The 13th Annual General Meeting of Shree Marutinandan Tubes Limited was held on September 23, 2026, at 11:30 a.m. through two-way video conferencing / other audio-visual means facility. The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.
Mr. Vikram Sharma, Chairman and Whole-time Director of the Company (DIN: 06452273), chaired the meeting. The quorum was present, and all businesses mentioned in the Notice dated August 31, 2026, were transacted.
Business Transacted
The following resolutions were approved at the AGM:
1. Ordinary Resolution: Receipt, consideration, and adoption of 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. Ordinary Resolution: Re-appointment of Mr. Vikram Shivrattan Sharma (DIN: 06452273) as Chairman & Whole-time Director, who retired by rotation and offered himself for re-appointment.
3. Special Resolution: Appointment of Ms. Kavita Khatri (DIN: 08271931) as an Independent Director of the Company.
4. Special Resolution: Appointment of Mr. Manish Pradyumna Pancholy (DIN: 03592888) as an Independent Director of the Company.
5. Special Resolution: Approval of borrowing limits of the Company under Section 180(1)(c) of the Companies Act, 2013 up to ₹300 crore.
6. Special Resolution: Approval for creation of charges/mortgages on movable and immovable properties of the Company, both present and future, under Section 180(1)(a) of the Companies Act, 2013 up to ₹300 crore.
7. Special Resolution: Approval for giving any loan, guarantee or security under Section 185 of the Companies Act, 2013 up to ₹300 crore.
8. Special Resolution: Approval for giving loans, guarantees, providing securities and making investments under Section 186 of the Companies Act, 2013 up to ₹300 crore.
9. Ordinary Resolution: Approval of material related party transactions to be entered into by the Company with Shree Maruti Green Energy Private Limited.
Voting and Proceedings
All items were open for voting by both remote e-voting and e-voting during the AGM. The Board had authorized Mr. Vikram Sharma to declare the voting results. The meeting concluded at 12:02 p.m., with e-voting remaining open for 15 minutes after the proceedings ended to allow members who had not voted to do so.
The details of the voting results (remote e-voting and e-voting at the AGM) on all resolutions along with the Scrutinizer's Report will be disseminated to the Stock Exchange and placed on the Company's website in due course.