Meeting Details

The 36th Annual General Meeting of Krishanveer Forge Limited was held on Friday, September 18, 2026 at 11:30 AM (IST) through Video Conferencing/Other Audio Visual Means. The meeting was deemed to be conducted at the Registered Office of the Company at Office No. 511 to 513, Global Square, S. No. 247, 14B, Yerawada, Pune-411 006.

Attendance

Board Members Present:

  • Mr. Arun Jindal - Chairman-Non Executive Director
  • Mr. Nitin Rajore - Whole Time Director
  • Mr. Ratanlal Goel - Non-Executive Independent Director & Chairman of Audit Committee, Nomination & Remuneration Committee and Stakeholder Relationship Committee
  • Ms. Sudha Santhanam - Non-Executive Independent Director

Officials Present:

  • Mr. Viralkumar Shah - Chief Financial Officer
  • Mr. Mahendra Samdole - Company Secretary and Compliance Officer

Other Attendees:

  • Mr. Suneel Ghatpande and Mr. Nirav Shah - Partners, M/s Gokhale, Tanksale and Ghatpande, Chartered Accountants - Statutory Auditor
  • Mr. Satish Kadroli - Partner, Satish & Satish, Practising Company Secretaries, Pune - Secretarial Auditor and Scrutinizer for the 36th AGM

Key Proceedings

The meeting commenced at 11:30 AM with the Company Secretary confirming requisite quorum was present. The Chairman, Mr. Arun Jindal, called the meeting to order and made opening remarks about the company's performance during FY2025-26.

The Notice convening the 36th AGM and the 36th Annual Report were taken as read. The Company Secretary confirmed that:

  • The Statutory Auditors Report on the financial statements for FY2025-26 contained no qualifications, reservations, adverse remarks or disclaimers
  • The Secretarial Auditor's Report for FY2025-26 contained no qualifications, reservations, adverse remarks or disclaimers
  • E-voting facilities were provided to all shareholders for all business items

Business Transacted

ORDINARY BUSINESS:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 together with Reports of Board of Directors and Auditors (Ordinary Resolution)

2. Declaration of dividend of ₹3.00 per Equity Share for FY ended March 31, 2026 (Ordinary Resolution)

3. Appointment of Director in place of Mr. Nitin Shyam Rajore (DIN: 01802633) who retires by rotation (Ordinary Resolution)

SPECIAL BUSINESS:

4. Re-Appointment of Mr. Nitin Shyam Rajore (DIN: 01802633) as Whole Time Director (Special Resolution)

5. Appointment of Mr. Ravi Kapoor (DIN: 07291227) as Independent Director (Special Resolution)

6. Appointment of Ms. Vijeta Subhash Kulkarni (DIN: 11841890) as Independent Director (Special Resolution)

7. Approval of Material Related Party Transactions with Related Parties during specified period (Ordinary Resolution)

Shareholder Engagement

Six speaker registration requests were received. Speaker shareholders were unmuted individually to express their views, and the Chairman addressed all queries raised.

Voting and Results

The voting facility remained open for 30 minutes after the conclusion of the meeting for those who had not voted through remote e-voting earlier. The consolidated voting results along with the scrutinizer's report will be disseminated through the stock exchange within 2 working days from the conclusion of AGM in the format prescribed under Regulation 44 of LODR Regulations, 2015, and will also be placed on the company website.

Meeting Conclusion

The AGM concluded at 12:21 AM (including time allowed for e-voting). The Chairman conveyed thanks to all stakeholders including Customers, Suppliers, Bankers, Financial Institutions, Employees and State and Central Government Authorities.