Meeting Details

The 64th Annual General Meeting was held on Friday, 18th September 2026 at 12:30 p.m. through video conferencing (VC)/Other audio visual means (OAVM) at Nagpur. The meeting was chaired by Shri V. Suresh, Chairman-cum-Managing Director.

Proposed Resolutions and Implications

Seven agenda items were proposed for shareholder approval:

Ordinary Business:

  • Resolution 1: To receive, consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026 together with Reports of the Board of Directors, the Auditors thereon and Comments of the Comptroller & Auditor General of India
  • Resolution 2: To consider continuation of the appointment of Smt. Rashmi Singh, Director (Commercial) (DIN: 10431308)
  • Resolution 3: To authorize the Board of Directors to fix remuneration of Statutory Auditors for the financial year 2026-27 in compliance with the orders and directions of appointment by the Comptroller and Auditor-General of India

Special Business:

  • Resolution 4: To ratify the Cost Auditor's remuneration for F.Y. 2026-27
  • Resolution 5: To consider continuation of the appointment of Shri Vishwanath Suresh, Chairman-cum-Managing Director (DIN: 10059734)
  • Resolution 6: To consider continuation of appointment of Smt. Sonali Sanjit Nagvenkar (DIN: 11827764) as an Independent Director
  • Resolution 7: To consider continuation of the appointment of Shri Lokesh Chandra, Nominee Director (Govt. of Maharashtra) (DIN: 06534076)

Voting Process and Methods

The company provided e-voting facility to shareholders pursuant to SEBI (LODR) Regulations, 2015 and Section 108 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014. The e-voting period commenced on 14th September, 2026 at 9:00 a.m. and ended on 17th September, 2026 at 5:00 p.m. The cut-off date for determining eligibility of shareholders for e-voting was 11th September, 2026.

Key Voting Outcomes

The document states that all resolutions were approved by shareholders, though specific vote counts and percentages are not provided in the source text.

Scrutinizer's Role and Findings

The document mentions that the Company Secretary introduced the Scrutinizer to shareholders, but does not provide specific findings or conclusions from the scrutinizer.

Compliance Confirmation

The document confirms compliance with SEBI (LODR) Regulations, 2015 and the Companies Act, 2013. The company secretary informed shareholders about observations in the Secretarial Audit Report regarding Composition of the Board and Committees of the Board. The Statutory Auditors' report had no comments/observations, though there were two comments from C&AG which were stated to have no impact on the performance/functioning of the Company.

Additional Proceedings

The meeting had requisite quorum present. Six shareholder speakers asked questions during the AGM. The meeting concluded at 13:37 hours with a vote of thanks.

Document Availability

The proceedings have been uploaded on the Company's website www.moil.nic.in and submitted to National Stock Exchange of India Ltd (Scrip Code: MOIL) and BSE Limited (Scrip Code: 533286, ISIN: INE490G01020).