Noida Toll Bridge Company Limited held its 30th Annual General Meeting (AGM) on Monday, September 21, 2026 through video conferencing/other audio visual means. The meeting commenced at 12:00 PM and concluded at 12:50 PM.
Meeting Attendance and Participation
- Total number of shareholders on record date: 61,841
- Number of shareholders attending through VC/OAVM: 158 (1 from Promoter and Promoter Group, 157 Public shareholders)
- No physical meeting or proxy appointment arrangements were made
- The meeting was conducted in compliance with MCA and SEBI circulars
Directors and Officials Present
All directors attended the meeting virtually:
- Mr. Nand Kishore (Chairman)
- Mr. Balvinder Singh (Independent Director, Chairperson of Audit Committee and Nomination & Remuneration Committee)
- Mr. Kazim Raza Khan (Nominee Director)
- Ms. Jayashree Ramaswamy (Nominee Director)
- Mr. Rakesh Chatterjee (Director, Chairperson of Stakeholders Relationship Committee)
- Mr. Sharad Goel (Nominee Director)
- Mr. Dheeraj Kumar (CEO & Executive Director)
Also present were Mr. Gautam Pradhan (Statutory Auditor), Mr. Sanjay Kumar (Practicing Company Secretary, Secretarial Auditors and Scrutinizer), and Gagan Singhal (Company Secretary & Compliance Officer).
Auditor Reports
- Statutory Auditors Report for FY ended March 31, 2026 was unmodified with no qualifications, only emphasis matters as detailed in the report
- Secretarial Auditors Report for FY ended March 31, 2026 contained no qualifications but had an observation regarding composition of Board, Audit Committee, Nomination & Remuneration Committee and Stakeholders Grievance Committee under Companies Act, 2013 and SEBI LODR
- The NCLT Mumbai Bench Order dated April 26, 2019 granted exemption to IL&FS and its Group Companies including NTBCL regarding appointment of Independent Directors and Women Directors, making the company compliant with regulations
Chairman's Address
The Chairman highlighted:
- Completion of 25 years of providing seamless and uninterrupted connectivity between Noida and Delhi
- Return to profitability during FY 2025-26
- Future maintenance requirements and other operational expenses
- Exploration of additional revenue generation opportunities
- Exploring other revenues within the legal and contractual framework
Resolutions Voted Upon
Four resolutions were presented for voting:
1. Ordinary Resolution: Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, along with reports of Board of Directors and Auditors
2. Ordinary Resolution: Re-appointment of Ms. Jayashree Ramaswamy (DIN: 02235205) as Director who retires by rotation
3. Ordinary Resolution: Ratification of Remuneration of Statutory Auditors
4. Special Resolution: Appointment of Mr. Balvinder Singh (DIN: 03372237) as Independent Director
Voting Process
- Remote e-voting facility was provided through NSDL e-voting system before the meeting
- E-voting facility was also available during the AGM for members who hadn't voted earlier
- Mr. Sanjay Kumar, Practicing Company Secretary (Membership No. FCS 9211) was appointed as Scrutinizer to supervise the voting process
- Q&A session was conducted with shareholders who registered as speakers
Post-Meeting Procedures
- E-voting facility remained open for 15 minutes after the meeting
- Consolidated voting results and Scrutinizer's Report will be placed on company website (www.ntbcl.com) and NSDL website (www.evotingnsdl.com)
- Results will be forwarded to BSE and NSE and made available on their websites within two working days
- This document does not constitute the official minutes of the AGM