AGM Details

The 30th Annual General Meeting is scheduled to be held on Tuesday, September 29, 2026 at 03:00 PM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM) without physical presence of members. The deemed venue for the AGM is the registered office of the Company at 'Nirmal', 20th Floor, Nariman Point, Mumbai-400021.

Business Items

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.

2. To appoint a director in place of Ms. Nidhi Salampuria (DIN: 07138654) who retires by rotation and being eligible, offers herself for re-appointment.

Special Business:

3. To Re-Appoint Mr. Gautam Khandelwal (DIN: 00270717) as Whole-Time Director designated as "Executive Chairman" of the Company for a period of 3 years with effect from July 01, 2026, at a remuneration of Rs. 24,00,000/- (Rupees Twenty Four Lakhs only) per annum.

Voting Arrangements

The Company has provided the facility of voting by electronic means (remote e-voting) on all resolutions. The remote e-voting begins on Thursday, September 24, 2026 at 9:00 a.m. (IST) and ends on Monday, September 28, 2026 at 5:00 p.m. (IST).

The cut-off date for determining eligibility of members for remote e-voting and participation in the AGM is Tuesday, September 22, 2026. The Register of Members and Share Transfer Books of the Company will remain closed from Wednesday, September 23, 2026 to Tuesday, September 29, 2026 (both days inclusive).

Director Profiles

Ms. Nidhi Salampuria (DIN: 07138654)

  • Date of Birth: December 24, 1986
  • Nationality: Indian
  • Date of First Appointment: April 01, 2015
  • Qualification: CS & LLB
  • Expertise: Corporate Secretarial, Legal, Business Affairs, Commercial & Non-Company Litigation, Real Estate Laws, Contract Negotiations and Corporate Governance
  • Directorships: Entecres Labs Private Limited
  • Shareholding in Company: 1,037 shares as beneficial owner
  • Brief Profile: Extensive experience in various areas of law including litigation, contract negotiations, and corporate governance. Holds LL.B. from University of Mumbai and is a qualified member of ICSI.

Mr. Gautam Khandelwal (DIN: 00270717)

  • Date of Birth: April 01, 1962
  • Nationality: Indian
  • Date of First Appointment: December 06, 1996
  • Qualification: BA in Economics from University of Mumbai, studied Economics at London School of Economics
  • Expertise: 36+ years of business experience across various industries
  • Directorships: 8 companies including Informed Technologies India Limited, The Motwane Manufacturing Company Private Limited, and others
  • Previous Directorship: Resigned from Varroc Engineering Limited during last three years
  • Committee Positions: Member of Audit Committee, Stakeholder Relationship Committee, and Nomination and Remuneration Committee at Informed Technologies India Limited
  • Shareholding in Company: 7,36,805 shares as beneficial owner
  • Relationship: Promoter of the Company
  • Brief Profile: Holds Bachelor's Degree in Economics, served as director of Punjab National Bank appointed by Government of India as Nominee Director. On board of several large listed and unlisted companies.

Remuneration Details for Mr. Gautam Khandelwal

The proposed remuneration package includes:

  • Basic Salary: Rs. 24,00,000 per annum
  • Benefits, perquisites and allowances including furnished accommodation or HRA, house maintenance allowance, medical reimbursement, children education allowances, LTC, club fees, use of company's car, insurance
  • Commission not exceeding limits specified under Companies Act, 2013
  • In case of absence or inadequacy of profits, remuneration shall not exceed maximum limits prescribed under Section II of Part II of Schedule V to the Companies Act, 2013

Additional Information

The Company has engaged NSDL for e-voting services. Mr. Sanam Umbargikar, Practicing Company Secretary (FCS No. 11777, CP No. 9394) has been appointed as Scrutinizer for conducting the e-voting process.

The Notice and Annual Report for FY 2025-26 are being sent only through electronic mode to members whose e-mail address is registered. Documents are also available on company website (www.nagpurpowerind.com), BSE website (www.bseindia.com), and NSDL website (www.evoting.nsdl.com).

Financial Impact

The remuneration payable to Mr. Gautam Khandelwal represents an annual commitment of ₹24,00,000 plus benefits and perquisites. No other quantified financial impact disclosed.