AGM Details

The 38th Annual General Meeting of Rexnord Electronics and Controls Limited will be held on Wednesday, September 30, 2026 at 11:00 a.m. IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) in accordance with relevant circulars from the Ministry of Corporate Affairs and SEBI.

The Registered Office at Plot No. A-7, MIDC, Road No.5, Andheri (East), Mumbai - 400 093, Maharashtra, India shall be deemed to be the venue for the AGM.

Ordinary Business

Item 1: Adoption of Financial Statements

  • To receive, consider and adopt:
  • a) Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
  • b) Audited Consolidated Financial Statements for FY ended March 31, 2026 with Auditors Reports

Item 2: Director Re-appointment

  • To appoint Mr. Mohan Iyer (DIN: 10158806) who retires by rotation and offers himself for re-appointment
  • Mr. Iyer was first appointed on May 12, 2023
  • Qualifications: SSC/ Member of IME (Institution of Mechanical Engineers)
  • Experience: Associated with company since February 1, 2005 as Export Manager with over 20 years experience
  • Current shareholding: 900 Equity Shares as of March 31, 2026
  • Attended 5 Board meetings during FY 2025-26
  • No directorships in other listed companies
  • Not related to any other Director/Key Managerial Personnel

Special Business

Item 3: Cost Auditor Remuneration Ratification

  • To ratify remuneration of M/s. Krishna S & Associates, Cost Accountants (Firm Registration Number: 100939)
  • Remuneration: ₹100,000/- per annum (Indian Rupees One Lakh only) exclusive of Taxes & reimbursement of out-of-pocket expenses
  • For conducting audit of cost records for financial year ending March 31, 2027
  • Appointment approved by Board of Directors on recommendation of Audit Committee

Item 4: Material Related Party Transaction with R.K. Management Services

  • Approval sought for material related party transactions with M/s. R.K. Management Services (proprietary concern represented by Ms. Ramandeep Talwar)
  • Relationship: Son's wife of Mr. Kishorechand Talwar (Chairman & MD) and wife of Mr. Kundan Talwar (CFO)
  • Nature of services: Labour and Manpower Supply services to source, recruit, verify, and deploy Personnel across operational departments
  • Departments covered: Production, Housekeeping, Groundkeeping, Pantry Washroom Maintenance, Security, and Facility Support
  • Types of manpower: Skilled, Semi-Skilled, Unskilled/General Labour, Administrative & Supervisory Staff
  • Agreement commenced: June 1, 2026 (covering FY 2026-27)
  • Service charge: Fixed 3% administration fee calculated over net monthly wage bill (excluding taxes and statutory employer contributions)
  • Budgetary limit: ₹10 crores
  • Estimated annual value: ₹15 crores per annum from FY 2026-27 until FY 2030-31
  • Represents 11% of company's annual consolidated turnover for FY 2025-26
  • No transactions undertaken with this related party during previous financial year or current year up to approval quarter
  • Approval sought for 5 years until FY 2030-31
  • Certified by Managing Director and CFO as ordinary course business at arm's length
  • Approved by Audit Committee and Board of Directors

Item 5: Material Related Party Transaction with S.K. Management Services

  • Approval sought for material related party transactions with M/s. S.K. Management Services (proprietary concern represented by Ms. Sharda Talwar)
  • Relationship: Wife of Mr. Kishorechand Talwar (Chairman & MD) and mother of Mrs. Nainy Tanna (Whole-Time Director) and Mr. Kundan Talwar (CFO)
  • Nature of services: Identical to R.K. Management Services - Labour and Manpower Supply services
  • Same terms: 3% service charge, ₹10 crores budgetary limit, ₹15 crores estimated annual value
  • Represents 11% of company's annual consolidated gross turnover for FY 2025-26
  • No previous transactions with this related party
  • Same 5-year approval period until FY 2030-31
  • Same certification and approval process

E-Voting Details

  • Cut-off date for voting rights: September 23, 2026
  • Remote e-voting period: September 27, 2026 (9:00 a.m. IST) to September 29, 2026 (5:00 p.m. IST)
  • E-voting service provider: Bigshare Services Private Limited
  • Scrutinizer: M/s. GMJ & Associates, Company Secretaries, Mumbai
  • Results to be announced within 2 working days of AGM conclusion

Shareholder Services Information

  • Registrar & Transfer Agent: M/s. Big Share Services Private Limited
  • Company website: www.rexnordindia.com
  • Investor email: finance@rexnordindia.com
  • Physical share folios to be frozen if PAN, KYC, bank details not provided by April 1, 2023 per SEBI circular
  • Members can request hard copies of Annual Report by email
  • Queries for AGM must be submitted 7 days in advance from registered email