Detailed Summary

Sterling Powergensys Limited held its 41st Annual General Meeting (AGM) on Saturday, 12th September, 2026. The meeting commenced at 03:00 P.M. and concluded at 03:40 P.M., lasting 40 minutes. The venue was Sundaram 2nd floor, Patidar Wadi, L.B.S. Marg, Ghatkopar (West), Mumbai-400086, India.

The meeting was convened to transact business mentioned in the AGM Notice dated Friday, August 14, 2026. The Company complied with General Circulars issued by the Ministry of Corporate Affairs and applicable Circulars from SEBI, following provisions of the Companies Act, 2013 and related Rules.

Meeting Proceedings

  • Company Secretary Gaurav Kaushik welcomed shareholders and confirmed requisite quorum was present
  • The notice and Annual Report for financial year 2025-26 had been sent to shareholders
  • Board members and other panelists were introduced to attendees
  • Statutory Auditor, Internal Auditor, and Secretarial Auditors were absent due to unforeseen circumstances, with their leave of absence recorded
  • E-voting facility was provided from 09:00 AM (IST) on Wednesday, 09th September, 2026 until 05:00 PM IST on Friday, 11th September, 2026
  • Members attending the AGM who hadn't cast electronic votes were given opportunity to vote
  • A scrutinizer was appointed, with voting results to be announced on company website and submitted to stock exchanges per SEBI Listing Regulations
  • The notice convening the meeting, Directors' Report, and Auditor's Report were considered as read
  • Managing Director Sankaran Venkata Subramanian updated members on business performance and future expansion plans
  • Chairperson Shankar Ramnath Iyer invited member queries, which were answered satisfactorily by the Managing Director

Resolutions Transacted

1. Adoption of audited financial statements for financial year ended March 31, 2026, along with Reports of Board of Directors and Auditors

2. Re-appointment of Mrs. Rajlaxmi Iyar (DIN: 00107754) as Non-Executive Director (Director Liable to Retire by Rotation)

3. Regularization of directorship of Mr. Periasamy Mathialagan (DIN: 11766787) by appointing him as Non-Executive Non Independent Director (previously Additional Non-Executive Non Independent Director)

4. Re-appointment of Mr. Sankaran Venkata Subramanian (DIN: 00107561) as Managing Director of the Company

Members voted on all resolutions as set out in the AGM Notice. The meeting concluded with a vote of thanks from the Chairperson.