Event Overview

The 100th Annual General Meeting (AGM) of The Indian Hume Pipe Co. Ltd. was held on Monday, 3rd August, 2026 at 2.30 p.m. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI. The meeting commenced at 2:30 pm and concluded at 3:21 pm (IST).

Meeting Participation

Directors Present:

  • Mr. Rajas R. Doshi, Chairman & Managing Director (Registered Office, Mumbai)
  • Mr. Mayur R. Doshi, Vice-Chairman & Joint Managing Director (Registered Office, Mumbai)
  • Ms. Anima B. Kapadia, Non-Executive Director and Chairperson of Stakeholders Relationship Committee (via VC)
  • Ms. Jyoti R. Doshi, Non-Executive Director (via VC)
  • Ms. Sucheta N. Shah, Independent Director and Chairperson of Nomination and Remuneration Committee (via VC)
  • Mr. Nandan S. Damani, Independent Director and Chairman of Audit Committee (via VC)
  • Mr. Rohit R. Dhoot, Independent Director (via VC)
  • Mr. Ashish G. Vaid, Independent Director (via VC)

Other Attendees:

  • Mr. Niraj R. Oza, Vice President - Company Secretary & Legal (via VC from Registered Office)
  • Mr. M. S. Rajadhyaksha, Vice President - CFO (via VC from Registered Office)
  • Mr. Sachin Negandhi and Ms. Komal Khedkar, Partners of M/s. K. S. Aiyar & CO., Chartered Accountants, Statutory Auditors (via VC from Mumbai)
  • Mr. J. H. Ranade, JHR & Associates, Secretarial Auditor and Scrutinizer (via VC from Thane)
  • Mr. S. C. Mawalankar, Cost Auditor (via VC from Mumbai)
  • 66 Members attended through Video Conferencing

Voting Arrangements

Members were provided facility to exercise voting rights through:

  • Remote e-voting from Thursday, 30th July, 2026 at 9:00 a.m. IST to Sunday, 2nd August, 2026 at 5:00 p.m. IST
  • E-voting at the AGM for members who joined through VC and had not cast remote votes
  • Mr. J. H. Ranade, Partner of M/s. JHR & Associates, Practising Company Secretaries, was appointed as Scrutinizer to supervise the e-voting process

Business Transacted

Ordinary Business:

1. Adoption of Audited Financial Statements for the Financial Year ended 31st March, 2026, including Audited Balance Sheet, Statement of Profit and Loss, and Reports of Board of Directors and Auditors (Ordinary Resolution)

2. Declaration of Dividend for the Financial Year ended 31st March, 2026 on Equity Shares of the Company (Ordinary Resolution)

Special Business:

3. Appointment of Director in place of Ms. Anima B. Kapadia (DIN: 00095831), Non-Executive Non-Independent Director, who retires by rotation and attains the age of seventy-five (75) years on 4th July, 2026 (Special Resolution)

4. Approval of Commission payable to Non-Executive Directors (Special Resolution)

5. Ratification of Remuneration to Cost Auditor for the Financial Year 2026-27 (Ordinary Resolution)

Key Disclosures

  • All businesses mentioned in the Notice dated 14th May, 2026 were transacted and approved by members with requisite majority
  • Statutory Auditors issued Unmodified Audit report with no qualifications, observations or adverse comments
  • Notice of 100th AGM along with Annual Report for FY 2025-26 was sent through electronic mode to members with registered email IDs
  • Statutory documents including Register of Directors & Key Managerial Personnel, Register of Contracts, Memorandum & Articles of Association were available for inspection

Shareholder Engagement

Following shareholders pre-registered to speak and asked questions about accounts and operations:

1. Mr. Dinesh G. Bhatia

2. Mr. Sathish Shah

3. Ms. Lekha Shah

4. Ms. Yashvee Kothari

5. Mr. Rohit Kumar Ohri

6. Mr. Bharat Mulchand Shah

7. Ms. Smita Bharat Shah

8. Mr. Vinay Vishnu Bhide

9. Mr. Yusuf Yunus Rangwala

The Chairman & Managing Director suitably replied to all queries.

Post-Meeting Procedures

  • E-voting results (remote e-voting and e-voting at AGM) along with consolidated Scrutiniser's Report will be submitted to Stock Exchanges
  • Results will be placed on company website (www.indianhumepipe.com) and NSDL website (https://www.evoting.nsdl.com) within 2 working days from meeting conclusion
  • E-voting module was kept open for 15 minutes after meeting conclusion until 3:36 p.m. IST