Meeting Details

  • NSE Symbol: MVELECTRO
  • Meeting Type: 17th Annual General Meeting (AGM)
  • Meeting Date: Tuesday, September 29, 2026
  • Meeting Time: 11:00 A.M. (IST)
  • Meeting Mode: Video Conference/Other Audio Visual Means (VC/OAVM) without physical presence
  • Cut-off Date: Tuesday, September 22, 2026

Proposed Resolutions and Implications

Ordinary Business:

1. Adoption of Financial Statements: To receive, consider and adopt the audited financial statements for the financial year ended March 31, 2026, together with reports of auditors and board of directors.

2. Reappointment of Director: Appointment of Mr. Mohit Vohra (DIN: 02534402) as director who retires by rotation and offers himself for re-appointment.

3. Reappointment of Director: Appointment of Mr. Sumit Dhawan (DIN: 08260657) as director who retires by rotation and offers himself for re-appointment.

Special Business:

4. Appointment of Secretarial Auditor: Appointment of M/s Taruna Kalra & Associates, Practising Company Secretary (Membership Number: F-6603, COP No: 7129) as Secretarial Auditors for a term of five consecutive financial years from FY 2026-27 to FY 2030-31, at remuneration to be determined by the Board.

5. Approval of Related Party Transactions: Approval for entering into and/or continuing related party transactions with specified related parties for an aggregate value not exceeding ₹14.5 crores per counterparty during financial year 2026-27.

Related Party Transactions Details

| Nature of Transaction | Estimated Maximum Value (FY 2026-27) | Related Party | Nature of Relationship |

| Sales/Purchase | ₹14.5 crores | MV Mobility Limited | Public company where director holds >2% shares |

| Sales/Purchase | ₹14.5 crores | Prime Electronics | Partnership firm where director/relative is partner |

| Sales/Purchases | ₹14.5 crores | Quadrant Future Tek Limited | Public company where director holds >2% shares |

| Purchases | ₹14.5 crores | RR Electrical and Allied Industries | Sole proprietorship of Mr. Rahul Dhawan |

| Sales/Rent | ₹14.5 crores | Iboard India Limited | Public company where director holds >2% shares |

| Sales/Purchase | ₹14.5 crores | MV Greentech Private Limited | Private company where relative of director is director |

Voting Process and Methods

  • E-voting Service Provider: Central Depository Services (India) Limited (CDSL)
  • Remote E-voting Period: Saturday, September 26, 2026 at 10:00 A.M. to Monday, September 28, 2026 at 05:00 P.M.
  • Voting Methods:
  • Individual shareholders in demat mode: Through CDSL/NSDL e-Voting system via demat accounts
  • Physical shareholders and non-individual shareholders: Through CDSL e-Voting system at www.evotingindia.com
  • Meeting Voting: Members present at meeting through VC/OAVM who haven't voted remotely can vote during meeting

Director Particulars

Mr. Mohit Vohra (DIN: 02534402)

  • Date of Birth: May 18, 1975
  • Designation: Non-Executive Director
  • First Appointment: July 03, 2009
  • Shareholding: 5,886,108 shares
  • Experience: 29 years, Mechanical Engineer
  • Education: Mechanical Engineer
  • Board Meetings Attended: 10 out of 10 in last financial year
  • Other Directorships: Quadrant Future Tek Limited, MV Mobility Limited, Iboard India Limited

Mr. Sumit Dhawan (DIN: 08260657)

  • Date of Birth: December 1, 1987
  • Designation: Non-Executive Director
  • First Appointment: October 22, 2018
  • Shareholding: 1,413,934 shares
  • Experience: 15 years, Bachelor of Computer Application
  • Education: Bachelor of Computer Application
  • Board Meetings Attended: 10 out of 10 in last financial year
  • Other Directorships: MV Mobility Limited
  • Committee Membership: Member of Stakeholder Relationship Committee

Compliance and Regulatory References

The notice complies with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • MCA Circular Nos. 14/2020, 17/2020, 20/2020, 22/2020, 33/2020, 02/2021, 19/2021, 21/2021, 02/2022, 10/2022, 11/2022, 09/2023, 9/2024 and 03/2025
  • SEBI Circular Nos. SEBI/HO/CFD/CMD1/CIR/P/2020/79, SEBI/HO/CFD/CMD2/CIR/P/2021/11, SEBI/HO/CFD/CMD2/CIR/P/2022/62, SEBI/HO/CFD/PoD-2/CIR/P/2023/4, SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167, SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133
  • SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020

Document Availability

The notice is available on:

  • Company website: www.mvelectrosystems.com
  • BSE website: www.bseindia.com
  • NSE website: www.nseindia.com
  • CDSL website: www.evotingindia.com

Helpdesk Information

  • CDSL Helpdesk: helpdesk.evoting@cdslindia.com, Toll free: 1800 21 09911
  • NSDL Helpdesk: evoting@nsdl.com, Phone: 022-4886 7000 and 022-2499 7000
  • Company Contact: cs@mvelectrosystems.com
  • RTA Contact: einward.ris@kfintech.com