Key Resolution Details

  • Special Resolution: Approval for remuneration of Mr. Rakesh Khanna, Executive Vice Chairman and Managing Director
  • Remuneration Period: Continuation for remaining tenure from April 5, 2026 to April 4, 2028
  • Remuneration Structure: Unchanged from previously approved terms, including base pay of up to ₹4,50,00,000 (Rupees Four Crores Fifty Lakhs) per annum
  • Other Benefits: Commission, perquisites, benefits, facilities, amenities and other entitlements remain unchanged

Voting Process Details

  • Cut-off Date: June 19, 2026 (for determining eligible shareholders)
  • E-voting Period: June 26, 2026 (9:00 AM IST) to July 25, 2026 (5:00 PM IST)
  • Service Provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: M/s. Varuna Mittal & Associates, Company Secretary in practice
  • Result Declaration: By July 28, 2026 (within 2 working days of e-voting conclusion)

Background and Rationale

Mr. Rakesh Khanna (DIN: 00266132) was appointed as Executive Vice Chairman & Managing Director for five years from April 5, 2023 to April 4, 2028. Members had previously approved his remuneration for the first three years (April 5, 2023 to April 4, 2026). The current proposal seeks approval for the remaining two-year period without any increase in remuneration structure.

Company Financial Performance (Standalone)

| Financial Year | Revenue From Operations (₹ Lakhs) | Profit Before Tax (₹ Lakhs) | Profit After Tax (₹ Lakhs) |

| FY 2025-26 | 55,733.41 | 1,732.91 | 1,276.17 |

| FY 2024-25 | 43,167.18 | 1,003.72 | 739.30 |

| FY 2023-24 | 42,540.73 | 613.12 | 449.81 |

Director Details

  • Name: Rakesh Khanna
  • Age: 63 years (Date of Birth: September 5, 1962)
  • Qualification: B.E (Mech.), M.B.A. (Marketing)
  • Experience: Seasoned leader with experience at Orient Electric Limited, Sony, Hitachi, Wipro, and Eureka Forbes
  • Board Meetings Attended: 4 meetings during FY2025-26
  • Shareholding: No shares held as of March 31, 2026

Document Availability

The notice is available on company website (www.singerindia.com), BSE website (www.bseindia.com), NSE website (www.nseindia.com), and NSDL e-voting website (www.evoting.nsdl.com).