Meeting Details

  • The EOGM was held on Monday, May 25, 2026 at 1:30 PM IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Meeting conducted in compliance with circulars issued by Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI)
  • Meeting concluded at 1:58 PM IST

Attendees and Management

  • Shri Shekhar Bajaj, Chairman of the Company and Stakeholders Relationship Committee, welcomed shareholders and confirmed quorum presence
  • Directors and other attendees were introduced
  • Representatives of Statutory Auditors M/s. Kanu Doshi Associates LLP, Chartered Accountants, and Secretarial Auditors M/s. S. N. Ananthasubramanian & Co., Company Secretaries were invited to attend
  • MUFG Intime India Private Limited was engaged to enable member participation through VC

Voting Arrangements

  • Facility for appointment of proxies was not available for VC meeting
  • Company received necessary authorizations from corporate shareholders under Section 113 of Companies Act, 2013
  • Cut-off date for voting eligibility: May 19, 2026
  • Remote e-voting period: May 22, 2026 at 9:00 AM IST to May 24, 2026 at 5:00 PM IST
  • Voting facility remained open up to 15 minutes after conclusion of meeting for members who hadn't voted remotely

Agenda Item

Item 1: Special Business - Clarification and confirmation of the continuing effect of shareholder approval granted for continuation of Shri Shekhar Bajaj (DIN: 00089358) as Non-Executive Director after attaining age seventy-five

  • Resolution Type: Special Resolution
  • Shri Shekhar Bajaj did not chair this agenda item due to interest in the matter
  • Shri Jayavanth Mallya, Independent Director, was elected as Chairman for this agenda item

Rationale for Resolution

  • Previous shareholder approval for Shri Shekhar Bajaj's continuation after age 75 had resulted in interpretational ambiguity regarding continuing effect and scope
  • The resolution was presented as a clarificatory and confirmatory measure for good governance, transparency and regulatory certainty
  • Board considered that earlier approval was intended to operate as continuing approval in accordance with applicable law
  • Retirement by rotation of directors is independently governed by Section 152 of Companies Act, 2013 and Articles of Association
  • Resolution proposed to place on record retrospectively that there had been no break, lapse or interruption in office solely due to the ambiguity

Shareholder Interaction

  • Members who had registered as speakers addressed the meeting through VC
  • Members enquired about war-related impact on company business
  • Clarifications were provided by the Chairman to queries raised

Post-Meeting Actions

  • Results of voting along with Scrutinizer's Report to be declared within prescribed timelines
  • Results to be placed on company website and simultaneously intimated to BSE Limited