AGM Details

The 33rd Annual General Meeting is scheduled to be held on Wednesday, September 30, 2026 at 10:30 AM IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).

Ordinary Business

1. Adoption of Financial Statements

To receive, consider and adopt the Audited Standalone and Consolidated financial statements of the Company for the financial year ended March 31, 2026 together with the reports of the Board of Directors and the Auditors thereon.

2. Appointment of Director

To appoint Mr. Praveen Patro (DIN: 02469361), who retires by rotation as a director and being eligible, offers himself for re-appointment.

Special Business

3. Alteration of Authorised Share Capital

To alter the Authorised Share Capital by reclassifying the existing 1,50,00,000 (One Crore Fifty Lakhs) Non-Cumulative Optionally Convertible Redeemable Preference Shares of ₹10/- each into 1,50,00,000 (One Crore Fifty Lakhs) Equity Shares of ₹10/- each, without altering the aggregate Authorised Share Capital of the Company.

Current Authorised Capital: ₹86,50,00,000 divided into:

  • 7,15,00,000 Equity Shares of ₹10/- each
  • 1,50,00,000 Preference Shares of ₹10/- each

Proposed Authorised Capital: ₹86,50,00,000 divided into 8,65,00,000 Equity Shares of ₹10/- each

Consequential amendment to Clause V of the Memorandum of Association is required.

4. Ratification of Cost Auditors' Remuneration

To ratify remuneration payable to M/s. Ray, Nayak & Associates, Cost Auditors of the Company for the financial year ending March 31, 2027, at ₹60,000/- (Rupees sixty thousand only) plus tax as applicable, and reimbursement of out-of-pocket expenses incurred.

Record Date and Share Transfer Book Closure

The Register of Members and Share Transfer Books of the Company will remain closed from Thursday, September 24, 2026 to Wednesday, September 30, 2026 (both days inclusive).

E-Voting Details

  • Remote e-voting period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • Cut-off date (record date): Wednesday, September 23, 2026
  • Scrutinizer: M/s. A J & Associates (CS Abhijeet Jain), Practicing Company Secretaries
  • E-voting service provider: Central Depository Services (India) Limited (CDSL)

Additional Information

  • The Notice and Annual Report are being sent electronically to members
  • Members can access documents on company website: www.scansteels.com
  • Members must update KYC details with depository participants or RTA
  • Physical share transfer has been discontinued effective April 1, 2019
  • PAN-Aadhaar linking requirements as per CBDT circulars mentioned

Voting Results Disclosure

The results of e-voting along with Scrutinizer's Report will be placed on the Company's website (www.scansteels.com) and CDSL website (www.evotingindia.com) immediately after declaration, and communicated to BSE Limited within 48 hours of AGM conclusion.

#Tags: #ScanSteels #AGM #CapitalReclassification #SEBIDisclosure #RegulatoryCompliance #Neutral