Meeting Details
The 16th Annual General Meeting was held on September 3, 2026, from 11:30 AM to 1:01 PM through Video Conferencing/Other Audio Visual Means. Record date was August 27, 2026, with 28,999 total shareholders.
Attendance Statistics
- Promoters and promoter group: 8 attendees via video conferencing
- Public shareholders: 54 attendees via video conferencing
- Total shareholders present: 62 (8 promoters + 54 public)
Voting Results Overview
All 11 resolutions were passed with overwhelming majority approval. Total votes polled: 63,159,825 shares (59.2304% of outstanding shares).
Resolution Details
Resolution 1: Adoption of Financial Statements
- Ordinary resolution to adopt Annual Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026
- Total votes in favor: 63,159,609 (99.9997%)
- Votes against: 216 (0.0003%)
Resolution 2: Final Dividend Declaration
- Ordinary resolution to declare final dividend of ₹0.05 per equity share (5% on face value of ₹1)
- Total votes in favor: 63,159,609 (99.9997%)
- Votes against: 216 (0.0003%)
Resolution 3: Director Reappointment
- Ordinary resolution to reappoint Mr. Karan Agrawal (DIN: 05348309) who retired by rotation
- Total votes in favor: 63,159,609 (99.9997%)
- Votes against: 216 (0.0003%)
Resolution 4: Cost Auditor Ratification
- Special resolution to ratify remuneration of Cost Auditors for FY ending March 31, 2027
- Appointed M/s S. Chaparia & Asscoaites as Cost Auditor
- Total votes in favor: 63,159,609 (99.9997%)
- Votes against: 216 (0.0003%)
Resolution 5: Whole Time Director Reappointment
- Special resolution to reappoint Mr. Venkata Srinarayana Addanki (DIN: 10141427) as Whole Time Director and fix remuneration
- Total votes in favor: 63,159,609 (99.9997%)
- Votes against: 216 (0.0003%)
Resolution 6: Managing Director Reappointment
- Special resolution to reappoint Mr. Sushil Kumar Agrawal (DIN: 00091793) as Managing Director
- Total votes in favor: 63,159,609 (99.9997%)
- Votes against: 216 (0.0003%)
Resolution 7: Whole-time Director Reappointment
- Special resolution to reappoint Mr. Karan Agrawal (DIN: 05348309) as Whole-time Director
- Total votes in favor: 63,158,609 (99.9981%)
- Votes against: 1,216 (0.0019%)
Resolution 8: Managing Director Remuneration Revision
- Special resolution to revise remuneration of Mr. Sushil Kumar Agrawal, Managing Director
- Total votes in favor: 63,159,587 (99.9996%)
- Votes against: 238 (0.0004%)
Resolution 9: Whole-time Director Remuneration Revision
- Special resolution to revise remuneration of Mr. Karan Agrawal, Whole-time Director
- Total votes in favor: 63,158,587 (99.9980%)
- Votes against: 1,238 (0.0020%)
Resolution 10: Director Remuneration Revision
- Special resolution to revise remuneration of Mr. Tushar Agrawal
- Total votes in favor: 63,158,607 (99.9981%)
- Votes against: 1,218 (0.0019%)
Resolution 11: Vice-President Appointment
- Special resolution to approve appointment of Mr. Devansh Agrawal as Vice-President Business Development at remuneration of ₹8,00,000 per month
- Total votes in favor: 63,156,589 (99.9949%)
- Votes against: 3,236 (0.0051%)
Voting Participation by Category
Promoter and Promoter Group:
- Shares held: 61,608,767
- Votes polled: 61,608,767 (100% participation)
- All votes in favor across all resolutions
Public Institutions:
- Shares held: 847,165
- Votes polled: 639,992 (75.5451% participation)
- All votes in favor across all resolutions
Public Non-Institutions:
- Shares held: 44,178,118
- Votes polled: 911,066 (2.0623% participation)
- Minimal votes against across various resolutions
Scrutinizer Details
- Name: Anil Kumar Dubey (FCS No. 9844)
- Firm: M & A Associates
- Appointment date: July 14, 2026
- Report issuance date: September 3, 2026
E-Voting Process
- Remote e-voting period: August 31, 2026 (9:00 AM) to September 2, 2026 (5:00 PM)
- E-voting agency: National Securities Depository Limited (NSDL)
- Cut-off date: August 27, 2026
Document Availability
The voting results and scrutinizer's report are available on company website (https://www.manaksiacoatedmetals.com/) and NSDL e-voting website (www.evoting.nsdl.com).