Meeting Details
- Date: Thursday, July 30, 2026
- Time: 1515 Hours to 1630 Hours (IST)
- Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
- Type: 39th Annual General Meeting
Meeting Proceedings
Mr. Alok Goel, Company Secretary, welcomed shareholders and confirmed requisite quorum was present. The meeting adhered to Ministry of Corporate Affairs (MCA) Circulars. Mr. D.P. Gupta, Practicing Company Secretary of M/s. SGS Associates LLP, was appointed as Scrutinizer for remote e-voting and e-voting processes.
Mr. Laksh Vaaman Sehgal, Director, chaired the AGM as Mr. Vivek Chaand Sehgal, Chairman, was unable to attend. Directors, management team, Statutory Auditors, and Secretarial Auditors were present through VC/OAVM.
The Notice of AGM and Auditors' Reports for year ended March 31, 2026 were taken as read. Mr. Laksh Vaaman Sehgal confirmed that both Statutory Auditors' Report and Secretarial Auditor's Report contained no qualifications, reservations, adverse remarks, or disclaimers.
Management addressed member queries after opening remarks on financial performance and growth platform. Clarifications were provided by Mr. Laksh Vaaman Sehgal, Mr. Pankaj Mital (Whole-time Director and President-SAMIL), and Mr. Gandharv Tongia (Group CFO).
Proposed Resolutions
Nine resolutions were presented for shareholder consideration:
| Item No. | Resolution Description | Resolution Type |
| 1 | Adoption of Audited Standalone and Consolidated Financial Statements for year ended March 31, 2026 | Ordinary Resolution |
| 2 | Declaration of final dividend of ₹0.25 per equity share (face value ₹1) for FY 2025-26 | Ordinary Resolution |
| 4 | Re-appointment of Mr. Pankaj Mital (DIN: 00194931) as Whole-time Director and approval of terms | Ordinary Resolution |
| 5 | Re-appointment of Ms. Rekha Sethi (DIN: 06809515) as Independent Director | Special Resolution |
| 6 | Approval of Material Related Party Transactions with Motherson Sumi Wiring India Limited | Ordinary Resolution |
| 7 | Approval of limits under Section 186 of Companies Act, 2013 for Motherson Electronic Components Private Limited (subsidiary) | Special Resolution |
| 8 | Approval of limits under Section 186 of Companies Act, 2013 | Special Resolution |
| 9 | Ratification of remuneration of Cost Auditors for FY 2026-27 | Ordinary Resolution |
Note: Mr. Laksh Vaaman Sehgal did not chair proceedings for Resolution No. 6 due to interest, and Ms. Rekha Sethi chaired for this item.
Voting Process
- Methods: Remote e-voting and e-voting through NSDL website
- Voting Window: 15 minutes during AGM for members who hadn't voted remotely
- Results Disclosure: Consolidated voting results with scrutinizer's report to be disseminated through stock exchanges and placed on company and NSDL websites within two working days
- Authorization: Mr. Laksh Vaaman Sehgal authorized Company Secretary to carry out voting process and declare results
Compliance Confirmation
The Company confirmed adherence to MCA Circulars for conducting the AGM. Relevant documents mentioned in AGM Notice were available on company website for inspection. No physical attendance meant proxy appointment was not applicable.