Date, Location, and Type of Meeting

The AGM was held on Friday, September 25, 2026, at 11:00 AM IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The cut-off date for shareholder eligibility was September 20, 2026, with 384,799 shareholders on record.

Summary of Proposed Resolutions and Implications

The following resolutions were proposed:

  • Ordinary Business:
  • Resolution 1: To receive, consider, and adopt the Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2026, along with the Board's Report, Auditor's Report, and comments of the Comptroller and Auditor General of India.
  • Resolution 2: To confirm the payment of first, second, and third interim dividends declared in FY 2025-26 and to declare final dividend on equity shares for the financial year ended March 31, 2026.
  • Resolution 3: To appoint a Director in place of Dr. Deepak Tripathi (DIN: 10090267), Director (Technical), who retires by rotation and offers himself for re-appointment.
  • Resolution 4: To authorize the Board of Directors to fix the remuneration of the Statutory Auditors to be appointed by the Comptroller and Auditor General of India for FY 2026-27.
  • Special Business:
  • Resolution 5: To appoint Shri Prem Singh Meena (DIN: 10855590) as Whole Time Director [Director (Projects)], liable to retire by rotation.
  • Resolution 6: To appoint Shri Jayant Kumar (DIN: 07179274) as Government Nominee Director, liable to retire by rotation.
  • Resolution 7: To appoint Shri Atul Singh (DIN: 11747888) as Government Nominee Director, liable to retire by rotation.
  • Resolution 8: To re-appoint Shri Rahul Mithal (DIN: 07610499) as Chairman & Managing Director consequent to extension of tenure, not liable to retire by rotation.

The implications include approval of financial performance, dividend distribution, and board composition changes.

Voting Process and Methods Used

Voting was conducted through:

  • Remote e-voting: Available from 9:00 AM IST on September 22, 2026, to 5:00 PM IST on September 24, 2026.
  • E-voting during the AGM: Available for members who had not voted remotely, with the facility open for 30 minutes after the meeting concluded at 12:30 PM IST on September 25, 2026.

The process was electronic, and members could vote via these methods.

Key Voting Outcomes

Specific vote counts, percentages, or category-wise breakdowns (e.g., Promoters, Public, Institutions) are not provided in this document. The Company Secretary announced that e-voting results along with the consolidated Scrutinizer's Report would be informed to Stock Exchanges and placed on the Company's website, NSDL, and Stock Exchanges post-meeting.

Scrutinizer's Role, Findings, and Conclusions

The Company appointed CS Sachin Agarwal (Membership No. F5774, Certificate of Practice No. 5910), Partner of M/s Agarwal S. & Associates, Company Secretaries, New Delhi, as the Scrutinizer to scrutinize the remote e-voting and e-voting process during the AGM. No findings or conclusions are detailed in this document; the report is to be disclosed later.

Confirmation of Compliance

The meeting was conducted in compliance with the Companies Act, 2013, its Rules, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Secretarial Audit Report contained observations regarding the appointment of requisite number of Independent Directors (including a Woman Independent Director), with management reply being self-explanatory.

Names and Roles of Signatories

  • Nikhil Agarwal: Company Secretary & Compliance Officer (Membership No. A42626), digitally signed the disclosure on September 25, 2026, at 14:18:21 IST.
  • The disclosure was addressed to the Listing Department of National Stock Exchange of India Limited and Corporate Relationship Department of BSE Limited, with scrip code 541556 for BSE.

Additional Information

The AGM was chaired by Shri Rahul Mithal, Chairman and Managing Director. 180 members, including 1 Nominee of the Hon'ble President of India, were present. Shareholder queries were addressed during the meeting. The Audited Financial Statements had no qualifications in the Statutory Audit Report, and the Comptroller & Auditor General of India provided 'Nil' comments. The meeting concluded at 12:30 PM IST.