Meeting Details

The 31st Annual General Meeting was held on Thursday, 30th July, 2026 at 11:30 A.M. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM) without physical presence of members. The meeting was conducted in compliance with Ministry of Corporate Affairs Circular No. 03/2025 dated 22nd September, 2025 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD2/P/CIR/2024/133 dated 3rd October 2024, among other circulars.

Attendance Statistics

  • Total number of shareholders on record date: 25,04,898
  • Number of shareholders attended through Video Conferencing: 129
  • Promoter and Promoter group: 1
  • Public: 128
  • No physical meeting or appointment of proxy was arranged as the meeting was held through VC/OAVM

Leadership and Participants

  • Chairman: Shri Savan Jayendra Patel, Whole Time Director
  • Five Directors attended the meeting through VC
  • Smt. Shruti Anup Shah, Chairperson of Audit Committee and Stakeholders Relationship Committee, attended through VC
  • Shri Jayant Misra, Chairman of Nomination and Remuneration Committee and Corporate Social Responsibility Committee, attended through VC
  • Secretarial Auditors and Statutory Auditors were present at the meeting venue

Directors Present

  • Shri Savan Jayendra Patel - Whole time Director
  • Shri Jayadeb Nanda – Director
  • Shri Sudhir Mital - Independent Director
  • Smt. Shruti Anup Shah - Independent Director
  • Shri Jayant Misra - Independent Director

Resolutions Presented for Voting

The following resolutions from the Notice dated 22nd May 2026 were presented for voting:

1. To ratify the remuneration of the Cost Auditors for the Financial Year ending 31st March, 2027 (Ordinary Resolution)

2. To consider the appointment of Shri Savan Jayendra Patel (DIN: 02687808) as an Executive Director designated as Whole-time Director of the Company (Ordinary Resolution)

3. To consider the appointment of Shri Jayadeb Nanda (DIN: 06578925) as a Non-Executive, Non-Independent Director of the Company (Ordinary Resolution)

4. To consider the appointment of Shri Naresh Telgu (DIN: 01994368) as a Non-Executive, Non-Independent Director of the Company (Ordinary Resolution)

5. To appoint Smt. Shruti Anup Shah (DIN: 08337714) as an Independent Director of the Company (Special Resolution)

6. To appoint Shri Jayant Misra (DIN: 11277894) as an Independent Director of the Company (Special Resolution)

7. To appoint Shri Mukesh M. Shah (DIN: 00084402) as an Independent Director of the Company (Special Resolution)

8. To consider payment of Remuneration by way of Commission to former Executive Directors who served in the financial year 2025-26 (Ordinary Resolution)

9. To consider payment of Remuneration by way of Commission to Non-Executive Directors, including former Non-Executive Directors who served in the financial year 2025-26 (Ordinary Resolution)

10. To consider payment of Remuneration by way of Commission to one former Non-Executive Director exceeding fifty percent of Commission payable to all Non-Executive Directors (Special Resolution)

Voting Process

The Company provided electronic voting facility through Central Depository Services (India) Limited (CDSL) e-voting system before the meeting. E-voting was also made available during the AGM for members who had not cast their votes earlier through remote e-voting.

Scrutinizer Appointment

  • Shri Amit Agrawal, Practicing Company Secretary (Membership No. FCS 5311) appointed as Scrutinizer
  • Shri Vishal Lochan Agarwal, Practicing Company Secretary (Membership No. FCS 7241) appointed as Alternate Scrutinizer
  • Their role was to supervise remote e-voting and voting during the AGM proceedings to ensure fair and transparent process

Results Disclosure

The consolidated voting results along with Scrutinizer's Report were to be placed on the Company's website (www.jppowerventures.com) and CDSL website (www.evotingindia.com). Results were also to be forwarded to BSE Limited and National Stock Exchange of India Limited and made available on their websites (www.bseindia.com and www.nseindia.com) within two working days.

Meeting Duration

The meeting commenced at 11:30 A.M. and concluded at 11:55 A.M., lasting 25 minutes. The e-voting facility remained open for an additional 30 minutes after the meeting conclusion.