Meeting Details

The 36th Annual General Meeting was held on Thursday, September 17, 2026 at 12:00 PM (IST) through video conferencing/other audio-visual means in compliance with SEBI regulations and MCA circulars.

Attendance

Directors Present:

  • Mr. Vinod Narsiman, Whole Time Director (Chairman)
  • Mrs. T. Kalaivani, Independent Director and Chairman of Audit Committee, Nomination and Remuneration Committee & Stakeholders Relationship Committee
  • Sri. Vishwaa Narasiman, Director
  • Sri. Rudra Narsiman, Director
  • Mr. R Narasimhan, Independent Director

Key Managerial Personnel Present:

  • Mr. R. Muthiah, Chief Financial Officer
  • Mr. U. Kalidoss, Company Secretary

Other Participants:

  • Ms. K. R. Divya, Chartered Accountant of M/s. Divya K R & Associates, Statutory Auditors
  • Mr. M D Selvaraj, FCS, Managing Partner of M/s. MDS & Associates LLP, Scrutinizer and Secretarial Auditors

Directors Absent:

  • Mrs. Anu Murali
  • Mr. S Thangaraj
  • Mrs. Gayatri Vijaikumar

(due to pre-occupation)

Meeting Proceedings

The meeting was chaired by Mr. Vinod Narsiman who confirmed quorum was present. The meeting was conducted through National Securities Depository Limited's platform with remote e-voting available from September 14-16, 2026. Mr. M D Selvaraj was appointed as Scrutinizer for the e-voting process.

Business Transacted

Ordinary Business:

1. Adoption of Standalone and Consolidated Annual Financial Statements for year ended March 31, 2026 together with Reports of Board of Directors and Auditors (Ordinary Resolution)

2. Declaration of dividend of ₹0.60 per equity share (6%) of face value of ₹10 each for financial year 2025-26 (Ordinary Resolution)

3. Re-appointment of Mr. Vinod Narsiman (DIN: 0003546) as Director on retirement by rotation (Ordinary Resolution) - Mr. R Narasimhan conducted this item due to Mr. Narsiman's interest

4. Re-appointment of Sri. Subbia Thangaraj (DIN: 06459324) as Director on retirement by rotation (Ordinary Resolution)

Special Business:

5. Ratification of remuneration payable to Sri. B Venkateswar (Membership No. 27622), Cost Auditor of the Company for financial year 2026-27 (Ordinary Resolution)

6. Re-appointment of Smt. T. Kalaivani (DIN: 09706304) as Independent Director for second term of five consecutive years with effect from August 19, 2027 (Special Resolution)

7. Re-appointment of Smt. Gayatri Vijaikumar (DIN: 09659550) as Independent Director for second term of five consecutive years with effect from August 19, 2027 (Special Resolution)

8. Approval for payment of directors fees to Non-Executive Directors for further term of three financial years commencing from April 1, 2027 (Special Resolution)

Voting and Results

The e-voting facility remained open for 15 minutes during the meeting. Results were to be declared within 2 working days considering both remote e-voting and e-voting during meeting. Consolidated Scrutinizer's Report to be placed on Company website and NSDL website.

Meeting Duration

The meeting commenced at 12:00 PM and concluded at 12:23 PM.

#Tags: #IndsilHydroPower #AGM #SEBIDisclosure #CorporateGovernance #Dividend #Neutral