Event Details

  • Event: 72nd Annual General Meeting
  • Date: Friday, 10th July 2026
  • Time: 2:00 pm to 3:45 pm IST
  • Mode: Conducted through video conferencing/audio visual means as per MCA and SEBI circulars

Meeting Proceedings

The meeting was chaired by Mr. Parth Jindal, Chairman of the Company. All directors attended the meeting, along with Statutory, Secretarial and Cost Auditors. The Company Secretary confirmed availability of statutory registers for inspection via NSDL portal.

Shareholder Engagement

A total of 10 speaker shareholders raised queries/comments on financial performance and other relevant matters. The Chairman and management team responded to some questions during the meeting and requested remaining questions be sent to the secretarial department for response.

Business Transacted

The following agenda items from the Notice dated 13th May 2026 were considered:

Ordinary Business

1. Adoption of Financial Statements: Ordinary resolution to receive, consider and adopt Audited Financial Statements (Standalone and Consolidated) for FY ended 31st March 2026 and reports of Board of Directors and Auditors thereon.

2. Dividend Declaration: Ordinary resolution to:

  • Confirm Interim Dividend of ₹156 per equity share (already declared and paid)
  • Declare Final Dividend of ₹50 per equity share for FY ended 31st March 2026
  • Total dividend for FY26: ₹206 per equity share

3. Director Re-appointment: Ordinary resolution to reappoint Mr. Krishna Rallapalli (DIN: 03384607) who retires by rotation

4. Director Re-appointment: Ordinary resolution to reappoint Mr. Rohit Ghanshyamdas Totla (DIN: 10391749) who retires by rotation

5. Statutory Auditor Appointment: Ordinary resolution to appoint M/s. Deloitte Haskins & Sells LLP as Statutory Auditor for five years (FY 2026-27 to FY 2030-31)

Special Business

6. Cost Auditor Remuneration: Ordinary resolution to ratify remuneration to Cost Auditors M/s. Chandra Wadhwa and Co., Cost Accountants, for FY 2026-27

Voting Process

E-voting was conducted during the AGM for members who had not voted through remote e-voting. Voting on the NSDL platform was available for 30 minutes during the meeting.

Next Steps

The Scrutinizer's Report on remote e-voting and e-voting at the AGM, along with voting results under Regulation 44 of SEBI LODR Regulations, will be shared within stipulated timelines as per Section 108 of Companies Act, 2013 and Rule 20 of the Management and Administration Rules, 2014.