Meeting Details

The 46th Annual General Meeting was held on Friday, September 25, 2026 at 10:00 AM through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting was conducted in compliance with Section 96 of the Companies Act, 2013 and relevant circulars issued by the Ministry of Corporate Affairs, including General Circular No. 3/2025 dated September 22, 2025.

Proposed Resolutions and Implications

The meeting transacted 11 resolutions as set out in the notice convening the 46th AGM:

1. Adoption of financial statements for the financial year ended March 31, 2026 along with Reports of the Board of Directors and Auditors

2. Declaration of ₹1 dividend per equity share of ₹5 for the financial year ended March 31, 2026

3. Appointment of Jawahar Lal Oswal (DIN: 00463866) as a Non-Executive Director liable to retire by rotation

4. Appointment of Satish Kumar Sharma (DIN: 00402712) as a Non-Executive Director liable to retire by rotation

5. Ratification of remuneration of Cost Auditors for the financial year 2026-27 under section 148(3) (Ordinary Resolution)

6. Approval for continuation of Satish Kumar Sharma (DIN: 00402712) as Non-Executive Director upon attaining age of 75 years (Special Resolution)

7. Re-appointment of Dinesh Oswal (DIN: 00607290) as Managing Director for five years from January 1, 2027 to December 31, 2031 (Special Resolution)

8. Approval for increase in fee payable to Jawahar Lal Oswal (DIN: 00463866), Non-Executive Director/Chairman (Special Resolution)

9. Re-appointment of Yash Paul Sachdeva (DIN: 02012337) as Independent Director for second term of five years from August 24, 2027 (Special Resolution)

10. Re-appointment of Anchal Kumar Jain (DIN: 09546925) as Independent Director for second term of five years from August 24, 2027 (Special Resolution)

11. Alteration in Main Object Clause of Memorandum of Association by adding solar power and allied objects (Special Resolution)

Voting Process and Methods

The company provided facility for members to exercise their right to vote by electronic means through both remote e-voting and e-voting during the AGM. Services were engaged with Central Depository Services (India) Limited (CDSL).

Remote e-voting period: Started September 22, 2026 at 9:00 AM and closed September 24, 2026 at 5:00 PM

Cut-off date for eligibility: Friday, September 18, 2026

E-voting during AGM: Remained open for 30 minutes from conclusion of the meeting

Scrutinizer Appointment and Role

Mr. P.S. Bathla, Proprietor of M/s. P.S. Bathla & Associates, Company Secretary in Practice, was appointed as Scrutinizer for conducting and monitoring the e-voting process (both remote e-voting and e-voting at AGM) in a fair and transparent manner.

Voting Outcomes and Results

The Scrutinizer's Report confirmed and certified that all 11 resolutions set out in the Notice of the 46th AGM were duly passed with requisite majority. The specific voting results (total votes cast, percentage in favor/against, participation breakdown by shareholder category) were not provided in this document but were to be declared at the Registered Office within 2 working days from conclusion of the AGM and simultaneously uploaded on the company's website (www.owmnahar.com) and CDSL website.

Compliance with Regulations

The meeting was conducted in compliance with:

  • Section 96 of the Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 30 and Regulation 44)
  • Companies (Management and Administration) Rules, 2014
  • MCA General Circular No. 3/2025 dated September 22, 2025

The company confirmed that statutory registers were available for electronic inspection during the AGM, and all required documents had been sent to members through electronic mode.

Additional Information

The meeting began at 10:00 AM and concluded at 10:50 AM (including time allowed for e-voting at AGM). Quorum was present at the beginning and throughout the meeting. The company did not receive any queries or questions from shareholders in advance of the meeting. Statutory Auditors M/s. Gupta Vigg & Co. and Secretarial Auditors M/s. P.S. Bathla & Associates gave their audit reports without any qualifications, observations, or comments.