Meeting Details

  • Date: Wednesday, September 23, 2026
  • Time: 02:00 P.M.
  • Location: Plot No. 2234, Near Kranti Gate, GIDC Metoda – 360 021, Talu-Lodhika, Dist-Rajkot, Gujarat, India
  • Type: 23rd Annual General Meeting

Proposed Resolutions and Implications

1. Resolution No. 1: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2026, together with the Report of the Board of Directors and Auditor's thereon (Ordinary Resolution)

2. Resolution No. 2: To declare final dividend for the financial year ended March 31, 2026 (Ordinary Resolution)

3. Resolution No. 3: To appoint a Director in place of Mrs. Riyaben Rupeshbhai Mehta [DIN:01603726] who retires by rotation and, being eligible, offers herself for reappointment (Ordinary Resolution)

4. Resolution No. 4: To ratify Remuneration of Cost Auditor for Financial Year 2026-27 (Ordinary Resolution)

Voting Process and Methods

  • Remote e-voting: Conducted through "INSTAVOTE" platform provided by MUFG Intime India Private Limited
  • E-voting period: Opened at 9:00 a.m. on September 20, 2026 and closed at 5:00 p.m. on September 22, 2026
  • Physical voting: Ballot paper facility was available at AGM for members who did not vote remotely
  • Cut-off date: September 16, 2026 for shareholder eligibility
  • No physical votes: Zero votes were cast through ballot paper at the AGM

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 19,270
  • Shareholders present in meeting: 40 (7 Promoter/Promoter Group + 31 Public + 2 unspecified)
  • Total shares outstanding: 10,004,160
  • Total votes cast: 7,347,775 (73.45% of outstanding shares)

Resolution-wise Results:

Resolution 1 - Adoption of Financial Statements

  • Total votes: 7,347,775 (73.45%)
  • In favor: 7,347,773 (99.99997%)
  • Against: 2 (0.00003%)
  • Passed: Yes

Resolution 2 - Final Dividend Declaration

  • Total votes: 7,347,775 (73.45%)
  • In favor: 7,347,773 (99.99997%)
  • Against: 2 (0.00003%)
  • Passed: Yes

Resolution 3 - Director Reappointment

  • Total valid votes: 6,007,793 (60.05294%)
  • In favor: 6,007,791 (99.99997%)
  • Against: 2 (0.00003%)
  • Invalid votes: 1,339,982 (from Promoter and Promoter Group due to Mrs. Mehta's interest)
  • Passed: Yes

Resolution 4 - Cost Auditor Remuneration

  • Total votes: 7,347,775 (73.45%)
  • In favor: 7,347,748 (99.9996%)
  • Against: 27 (0.0004%)
  • Passed: Yes

Category-wise Voting Breakdown:

Promoter and Promoter Group

  • Shares held: 7,325,021
  • Resolution 1 & 2: 7,325,021 votes (100% in favor)
  • Resolution 3: 5,985,039 valid votes (100% in favor) + 1,339,982 invalid votes
  • Resolution 4: 7,325,021 votes (100% in favor)

Public Institutions

  • Shares held: 137,766
  • All resolutions: 101 votes (0.073% participation, 100% in favor)

Public-Non Institutions

  • Shares held: 2,541,373
  • Resolution 1 & 2: 22,653 votes (0.89% participation, 99.99% in favor, 0.01% against)
  • Resolution 3: 22,653 votes (0.89% participation, 99.99% in favor, 0.01% against)
  • Resolution 4: 22,653 votes (0.89% participation, 99.88% in favor, 0.12% against)

Scrutinizer's Role and Findings

  • Scrutinizer: Kalpesh P. Rachchh, Practicing Company Secretary, Proprietor of M/s. K.P. RACHCHH & Co., Rajkot
  • Appointment: By Board of Directors of MACPOWER CNC MACHINES LIMITED
  • Responsibilities: Scrutinizing e-voting process through INSTAVOTE platform and physical voting through ballot paper
  • Vote unblocking: Conducted at 3:46 p.m. on September 23, 2026 in presence of Ms. Prachi Maniyar and Mr. Jay Tanna (non-employees)
  • Conclusion: All four resolutions passed with requisite majority

Compliance Confirmation

  • Compliance with Section 108 of Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014
  • Compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Notice of AGM along with Annual Report 2025-26 sent to shareholders through electronic mode and physical dispatch where required
  • Advertisement published in newspaper; materials uploaded on company website (www.macpowercnc.com) and stock exchange website

Additional Information

  • Voting results available on company website: www.macpowercnc.com
  • All records relating to electronic voting remain in scrutinizer's safe custody until Chairman approves and signs Minutes of AGM
  • Date of report: September 24, 2026
  • Place: Metoda, Rajkot