Event Disclosure

Manaksia Steels Limited held its 25th Annual General Meeting (AGM) on Wednesday, September 23, 2026, at 03:00 PM IST through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting was conducted in compliance with the Companies Act, 2013, relevant rules, and circulars issued by the Ministry of Corporate Affairs, Government of India, and the Securities and Exchange Board of India (SEBI).

Meeting Details

The AGM commenced at 03:00 PM and concluded at 03:45 PM. The registered office of the Company was deemed the venue for technical compliance with Section 96(2) of the Companies Act, 2013. A total of 123 members attended the meeting through VC/OAVM.

Attendance

Directors Present:

  • Mr. Ramesh Kumar Maheshwari, Independent Director & Chairman of the Meeting
  • Independent Director (present through VC)
  • Independent Director (present through VC)
  • Managing Director
  • Non Executive Director
  • Non Executive Director

Other Attendees:

  • Representatives of Statutory Auditor: S K AGRAWAL AND CO. CHARTERED ACCOUNTANTS LLP
  • Representatives of Secretarial Auditor: MKB & Associates
  • Key Managerial Personnel

Proceedings Summary

The Chairman confirmed requisite quorum was present throughout the meeting. The Company Secretary introduced the Directors and Key Managerial Personnel to members and informed that statutory registers and documents were available for inspection on the e-voting website of National Securities Depository Limited (NSDL) until the meeting's conclusion.

Mr. Ramesh Kumar Maheshwari (Chairman) and Mr. Varun Agrawal (Managing Director) addressed the members. The notice convening the 25th AGM was taken as read with members' consent.

Auditor Reports

There were no qualifications, observations, or adverse remarks in both the Secretarial Audit Report and Statutory Auditor's Report for the financial year ended March 31, 2026. Both reports were taken as read.

Voting Arrangements

Ms. Pammy Jaiswal (Membership No. A48046, CP No.: 18059), Partner at Vinod Kothari & Company, was appointed as Scrutinizer. Remote e-voting was available from September 19, 2026 (09:00 AM IST) to September 22, 2026 (05:00 PM IST). E-voting facility was also provided during the meeting for members who hadn't voted remotely, with the voting window remaining open for 30 minutes after the AGM concluded.

Business Transacted

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026, including Balance Sheet, Statement of Profit & Loss, and Reports of Board of Directors and Auditors

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026, including Consolidated Balance Sheet and Statement of Profit & Loss

3. Re-appointment of Mr. Varun Agrawal (DIN: 00441271) as Director who retired by rotation

Special Business:

4. Ratification of remuneration of Cost Auditors for the Financial Year ending March 31, 2027

Member Interaction

Members registered as speakers were given opportunity to ask questions and share views. Mr. Varun Agrawal, Managing Director, provided clarifications to all relevant queries raised by members.

Results Declaration

The results of the resolutions will be declared after receipt of the Scrutinizer's Report and will be forwarded to BSE Limited and National Stock Exchange of India Limited. The results along with the Scrutinizer's Consolidated Report will be hosted on the company website (www.manaksiasteels.com) and NSDL's e-voting website (www.evoting.nsdl.com), and displayed on the notice board of the Registered Office.