Meeting Details

The 1st Extra-Ordinary General Meeting (EGM) of members of Simplex Castings Limited was held on Thursday, October 15, 2026 at 02:00 P.M. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting concluded at 2:28 P.M. (IST).

Attendance

Board of Directors & KMPs Present:

  • Mr. Ketan M Shah - Chairman and Whole Time Director
  • Mrs. Sangeeta K Shah - Managing Director
  • Mr. Sajal Kumar Ghosh - Whole Time Director
  • Mr. Avinash Hariharno - Whole Time Director
  • Ms. Smita Thakur - Independent Director and Chairman of Audit Committee
  • Ms. Indu Nagar - Independent Director, Chairman of Nomination and Remuneration Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee
  • Mr. Palash Singhania - Independent Director
  • Mr. Chandra Shekhar Sahu - Company Secretary and Compliance Officer

Mr. Urlam Jaya Manmadha Rao did not attend due to pre-occupation.

Invitees Present:

  • Mr. Anshul Shekhar Nayak - Partner of M D N & Associates, Statutory Auditor
  • Mrs. Meena Naidu - Proprietor of Meena Naidu & Associates, Secretarial Auditor and Scrutinizer

Members Present: 40 Members attended the meeting.

Voting Process

The company provided remote e-voting facility through Central Depository Services Limited (CDSL) from Monday, October 12, 2026 at 9:00 a.m. until Wednesday, October 14, 2026 at 5:00 P.M. (IST). Additional e-voting facility was available during the meeting for members who had not cast their vote previously. Mrs. Meena Naidu was appointed as the Scrutinizer for the voting process.

Business Conducted

The following items of business were considered and voted upon by members:

1. Increase in Authorised Share Capital - Ordinary Resolution to increase the authorized share capital of the company and consequent amendment in the Memorandum of Association.

2. Preferential Issue of Equity Shares - Special Resolution to issue 44,90,791 (Forty-Four Lakhs Ninety Thousand Seven Hundred and Ninety-One) equity shares on preferential basis to persons belonging to the non-promoter category.

3. Issue of Convertible Warrants - Special Resolution to issue 50,05,195 (Fifty Lakhs Five Thousand One Hundred Ninety Five) warrants, convertible into equity shares on preferential basis to persons belonging to both promoter and non-promoter categories.

4. Appointment of Independent Director - Special Resolution to approve the appointment of Mr. Urlam Jaya Manmadha Rao (DIN 09242890) as an Independent Director for a term of five consecutive years effective from September 23, 2026.

Other Proceedings

The Chairman, Mr. Ketan Moolchand Shah, delivered an opening speech apprising members of the company's performance and key developments during Financial Year 2026-27. Members had the opportunity to ask queries which were addressed by the Chairman.

Outcome and Next Steps

The results of the voting together with the scrutinizer's report will be displayed on the company's website (www.simplexcastings.com) within two working days of the meeting conclusion and filed with the stock exchanges. The voting results will be made available on or before October 17, 2026.