Nature of Event

Regulatory intimation regarding the 23rd Annual General Meeting (AGM) to be conducted through Video Conferencing/Other Audio Visual Means, including details of e-voting facility and book closure period.

Key Dates

  • 23rd AGM Date: Monday, September 28, 2026 at 11:30 AM IST
  • Cut-off date for e-voting: Monday, September 21, 2026
  • Remote e-voting period: September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)
  • Book closure period: September 22, 2026 to September 28, 2026 (both days inclusive)
  • Record date for determining members: September 21, 2026

Ordinary Business

1. To receive, consider and adopt the Audited Balance Sheet as at March 31, 2026, Statement of Profit & Loss Account, Cash Flow Statement for the year ended March 31, 2026, and Reports of Board of Directors and Auditors.

2. To appoint a director in place of Mr. Ashish Jain (DIN: 06942547) who retires by rotation and offers himself for re-appointment.

Special Business

Item 3: Ratification of Cost Auditor Remuneration

  • Appointment of M/s Vivek Bothra, Cost Accountant (Membership No. 16308) as Cost Auditor for financial year ending March 31, 2027
  • Remuneration: ₹0.90 lacs (₹90,000) excluding service tax and out-of-pocket expenses
  • Requires ordinary resolution approval

Item 4: Re-appointment of Mr. Ashish Jain as Whole-time Executive Director

  • Period: April 1, 2027 to March 31, 2030 (3 years)
  • Remuneration structure:
  • Basic Salary: ₹55,00,000 per annum (ceiling: ₹1,80,00,000)
  • Special Allowance: ₹60,00,000 per annum (ceiling: ₹1,80,00,000)
  • Incentive Pay: Up to ₹5,00,00,000 per annum linked to achievement of targets
  • Long-term Incentive Compensation including ESOP, RSU, SAR, Phantom RSU
  • Perquisites include housing, maintenance, medical expenses reimbursement, insurance, car facility, club membership, retirement benefits
  • Current remuneration: ₹104.20 lakhs per annum (FY2025-26)
  • Shareholding: 40,000 equity shares (0.0667% of total equity)
  • Requires special resolution approval

Item 5: Re-appointment of Mrs. Priti Jain as Whole-time Executive Director

  • Period: April 1, 2027 to March 31, 2030 (3 years)
  • Remuneration structure:
  • Basic Salary: ₹50,00,000 per annum (ceiling: ₹1,80,00,000)
  • Special Allowance: ₹60,00,000 per annum (ceiling: ₹1,80,00,000)
  • Incentive Pay: Up to ₹5,00,00,000 per annum linked to achievement of targets
  • Long-term Incentive Compensation including ESOP, RSU, SAR, Phantom RSU
  • Perquisites mirror those of Mr. Ashish Jain
  • Current remuneration: ₹85.61 lakhs per annum (FY2025-26)
  • Shareholding: 28,12,968 equity shares (4.69% of total equity)
  • Requires special resolution approval

Item 6: Re-appointment of Mr. Naveen Gupta as Executive Director

  • Period: April 1, 2026 to March 31, 2029 (3 years)
  • Current remuneration: ₹38.31 lakhs per annum (FY2025-26)
  • No shareholding in the company
  • Requires special resolution approval

Financial Performance Context

| Particulars | FY 2025-26 (₹ in lakhs) | FY 2024-25 (₹ in lakhs) | FY 2023-24 (₹ in lakhs) |

| Total Income | 81,921.95 | 81,549.42 | 96,076.25 |

| Net Profit Before Tax | 1,773.54 | 2,164.87 | 4,397.27 |

| Total Comprehensive Income | 1,323.41 | 1,535.33 | 3,280.99 |

The explanatory statement cites "inadequate profits in financial years due to delay in finalizing orders and realization of payments" as reason for seeking shareholder approval for director remuneration under Schedule V of Companies Act, 2013.

Service Providers

  • Registrar and Transfer Agent: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Scrutinizer: M/s. A Abhinav & Associates, Practicing Company Secretary
  • Video Conferencing facility provided through InstaMeet platform

Shareholder Information

  • Notice and Annual Report available on company website (www.maanaluminium.com), BSE (www.bseindia.com), and NSE (www.nseindia.com)
  • Physical copies available on request
  • Members holding physical shares advised to convert to dematerialized form
  • Dividend payment through electronic modes (ECS/NECS/ACH/RTGS/NEFT/IMPS)
  • No unclaimed dividend transferred to IEPF for FY2025-26

Voting Instructions

  • Individual shareholders holding demat securities can vote through NSDL/CDSL platforms
  • Physical shareholders and non-individual shareholders must register on InstaVote platform
  • Institutional shareholders require board resolution authorization for voting
  • Helpdesk contacts provided for technical support