Event Details

RSWM Limited held its 65th Annual General Meeting (AGM) on August 26, 2026, at 02:00 P.M. through Video Conferencing/Other Audio Visual Means (VC/OAVM) without physical presence of members. The meeting was conducted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and MCA Circular No. 03/2025 dated September 22, 2025. The deemed venue was the Registered Office at Kharigram, P.O. Gulabpura – 311 021, Distt. Bhilwara, Rajasthan.

Attendance

The meeting was chaired by Shri Riju Jhunjhunwala (DIN-00061060), Chairman & Managing Director and CEO. Other attendees included:

Directors:

  • Shri Ravi Jhunjhunwala (DIN-00060972) - Director
  • Shri Shekhar Agarwal (DIN-00066113) - Director, Member of Nomination and Remuneration Committee and Stakeholders Relationship Committee
  • Shri Arun Kumar Churiwal (DIN-00001718) - Director, Member of Corporate Social Responsibility Committee and Chairman of Stakeholders Relationship Committee
  • Shri Rajeev Gupta (DIN-02049516) - Joint Managing Director, Member of Corporate Social Responsibility Committee
  • Mrs. Archana Capoor (DIN-01204170) - Independent Director, Chairperson of Audit Committee and Member of Nomination and Remuneration Committee
  • Shri Surya Kant Gupta (DIN-00323759) - Independent Director, Chairman of Nomination and Remuneration Committee and Member of Risk Management Committee
  • Shri Suman Jyoti Khaitan (DIN-00023370) - Independent Director, Chairman of Stakeholders Relationship Committee and Member of Audit Committee
  • Shri Sunil Dharamvir Dhawan (DIN-02618343) - Independent Director, Member of Stakeholders' Relationship Committee and Corporate Social Responsibility Committee
  • Shri Thomas Varghese (DIN-02263496) - Independent Director, Member of Audit Committee and Risk Management Committee

Other Attendees:

  • Shri Gaurav Lodha - Audit Partner of M/s. Lodha & Co LLP, Chartered Accountants, Statutory Auditor
  • Shri Mahesh Kumar Gupta - Practicing Company Secretary (FCS 2870), Proprietor of M/s. Mahesh Gupta & Co., Secretarial Auditor and Scrutinizer
  • Shri Manoj Kumar Bansal - Chief Transformation Officer & Chief Risk Officer
  • Shri Nitin Tulyani - Chief Financial Officer
  • Shri Surrender Gupta - Chief Compliance Officer and Company Secretary

Meeting Procedures

The Company provided remote e-voting facility through NSDL portal from August 22, 2026 (9:00 a.m.) to August 25, 2026 (5:00 p.m.). E-voting during the AGM was also provided through NSDL portal for members who did not cast votes through remote e-voting. Documents referred to in the AGM notice were kept open electronically for inspection. The requisite quorum was present throughout the meeting.

Business Conducted

The Notice of the 65th AGM and Annual Report with financial statements were taken as read. There were no qualifications, reservations, or adverse remarks in the Auditor's Report or Secretarial Auditor's Report.

The Chairman addressed members highlighting salient features of the Company's operations and performance for the year ended March 31, 2026, and performance for Q1 FY2026-27.

A Q&A session was conducted where shareholders' queries were addressed by Shri Rajeev Gupta, Joint Managing Director.

Resolutions Presented

The following resolutions were put to vote:

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for FY ended March 31, 2026 and Reports of Directors and Auditors (Ordinary Resolution)

2. To appoint a Director in place of Shri Ravi Jhunjhunwala (DIN: 00060972), who retires by rotation and offers himself for re-appointment (Ordinary Resolution)

3. To appoint a Director in place of Shri Arun Kumar Churiwal (DIN: 00001718), who retires by rotation and offers himself for re-appointment (Special Resolution)

Special Business:

4. Approval for formulation, adoption and implementation of RSWM Limited Employee Stock Option Plan 2026 and grant of employee stock options to eligible employees of the company (Special Resolution)

5. Approval of RSWM Limited Employee Stock Option Plan 2026 and grant of stock options to eligible employees of the company's subsidiaries (Special Resolution)

6. To ratify remuneration payable to M/s. N. D. Birla & Co., Cost Accountants (Firm Registration No. 000028) as Cost Auditors for FY ending March 31, 2027 (Ordinary Resolution)

Voting and Results

Shri Mahesh Kumar Gupta was appointed as Scrutinizer to conduct and scrutinize the e-voting process. The combined results of e-voting and voting at AGM along with Scrutinizer's Report will be placed on the Company's website (www.rswm.in) and NSDL website (www.evoting.nsdl.com) by August 28, 2026 (within two working days). Results will also be intimated to BSE Limited and National Stock Exchange of India Limited.

Meeting Duration

The meeting concluded at 03:26 P.M., including time allowed for E-Voting at AGM.

#Tags: #RSWMLimited #AGM #SEBIDisclosure #CorporateGovernance #EmployeeStockOptionPlan #Neutral