AGM Overview

The 24th Annual General Meeting (AGM) of Man Infraconstruction Limited was held on Wednesday, August 12, 2026 through video conferencing/other audio visual means in accordance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India. The meeting sought approval of members on resolutions set out in the Notice dated July 06, 2026.

Scrutinizer Appointment

The Company appointed Mr. Himanshu S. Kamdar, Practicing Company Secretary, as the Scrutinizer to conduct the voting process in a fair and transparent manner. Remote e-voting facility was made available to shareholders from 9:00 AM on Sunday, August 9, 2026 up to 5:00 PM on Tuesday, August 11, 2026.

Resolutions and Voting Results

Resolution 1: Adoption of Annual Accounts (Ordinary Resolution)

  • To receive, consider and adopt:
  • a) Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
  • b) Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of Auditors
  • Total votes polled: 28,68,66,957 shares from 182 members
  • Votes in favor: 28,68,66,026 shares (100.00%)
  • Votes against: 931 shares (0.00%)

Resolution 2: Confirmation of Interim Dividends as Final Dividend (Ordinary Resolution)

  • To confirm following Interim Dividends paid during the year as Final Dividend for FY ended March 31, 2026:
  • a) First Interim Dividend of Re 0.45 per equity share of ₹2 each
  • b) Second Interim Dividend of Re 0.45 per equity share of ₹2 each
  • Total votes polled: 28,68,78,018 shares from 183 members
  • Votes in favor: 28,68,77,117 shares (99.9997%)
  • Votes against: 901 shares (0.0003%)

Resolution 3: Re-appointment of Mr. Ashok M. Mehta (Ordinary Resolution)

  • Re-appointment of Mr. Ashok M. Mehta (DIN: 03099844) who retired by rotation and offered himself for re-appointment
  • Total votes polled: 28,68,78,018 shares from 183 members
  • Votes in favor: 28,56,29,503 shares (99.5648%)
  • Votes against: 12,48,515 shares (0.4352%)

Resolution 4: Non-appointment of Mr. Berjis Desai (Ordinary Resolution)

  • Non-appointment of Mr. Berjis Desai (DIN: 00153675) who retired by rotation and did not offer himself for re-appointment
  • Reason: Consequent upon his appointment as Member, National Commission on Minorities by the Government of India
  • Non-filling up of the vacancy caused on the Board
  • Total votes polled: 28,06,46,018 shares from 182 members
  • Votes in favor: 28,06,44,950 shares (99.9996%)
  • Votes against: 1,068 shares (0.0004%)

Resolution 5: Ratification of Cost Auditor Remuneration (Ordinary Resolution)

  • Ratification of payment of remuneration of ₹97,750/- plus applicable taxes and reimbursement of out of pocket expenses to M/s Shekhar Joshi & Co., Cost Accountants (Firm Registration Number 100448)
  • Appointed by Board of Directors as Cost Auditors to conduct audit of cost records for FY ending March 31, 2027
  • Total votes polled: 28,62,78,018 shares from 183 members
  • Votes in favor: 28,68,77,086 shares (100.0000%)
  • Votes against: 932 shares (0.0000%)

Resolution 6: Appointment of Mr. Rajiv N. Sheth as Independent Director (Special Resolution)

  • Appointment of Mr. Rajiv N. Sheth (DIN: 00539774) as Non-Executive, Independent Director
  • Term: First term of 5 consecutive years from July 3, 2026 to July 2, 2031
  • Office not liable to retirement by rotation
  • Total votes polled: 28,68,78,018 shares from 183 members
  • Votes in favor: 28,15,13,442 shares (98.1300%)
  • Votes against: 53,64,576 shares (1.8700%)

Shareholder Participation Details

  • Total number of shareholders on record date (cut-off date: August 5, 2026): 88,832
  • Shareholders attended meeting through Video Conferencing:
  • Promoters and Promoter Group: 5
  • Public: 67

Category-wise Voting Breakdown

Detailed voting results are provided for each resolution across three shareholder categories:

1. Promoter and Promoter Group (25,23,81,757 shares)

2. Public Institutions (1,21,47,905 shares)

3. Public Non-Institutions (13,91,36,843 shares)

For each resolution, the disclosure includes mode of voting (E-Voting only), number of shares held, number of votes polled, percentage of votes polled on outstanding shares, number of votes in favor, number of votes against, and percentage calculations.

Declaration

Durgesh Dingankar, Company Secretary, declared that all resolutions set out in the Notice of AGM have been passed with requisite majority by the Members of the Company.