Meeting Details

  • Meeting Type: 26th Annual General Meeting (AGM)
  • Date: 26th September, 2026
  • Location: Conducted through Video Conference (VC)/Other Audio-Visual Means (OAVM)
  • Cut-off Date: 19th September, 2026

Proposed Resolutions and Outcomes

All seven resolutions set out in the AGM Notice were duly passed by members with requisite majority:

Ordinary Business

1. Adoption of Annual Financial Statements (Ordinary Resolution)

  • Total votes cast: 50,142,140
  • Votes in favor: 50,141,703 (100.00%)
  • Votes against: 437 (0.00%)
  • 576 members voted in favor, 10 against

2. Declaration of Dividend (Ordinary Resolution)

  • Total votes cast: 50,144,372
  • Votes in favor: 50,122,982 (99.96%)
  • Votes against: 21,390 (0.04%)
  • 575 members voted in favor, 11 against

3. Appointment of Mr. Puritipati Venkata Krishna Reddy (DIN: 01815061) as Director liable to retire by rotation (Ordinary Resolution)

  • Total votes cast: 50,142,043
  • Votes in favor: 47,890,709 (95.51%)
  • Votes against: 2,251,334 (4.49%)
  • 519 members voted in favor, 67 against

Special Business

4. Ratification of remuneration payable to M/s. EVS & Associates, Cost Auditors (Ordinary Resolution)

  • Total votes cast: 50,142,041
  • Votes in favor: 50,141,036 (100.00%)
  • Votes against: 1,005 (0.00%)
  • 563 members voted in favor, 19 against

5. Approval for entering into contracts with Evey Trans (NSK) Private Limited and Evey Trans (KAR) Private Limited (Ordinary Resolution)

  • Promoter group interested: Yes
  • Total votes cast: 9,089,041
  • Votes in favor: 9,088,352 (99.99%)
  • Votes against: 689 (0.01%)
  • 563 members voted in favor, 18 against

6. Approval for Receiving Guarantees and/or Unsecured Loans from Megha Engineering & Infrastructures Limited (MEIL) and/or MEIL Holdings Limited (MHL) (Ordinary Resolution)

  • Promoter group interested: Yes
  • Total votes cast: 9,089,041
  • Votes in favor: 9,072,537 (99.82%)
  • Votes against: 16,504 (0.18%)
  • 547 members voted in favor, 34 against

7. Approval for issuance of Corporate Undertaking in favour of Lenders against Advance Facility (Ordinary Resolution)

  • Total votes cast: 9,089,041
  • Votes in favor: 9,031,479 (99.37%)
  • Votes against: 57,562 (0.63%)
  • 557 members voted in favor, 27 against

Voting Process and Methods

  • Remote e-voting period: 22nd September 2026 (09:00 AM) to 25th September 2026 (05:00 PM)
  • E-voting system provider: Central Depository Services (India) Limited (CDSL)
  • Voting methods: Remote e-voting before AGM and e-voting during AGM
  • Votes unblocked: 26th September 2026 after conclusion of AGM

Shareholder Participation

  • Total shareholders on cut-off date: 4,38,791
  • Shareholders attended meeting through VC: 105
  • Total shares outstanding: 82,080,737

Scrutinizer's Report

  • Scrutinizer: Prathap Satla, Company Secretary in practice (Proprietor of Prathap Satla & Associates)
  • Appointment: By Board of Directors under Section 108 of Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014
  • Role: Scrutinize remote e-voting and e-voting at AGM processes
  • Verification: Based on reports from CDSL e-voting system and company records
  • Findings: All votes properly recorded and reconciled

Compliance Statement

The company confirmed compliance with:

  • SEBI (LODR) Regulations, 2015
  • Companies Act, 2013 and relevant Rules
  • MCA Circular No. 03/2025 dated 22nd September, 2025

Additional Information

Voting results and Scrutinizer's Report exhibited on company website at www.olectra.com. No invalid votes were recorded across any resolutions.