Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Nitiraj Engineers Limited

Meeting Details

The 27th AGM was held on Monday, September 28, 2026, from 1:00 PM to 1:40 PM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting was convened by notice dated September 4, 2026.

Proposed Resolutions and Implications

Three ordinary resolutions were proposed for shareholder approval:

1. To receive, consider and adopt the standalone audited financial statements for the financial year ended March 31, 2026, along with directors report and audited report

2. To appoint director Mr. Yi Hung Sin (DIN: 01953871) who retires by rotation and is eligible for re-appointment

3. Ratification of remuneration of cost auditors for the financial year 2026-27

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting facility provided by National Securities Depository Limited (NSDL)
  • E-voting during the AGM for members who had not voted through remote e-voting

The remote e-voting period was open from September 25, 2026 (9:00 am) to September 27, 2026 (5:00 pm). The cut-off date for determining voting rights was September 21, 2026.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 8,416,021
  • Votes in favor: 8,415,570 (99.99%)
  • Votes against: 450 (0.00534%)
  • Invalid votes: 0
  • 32 members voted in favor, 1 member voted against

Resolution 2: Re-appointment of Director

  • Total votes cast: 8,416,021
  • Votes in favor: 8,415,570 (99.99%)
  • Votes against: 451 (0.0053%)
  • Invalid votes: 0
  • 31 members voted in favor, 2 members voted against
  • Note: 818,000 votes were invalidated from Mr. Yi Hung Sin

Resolution 3: Ratification of Cost Auditor Remuneration

  • Total votes cast: 8,416,021
  • Votes in favor: 8,415,570 (99.99%)
  • Votes against: 451 (0.0053%)
  • Invalid votes: 0
  • 31 members voted in favor, 2 members voted against

Participation Breakdown by Shareholder Category

Promoter Group:

  • Shares held: 7,101,500
  • Votes polled: 7,098,250 (99.95423502% of shares held)
  • All votes were in favor of all resolutions

Public Institutions:

  • Shares held: 0
  • Votes polled: 0

Public Non-Institutions:

  • Shares held: 3,149,500
  • Votes polled: 1,317,771 (41.84064137% of shares held)
  • Votes in favor: 1,317,320 (99.96577554%)
  • Votes against: 451 (0.034224459%)

Scrutinizer's Role and Findings

Mr. Yash H Goyal, Chartered Accountant (FRN: 151104W, M.No. 188307), was appointed as scrutinizer to ensure fair and transparent voting process. The scrutinizer:

  • Verified the unblocking of remote e-voting votes on September 28, 2026, in presence of witnesses Mr. Jayant Sangam and Mrs. Geeta Mangarmani
  • Scrutinized votes based on reports generated from NSDL e-voting system
  • Confirmed all resolutions passed with requisite majority
  • Handed over all voting documents/electronic records to the company secretary for safe keeping

Compliance Confirmation

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Relevant MCA and SEBI circulars