Meeting Details

  • Date: Friday, 25th September 2026
  • Time: 12:30 PM to 1:40 PM
  • Type: 31st Annual General Meeting
  • Mode: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Record Date: 18th September 2026
  • Total Shareholders on Record Date: 240,996

Proposed Resolutions and Implications

Six resolutions were considered and approved:

1. Adoption of Financial Statements: To receive, consider and adopt the audited Standalone and Consolidated Financial Statements for the financial year ended 31st March 2026, together with the Reports of the Board of Directors and Auditors.

2. Dividend Declaration: To declare final Dividend of ₹0.25 per Equity share of ₹2.00 each to the Shareholders for the financial year 2025-26.

3. Director Reappointment: To appoint Smt. K Yashoda (DIN: 05157487) as Director who retires by rotation and being eligible, offers herself for reappointment.

4. Cost Auditor Remuneration: Ratification of remuneration of the Cost Auditors for the financial year ending 31st March 2027.

5. Related Party Transaction: To enter into material related party transactions with M/s KNRHC Baidyanath Banhardih Coal Mine Private Limited, subsidiary of the Company.

6. Related Party Transaction: To enter into material related party transaction(s) with M/s KNR-SIML (JV), related party of the Company.

Voting Process and Methods

  • Remote e-voting period: Opened at 9:00 AM on Tuesday, 22nd September 2026 and closed at 5:00 PM on Thursday, 24th September 2026
  • E-voting during AGM: Conducted electronically during the meeting
  • Voting service provider: Central Depository Services (India) Limited (CDSL)
  • Voting rights reckoned: As on 18th September 2026 (cut-off date)
  • Annual Reports and e-voting instructions: Sent by electronic mode (e-mail) to members whose email addresses were registered

Key Voting Outcomes

Overall Participation

  • Total shares outstanding: 281,234,600
  • Total votes polled: 193,580,191 (68.83% of outstanding shares)
  • Number of shareholders voting: 299 in favor across most resolutions

Resolution-wise Results

Resolution 1: Adoption of Financial Statements

  • Total votes polled: 193,497,426 (68.80%)
  • In favor: 193,496,413 (99.9995% of votes polled)
  • Against: 1,013 (0.0005% of votes polled)
  • Result: Passed

Resolution 2: Dividend Declaration

  • Total votes polled: 193,580,191 (68.83%)
  • In favor: 193,576,378 (99.9980% of votes polled)
  • Against: 3,813 (0.0020% of votes polled)
  • Result: Passed

Resolution 3: Director Reappointment

  • Total votes polled: 193,580,191 (68.83%)
  • In favor: 193,571,236 (99.9954% of votes polled)
  • Against: 8,955 (0.0046% of votes polled)
  • Result: Passed

Resolution 4: Cost Auditor Remuneration

  • Total votes polled: 193,580,191 (68.83%)
  • In favor: 193,579,046 (99.9994% of votes polled)
  • Against: 1,145 (0.0006% of votes polled)
  • Result: Passed

Resolution 5: Related Party Transaction (KNRHC)

  • Total votes polled: 56,321,045 (20.03% - excluding promoter votes)
  • In favor: 44,378,905 (78.80% of votes polled)
  • Against: 11,942,140 (21.20% of votes polled)
  • Result: Passed
  • Note: Votes cast by promoter/promoter group not considered valid as per SEBI LODR Regulation 23

Resolution 6: Related Party Transaction (KNR-SIML JV)

  • Total votes polled: 56,321,045 (20.03% - excluding promoter votes)
  • In favor: 44,378,892 (78.80% of votes polled)
  • Against: 11,942,153 (21.20% of votes polled)
  • Result: Passed
  • Note: Votes cast by promoter/promoter group not considered valid as per SEBI LODR Regulation 23

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares held: 137,259,146 (48.80% of total)
  • Votes polled: 137,259,146 (100% participation)
  • Voting mode: Entirely through e-voting

Public-Institutions

  • Shares held: 56,698,197 (20.16% of total)
  • Votes polled: 54,068,463 (95.36% participation)
  • Voting mode: Entirely through e-voting

Public-Non Institutions

  • Shares held: 87,277,257 (31.03% of total)
  • Votes polled: 2,252,582 (2.58% participation)
  • Voting mode: Entirely through e-voting

Scrutinizer's Role and Findings

  • Name: Vikas Sirohiya
  • Firm: P S Rao and Associates
  • Qualification: Company Secretary
  • Membership Number: 15116
  • Appointment Date: 13th August 2026
  • Report Issuance Date: 26th September 2026

Scrutinizer's Responsibilities

  • Ensured voting process (remote e-voting and e-voting during AGM) conducted fairly and transparently
  • Provided consolidated report of total votes cast based on report generated from CDSL e-voting system
  • Votes were unblocked and downloaded from CDSL website in presence of two witnesses (Parikshit Lova and Sakshi Bansal)
  • All electronic data and relevant records of voting remain in scrutinizer's custody until Chairman approves and signs minutes

Scrutinizer's Certification

  • Compliance with Companies Act, 2013 and Rules made thereunder
  • Compliance with MCA and SEBI circulars relating to conducting AGM through VC/OAVM
  • Voting rights reckoned as on cutoff date (18th September 2026)
  • All resolutions passed with requisite majority

Compliance Confirmation

  • Conducted in compliance with Section 108 of Companies Act, 2013
  • Followed Rule 20 & 21 of Companies (Management and Administration) Rules, 2014 (Amendment Rules, 2015)
  • Complied with SEBI (LODR) Regulations, 2015, particularly Regulation 23 for related party transactions
  • Followed MCA and SEBI circulars regarding e-voting and virtual meetings

Additional Information

  • Witnesses: Parikshit Lova and Sakshi Bansal
  • Invalid Votes: Nil across all resolutions
  • Voting System: Central Depository Services (India) Limited (CDSL)