Key Resolutions

1. Ordinary Resolution: Approval for purchase of industrial land from Mr. Ankit Agrawal, a Related Party, for ₹22,20,00,000/- (Rupees Twenty Two Crore Twenty Lakhs only)

2. Special Resolution: Appointment of Mr. Dilip Panjwani (DIN: 02205645) as an Independent Director of the Company for 3 years from September 12, 2026 to September 11, 2029

Voting Details

  • Cut-off date for eligibility: Friday, September 4, 2026
  • Remote e-voting period: Sunday, September 13, 2026 (9:00 A.M. IST) to Monday, October 12, 2026 (5:00 P.M. IST)
  • Results declaration: On or before Tuesday, October 14, 2026
  • Physical copies of notice not being sent as permitted by MCA circulars
  • Scrutinizer: CS Megha Khandelwal (FCS: 10237), Megha Khandelwal & Associates

Land Purchase Details (Item No. 1)

  • Property: Industrial land at Khasra No. 157, Gram-Barodiya, Tehsil-Kotkhawada, District-Jaipur, Rajasthan-303901
  • Seller: Mr. Ankit Agrawal (Related Party)
  • Fair Market Value: ₹22,42,32,000/- (Rupees Twenty-Two Crore Forty-Two Lakh Thirty-Two Thousand only)
  • Purchase Consideration: ₹22,20,00,000/- (₹22,32,000 below FMV)
  • Current Use: Being used by subsidiary RMC Green Energy Private Limited
  • Current Rent: ₹3,00,000/- per month (₹36,00,000 annually)
  • Rationale: Obtain ownership, eliminate recurring rental expenditure, provide operational stability
  • Regulatory Basis: Section 188(1)(b) of Companies Act, 2013
  • Not classified as material related party transaction under SEBI LODR Regulation 23(1) as it doesn't exceed 10% of annual consolidated turnover (₹401.59 crore)

Director Appointment Details (Item No. 2)

  • Director: Mr. Dilip Panjwani (DIN: 02205645)
  • Category: Non-executive Independent Director
  • Term: 3 years from September 12, 2026 to September 11, 2029
  • Qualifications: Chartered Accountant, Company Secretary, B.Com from Kakatiya University
  • Experience: 25+ years in financial management, strategic finance, corporate governance, fund raising, M&A
  • Current Directorships: Beauty Garage Limited (Independent Director), Morayana Renewable Kochi Private Limited (CFO)
  • Remuneration: Sitting fees of ₹7,000 per meeting for Board and Committee meetings
  • Declaration: Meets independence criteria under Section 149(6) of Companies Act and Regulation 16(1)(b) of SEBI LODR

Document Availability

  • Company website: www.rmcindia.in
  • CDSL website: https://www.cdslindia.com/
  • Stock exchange websites: BSE Limited and NSE Limited
  • Inspection available at registered office during working days from September 12 to October 12, 2026