Meeting Details

  • Meeting Type: 57th Annual General Meeting (AGM)
  • Date: August 25, 2026
  • Time: 11:00 AM to 12:07 PM (IST)
  • Mode: Video Conferencing/Other Audio Visual Means
  • Record Date: August 18, 2026
  • Total Shareholders on Record Date: 1,196,929

Voting Process and Methods

  • Remote e-voting facility was provided through National Securities Depository Limited (NSDL)
  • Remote e-voting period: August 22, 2026 (09:00 hours) to August 24, 2026 (17:00 hours)
  • E-voting during AGM: Available for 15 minutes after meeting conclusion (until 12:22 PM)
  • Scrutinizer: Sachin Agarwal of M/s. Agarwal S. & Associates, Company Secretaries
  • Scrutinizer Appointment Date: July 24, 2026
  • Scrutinizer Report Date: August 27, 2026

Attendance Details

  • Promoters present in meeting: 0
  • Public shareholders present through video conferencing: 168
  • Total shareholders attended meeting: 168

Resolution Summary and Voting Outcomes

Resolution 1: Ordinary Resolution

Description: To receive, consider, approve and adopt the audited standalone & consolidated financial statements for FY 2025-26

  • Total Votes Cast: 2,105,564,859
  • Votes in Favor: 2,026,157,031 (96.23%)
  • Votes Against: 79,407,828 (3.77%)
  • Result: Passed

Resolution 2: Ordinary Resolution

Description: To take note of payment of 1st, 2nd, 3rd and 4th interim dividends and declare final dividend for FY 2025-26

  • Total Votes Cast: 2,118,269,160
  • Votes in Favor: 2,108,403,685 (99.53%)
  • Votes Against: 9,865,475 (0.47%)
  • Result: Passed

Resolution 3: Ordinary Resolution

Description: Re-appointment of Shri Shashank Misra (DIN: 08364288) as Director retiring by rotation

  • Total Votes Cast: 2,117,618,014
  • Votes in Favor: 1,732,877,198 (81.83%)
  • Votes Against: 384,740,816 (18.17%)
  • Result: Passed

Resolution 4: Ordinary Resolution

Description: To fix remuneration of Statutory Auditors for FY 2026-27

  • Total Votes Cast: 2,118,266,664
  • Votes in Favor: 2,095,077,831 (98.91%)
  • Votes Against: 23,188,833 (1.09%)
  • Result: Passed

Resolution 5: Ordinary Resolution

Description: Appointment of Shri Thangarajan Subash Chandira Bosh (DIN: 02772316) as Director (Projects)

  • Total Votes Cast: 2,118,273,217
  • Votes in Favor: 1,874,140,387 (88.47%)
  • Votes Against: 244,132,830 (11.53%)
  • Result: Passed

Resolution 6: Ordinary Resolution

Description: Appointment of Shri Rajesh Kumar (DIN: 06941428) as Director (Finance)

  • Total Votes Cast: 2,118,267,959
  • Votes in Favor: 1,911,510,783 (90.24%)
  • Votes Against: 206,757,176 (9.76%)
  • Result: Passed

Resolution 7: Ordinary Resolution

Description: Appointment of Shri Rajesh Kumar Agarwal (DIN: 09699001) as Nominee Director of Power Finance Corporation Limited

  • Total Votes Cast: 2,117,626,866
  • Votes in Favor: 1,738,962,319 (82.12%)
  • Votes Against: 378,664,547 (17.88%)
  • Result: Passed

Resolution 8: Special Resolution

Description: Appointment of Dr. Anil Kumar Gupta (DIN: 00442146) as Part-time Non-official Independent Director

  • Total Votes Cast: 2,109,903,543
  • Votes in Favor: 1,749,580,073 (82.92%)
  • Votes Against: 360,323,470 (17.08%)
  • Result: Passed

Resolution 9: Special Resolution

Description: Appointment of Dr. Kanchiappan Ghayathri Devi (DIN: 07584524) as Part-time Non-official Independent Director

  • Total Votes Cast: 2,109,903,924
  • Votes in Favor: 1,749,413,940 (82.91%)
  • Votes Against: 360,489,984 (17.09%)
  • Result: Passed

Resolution 10: Special Resolution

Description: Appointment of Smt. Poonam Chauhan (DIN: 11842802) as Part-time Non-official Independent Director

  • Total Votes Cast: 2,109,903,916
  • Votes in Favor: 1,894,343,080 (89.78%)
  • Votes Against: 215,560,836 (10.22%)
  • Result: Passed

Resolution 11: Special Resolution

Description: Approval for private placement of securities

  • Total Votes Cast: 2,118,090,925
  • Votes in Favor: 2,071,766,779 (97.81%)
  • Votes Against: 46,324,146 (2.19%)
  • Result: Passed

Shareholder Category-wise Voting Breakdown

Total Outstanding Shares: 2,633,224,000

Promoter & Promoter Group:

  • Shares Held: 1,385,993,662
  • Votes Cast: 1,385,993,662 (100% of shares held)
  • Voted 100% in favor on all resolutions

Public Institutions:

  • Shares Held: 877,623,402
  • Average Votes Cast: ~83.3% of shares held
  • Voting patterns varied by resolution

Public Non-Institutions:

  • Shares Held: 369,606,936
  • Average Votes Cast: ~0.33% of shares held
  • Generally high approval rates (97-99% in favor)

Scrutinizer's Role and Findings

  • Scrutinizer: Sachin Agarwal, Partner, Agarwal S. & Associates, Company Secretaries
  • Firm Details: D-427, 2nd Floor, Palam Extn., Ramphal Chowk, Sector 7, Dwarka, New Delhi-110075
  • Qualifications: Company Secretary (FCS: 5774, COP: 5910)
  • Independent Witnesses: Ms. Shweta Jain and Mr. Ravi Agrawal
  • Verification Process: Votes were unblocked and downloaded in presence of independent witnesses after conclusion of e-voting
  • Conclusion: All resolutions passed with requisite majority as required under applicable laws

Compliance Confirmation

The voting process complied with:

  • Section 108 of Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • All resolutions were passed with required majority

Additional Information

  • Newspaper advertisements were published in Business Standard (English and Hindi) on July 31, 2026
  • The scrutinizer's report was prepared on August 27, 2026
  • Total number of resolutions passed: 11
  • All resolutions received requisite majority approval