Meeting Details

The 53rd AGM of Kalyani Steels Limited was held on Thursday, August 27, 2026 at 11:00 AM IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting was conducted in compliance with directives issued by the Ministry of Corporate Affairs and SEBI.

Attendance

  • Directors Present: All directors except Mr. Amit B. Kalyani were present
  • Chairman: Mr. B.N. Kalyani chaired the meeting
  • Other Participants: Statutory Auditors, Internal Auditors, Secretarial Auditors, and Cost Auditors participated through Video Conferencing from their respective locations
  • Company Secretary: Mrs. D.R. Puranik welcomed members and confirmed requisite quorum presence

Agenda Items Transacted

The following business items from the Notice of AGM dated May 8, 2026 were transacted:

Ordinary Business:

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

2. Declaration of dividend on Equity Shares for the financial year ended March 31, 2026 (Ordinary Resolution)

3. Appointment of Mr. M.U. Takale (DIN: 01291287) as Director who retires by rotation and offered himself for re-appointment (Ordinary Resolution)

Special Business:

4. Re-appointment of Mr. B.N. Kalyani (DIN: 00089380) as Director of the Company (Special Resolution)

5. Approval for Material Related Party Transactions with Bharat Forge Limited (Ordinary Resolution)

6. Approval for Material Related Party Transactions with Kalyani Technoforge Limited (Ordinary Resolution)

7. Ratification of Remuneration of the Cost Auditors (Ordinary Resolution)

Voting Procedures

  • Members who had not cast votes through remote e-Voting could exercise votes at the AGM
  • e-Voting facility remained open for 15 minutes after conclusion of the meeting
  • Mr. Sridhar Mudaliar, Partner of SVD & Associates, Company Secretaries, was appointed as Scrutinizer
  • Mrs. D.R. Puranik was authorized to declare results of e-Voting upon receipt of Scrutinizer's Report

Meeting Proceedings

  • Notice of AGM and Statutory Auditor's Report were taken as read with members' permission
  • Chairman delivered speech summarizing business operations and financial performance
  • Members were invited to ask queries/give suggestions, with responses provided by Chairman and Mr. R.K. Goyal, Managing Director
  • The meeting concluded at 11:55 AM (including time allowed for e-voting at AGM)

Additional Information

  • Corporate Address: Corporate Building, 2nd Floor, Mundhwa, Pune – 411036, India
  • Contact: Phone +91 20 6621 5000, Email: investor@kalyanisteels.com