Steel Exchange India Limited

Meeting Details

  • Type of meeting: Annual General Meeting (AGM)
  • Date of meeting: August 22, 2026
  • Meeting time: 11:45 AM to 1:05 PM
  • Record date: August 14, 2026
  • Total shareholders on record date: 283,047
  • Meeting format: Video Conferencing / Other Audio-Visual Means

Attendance Statistics

  • Promoters and promoter group attended: 11 members
  • Public shareholders attended: 83 members
  • Total shareholders present in person or through proxy: 0

Voting Participation

  • Total outstanding shares: 1,275,518,412
  • Total votes polled: 619,844,758 shares (48.5955% of outstanding shares)
  • Promoter and promoter group votes polled: 610,992,780 shares (96.4326% of their holding)
  • Public institutions votes polled: 84,501 shares (0.2423% of their holding)
  • Public non-institutions votes polled: 8,767,477 shares (1.4443% of their holding)

Resolution Details

All six resolutions were passed with overwhelming majority support:

Resolution 1 - Ordinary Resolution: Adoption of Audited Financial Statements for FY ended March 31, 2026

  • Votes in favor: 619,825,114 (99.9968% of votes polled)
  • Votes against: 19,644 (0.0032% of votes polled)
  • 240 members voted in favor, 5 members voted against

Resolution 2 - Ordinary Resolution: Re-appointment of Mr. Mohit Sai Kumar Bandi (DIN: 07410118) as Director

  • Votes in favor: 619,803,604 (99.9934% of votes polled)
  • Votes against: 40,902 (0.0066% of votes polled)
  • 14 members voted against

Resolution 3 - Ordinary Resolution: Ratification of remuneration of Cost Auditors for FY ending March 31, 2027

  • Cost Auditor: M/s. Dendukuri & Co. (Proprietor Mr. D Zitendra Rao, Membership Number: 10087)
  • Remuneration: ₹9.00 lakh plus applicable taxes
  • Votes in favor: 619,804,646 (99.9936% of votes polled)
  • Votes against: 39,860 (0.0064% of votes polled)
  • 233 members voted in favor, 12 members voted against

Resolution 4 - Ordinary Resolution: Regularization of Mr. Anirudh Misra (DIN: 03101359) as Non-Executive Non-Independent Director

  • Mr. Misra was appointed as Additional Director effective May 25, 2026
  • Votes in favor: 619,801,367 (99.9930% of votes polled)
  • Votes against: 43,139 (0.0070% of votes polled)
  • 235 members voted in favor, 12 members voted against

Resolution 5 - Special Resolution: Approval of remuneration payable to Mr. Mohit Sai Kumar Bandi (DIN: 07410118), Whole-Time Director

  • Remuneration: ₹5,00,000 per month for remaining 2-year tenure effective November 18, 2026
  • Additional benefits: Telephone facility, travel reimbursement, provident fund, pension fund, gratuity, leave encashment
  • Votes in favor: 619,800,153 (99.9928% of votes polled)
  • Votes against: 44,353 (0.0072% of votes polled)
  • 228 members voted in favor, 17 members voted against

Resolution 6 - Special Resolution: Continuation of Ms. Bhagyam Ramani (DIN: 00107097) as Non-Executive Independent Director beyond age 75

  • To continue until completion of her first term ending July 11, 2028
  • Votes in favor: 619,803,569 (99.9934% of votes polled)
  • Votes against: 40,937 (0.0066% of votes polled)
  • 230 members voted in favor, 15 members voted against

Scrutinizer Details

  • Name: Srikanth Somepalli
  • Firm: BSS & Associates
  • Qualification: Company Secretary
  • Membership Number: A22119
  • Appointment date: July 20, 2026
  • Report issuance date: August 24, 2026

Voting Process

  • Remote e-voting period: August 19, 2026 (9:00 AM) to August 21, 2026 (5:00 PM)
  • E-voting facility provided by Central Depository Services (India) Limited (CDSL)
  • Cut-off date for voting eligibility: August 14, 2026

Invalid Votes

No invalid votes were recorded across all shareholder categories (promoters, public institutions, public non-institutions).

Document Submission

The voting results and scrutinizer's report are being uploaded to the company website at www.seil.co.in and submitted to BSE Limited and National Stock Exchange of India Limited.