PTC India 27th AGM Approves All Resolutions

Meeting Details

The 27th Annual General Meeting of PTC India Limited was held on Wednesday, September 30, 2026, at 12:30 P.M. through Video Conferencing in accordance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

Proposed Resolutions and Implications

Five ordinary resolutions were proposed and approved:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026

3. Declaration of Final Dividend of ₹5.5 per share for FY 2025-26

4. Re-appointment of Sh. Rajiv Kumar Rohilla (DIN: 10371161) as Director retiring by rotation

5. Re-appointment of T.R. Chadha & Co. LLP (Firm Registration No. 006711N-N500028) as Statutory Auditors and fixing their remuneration

Voting Process and Methods

The Company provided two voting methods:

Remote e-voting: Open from Sunday, September 27, 2026 (9:00 am) to Tuesday, September 29, 2026 (5:00 pm)
E-voting at AGM (insta-poll): For members who did not participate in remote e-voting

National Securities Depository Limited (NSDL) was engaged as the e-voting agency. The cut-off date for determining voting rights was September 23, 2026.

Key Voting Outcomes

Overall Participation

Total shareholders as of cut-off date: 292,426
Shareholders who attended AGM through VC: 175
Total shares represented: 24,432,617 (8.26% of total paid-up capital)

Resolution-wise Results

Resolution 1: Adoption of Standalone Financial Statements

Total votes cast: 139,844,364 (47.24% of outstanding shares)
Votes in favor: 139,832,045 (99.99%)
Votes against: 12,319 (0.01%)

Resolution 2: Adoption of Consolidated Financial Statements

Total votes cast: 127,844,364 (43.19% of outstanding shares)
Votes in favor: 127,832,045 (99.99%)
Votes against: 12,319 (0.01%)

Resolution 3: Final Dividend Declaration

Total votes cast: 143,122,072 (48.35% of outstanding shares)
Votes in favor: 143,110,231 (99.99%)
Votes against: 11,841 (0.01%)

Resolution 4: Re-appointment of Director

Total votes cast: 143,121,942 (48.35% of outstanding shares)
Votes in favor: 80,904,597 (56.53%)
Votes against: 62,217,345 (43.47%)

Resolution 5: Re-appointment of Statutory Auditors

Total votes cast: 143,121,942 (48.35% of outstanding shares)
Votes in favor: 142,600,969 (99.64%)
Votes against: 520,973 (0.36%)

Category-wise Voting Breakdown

Promoter & Promoter Group (48,000,000 shares held)

Voted 100% in favor on all resolutions except Resolution 4 where they were interested

Public Institutions (101,983,722 shares held)

Participation rate: 86.44%-89.66% across resolutions
Voted 100% in favor on financial statements and dividend resolutions
Voted 34.94% in favor for director re-appointment (Resolution 4)
Voted 99.72% in favor for auditor re-appointment

Public Non-Institutions (146,024,599 shares held)

Participation rate: 2.49%-2.53% across resolutions
Voted 99.66%-99.68% in favor on financial statements and dividend
Voted 25.92% in favor for director re-appointment (Resolution 4)
Voted 92.91% in favor for auditor re-appointment

Scrutinizer's Role and Findings

CS Ashish Kapoor of M/s. Ashish Kapoor & Associates was appointed as Scrutinizer to conduct the voting process in a fair and transparent manner. The scrutinizer:

Carried out scrutiny of all electronic votes received through remote e-voting and e-voting at AGM
Submitted the consolidated report on October 1, 2026
Verified the voting process in presence of independent witnesses (Chesta Verma and Sachin Kasturia)
Confirmed that all resolutions were passed with requisite majority

Compliance Confirmation

The Company confirmed compliance with:

Companies Act, 2013 and Rules thereunder
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
MCA General Circular Nos. 14/2020, 17/2020, 20/2020, 10/2022, 09/2024, and 03/2025
SEBI circulars on conducting meetings through VC/OAVM