Meeting Details

The 41st Annual General Meeting of Subros Limited was held on Friday, September 18, 2026 at 11:30 a.m. IST through video conferencing and other audio-visual means. The meeting concluded at 12:27 p.m. IST.

Attendance

All directors were present except Mr. Akihiro Deguchi and Mr. Tsunenobu Hori (representatives of DENSO Corporation, Japan) who could not join due to pre-occupation. Statutory auditors, secretarial auditors, cost auditors, and senior management members were also present.

Meeting Proceedings

The Company Secretary welcomed members and briefed on e-voting process. Ms. Shradha Suri, Chairperson & Managing Director, extended welcome and provided statement on industry, business scenario, and financial performance. The Notice convening the AGM and Auditors' Report for year ended March 31, 2026 were taken as read.

Auditor Reports

No observations, qualifications, or adverse remarks were noted in the reports of Statutory Auditors, Secretarial Auditors, and Cost Auditors.

Resolutions Considered and Approved

1. Item No 1: Ordinary Resolution - Adoption of Audited Financial Statements (standalone and consolidated) for financial year ended March 31, 2026 together with Reports of Board of Directors and Auditors

2. Item No 2: Ordinary Resolution - Declaration of dividend on equity shares for financial year ended March 31, 2026

3. Item No 3: Ordinary Resolution - Appointment of Dr. Jyotsna Suri as Director who retires by rotation and offered herself for re-appointment

4. Item No 4: Ordinary Resolution - Ratification and approval of remuneration of Cost Auditors

5. Item No 5: Ordinary Resolution - Approval of material related party transactions with Global Autotech Limited

6. Item No 6: Ordinary Resolution - Approval of material related party transactions with Maruti Suzuki India Limited

7. Item No 7: Special Resolution - Approval of continuation of directorship of Dr. Jyotsna Suri as Non-Executive Director on attaining age of seventy-five years

8. Item No 8: Ordinary Resolution - Appointment of Mr. Akihiro Deguchi as Nominee Director

Member Interaction

Members present were invited to express views, with CMD/Executive Director & CEO responding to queries raised during AGM.

Voting Process

E-voting facility was kept open at NSDL website for fifteen minutes during AGM for members who had not exercised votes earlier through remote e-voting. Consolidated voting results will be disseminated on BSE and NSE websites and made available on company website.