Meeting Details
- Meeting Date: 25th September, 2026
- Meeting Time: 11:00 A.M.
- Meeting Type: 45th Annual General Meeting (AGM)
- Meeting Format: Conducted through Video Conference (VC)/ Other Audio-Visual Means (OAVM)
- Compliance: The meeting was held in compliance with MCA General Circular nos. 14/2020, 17/2020, 20/2020 and the latest General Circular No. 03/2025 dated 22nd September, 2025.
Attendees
Directors Present:
- Mr. Subhash Chand Sethi, Chairman and Director (chaired the meeting)
- Mr. Mahendra Pal Singh, Independent Director and Chairman of the Audit Committee
- Mr. Tiruvidaimarudhur Srivastan Sivashankar, Independent Director and Chairman of the Nomination and Remuneration Committee
- Mr. Sushil Sethi, Director and Chairman of the Stakeholder Relationship Committee
- Mrs. Neeta Karmakar, Independent Director
- Mr. Manoj Kumar Digga, Executive Director and CFO
Other Attendees:
- Mrs. Swati Agarwal, Company Secretary
- Secretarial Auditor and Statutory Auditor (attended via Video Conferencing)
- Mr. Tumul Maheshwari, Practicing Company Secretary (appointed as Scrutinizer)
Business Transacted
Ordinary Business:
1. To receive, consider and adopt the audited standalone and the consolidated financial statements of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditor's thereon.
2. To appoint a Director in place of Mr. Manoj Kumar Digga (DIN: 01090626), who retires by rotation and being eligible, offers himself for re-appointment as Director of the Company.
Special Business:
3. To ratify the Remuneration of Cost Auditor for the Financial Year 2026-27.
4. To consider and approve the re-appointment of Mr. Rajeev Kumar Jain (DIN: 07905985) as an Independent Director of the Company for the period of 5 years for a 2nd term.
Voting Process
- Remote e-Voting Period: Open from 22nd September, 2026 (Tuesday) at 9:00 AM IST till 24th September, 2026 (Thursday) at 5:00 PM IST.
- Platform: NSDL
- Scrutinizer: Mr. Tumul Maheshwari, Practicing Company Secretary, was appointed to supervise the e-voting process.
- Voting at AGM: Members attending the AGM via VC/OAVM who had not cast their votes via remote e-voting were permitted to cast their vote through e-voting during the AGM. The facility remained open for 15 minutes after the conclusion of the meeting.
Voting Outcomes and Scrutinizer's Role
The disclosure states that the final consolidated voting results, combining remote e-voting and e-voting at the AGM, were to be disseminated to the stock exchanges and made available on the company's website (www.spml.co.in) within 2 working days from the date of conclusion of the AGM. The specific vote counts and percentages are not provided in this immediate proceeding report.
The scrutinizer was responsible for supervising the entire e-voting process and compiling the results.
Other Proceedings
- The notice convening the AGM and the Auditor's Report for the year ended March 31, 2026, were taken as read.
- The Chairman delivered a speech to the shareholders.
- Members were given an opportunity to ask questions and seek clarifications, which were addressed by the Chairman.
- The meeting concluded at 11:50 AM on September 25, 2026.