Meeting Details

  • Meeting Type: 44th Annual General Meeting (AGM)
  • Date: Thursday, September 17, 2026
  • Time: 12:30 P.M.
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM) with deemed location at Registered Office: Kubera Chambers, Shivaji Nagar Pune – 411005
  • Legal Basis: Conducted in accordance with Companies Act, 2013 read with MCA General Circular Nos. 20/2020, 14/2020, 17/2020, 2/2021, 2/2022, 10/2022, 09/2023, 09/2024, 03/2025 dated May 5, 2020, April 8, 2020, April 13, 2020, January 13, 2021, May 5, 2022, December 28, 2022, September 25, 2023, September 19, 2024, September 22, 2025 respectively

Proposed Resolutions and Implications

Ordinary Business

1. Resolution No: 01/AGM/2026-27: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements as on March 31, 2026 together with Reports of Board of Directors and Auditors thereon

2. Resolution No: 02/AGM/2026-27: To approve re-appointment of Mr. Ajay Agarwal (DIN 00200167) as Non-Executive Director who retires by rotation

Special Business (Material Related Party Transactions)

3. Resolution No: 03/AGM/2026-27: Approval for transactions with Shrikhande Consultants Limited (Subsidiary) - Estimated value: ₹20 Crores until AGM 2027

4. Resolution No: 04/AGM/2026-27: Approval for transactions with MSPL Unit 5 Limited (Step Down Subsidiary) - Estimated value: ₹15 Crores until AGM 2027

5. Resolution No: 05/AGM/2026-27: Approval for transactions with MSPL Unit 6 Limited (Step Down Subsidiary) - Estimated value: ₹15 Crores until AGM 2027

6. Resolution No: 06/AGM/2026-27: Approval for transactions with MSPL Unit 7 Limited (Step Down Subsidiary) - Estimated value: ₹15 Crores until AGM 2027

7. Resolution No: 07/AGM/2026-27: Approval for transactions with PlanetEye Infra AI Limited (Step Down Subsidiary) - Estimated value: ₹50 Crores until AGM 2027

8. Resolution No: 08/AGM/2026-27: Approval for transactions with PlanetEye Farm AI Limited (Associate Company) - Estimated value: ₹20 Crores until AGM 2027

9. Resolution No: 09/AGM/2026-27: Approval for transactions between Krishna Windfarms Developers Private Limited (Subsidiary) and MINVEN Solar 02 Private Limited (Associate) - Estimated value: ₹70 Crores until AGM 2027

10. Resolution No: 10/AGM/2026-27: Approval for transactions between Krishna Windfarms Developers Private Limited (Subsidiary) and MINVEN Solar 03 Private Limited (Associate) - Estimated value: ₹70 Crores until AGM 2027

Voting Process and Methods

  • Remote e-Voting Period: Monday, September 14, 2026 at 09:00 A.M. to Wednesday, September 16, 2026 at 05:00 P.M.
  • Service Provider: National Securities Depository Limited (NSDL)
  • Record Date: August 21, 2026 (for determining voting rights)
  • Cut-off Date: September 10, 2026 (for voting rights proportion)
  • Voting Methods:
  • Remote e-voting before meeting
  • e-voting during AGM for those who haven't voted remotely
  • Physical polling not available due to virtual meeting
  • Proxy Facility: Not available as per MCA Circular No. 14/2020
  • Attendance: Members can join VC/OAVM 15 minutes before and after scheduled time

Key Voting Instructions

  • Individual shareholders holding securities in demat mode can vote through their demat accounts
  • NSDL and CDSL account holders have specific login procedures outlined
  • Helpdesk contacts provided for technical issues: NSDL (022-48867000, evoting@nsdl.com), CDSL (toll-free 1800-21-09911, helpdesk.evoting@cdslindia.com)
  • Members without registered email IDs must provide documentation to Company Secretary
  • Institutional shareholders must submit Board Resolution/Authority letter to scrutinizer

Compliance with Laws and Regulations

The AGM is convened in compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars permitting virtual meetings
  • Secretarial Standard on General Meetings (SS-2)
  • Companies (Management and Administration) Rules, 2014

Additional Information

  • The notice has been uploaded on company website (https://www.mitconindia.com/), NSE website (www.nseindia.com), and NSDL website (www.evoting.nsdl.com)
  • Explanatory Statement pursuant to Section 102 of Companies Act, 2013 forms part of the notice
  • Facility for 1000 members on first-come-first-served basis, excluding large shareholders (2%+), promoters, institutional investors, directors, KMPs, committee chairpersons, auditors
  • Quorum will be counted based on VC/OAVM attendance under Section 103 of Companies Act, 2013
  • Speaker registration required by September 11, 2026 for those wishing to speak during AGM