Meeting Details

The 10th Annual General Meeting of Orient Electric Limited was held on Wednesday, July 22, 2026, commencing at 3:30 PM IST and concluding at 4:20 PM IST. The meeting was conducted through Video Conference/Other Audio Video Visual Means (OAVM) in compliance with MCA and SEBI circulars and provisions of the Companies Act, 2013.

Key Participants

  • Chairman: Mr. CK Birla, Chairman and Non-Executive Director
  • Management Present: Mr. Ravindra Singh Negi (Managing Director & CEO), Ms. Avani Birla (President-Strategy), Mr. Arvind Kumar Vats (Chief Financial Officer), Ms. Diksha Singh (Company Secretary)
  • Independent Directors Present: Mr. TCA Ranganathan (Chairman of Audit Committee), Mr. K Pradeep Chandra (Chairman of CSR Committee), Mr. Raju Lal (Chairman of Risk Management Committee), Mrs. Alka Marezban Bharucha (Chairperson of NRC and SRC - joined via VC)
  • Auditors Present: Mr. Amit Gupta (S. R. Batliboi & Co. LLP - outgoing Statutory Auditors), Mr. Anurag Khandelwal (Price Waterhouse Chartered Accountants LLP - incoming Statutory Auditors), Mr. Atul Kumar Labh (Secretarial Auditor & Scrutinizer)

Voting Arrangements

The company provided remote e-voting facility from Saturday, July 18, 2026 (9:00 AM IST) to Tuesday, July 21, 2026 (5:00 PM IST) through NSDL's e-voting platform. Shareholders attending the AGM who hadn't voted remotely could vote during the meeting via e-voting. The cut-off date for determining shareholder eligibility was Wednesday, July 15, 2026.

Business Transacted

Ordinary Business:

1. Adoption of audited financial statements for FY 2025-26 along with reports of Board of Directors and auditors

2. Declaration of final dividend of ₹0.75 per equity share (face value ₹1 each) for FY ended March 31, 2026, and confirmation of interim dividend of ₹0.75 per equity share already paid during FY 2025-26

3. Re-appointment of Mr. CK Birla (DIN: 00118473) as Non-executive Director who retires by rotation

4. Appointment of M/s. Price Waterhouse Chartered Accountants LLP as Statutory Auditors of the company

Special Business:

5. Ratification of remuneration to be paid to the Cost Auditor for financial year 2026-27

Auditor Reports

The Statutory Auditor's Report on financials for FY 2025-26 and the Secretarial Auditor's Report contained no qualifications, observations, or adverse remarks and were taken as read.

Document Availability

The Register of Directors & Key Managerial Personnel and Register of Contracts or Arrangements in which Directors are interested were made available for electronic inspection on NSDL's AGM platform and the company's website during the meeting.

Voting Results Process

Mr. Atul Kumar Labh, Company Secretary in Practice, was appointed as Scrutinizer to scrutinize the remote e-voting and e-voting process. The results will be declared within two working days from the meeting end (by July 24, 2026) based on the scrutinizer's report and published on the company's website and stock exchange websites.

Authorization

Mr. Ravindra Singh Negi (MD & CEO), Mr. Arvind Kumar Vats (CFO), and Ms. Diksha Singh (Company Secretary) were authorized to receive and sign the scrutinizer report, declare voting results, and submit them to stock exchanges.