Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

Date of Meeting: 24th September, 2026

Type of Meeting: 61st Annual General Meeting

Mode of Meeting: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)

Record Date: 17th September, 2026

Total Shareholders on Record Date: 182,042

Total Outstanding Shares: 70,400,000

Shareholder Participation

Promoters and Promoter Group Attendance: 1 shareholder representing 45,580,800 shares

Public Shareholders Attendance: 83 shareholders representing 211,633 shares

Total Resolutions Passed: 7

Voting Process and Methods

The voting was conducted through two methods:

1. Remote e-voting: Open from Sunday, 20th September 2026 (9:00 AM) to Wednesday, 23rd September 2026 (5:00 PM)

2. E-voting during AGM: Conducted at the end of discussions during the AGM on 24th September 2026

E-voting Agency: National Securities Depository Limited (NSDL)

Scrutinizer: Priti Todi, Partner, M/s. Bajaj Todi & Associates, Practising Company Secretaries

Resolution Details and Voting Outcomes

Ordinary Business

Resolution 1: Ordinary Resolution to receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Board and Auditors, including CAG comments.

  • Total Votes Cast: 48,643,797 shares (69.0963% of outstanding shares)
  • In Favor: 48,642,743 shares (99.9978%)
  • Against: 1,054 shares (0.0022%)
  • Promoter Group: 100% in favor (45,580,800 shares)
  • Public Institutions: 100% in favor (3,003,195 shares)
  • Public Non-Institutions: 98.2375% in favor, 1.7625% against (58,802 shares)

Resolution 2: Ordinary Resolution to confirm Interim Dividend of ₹7.60 per share and declare Final Dividend of ₹8.10 per share (81%) for FY 2025-26.

  • Total Votes Cast: 48,643,797 shares (69.0963%)
  • In Favor: 48,642,645 shares (99.9976%)
  • Against: 1,152 shares (0.0024%)
  • Promoter Group: 100% in favor
  • Public Institutions: 100% in favor
  • Public Non-Institutions: 98.0736% in favor, 1.9264% against

Resolution 3: Ordinary Resolution to appoint Shri Manobendra Ghoshal (DIN: 09762368) as Director retiring by rotation.

  • Total Votes Cast: 48,643,797 shares (69.0963%)
  • In Favor: 48,480,241 shares (99.6638%)
  • Against: 163,556 shares (0.3362%)
  • Promoter Group: 100% in favor
  • Public Institutions: 94.6173% in favor, 5.3827% against
  • Public Non-Institutions: 96.8178% in favor, 3.1822% against

Resolution 4: Ordinary Resolution to authorize Board to fix remuneration of Statutory Auditors appointed by CAG for FY 2026-27.

  • Total Votes Cast: 48,643,797 shares (69.0963%)
  • In Favor: 48,642,645 shares (99.9976%)
  • Against: 1,152 shares (0.0024%)
  • Promoter Group: 100% in favor
  • Public Institutions: 100% in favor
  • Public Non-Institutions: 98.0736% in favor, 1.9264% against

Special Business

Resolution 5: Special Resolution for appointment of Shri Siraiong Singpho (DIN: 11835817) as Independent Director.

  • Total Votes Cast: 48,643,797 shares (69.0963%)
  • In Favor: 45,641,183 shares (93.8273%)
  • Against: 3,002,614 shares (6.1727%)
  • Promoter Group: 100% in favor
  • Public Institutions: 0.0680% in favor, 99.9320% against
  • Public Non-Institutions: 97.5553% in favor, 2.4447% against

Resolution 6: Special Resolution for appointment of Shri Niwas Mandal (DIN: 11837616) as Independent Director.

  • Total Votes Cast: 48,643,757 shares (69.0962%)
  • In Favor: 45,641,143 shares (93.8273%)
  • Against: 3,002,614 shares (6.1727%)
  • Promoter Group: 100% in favor
  • Public Institutions: 0.0680% in favor, 99.9320% against
  • Public Non-Institutions: 97.5536% in favor, 2.4464% against

Resolution 7: Ordinary Resolution for appointment of Smt. Santosh (DIN: 09519383) as Government Nominee Director.

  • Total Votes Cast: 48,643,797 shares (69.0963%)
  • In Favor: 45,705,462 shares (93.9595%)
  • Against: 2,938,335 shares (6.0405%)
  • Promoter Group: 100% in favor
  • Public Institutions: 2.2031% in favor, 97.7969% against
  • Public Non-Institutions: 97.8228% in favor, 2.1772% against

Scrutinizer's Report Details

Scrutinizer: Priti Todi, Partner, M/s. Bajaj Todi & Associates (ICSI Firm Registration Number: P2020WB081300)

Scrutinizer Membership: A14611, C.P.No. 7270

Voting Period: 20th September 2026 (9:00 AM) to 23rd September 2026 (5:00 PM)

Valid Folios Voted: 249

Invalid/Rejected Folios: 0

Total Shares Voted: 48,643,797

Breakdown of Voting Methods:

  • Through remote e-voting: 243 folios, 48,633,503 shares
  • Through e-voting at AGM: 6 folios, 10,294 shares

Compliance Confirmation

The document confirms compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The voting results and scrutinizer's report have been hosted on the company's website (www.mstcindia.co.in) and NSDL's website (www.evoting.nsdl.com).