M&B Engineering Limited held its 44th Annual General Meeting (AGM) on Thursday, 17th September, 2026, at 12:00 Noon (IST) through Video Conferencing/Other Audio Visual Means without physical presence of members, in compliance with MCA Circular No. 03/2025 dated 22nd September, 2025 and other relevant circulars.

The company provided remote e-voting facility from 14th September to 16th September, 2026, and e-voting facility during the AGM for members who had not voted remotely. The cutoff date for determining voting rights was 10th September, 2026.

The Board appointed Mr. Kashyap R. Mehta (Membership No. FCS 1821) and failing him, Mr. Yash K. Mehta (Membership No. ACS 43020) of Kashyap R. Mehta & Partners, Ahmedabad as Scrutineer. The Scrutineer submitted their report on 17th September, 2026.

Based on the Scrutineer's Report, all eight resolutions contained in the AGM notice dated 10th August, 2026 were duly passed with overwhelming majority:

Resolution Details:

1. Adoption of Audited Financial Statements (Ordinary Resolution): 4,45,53,836 shares in favor (100.00%), 6 shares against

2. Declaration of final dividend of ₹1.00 per share (Ordinary Resolution): 4,45,53,835 shares in favor (100.00%), 7 shares against

3. Re-appointment of Mr. Aditya Vipinbhai Patel (DIN: 07103812) as Director (Ordinary Resolution): 4,45,53,835 shares in favor (100.00%), 7 shares against

4. Re-appointment of Ms. Birva Chirag Patel (DIN: 07203299) as Director (Ordinary Resolution): 4,45,53,835 shares in favor (100.00%), 7 shares against

5. Ratification of remuneration payable to Cost Auditors for FY 2026-27 (Ordinary Resolution): 4,45,53,834 shares in favor (100.00%), 8 shares against

6. Re-appointment of Ms. Birva Chirag Patel as Whole-time Director for 3 years from 2nd April, 2027 to 1st April, 2030 (Special Resolution): 4,45,53,834 shares in favor (100.00%), 8 shares against

7. Re-appointment of Mr. Aditya Vipinbhai Patel as Whole-time Director for 3 years from 2nd April, 2027 to 1st April, 2030 (Special Resolution): 4,45,53,835 shares in favor (100.00%), 7 shares against

8. Maintenance of Register of Members at MUFG Intime India Private Limited (RTA) (Special Resolution): 4,45,53,835 shares in favor (100.00%), 7 shares against

Voting Participation:

  • Total shareholders on cut-off date: 35,960
  • Shareholders attended meeting through VC/OAVM: 49 (Promoter & Promoter Group: 8, Public: 41)
  • Total shares voted: 4,45,53,842 (77.96% of outstanding shares)
  • Promoter & Promoter Group: 4,03,53,741 shares voted (100% of their holding)
  • Public Institutions: 41,50,445 shares voted (81.79% of their holding)
  • Public Non-Institutions: 49,656 shares voted (0.42% of their holding)

The e-voting was conducted through Central Depository Services (India) Limited (CDSL), and the results were unblocked by the Scrutineer on 17th September, 2026 in the presence of witnesses Parth B. Thakkar and Aanal R. Desai.

#M&BEngineering #AGM #SEBIDisclosure #Dividend #CorporateGovernance #Neutral