees of subsidiary company under the ESOP Plan 2026

Key Proceedings

The Chairman informed that the virtual meeting was conducted in pursuance of MCA circular. Members were informed that statutory registers were available for electronic inspection by emailing sec@harshaengineers.com.

The Company Secretary confirmed that auditor reports were clean and unmodified without any qualifications, observations, or adverse remarks.

Shareholders who registered as speakers were invited to ask queries, which were responded to by the Chairman and CEO.

Voting Process

Remote e-voting was available from Monday, July 20, 2026 (9 AM) to Wednesday, July 22, 2026 (5 PM). Facility to vote on resolutions remained open until 15 minutes from conclusion of the meeting. Voting results would be declared upon receipt of scrutinizer's report and posted on company website, stock exchanges, and respective agencies.

Meeting Timing

The meeting concluded at 11:53 AM after a 15-minute voting process administration.

Additional Information

Company CIN: L29307GJ2010PLC063233

Corporate & Registered Office: Sarkhej - Bavla Road, Changodar, Ahmedabad, Sanand - 382213, Gujarat, India

Tel: +91-2717-618200, Fax: +91-2717-618259

Proceedings have been uploaded on company website at https://www.harshaengineers.com/InvestorRelations/