Meeting Details
The 41st Annual General Meeting (AGM) of India Nippon Electricals Limited was held on Thursday, 30th July 2026 at 10:00 AM (IST) through video conferencing/other audio-visual means (VC/OAVM). The meeting was conducted in compliance with Ministry of Corporate Affairs circulars, SEBI circulars, Companies Act 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Attendance
39 members attended the meeting through video conferencing.
Panellists Present
- Mr T K Balaji - Chairman
- Mr Arvind Balaji - Managing Director
- Ms Priyamvada Balaji - Director
- Mr Anant J Talaulicar - Independent Director
- Mr Heramb R Hajarnavis - Independent Director
- Ms Gangapriya Chakraverti - Independent Director
- Mr Elango Srinivasan - Chief Financial Officer
- Ms Logitha S - Company Secretary & Compliance Officer
- Mr Ravinder Sharma - President
Also present were representatives from M/s Deloitte Haskins & Sells LLP (Statutory Auditors), M/s S.A.E. & Associates LLP (Secretarial Auditors), Mr K. Suryanarayanan (Cost Auditor), and M/s BP & Associates (Scrutinisers).
Agenda Items Transacted
1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March 2026
2. Ordinary Resolution: To confirm the Interim Dividend for the year 2025-26
3. Ordinary Resolution: To appoint a director in place of Mr. T.K. Balaji (DIN: 00002010) who retires by rotation and being eligible offers himself for re-appointment
4. Ordinary Resolution: To ratify the remuneration payable to Mr. K Suryanarayanan, the Cost Auditor of the Company for the financial year ending 31st March 2027
5. Special Resolution: To re-appoint Ms. Gangapriya Chakraverti (DIN: 00378385) as an Independent Director of the Company
6. Special Resolution: To re-appoint Mr. Heramb Ravindra Hajarnavis (DIN: 01680435) as an Independent Director of the Company
Shareholder Interaction
Registered members were invited to express views/raise queries, which were answered by Mr Arvind Balaji (Managing Director), Mr Ravinder Sharma (President), and Mr Elango Srinivasan (Chief Financial Officer).
Voting Process
The company provided e-voting facility from 09:00 hrs of July 27, 2026, to 17:00 hrs of July 29, 2026. Members present at the AGM who hadn't cast votes during remote e-voting were provided an opportunity to cast votes electronically during the meeting and up to 15 minutes from the conclusion of the meeting.
Mr. C. Prabhakar (FCS No. 11722 CP No. 11033) from M/s. BP & Associates was appointed as Scrutinizer to scrutinize the remote e-voting and e-voting at the AGM.
Results Announcement
The voting results were scheduled to be announced within two working days from the conclusion of AGM. The results along with the Scrutinizer's Report would be intimated to BSE Limited and National Stock Exchange of India Limited and uploaded on the company's website and Central Depository Services Limited website.
Meeting Duration
The meeting concluded at 10:52 AM IST.