Meeting Details

The 22nd Annual General Meeting was held on Wednesday, 12th August 2026 at 1:00 PM (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).

Resolutions and Implications

The meeting transacted the following business as per the AGM Notice dated 13th July, 2026:

Ordinary Business

  • Item No. 1: Adoption of Audited Financial Statements and Board Report - Ordinary Resolution
  • Item No. 2: Appointment of Mr. Sanjeev Binani (DIN: 01149866) as a Director, liable to retire by rotation - Ordinary Resolution

Special Business

  • Item No. 3: Approval of Re-Appointment of Mr. Hanuman Prasad Agarwal (DIN: 00654218) as Managing Director - Special Resolution
  • Item No. 4: Approval of Re-Appointment of Mr. Ankush Agarwal (DIN: 08071021) as Whole-Time Director - Special Resolution
  • Item No. 5: Approval of Re-Appointment of Mr. Naresh Kumar Agarwal (DIN: 01020334) as Whole-Time Director - Special Resolution
  • Item No. 6: Regularization for Appointment of Mr. Hunny Bhalotia (DIN: 11101662) as Non-Executive Independent Director - Special Resolution
  • Item No. 7: Ratification of Remuneration of Cost Auditor - Ordinary Resolution
  • Item No. 8: Corporate Guarantee to State Bank of India; YES Bank Ltd.; Axis Bank Ltd. and ICICI Bank Ltd. for credit facilities availed/to be availed by M/s. HM Power and Cables Private Limited under Section 185 of Companies Act, 2013 - Special Resolution

Voting Process and Methods

The company provided remote e-voting facility as per Section 108 of Companies Act, 2013, Rule 20 of Companies (Management and Administration) Rules, 2014, Regulation 44 of SEBI LODR Regulations, 2015, and Secretarial Standard-2.

Remote e-voting commenced on Sunday, 9th August 2026 (9:00 AM) and ended on Tuesday, 11th August 2026 (5:00 PM). Members who didn't participate in remote e-voting could cast votes through e-voting during the meeting, with voting remaining active until 30 minutes after meeting conclusion.

M/s. RSG & Associates, Company Secretaries, were appointed as Scrutinizer for the meeting.

Attendance and Participation

57 members were present in person through Video Conferencing/Other Audio-Visual Means. All Directors were present, along with representatives of Statutory Auditor and Secretarial Auditor through VC/OAVM.

Management Presentations

  • Mr. Hanuman Prasad Agarwal, Managing Director, addressed shareholders on company performance
  • Mr. Ankush Agarwal, Whole-time Director, presented operational performance and key developments
  • Mr. Anand Kumar Sharma, Chief Financial Officer, presented financial performance and key financial highlights

Director Profiles

Mr. Sanjeev Binani (DIN: 01149866)

B.Com graduate with 29 years experience in marketing and management. Associated with company since 2004, first appointed to board on 31st May 2004. Holds 150,000 equity shares. Not related to any director.

Mr. Hanuman Prasad Agarwal (DIN: 00654218)

Commerce graduate with 37 years experience in wire industry. Relative of Mr. Naresh Kumar Agarwal and Mr. Ankush Agarwal. Director of Classic Electrodes (India) Limited. Holds 17,510,787 equity shares.

Mr. Naresh Kumar Agarwal (DIN: 01020334)

Commerce graduate with 42 years experience. Relative of Mr. Ankush Agarwal and Mr. Hanuman Prasad Agarwal. Holds 12,599,999 equity shares. No other listed company directorships.

Mr. Ankush Agarwal (DIN: 08071021)

B.Tech graduate with 7 years experience in technology, marketing and administration. Relative of Mr. Naresh Kumar Agarwal and Mr. Hanuman Prasad Agarwal. Holds no equity shares. No other listed company directorships.

Mr. Hunny Bhalotia (DIN: 11101662)

Chartered Accountant (Membership No. 257985, FRN: 026342S) with 5 years experience in financial management, auditing, taxation, and strategic planning. Not related to any director. Holds no shares. Director of BIZ PROCESS HUBS PRIVATE LIMITED.

Compliance Confirmation

The proceedings confirm compliance with Companies Act, 2013, SEBI LODR Regulations, 2015, and applicable rules. Voting results and Scrutinizer's Report will be submitted to stock exchanges within two working days.

Meeting Conclusion

The meeting concluded with a vote of thanks at 1:55 PM after addressing shareholder queries raised during the meeting.