Meeting Details

  • Date: Tuesday, 29th September 2026
  • Time: 4:00 PM IST
  • Mode: Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Deemed Venue: Registered Office at Plot No. L-61, M.I.D.C. Kupwad Block, Sangli, Maharashtra – 416 436
  • Record Date for Dividend: Tuesday, 22nd September 2026
  • Book Closure Dates: Wednesday, 23rd September 2026 to Tuesday, 29th September 2026 (both days inclusive)

Proposed Resolutions and Implications

ORDINARY BUSINESS

1. Adoption of Audited Standalone Financial Statements

To consider and adopt the audited Standalone Financial Statements (Balance Sheet, Statement of Profit and Loss, Cash Flow Statement) as at 31st March 2026 along with Reports of Directors and Auditors.

2. Adoption of Audited Consolidated Financial Statements

To consider and adopt the audited Consolidated Financial Statements (Balance Sheet, Statement of Profit and Loss, Cash Flow Statement) as at 31st March 2026 along with Reports of Auditors.

3. Declaration of Dividend

To declare a dividend of ₹1 (Rupee One) per equity share of face value ₹10 each for the financial year ended 31st March 2026, payable only to Non-Promoter category shareholders. The Promoters have waived their right to receive dividend. The dividend will be paid on 2,02,04,640 equity shares held by eligible non-promoter shareholders as of the record date.

4. Re-appointment of Director Retiring by Rotation

To re-appoint Mr. Bharanidharan Pandyan (DIN: 01298247), Joint Managing Director, who retires by rotation and is eligible for re-appointment.

SPECIAL BUSINESS

5. Ratification of Cost Auditor Remuneration

To ratify the remuneration of ₹1,00,000/- plus applicable taxes and out-of-pocket expenses payable to Mr. Rupesh Sunil Kale, Practicing Cost Accountant (M. No. 51450; Firm Reg. No 005473) as Cost Auditor for FY 2026-27.

6. Re-appointment of Mr. Thalavaidurai Pandyan as Chairman & Managing Director

Special Resolution to re-appoint Mr. Thalavaidurai Pandyan (DIN: 00439782), who is over 70 years of age, as Chairman & Managing Director for 5 years from 1st March 2027.

  • Remuneration: Basic salary not exceeding ₹17,25,000 per month with annual 10% increase eligibility
  • Perquisites: Medical expenses, LTA, club fees, service staff, vehicle with driver, communication facilities, PF, gratuity
  • Commission: Up to 1% of net profits
  • Minimum Remuneration: ₹17,25,000 per month plus perquisites in case of inadequacy of profits/loss

7. Re-appointment of Mr. Bharanidharan Pandyan as Joint Managing Director

Special Resolution to re-appoint Mr. Bharanidharan Pandyan (DIN: 01298247) as Whole Time Director designated as Joint Managing Director for 5 years from 1st March 2027.

  • Remuneration: Basic salary not exceeding ₹17,25,000 per month with annual 10% increase eligibility
  • Perquisites: Medical expenses, LTA, club fees, service staff, vehicle with driver, communication facilities, PF, gratuity
  • Commission: Up to 1% of net profits
  • Minimum Remuneration: ₹17,25,000 per month plus perquisites in case of inadequacy of profits/loss

8. Re-appointment of Mrs. Chitra Pandyan as Whole Time Director

Special Resolution to re-appoint Mrs. Chitra Pandyan (DIN: 02602659), who is over 70 years of age, as Whole Time Director for 5 years from 1st March 2027.

  • Remuneration: Basic salary not exceeding ₹4,12,500 per month with annual 10% increase eligibility
  • Perquisites: Medical expenses, LTA, club fees, service staff, vehicle with driver, communication facilities, PF, gratuity
  • Commission: Up to 1% of net profits
  • Minimum Remuneration: ₹4,12,500 per month plus perquisites in case of inadequacy of profits/loss

9. Re-appointment of Mr. Mahesh Saralaya as Whole Time Director

Special Resolution to re-appoint Mr. Mahesh Saralaya (DIN: 10509703) as Whole Time Director for 5 years from 1st March 2027.

  • Remuneration: Basic salary not exceeding ₹1,20,518 per month with annual 10% increase eligibility
  • Allowances: Variable allowance and perquisites as per company policy
  • Minimum Remuneration: ₹1,20,518 per month plus allowances in case of inadequacy of profits/loss

10. Re-appointment of Mr. Sadayandi Ramesh as Independent Director

Special Resolution to re-appoint Mr. Sadayandi Ramesh (DIN: 00588780) as Independent Director for a second term of 5 years from 15th March 2027 to 14th March 2032.

Voting Process and Methods

  • Remote e-Voting Period: From date of notice until Monday, 28th September 2026
  • E-Voting Agency: MUFG Intime India Private Limited
  • Voting Methods:
  • Individual shareholders with demat accounts can vote through NSDL/CDSL platforms
  • Physical shareholders and non-individual shareholders can vote through InstaVote platform
  • Institutional shareholders have dedicated voting procedures through InstaVote
  • Meeting Voting: Shareholders attending the AGM through VC who haven't voted remotely can vote during the meeting via InstaMeet facility

Scrutinizer Appointment

The Board has appointed Mr. Abhay R. Gulavani (CP: 10741), Practicing Company Secretary, Sangli as the Scrutinizer to scrutinize the voting process (both remote e-voting and meeting voting) in a fair and transparent manner.

Result Declaration and Compliance

  • Results will be declared within two working days of conclusion of the AGM
  • Scrutinizer's Report and results will be placed on company website (www.qualitypower.com) and MUFG Intime website (https://instavote.linkintime.co.in)
  • Results will be communicated to BSE and NSE where company shares are listed
  • Dividend will be paid within 30 days from date of declaration
  • TDS will be applicable on dividend payments as per Income Tax Act, 1961

Signatories and Compliance Officer

  • Date of Notice: 2nd September 2026
  • Place: Sangli

Additional Information

  • The notice and annual report are being sent electronically to members with registered email addresses
  • Documents referred to in the notice are available for electronic inspection during the AGM
  • No proxy facility is available as the meeting is conducted through VC/OAVM
  • Institutional members must send authorizing resolutions to cs@qualitypower.co.in and arati.bhoga@in.mpms.mufg.com