Key Dates
- AGM Date: 27 August 2026
- AGM Timing: 11:30 AM to 11:46 AM (16 minutes duration)
- Notice Date: 26 May 2026
- Remote E-voting Period: 24 August 2026 to 26 August 2026
- E-voting Extended: Remained open until 15 minutes after AGM conclusion (until 12:01 PM)
Meeting Details
- Mode: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
- Compliance: Held in accordance with MCA General Circulars, SEBI circulars, and Companies Act, 2013
- Quorum: Requisite quorum was present
Attendees
Directors Present:
- Mr. Jagesh Kumar Khaitan (Chairman of the Board)
- Mr. Pavan Khaitan (Vice Chairman & Managing Director, Chairman of CSR Committee and Risk Management Committee)
- Mr. Vivek Bihani (Chairman of Audit Committee, Stakeholders Relationship Committee, and Nomination and Remuneration Committee)
- Ms. Shireen Sethi (Independent Director)
- Mr. Jagdeep Hira (Whole Time Director & CEO–Operations)
Officers Present:
- Mr. Vikram Kumar Khaitan (Chief Financial Officer)
- Mr. Gurinder Singh Makkar (Company Secretary & Compliance Officer)
Auditors Present:
- Mr. Atul Bagla (Statutory Auditor)
- Mr. S.K. Sikka (Secretarial Auditor / Scrutinizer)
Business Transacted
Five resolutions were considered and approved at the AGM:
1. Ordinary Resolution: Adoption of Financial Statements for financial year ended 31 March 2026
2. Ordinary Resolution: Declaration of Dividend for Financial Year 2025-26 on Equity Shares
3. Ordinary Resolution: Appointment of Shri Jagesh Kumar Khaitan (DIN: 00026264) as director retiring by rotation
4. Ordinary Resolution: Ratification and approval of remuneration payable to Cost Auditors
5. Special Resolution: Re-appointment of Shri Pavan Khaitan (DIN: 00026256) as Vice Chairman & Managing Director for a period of three years effective from 1 April 2027
Voting Process
- Remote e-voting administered by NSDL from 24-26 August 2026
- Venue e-voting available during AGM until 15 minutes after conclusion
- Mr. S.K. Sikka, Practicing Company Secretary, appointed as Scrutinizer to ensure fair and transparent voting process
- Detailed voting results and Scrutinizer's Report to be submitted to exchanges and placed on company website within stipulated timelines
Financial Reporting
- Statutory Auditor's Report on Annual Financial Statements for FY ended 31 March 2026 contained no qualifications, reservations, or adverse remarks
- Secretarial Auditor's Report for FY 2025-26 contained no qualifications, reservations, or adverse remarks
- All statutory registers and documents were available electronically for member inspection during AGM
Management Commentary
Mr. Pavan Khaitan, Vice Chairman, apprised members about:
- Company's progress and financial performance during year 2025-26
- Future plans of the company
Shareholder Engagement
- Shareholders registered as speakers were invited to express views/raise questions
- Queries were responded to by Chairman and Vice Chairman & Managing Director