Meeting Details

The 79th Annual General Meeting of Pilani Investment and Industries Corporation Limited was held on Monday, 13th July, 2026 at 3:00 PM (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).

The meeting commenced at 3:00 PM (IST) and concluded at 4:05 PM (IST), lasting approximately 1 hour and 5 minutes.

Meeting Proceedings

Smt. Rajashree Birla chaired the meeting and declared that requisite quorum was present. The Notice convening the 79th AGM, the Statutory Auditor's report, and the Secretarial Auditor's report for the year ended 31st March 2026 were taken as read by the Chairperson.

Shareholders were invited to express their views, ask questions, and seek clarifications on the company's performance and proposed resolutions, which were appropriately responded to.

Resolutions Transacted

Five resolutions were considered and deemed passed on 13th July, 2026, subject to receipt of requisite majority:

Ordinary Business

1. Adoption of Audited Financial Statements - Ordinary Resolution: Adoption of Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended 31st March, 2026 together with Reports of the Board of Directors' and Auditors' thereon.

2. Declaration of Dividend - Ordinary Resolution: Declaration of Dividend on Equity Shares for the financial year ended 31st March, 2026. (Dividend amount per share not specified in disclosure)

3. Re-appointment of Director - Ordinary Resolution: Re-appointment of Shri D.K. Mantri (DIN: 00075664) as Director, who retires from office by rotation but being eligible offers himself for re-appointment.

Special Business

4. Appointment of Independent Director - Special Resolution: Appointment of Shri Arun Laddha (DIN: 00079406) as a Non-Executive Independent Director of the Company.

5. Approval of Material Related Party Transactions - Ordinary Resolution: Approval of Material Related Party Transactions. (Specific transactions not detailed in disclosure)

Voting Arrangements

All resolutions were subject to both remote e-voting and voting during the AGM by electronic means. The e-voting facility was kept open for 15 minutes post-conclusion of the AGM to enable shareholders to cast their votes.

Post-Meeting Procedures

The e-voting results were to be declared and disseminated on the company's website/notice board, CDSL, RTA, and the stock exchanges. The details of voting results pursuant to Regulation 44(3) of the Listing Regulations were to be intimated in due course.