AGM Details

The 32nd Annual General Meeting of Metal Coatings (India) Limited is scheduled to be held on Thursday, August 20, 2026, at 12:30 PM IST through video conferencing (VC) / other audio-visual means (OAVM). The deemed venue is the Registered Office at 912, Hemkunt Chambers, 89, Nehru Place, New Delhi - 110019.

Ordinary Business Items

Item No. 1: Adoption of Financial Statements

To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.

Item No. 2: Declaration of Dividend

To declare a Final dividend on equity shares for FY 2025-26 @ 10% (i.e., ₹1 per share) on 73,26,800 fully paid-up Equity Shares of ₹10 each. The dividend will be paid out of the profits/retained earnings of the Company. The Record Date for determining entitlement is Thursday, August 13, 2026.

Item No. 3: Reappointment of Director

To reappoint Mr. Ramesh Chander Khandelwal (DIN: 00124085) as a Director liable to retire by rotation. He was first appointed on December 12, 1994, holds 11,84,759 equity shares in the company as of March 31, 2026, and drew remuneration of ₹270.18 lakh during FY 2025-26.

Special Business Items

Resolution No. 4: Reappointment of Statutory Auditor

To reappoint M/s. Mehra Goel & Co LLP, Chartered Accountants (Firm Registration No. 000517N/N500502), as Statutory Auditor for a second term of five consecutive years, from the conclusion of the 32nd AGM until the conclusion of the 37th AGM. The remuneration proposed is ₹9 lakh exclusive of applicable taxes and out-of-pocket expenses.

Resolution No. 5: Approval for Material Related Party Transaction

To approve material related party transaction(s) with M/s Khandelwal Busar Industries Private Limited (KBIPL), a related party, during the period from the 32nd AGM till the conclusion of the 33rd AGM. The transactions involve sale, purchase, job work, rent, lease, etc., with a maximum aggregate value not exceeding ₹95 crore.

Key Details of Proposed RPT:

  • Nature of Transactions: Sale (₹75 crore), Purchase (₹10 crore), Job work (₹5 crore), Rent (₹0.5 crore), Others (₹4.5 crore)
  • Previous Transactions with KBIPL (FY 2025-26): Total ₹37.96 crore (Sales: ₹36.70 crore, Purchases: ₹0.30 crore, Rent Received: ₹0.26 crore, Cash Discount: ₹0.71 crore)
  • Current FY Transactions (until latest quarter): ₹8.30 crore
  • Justification: Transactions are commercially advantageous, determined at arm's length, and in the ordinary course of business.
  • Interest: Mr. Pramod Khandelwal (MD) and Mr. Ramesh Chander Khandelwal (WTD) are directors in KBIPL and have substantial interest.

Resolution No. 6: Ratification of Cost Auditor's Remuneration

To ratify the remuneration of ₹60,000 plus applicable taxes payable to Mr. Ramawatar Sunar, Cost Accountant (Firm Registration No. 100691), appointed to conduct the audit of the cost records for FY ending March 31, 2027.

Record Date and Book Closure

The Register of Members and Share Transfer Books will remain closed from Friday, August 14, 2026, to Thursday, August 20, 2026 (both days inclusive) for the purpose of the AGM and dividend.

Dividend Payment Information

  • Dividend will be paid only by electronic mode directly into the bank accounts of members.
  • For shares in dematerialized form: Bank account details must be updated with the Depository Participant (DP).
  • For shares in physical form: The folio must be KYC-compliant (PAN, contact details, bank account details, specimen signature registered).
  • TDS will be deducted as per the Income Tax Act, 1961/2025. Members must ensure PAN is updated with DP/Company/RTA by August 13, 2026.

Voting Information

  • The remote e-voting period commences on Sunday, August 16, 2026, at 9:00 AM IST and ends on Wednesday, August 19, 2026, at 5:00 PM IST.
  • Cut-off date for determining voting rights: Thursday, August 13, 2026.
  • The scrutinizer for the voting process is M/s Simran Singh and Associates, Company Secretaries (FRN: S2022DE889300).
  • Results will be declared post-meeting and communicated to stock exchanges and the RTA.

Other Key Information

  • The Notice and Annual Report are being sent electronically. Physical copies are available on request.
  • The company's RTA changed from "Link Intime India Private Limited" to "MUFG Intime India Private Limited" effective December 31, 2024.
  • Members are urged to dematerialize their physical shares. Transfer of physical securities is now mandated only in demat mode.
  • A special window is available until February 4, 2027, for lodging transfer requests executed before April 1, 2019.