Meeting Details

The 52nd Annual General Meeting was held on Friday, September 25, 2026 at 11:00 AM through Video Conferencing/Other Audio-Visual Means. The meeting ended at 12:30 PM.

Proposed Resolutions and Implications

The AGM considered eight resolutions:

ORDINARY BUSINESS:

1. Receipt, consideration and adoption of Audited Financial Statements (Standalone and Consolidated) for FY ended March 31, 2026 with Board's Report, Auditor's Report, and CAG comments

2. Confirmation of first, second and third interim dividend declared in FY 2025-26 and declaration of final dividend for FY ended March 31, 2026

3. Re-appointment of Dr. Deepak Tripathi (DIN: 10090267) as Director (Technical) who retires by rotation

4. Authorization to Board of Directors to fix remuneration of Statutory Auditors to be appointed by CAG for FY 2026-27

SPECIAL BUSINESS:

5. Appointment of Shri Prem Singh Meena (DIN: 10855590) as Whole Time Director (Director Projects) liable to retire by rotation

6. Appointment of Shri Jayant Kumar (DIN: 07179274) as Government Nominee Director liable to retire by rotation

7. Appointment of Shri Atul Singh (DIN: 11747888) as Government Nominee Director liable to retire by rotation

8. Re-appointment of Shri Rahul Mithal (DIN: 07610499) as Chairman & Managing Director consequent to extension of tenure, not liable to retire by rotation

Voting Process and Methods

The company provided remote e-voting facility through National Securities Depository Limited (NSDL). The voting period for remote e-voting commenced on Tuesday, September 22, 2026 at 09:00 AM (IST) and ended on Thursday, September 24, 2026 at 5:00 PM (IST). During the AGM, e-voting facility was also provided to members who attended through VC/OAVM but could not participate in remote e-voting.

Key Voting Outcomes

Overall Participation:

  • Total shareholders on record date (September 20, 2026): 384,799
  • Shareholders present in meeting: 1 promoter (in person/proxy) + 0 public
  • Shareholders attended through video conferencing: 0 promoters + 179 public
  • Total resolutions passed: 8

Resolution-wise Results:

Resolution 1 - Financial Statements Adoption:

  • Total valid votes: 400,474,251 (83.33% of outstanding shares)
  • Votes in favor: 389,538,282 (97.27%)
  • Votes against: 10,935,969 (2.73%)

Resolution 2 - Dividend Declaration:

  • Total valid votes: 402,398,837 (83.73% of outstanding shares)
  • Votes in favor: 402,036,748 (99.91%)
  • Votes against: 362,089 (0.09%)

Resolution 3 - Re-appointment of Dr. Deepak Tripathi:

  • Total valid votes: 402,389,698 (83.73% of outstanding shares)
  • Votes in favor: 387,390,969 (96.27%)
  • Votes against: 14,998,729 (3.73%)

Resolution 4 - Auditor Remuneration Authorization:

  • Total valid votes: 402,389,698 (83.73% of outstanding shares)
  • Votes in favor: 402,291,531 (99.98%)
  • Votes against: 98,167 (0.02%)

Resolution 5 - Appointment of Prem Singh Meena:

  • Total valid votes: 402,389,553 (83.73% of outstanding shares)
  • Votes in favor: 391,280,445 (97.24%)
  • Votes against: 11,109,108 (2.76%)

Resolution 6 - Appointment of Jayant Kumar:

  • Total valid votes: 400,512,651 (83.34% of outstanding shares)
  • Votes in favor: 376,135,877 (93.91%)
  • Votes against: 24,376,774 (6.09%)

Resolution 7 - Appointment of Atul Singh:

  • Total valid votes: 400,511,776 (83.34% of outstanding shares)
  • Votes in favor: 375,198,186 (93.68%)
  • Votes against: 25,313,590 (6.32%)

Resolution 8 - Re-appointment of Rahul Mithal:

  • Total valid votes: 402,389,324 (83.73% of outstanding shares)
  • Votes in favor: 396,001,951 (98.41%)
  • Votes against: 6,387,373 (1.59%)

Scrutinizer's Role and Findings

Sachin Agarwal, Partner of Agarwal S. & Associates, Company Secretaries, was appointed as Scrutinizer by the Board of Directors on August 4, 2026. The scrutinizer unlocked the voting pattern on September 25, 2026 in the presence of independent witnesses (Bijoy Kumar Samal and Darshan Singh) and verified that all resolutions were passed with requisite majority.

Compliance Confirmation

The disclosure confirms compliance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI (LODR) Regulations, 2015.