Meeting Details

The 36th Annual General Meeting (AGM) of Mitshi India Limited is scheduled to be held on Tuesday, 29th September, 2026 at 03:00 P.M. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The deemed venue is the Registered Office of the Company at 204 B-Wing, Master Mind III, E Building Aarey Milk Colony, Goregaon East, Mumbai, Maharashtra, India, 400065.

Ordinary Business Items

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 the Auditors thereon.

2. Re-appointment of Director

To appoint Mr. Kumar Vasantlal Shah (DIN: 01451912) as Director (Managing Director) who retires by rotation under Section 152 of the Companies Act, 2013 and offers himself for re-appointment.

Mr. Kumar Vasantlal Shah holds 8,27,360 shares in the company as of 31.03.2026. He was first appointed on 21/09/1990 and holds a Graduation degree with over three decades of experience in corporate leadership and strategic management.

Special Business Items

3. Regularization of Additional Director - Mr. Vicky Mahendra Anjaria

To approve regularization of Mr. Vicky Mahendra Anjaria (DIN: 11705357) as Non-Executive Non-Independent Director. He was appointed as Additional Director on 15th July, 2026 and holds office until this AGM. He holds no shares in the company and has over 10 years of experience in steel trading and marketing.

4. Regularization of Additional Director - Mr. Gurdeep Singh

To approve appointment of Mr. Gurdeep Singh (DIN: 11743371) as Non-Executive Independent Director for a term of 5 consecutive years from July 15, 2026 to July 14, 2031. He was appointed as Additional Director on 15th July, 2026 and is a qualified Company Secretary with expertise in corporate laws and secretarial compliances. He holds no shares in the company.

5. Regularization of Additional Director - Mrs. Rekha Rani Naraniwal

To approve appointment of Mrs. Rekha Rani Naraniwal (DIN: 08467886) as Non-Executive Independent Director for a term of 5 consecutive years from July 22, 2026 to July 21, 2031. She was appointed as Additional Director on 22nd July, 2026 and is a Company Secretary with 15 years of experience including 9 years in legal, listing and secretarial compliance. She holds directorships in Fraser and Company Ltd, Shankar Lal Rampal Dye-Chem Limited, Markobenz Industries Limited, and Omega AG Seeds Punjab Limited. She holds no shares in the company.

6. Appointment of Secretarial Auditor

To appoint M/s Vishakha Agrawal & Associates, Practicing Company Secretaries, Indore, as Secretarial Auditor of the Company for a term of five consecutive years commencing from FY 2026-27 to FY 2030-31. Remuneration to be determined by the Board of Directors in consultation with the Audit Committee.

7. Approval for Loans/Guarantees/Securities under Section 185

To approve advancing loans, giving guarantees, or providing securities in connection with financial assistance for subsidiaries, associates, joint ventures or other entities where directors are interested, up to an aggregate limit of sixty percent of paid-up share capital, free reserves and securities premium account or one hundred percent of free reserves and securities premium account, whichever is more.

8. Increase in Threshold for Investments under Section 186

To approve increase in threshold for loans, guarantees, providing securities, and making investments in securities of other body corporates up to ₹100 Crores (Rupees One Hundred Crores Only), exceeding limits prescribed under Section 186 of the Companies Act, 2013.

9. Approval for Related Party Transactions under Section 188

To approve related party transactions including material related party transactions with aggregate value not exceeding ₹50 Crores (Rupees Fifty Crores Only), to be carried out at arm's length basis and in ordinary course of business.

10. Increase in FPI Investment Limit

To increase the limit of total shareholding of all registered Foreign Portfolio Investors (FPIs)/Foreign Institutional Investors (FIIs) together up to 49% of the paid-up equity share capital of the Company, subject to RBI and other regulatory approvals.

Voting Information

The remote e-voting period begins on Saturday, 26th September, 2026 (09:00 AM) and ends on Monday, 28th September, 2026 (05:00 PM). Shareholders as of Friday, 25th September, 2026 are eligible to vote. CDSL is the e-voting service provider.

Additional Information

The meeting is being held through VC/OAVM in compliance with MCA circulars dated April 8, 2020, April 13, 2020, May 5, 2020, December 8, 2021, May 5, 2022, December 28, 2022, September 25, 2023 and SEBI circulars. Physical attendance is dispensed with and no proxies will be accepted.

CS Vishakha Agrawal of Vishakha Agrawal & Associates has been appointed as the Scrutinizer for the voting process.

The notice has been uploaded on the company's website at www.mitshi.in and on BSE website at www.bseindia.com.