Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Meeting Details
- Date: Friday, July 10, 2026
- Time: 04:00 P.M. (IST)
- Mode: Through Video Conferencing/Other Audio-Visual Means (OAVM)
- Venue: Registered Office of the Company (deemed venue)
- Cut-off date for e-voting eligibility: Friday, July 03, 2026
Summary of Proposed Resolutions
Item No. 1: Alteration of Objects Clause (Special Resolution)
Proposes to alter Clause III (A) (1) of MOA to expand business scope to include battery recycling, lithium, graphite, lithium bearing minerals, phosphate, lithium ion batteries, LFP batteries, rare earth magnets, materials bearing rare earths, and materials bearing critical minerals. Also proposes to insert new Clause III (B) (17) to permit lending, financial assistance, and providing corporate guarantees.
Item No. 2: Remuneration to Mr. Rajesh Gupta, MD (Special Resolution)
Seeks approval for revision of remuneration payable to Mr. Rajesh Gupta (DIN: 01941985) from ₹3,00,000 to ₹8,00,000 per month effective April 1, 2026, for the remaining tenure up to August 30, 2027. The resolution allows payment even in case of absence or inadequacy of profits.
Item No. 3: Continuation of Directorship of Ms. Nupur Gupta (Ordinary Resolution)
Seeks approval for continuation of Ms. Nupur Gupta (DIN: 09305281) as Non-Executive Director, not liable to retire by rotation, on existing terms and conditions approved in EGM held on September 4, 2021.
Item No. 4: Material RPT with Frank Metals Recyclers Limited (Ordinary Resolution)
Seeks approval for RPTs with Frank Metals Recyclers Limited (formerly Frank Metals Recyclers Private Limited) for aggregate value not exceeding ₹235 crore, including:
- Supply/sale of goods: ₹150 crore
- Purchase of goods: ₹25 crore
- Inter-corporate loan: ₹25 crore
- Guarantee: ₹25 crore
- Borrowing: ₹10 crore
Item No. 5: Material RPT with Tycod Autotech Private Limited (Ordinary Resolution)
Seeks approval for RPTs with Tycod Autotech Private Limited for aggregate value not exceeding ₹135 crore, including:
- Supply/sale of goods: ₹50 crore
- Purchase of goods: ₹5 crore
- Inter-corporate loan: ₹50 crore
- Guarantee: ₹25 crore
- Borrowing: ₹5 crore
Item No. 6: Material RPT with Nupur Extrusion Private Limited (Ordinary Resolution)
Seeks approval for RPTs with Nupur Extrusion Private Limited for aggregate value not exceeding ₹130 crore, including:
- Supply/sale of goods: ₹75 crore
- Purchase of goods: ₹25 crore
- Inter-corporate loan: ₹25 crore
- Borrowing: ₹5 crore
Item No. 7: Material RPT between Frank Metals and Tycod Autotech (Ordinary Resolution)
Seeks approval for RPTs between subsidiary companies Frank Metals Recyclers Limited and Tycod Autotech Private Limited for aggregate value not exceeding ₹70 crore, including:
- Supply/sale of goods: ₹50 crore
- Purchase of goods: ₹10 crore
- Inter-corporate loan: ₹5 crore
- Borrowing: ₹5 crore
Item No. 8: Material RPT between Frank Metals and Nupur Extrusion (Ordinary Resolution)
Seeks approval for RPTs between subsidiary companies Frank Metals Recyclers Limited and Nupur Extrusion Private Limited for aggregate value not exceeding ₹85 crore, including:
- Supply/sale of goods: ₹50 crore
- Purchase of goods: ₹25 crore
- Inter-corporate loan: ₹5 crore
- Borrowing: ₹5 crore
Voting Process and Methods
- Remote e-voting period: Tuesday, July 07, 2026 at 09:00 A.M. (IST) to Thursday, July 09, 2026 at 05:00 P.M. (IST)
- E-voting service provider: National Securities Depository Limited (NSDL)
- Scrutinizer: Mr. Arun Goel, Company Secretary in Practice (Membership No. FCS 9892, C.P. No. 12508)
- Voting methods: Remote e-voting, e-voting during EGM through NSDL platform
- Cut-off date: July 03, 2026 for determining voting eligibility
Key Financial Information
Company Performance (Standalone Basis - Amount in Lakhs Rs.):
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
| Revenue from Operations | 13,575.71 | 13,404.08 | 18,081.81 |
| Profit Before Tax | 1,098.82 | 958.86 | 1,444.84 |
| Profit After Tax | 813.51 | 702.16 | 1,055.04 |
Subsidiary Financials (FY 2025-26):
- Frank Metals Recyclers Limited: Turnover ₹12,249.17 lakhs, PAT ₹710.90 lakhs
- Tycod Autotech Private Limited: Turnover ₹3,199.35 lakhs, PAT ₹376.87 lakhs
- Nupur Extrusion Private Limited: Turnover ₹491.35 lakhs, PAT (₹84.50) lakhs
Compliance and Regulatory References
- Companies Act, 2013 and relevant Rules
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Secretarial Standards on General Meetings (SS-2)
- Ministry of Corporate Affairs Circulars
- SEBI Circular on Industry Standards for RPT approvals
Signatories and Roles
- Shilpa Verma: Company Secretary & Compliance Officer (Membership No.: F10105)
- Arun Goel: Scrutinizer (Company Secretary in Practice, Membership No. FCS 9892)
Additional Information
- The notice is available on company website: https://www.nupurrecyclers.com/general-meeting.html
- Explanatory statement pursuant to Section 102 of Companies Act, 2013 provided
- Institutional members required to send board resolutions/authority letters to scrutinizer
- Members can join EGM through NSDL e-voting system with first-come-first-served basis for 1000 members
- Results will be displayed at registered office and on company website after meeting
- Recorded transcript of EGM will be made available on company website