Meeting Details

  • Type of Meeting: 31st Annual General Meeting
  • Date: Friday, September 18, 2026
  • Commencement Time: 04:00 p.m. (IST)
  • Conclusion of Proceedings: 04:56 p.m. (IST)
  • Final Conclusion: 05:11 p.m. (IST) (post expiry of 15 minutes allotted for e-voting)
  • Mode: Video Conferencing/Other Audio-Visual Means without physical presence of members

Attendance and Participants

  • Chairman: Mr. Boman Irani, Chairman and Managing Director
  • Company Secretary: Mr. Bimal K Nanda
  • All Directors of the Company attended through video conference
  • Committee Chairpersons present: Audit Committee, Stakeholders Relationship Committee, Nomination and Remuneration Committee, Risk Management Committee, and Corporate Social Responsibility Committee
  • Representatives present: Statutory Auditors, Secretarial Auditor, and Scrutinizers for remote voting and e-voting

Proceedings Summary

The meeting commenced with the Company Secretary welcoming members and providing general instructions. The Notice of 31st AGM along with Audited Financial Statements, Board's Report and Auditors' Report for FY2025-26 were taken as read.

The Statutory Auditor Report was confirmed to have no qualifications, reservation or adverse remarks. Statutory Registers and other relevant documents as required under the Companies Act, 2013 were available for inspection.

Chairman Boman Irani addressed members on highlights of overall business performance through a presentation, focusing on innovation and sustainability of the Company during FY2025-26.

Voting Arrangements

  • Cut-off date: Friday, September 11, 2026
  • Remote e-voting facility: Administrated by National Securities Depository Limited
  • Voting period: September 14, 2026 (09:00 a.m.) to September 17, 2026 (05:00 p.m.)
  • Post-meeting voting: Available for 15 minutes after conclusion of proceedings for members who hadn't voted remotely
  • Scrutinizer: Mr. Dinesh Kumar Deora, Partner (or Mr. Tribhuwneshwar Kaushik) of DM & Associates Company Secretaries LLP
  • Scrutinizer's Report: To be uploaded on Company's website with intimation to stock exchanges

Business Transacted

The following resolutions were considered at the AGM:

1. Adoption of audited standalone Financial Statements for FY2025-26 with Reports of Board and Auditors (Ordinary Resolution)

2. Adoption of consolidated Financial Statements for FY2025-26 with Auditors' Report (Ordinary Resolution)

3. Re-appointment of Mr. Percy Chowdhry (DIN: 00057529) as Director retiring by rotation (Ordinary Resolution)

4. Appointment of Statutory Auditor of the Company (Ordinary Resolution)

5. Ratification of remuneration of Cost Auditor for FY2026-27 (Ordinary Resolution)

6. Re-appointment of Mr. Boman Irani as Chairman and Managing Director (Special Resolution)

7. Approval of remuneration of Mr. Boman Irani, Chairman and Managing Director (Special Resolution)

8. Re-appointment of Mr. Chandresh Mehta as Executive Director (Special Resolution)

9. Approval of remuneration of Mr. Chandresh Mehta, Executive Director (Special Resolution)

10. Re-appointment of Mr. Percy Chowdhry as Executive Director (Special Resolution)

11. Approval of remuneration of Mr. Percy Chowdhry, Executive Director (Special Resolution)

12. Re-appointment of Mr. Ramesh Tainwala as Non-Executive Independent Director (Special Resolution)

13. Re-appointment of Mr. Rahul Divan as Non-Executive Independent Director (Special Resolution)

14. Re-appointment of Ms. Seema Mohapatra as Non-Executive Independent Director (Special Resolution)

15. Approval of commission payable to Non-Executive Directors (Special Resolution)

16. Authorization for borrowings by way of issuance of Non-Convertible Debentures/Bonds/other instruments (Special Resolution)

Shareholder Interaction

Members were invited to express views and ask questions. Speaker members raised queries on financial performance and other relevant matters. Necessary clarifications/responses were provided by the Chairman and CFO of the Company.

Conclusion

The Chairman thanked members for attending and participating, and acknowledged the entire Rustomjee team. The proceedings concluded at 05:11 p.m. (IST) after the 15-minute voting window closed.