Meeting Details

  • Date: Saturday, September 12, 2026
  • Time: 12:30 PM (IST)
  • Location: Conducted entirely through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Type: Annual General Meeting
  • Venue: The Registered Office of the Company (3rd Floor, A-Block, Om Tower, Church Road, M.I. Road, Jaipur-302001) is deemed the venue.
  • Cut-off Date: The Record Date for determining shareholder eligibility is Friday, September 4, 2026.

Summary of Proposed Resolutions and Implications

Ordinary Business

1. Item No. 1: Adoption of Audited Financial Statements - To receive, consider, and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.

2. Item No. 2: Declaration of Dividend - To declare a final dividend of ₹0.50 per equity share for FY 2025-26. If approved, the dividend will be paid on or before October 11, 2026.

3. Item No. 3: Appointment of Director Retiring by Rotation - To consider the re-appointment of Shri Dharam Prakash Kothari (DIN:00035298), who retires by rotation.

Special Business

4. Item No. 4: Approval of Appointment of Statutory Auditors to Fill Casual Vacancy - An Ordinary Resolution to ratify the Board's appointment of M/s. Khandelwal Badaya & Co., Chartered Accountants (FRN: 016506C), to fill the casual vacancy caused by the resignation of the previous auditors. They will hold office until the conclusion of this AGM.

5. Item No. 5: Appointment of Statutory Auditors for a Term of Five Consecutive Years - An Ordinary Resolution to appoint M/s. Khandelwal Badaya & Co. as Statutory Auditors for a term of five years, from the conclusion of this AGM until the conclusion of the 59th AGM.

6. Item No. 6: Ratification of Cost Auditor's Remuneration - An Ordinary Resolution to ratify the remuneration of ₹30,000 (plus GST) payable to M/s M. Goyal & Co., Cost Accountants (Firm's Registration No. 000051), for conducting the cost audit for FY 2026-27.

7. Item No. 7: Approval of Related Party Transactions - An Ordinary Resolution to approve material Related Party Transactions (RPTs) with four Joint Ventures for FY 2026-27 and up to the next AGM. The total proposed value is ₹672 crore, broken down as follows:

  • BRCCPL OMIL DARA JV: ₹181 crore (Supply of service/job work for Khajuwala Water Supply Project)
  • HCC OMIL JV: ₹300 crore (Supply of service/job work for Nokha Water Supply Project)
  • OMIL JV: ₹131 crore (Supply of service/EPC Contract for Shahpurkandi Power house project)
  • OMIL WIPL JV: ₹60 crore (Supply of service/EPC Contract for construction of Isarda Dam)

Voting Process and Methods

  • Remote E-Voting: Available via the NSDL e-Voting platform from Tuesday, September 8, 2026, at 09:00 AM IST to Friday, September 11, 2026, at 05:00 PM IST.
  • AGM Day E-Voting: Members attending the VC/OAVM meeting who have not voted remotely may vote during the meeting. Votes cast without joining the VC will be invalid.
  • Methods: Shareholders can vote using their demat account login credentials (for NSDL or CDSL) or a user ID/password provided for physical shareholders.
  • Restriction: For Item No. 7 (RPTs), all Related Parties, including Promoters and Promoter Group entities, must abstain from voting as per Regulation 23(4) of SEBI LODR.

Key Compliance and Procedural Information

  • Explanatory Statement: Provided pursuant to Section 102 of the Companies Act, 2013, for all special business items (Item Nos. 4 to 7).
  • Green Initiative: The notice and annual report are being sent electronically. Physical copies are provided only upon specific request.
  • Dividend Payment: Will be made electronically. Members must ensure KYC compliance (PAN, bank details, signature) with the RTA (M/s Skyline Financial Services Private Limited) or their Depository Participant.
  • TDS on Dividend: The company will deduct TDS as per the Finance Act, 2020. Resident shareholders can submit Form 15G/15H by September 1, 2026, to avoid deduction if eligible.
  • Scrutinizer: Mr. Abhishek Goswami, Practising Company Secretary (CP No. 17057), has been appointed to oversee the e-voting process. He will submit a report to the Chairman, and results will be declared within two working days post-AGM.
  • Compliance References: The meeting format complies with MCA Circulars (Nos. 14/2020, 17/2020, 20/2020, 09/2024, and 03/2025) and SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37.