Meeting Details
- Date and Time: September 15, 2026, at 11:30 AM IST
- Location: Rivaz, Ground Floor, Courtyard by Marriott Pune Chakan, Plot P-7, MIDC, Chakan Industrial Area Phase-1, Talegaon-Chakan Road, Khalumbre, Pune - 410501, Maharashtra, India
- Duration: Meeting commenced at 11:30 AM and concluded at 12:30 PM IST
- Quorum: A total of 44 members attended (including 1 proxy and 6 authorized representatives), with requisite quorum present
Attendees
Board Members Present:
- Mr. Kushal Subbayya Hegde, Chairman & Executive Director (presided as Chairman)
- Mr. Rajesh Kushal Hegde, Managing Director
- Ms. Rakhi Shetty, Whole-time Director
- Mr. Dinesh Munot, Independent Director
- Mr. Ram Kumar Tiwari, Independent Director
- Mr. Ajay Shriram Patil, Independent Director
Board Members Absent:
- Mr. Rohit Kushal Hegde, Non-Executive Non-Independent Director
- Mrs. Indu Jacob, Independent Director
Senior Management Present:
- Mr. Hukumchand Lakhotiya – Chief Executive Officer
- Mr. Amod Joshi – Chief Financial Officer
- Mr. Ganesh Prasad – Technical Director
- Mr. Sandeep Sharma – Sr. Vice President – Sales, Marketing, BD & CS – Power Equipment
- Mr. Suresh Patil – Asst. Vice President – Operations
- Mr. Dhruv Chopra – Head – Investor Relations
Auditors Present:
- Representatives of M/s. Kirtane & Pandit LLP, Chartered Accountants (Statutory Auditors)
- Representatives of M/s. KANJ & CO LLP (Secretarial Auditor)
Voting Procedures
- Remote e-voting period: September 12, 2026 (9:00 AM IST) to September 14, 2026 (5:00 PM IST)
- Cut-off date: September 8, 2026
- Scrutinizer: M/s. Mehta & Mehta, Practicing Company Secretaries appointed to ensure fair and transparent voting process
- Voting at venue: Members present who had not voted remotely were eligible to vote at the AGM venue
Resolutions Considered and Approved
Ordinary Business - Ordinary Resolutions:
1. Adoption of audited financial statements for the financial year ended March 31, 2026, together with reports of Board of Directors and Auditors
2. Re-appointment of Ms. Rakhi Shetty (DIN: 03124510) who retired by rotation
3. Re-appointment of Mr. Rohit Kushal Hegde (DIN: 00134926) who retired by rotation
Special Business - Ordinary Resolutions:
4. Appointment of M/s. KANJ & Co. LLP, Company Secretaries, as Secretarial Auditors for five consecutive financial years from April 1, 2026 to March 31, 2031, and approval of their remuneration for FY 2026-27
5. Ratification of remuneration payable to M/s. Joshi Apte & Associates, Cost Accountants, as Cost Auditor for FY 2026-27
6. Approval of remuneration payable to Independent Directors for FY 2025-26 and authorization of Board to determine remuneration for subsequent financial years within statutory ceiling
Key Presentations and Discussions
- Mr. Rajesh Hegde, Managing Director, provided an overview of Company's performance for FY ended March 31, 2026
- Operational and strategic progress was discussed along with outlook for the year ahead
- Statutory Auditors' report and Secretarial Auditor's report contained no qualifications, observations, or comments with adverse effect on Company functioning
- Member queries regarding Company operations were responded to by Mr. Rajesh Hegde (Managing Director), Mr. Hukumchand Lakhotiya (CEO), Mr. Amod Joshi (CFO), and Mr. Dhruv Chopra (Head – Investor Relations)
Documentation and Compliance
- AGM Notice was sent to all Members within statutory period
- Statutory registers and records were available for inspection during meeting, including Register of Directors and Key Managerial Personnel, Register of Contracts, Memorandum and Articles of Association
- Proceedings will be hosted on company website at https://kshinternational.com/investor-relations/general-meeting-postal-ballot/
Administrative Details
- Mr. Nakul Shivaji Patil, Company Secretary and Compliance Officer (Membership No.: A39990), was authorized to assist Chairman, read statutory disclosures, and declare voting results
- The meeting concluded with a vote of thanks to the Chair at 12:30 PM IST