Event Details

The 50th Annual General Meeting of Mangalam Cement Limited was held on Friday, 21st August, 2026 at 02:00 PM IST through Video Conferencing/Other Audio Visual Means. The meeting concluded at 03:15 PM IST.

Attendance

Directors in Attendance:

  • Shri Anshuman Vikram Jalan, Chairman (joined from Kolkata)
  • Shri Nand Gopal Khaitan, Non-Executive Non-Independent Director & Chairman of Stakeholder Relationship Committee (Kolkata)
  • Smt. Himalyani Gupta, Non-Executive Independent Director; Chairperson of Audit Committee & Nomination and Remuneration Committee (New Delhi)
  • Shri Gaurav Goel, Non-Executive Non-Independent Director (New Delhi)
  • Shri Arun Chawla, Non-Executive Independent Director (New Delhi)
  • Shri Anand Daga, Non-Executive Independent Director (Kolkata)
  • Shri Ajit Cherian Kuruvilla, Non-Executive Independent Director (Kolkata)
  • Shri Yaswant Mishra, Executive Director & CFO (Kolkata)

Other Representatives:

  • Shri Kuldeep Maloo, Authorized Representative M/s. Singhi & Co., Statutory Auditors (New Delhi)
  • Shri Akshit Kumar Jangid, Partner M/s Pinchaa & Co., Secretarial Auditors & Scrutinizer (Jaipur)
  • Shri Pawan Kumar Thakur, Company Secretary (Morak, Kota, Rajasthan)

Quorum

A total of 73 Members representing 1,13,38,915 Shares attended the meeting.

Proceedings Summary

The meeting was conducted in compliance with MCA and SEBI circulars and Companies Act, 2013 provisions. The Notice of 50th AGM and Annual Report for FY 2025-26 were sent by email to members with registered email IDs. Members' queries were responded to by Shri Yaswant Mishra, Executive Director & CFO.

Resolutions Considered

Ordinary Business:

1. Adoption of Audited Financial Statements for FY ended 31st March, 2026 with Reports of Board of Directors and Auditors (Ordinary Resolution)

2. Declaration of final dividend of ₹1.50 (15%) per equity share for FY ended 31st March, 2026 (Ordinary Resolution)

3. Reappointment of Shri Gaurav Goel (DIN: 00076111) as Non-Executive Non-Independent Director retiring by rotation (Ordinary Resolution)

Special Business:

4. Ratification of remuneration payable to M/s J. K. Kabra & Co., Cost Auditors for FY ending 31st March, 2027 (Ordinary Resolution)

5. Increase in borrowing limits from existing ₹2,000 Crores to ₹3,000 Crores under Section 180(1)(c) of Companies Act, 2013 (Special Resolution)

6. Authority to create charge and/or mortgage on company assets up to ₹3,000 Crores under Section 180(1)(a) of Companies Act, 2013 (Special Resolution)

7. Authority under Section 186 to make loans, give guarantees, provide securities and/or make investments in excess of prescribed limits (Special Resolution)

8. Consent to advance loans, give guarantees, provide securities in connection with loans taken by persons in whom directors are interested under Section 185 (Special Resolution)

Voting Process

Shri Akshit Kumar Jangid, Practicing Company Secretary, was appointed as Scrutinizer to supervise the e-voting process. E-voting facility remained open for 15 minutes during the meeting for members to cast votes.