Munjal Auto Industries Limited held its 41st Annual General Meeting (AGM) on Monday, August 31, 2026, at 3:00 PM through video conferencing/other audio-visual means (VC/OAVM). The meeting was conducted in accordance with circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI), under Regulation 30(2) read with Schedule III-Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Attendance and Proceedings

Mr. Sudhir Kumar Munjal, Chairman & Managing Director, chaired the meeting. The following individuals were present:

  • Directors: Mrs. Anju Munjal, Mr. Anuj Munjal, Ms. Avi Sabavala, Mr. Sunil Vakil, Mr. Sameer Khera
  • Management: Mr. Nitin Bachchavat (CFO), Mrs. Gauri Y. Bapat (Company Secretary)
  • Mr. Atul Patel, Independent Director, was unable to join the meeting
  • Representatives from K C Mehta & Co LLP (Statutory Auditors), CNK & Associates LLP (Internal Auditors), and Devesh Pathak & Associates (Secretarial Auditors) were also introduced

The Company Secretary confirmed that requisite quorum was present. The Notice along with Board's Report and Audited Financial Statements had been sent to shareholders by email and were taken as read. The Auditor's Report on Financial Statements for FY2025-26 contained no qualifications, reservations, adverse remarks, or disclaimers.

Business Transacted

The following resolutions were put to vote through e-voting:

1. Ordinary Business: To receive, consider and adopt:

  • The Audited Standalone Financial Statement for the financial year ended March 31, 2026, together with reports of the Board of Directors and Auditors
  • The Audited Consolidated Financial Statement for the financial year ended March 31, 2026, together with the report of the Auditors

2. Ordinary Business: To declare a final dividend @ 50% i.e. ₹1 per equity share on 10,00,00,000 equity shares of face value ₹2 each for financial year 2025-26

3. Ordinary Business: To appoint a director in place of Mr. Anuj Munjal (DIN: 02714266), who retires by rotation and offered himself for reappointment

Voting and Results

Mr. Devesh A. Pathak, Proprietor of Devesh Pathak & Associates, was appointed as Scrutinizer to scrutinize the remote e-voting process and e-voting at the AGM. The e-voting facility remained open until 15 minutes after the conclusion of the meeting (3:30 PM).

The results of remote e-voting and e-voting will be announced within two working days from the conclusion of the meeting. Results will be displayed at the Registered Office of the Company and placed on the company website (www.munjalauto.com) and CDSL website (www.evotingindia.com). Results will also be disseminated to BSE Limited and National Stock Exchange of India Limited.

The meeting concluded at 3:30 PM.