Meeting Details
The 33rd Annual General Meeting of N R Agarwal Industries Limited was held on Wednesday, September 02, 2026. The meeting commenced at 11:30 a.m. and concluded at 12:40 p.m. (including 15 minutes for e-voting). The meeting was conducted through Video Conferencing (VC) facility or other audio visual means (OAVM), without physical presence of members at a common venue, in compliance with MCA Circulars dated April 8, 2020, April 13, 2020, May 5, 2020, and the latest being September 22, 2025.
Voting Process and Methods
The company provided e-voting facility to all members in compliance with Regulations 44(3) of SEBI Listing Regulations and Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management & Administration) Rules 2014. Remote e-voting was available from Sunday, August 30, 2026 at 09:00 a.m. (IST) to Tuesday, September 01, 2026 at 05:00 p.m. (IST). The cut-off date for determining shareholders was Wednesday, August 26, 2026. Additionally, e-voting facility was provided to members present at the AGM who had not cast their vote earlier through remote e-voting.
Resolutions Approved
All nine resolutions contained in the Notice of Annual General Meeting dated May 12, 2026 were approved by members with requisite majority:
1. Ordinary Resolution: To receive, consider and adopt the audited financial statements for the financial year ended March 31, 2026, together with reports of Board of Directors and Auditors
2. Ordinary Resolution: To declare a dividend of ₹2 (Rupees two only) per share on equity shares for financial year ended March 31, 2026
3. Ordinary Resolution: To appoint a director in place of Shri P K Mundra (DIN: 10258728), who retires by rotation and offers himself for re-appointment
4. Special Resolution: Approval for re-appointment and payment of remuneration to Shri P K Mundra (DIN: 10258728) as Whole time Director, designated as Executive Director & CFO
5. Special Resolution: Approval for increasing borrowing powers under Section 180(1)(c) of Companies Act, 2013 up to ₹5,000 Crores
6. Special Resolution: Creation of Mortgage/Charge on Company's Undertakings and Assets to Secure Financial Assistance under Section 180(1)(a) of Companies Act 2013 up to ₹5,000 Crore
7. Ordinary Resolution: Ratification of Cost Auditor's remuneration for Financial Year 2025-2026
8. Ordinary Resolution: Ratification of Cost Auditor's remuneration for Financial Year 2026-2027
9. Special Resolution: Alteration of Object Clause of the Memorandum of Association of the Company
Meeting Proceedings
Members who attended the meeting were given opportunity to ask questions and seek clarifications. The Chairman appropriately responded to questions raised by them. The e-voting facility was kept open for 15 minutes during the meeting to enable shareholders to cast their votes.
Compliance and Signatories
The document confirms compliance with applicable laws and regulations including Companies Act, 2013 and SEBI Listing Regulations. The communication is signed by Pooja Hitesh Daftary, Company Secretary & Compliance Officer (ACS: A38024), who digitally signed the document on September 02, 2026 at 18:22:15 +05'30' and 18:23:06 +05'30' respectively.