Event Overview

Metal Coatings (India) Limited conducted its 32nd Annual General Meeting (AGM) on 20 August 2026 through Video Conferencing/Other Audio Video Means in compliance with SEBI Listing Regulations and MCA circulars.

Meeting Details

The AGM commenced at 12:30 PM IST and concluded at 1:51 PM IST, with a total duration of 1 hour 21 minutes (including time allotted for e-voting at AGM). The meeting was chaired by Mr. Ramesh Chander Khandelwal, Chairman of the company.

Attendance and Participation

The meeting had requisite quorum present. Directors, Senior Management, Auditors, Scrutinizer, and other invitees attended virtually. Twelve shareholder speakers raised queries on the company's financial performance and other relevant matters, which were addressed by the Managing Director.

Voting Process

Remote e-voting was conducted from 16 August 2026 at 9:00 AM IST to 19 August 2026 at 5:00 PM IST. M/s. Simran Singh and Associates, Company Secretaries in Practice, were appointed as Scrutinizer for the e-voting process. Electronic voting during the AGM remained open for 15 minutes after the meeting conclusion.

Business Transacted

The following resolutions were approved as per the notice dated 15 July 2026:

Ordinary Business

1. Adoption of Audited Financial Statements for FY 2025-26 together with Reports of Board of Directors and Auditors (Ordinary Resolution)

2. Declaration of Final Dividend on equity shares for FY 2025-26 (Ordinary Resolution)

3. Re-appointment of Mr. Ramesh Chander Khandelwal as director retiring by rotation (Ordinary Resolution)

4. Re-appointment of M/s Mehra Goel & Co LLP as Statutory Auditors for second term of five consecutive years from conclusion of 32nd AGM until conclusion of 37th AGM, and fixation of their remuneration (Ordinary Resolution)

Special Business

5. Approval of Material Related Party Transaction(s) with M/s Khandelwal Busar Industries Private Limited (Ordinary Resolution)

6. Ratification of remuneration of Cost Auditor's for FY 2026-27 (Ordinary Resolution)

Financial Reporting

The Audited Financial Statements for year ended 31 March 2026 were adopted. The Auditors' Report contained no qualifications or adverse remarks.

Dividend Declaration

Final dividend on equity shares was declared for the financial year ended 31 March 2026. [Dividend amount per share not quantified in disclosure]

Results Communication

The results of combined e-voting and electronic voting during AGM, along with scrutinizer's report, will be communicated to stock exchanges within stipulated time and placed on company website and MUFG Intime India Private Limited's e-voting website.