Meeting Details

  • Meeting Type: 93rd Annual General Meeting (AGM)
  • Date: Thursday, 27 August 2026
  • Time: 11:00 a.m. IST
  • Mode: Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Location: Proceedings deemed to be conducted at the registered office at Dockyard Road, Mumbai 400 010

Proposed Resolutions and Implications

Ordinary Business

1. To receive, consider and adopt Audited Standalone and Consolidated Financial Statements for the financial year ended 31 March 2026, along with Reports of Board of Directors and Auditors

2. To declare final dividend of ₹4.62 per equity share of ₹5 each (92.4%) for FY2025-26

3. To appoint Shri Biju George (DIN: 09343562) as Director who retires by rotation and offers himself for re-appointment

4. To authorize Board of Directors to fix remuneration of Statutory Auditors appointed by C&AG for FY2026-27

Special Business

5. Ratification of Remuneration of Cost Auditors for FY2026-27: Ordinary Resolution to ratify remuneration of ₹2,50,000 plus applicable taxes payable to M/s Dhananjay V Joshi & Associates, Cost Accountants

6. Approval for appointment of Shri Dinesh Mahur as Government Nominee Director: Ordinary Resolution to approve appointment of Shri Dinesh Mahur (DIN: 10862645), Additional Secretary (DP), Ministry of Defence, as Part-Time Official Director (Government Nominee) effective 30 April 2026

Voting Process and Methods

The Company is providing remote e-Voting facility in compliance with Section 108 of the Companies Act, 2013 and Regulation 44 of SEBI LODR Regulations:

  • Remote e-Voting Period: Monday, 24 August 2026 at 9:00 a.m. to Wednesday, 26 August 2026 at 5:00 p.m.
  • Record Date: Thursday, 20 August 2026
  • Voting System Provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Ms. Ragini Chokshi & Co. (Company Secretaries), Firm Registration No. 92897, Mumbai
  • Voting Methods:
  • Remote e-Voting through NSDL platform
  • e-Voting during AGM for those who haven't voted remotely
  • No physical proxy voting available due to virtual meeting

Key Voting Information

  • Voting rights proportional to shareholding as on record date (20 August 2026)
  • Members can join AGM 30 minutes before and after scheduled commencement time
  • Facility available for 1000 Members on first-come-first-served basis (excludes large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)
  • Institutional shareholders must submit Board Resolution/authorization documents

Dividend Information

  • Final dividend of ₹4.62 per equity share if declared at AGM
  • Payment within 30 days of declaration after TDS deduction
  • Payable to members appearing in Register of Members and beneficial owners in NSDL/CDSL records as on Record Date (20 August 2026)
  • TDS applicable as per Income Tax Act, 1961
  • Members must update PAN, residential status, and category with Depository Participants by 20 August 2026

Compliance and Regulatory References

  • Conducted under MCA General Circular No. 14/2020 dated 8 April 2020 and subsequent circulars including General Circular No. 03/2025 dated 22 September 2025
  • SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated 3 October 2024
  • Companies Act, 2013 provisions: Sections 108, 113, 124, 139(5), 142, 148, 152, 161(3), 170, 189
  • SEBI LODR Regulations: Regulations 17(1C), 26(4), 30, 36(3), 44

Director Information

Shri Biju George (DIN: 09343562)

  • Age: 57 years
  • Qualifications: Post Graduate in Ocean Engineering and Naval Architecture from IIT Kharagpur
  • Experience: Over three decades in Offshore and Shipbuilding space, currently Director (Operations)
  • Date of first appointment: 27 October 2021
  • Shareholding: Nil
  • Board meetings attended: FY2025-26: 08, FY2026-27: 03
  • Other directorships: Colombo Dockyard PLC, Sri Lanka (subsidiary of MDL)

Shri Dinesh Mahur (DIN: 10862645)

  • Additional Secretary (DP), Ministry of Defence
  • Qualifications: Engineering graduate from NIT Allahabad, MA in Social Studies from Erasmus University, PGDM in Public Policy
  • Experience: 1992 batch Indian Telecom Service officer, served in Ministry of Home Affairs, Prasar Bharati, Ministry of Mines
  • Date of appointment: 30 April 2026
  • Shareholding: Nil
  • Board meetings attended: FY2026-27: 02
  • Other directorships: BEML Limited, Defence Innovation Organization
  • Not entitled to any remuneration or sitting fees

Additional Information

  • Register of directors, KMPs, and interested contracts available for electronic inspection during AGM
  • Unclaimed dividends for FY2020-21 to FY2025-26 available on company website
  • RTA: Alankit Assignments Limited, New Delhi
  • Annual Report 2025-26 available electronically and on company website
  • Members can submit queries to investor@mazdock.com at least 7 days before meeting