Meeting Details

  • Date: Friday, 25th September, 2026
  • Time: 12:00 P.M. (IST)
  • Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Type: Annual General Meeting
  • Record Date: 18th September, 2026
  • Share Transfer Book Closure: 12th September, 2026 to 25th September, 2026 (both days inclusive)

Proposed Resolutions and Implications

Ordinary Business

1. Adoption of Audited Financial Statements: To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) for FY2025-26 ended 31st March, 2026, including Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, together with Board's Report and Statutory Auditors' Report.

2. Declaration of Dividend: To declare final dividend @10% (₹1 per share) on equity shares of face value ₹10 each for FY2025-26 ended 31st March, 2026.

3. Appointment of Director retiring by Rotation: To appoint Mr. Ravi Bhushan Bhardwaj (DIN: 00054700) who retires by rotation and offers himself for re-appointment.

Special Business

4. Appointment of Mr. Mukund Prabhakar Chaudhari: As Director (Non-executive, Independent) for a fixed first term of forty months from 11th August, 2026 to 10th December, 2029 (Special Resolution required).

5. Re-appointment of Mr. Ramchandra Vasant Dalvi: As Director (Technical) (Executive, Non-independent), designated Key Managerial Personnel, for a further period of three years effective 14th August, 2026 (Special Resolution required). Remuneration includes Basic Salary: ₹6,66,300 per month with annual increases, House Rent Allowance @20% of basic salary, and other allowances/perquisites.

6. Ratification of Remuneration of Cost Auditors: To ratify remuneration of ₹2,40,000 plus applicable taxes (GST) and reimbursement of actual out-of-pocket expenses payable to M/s. G. R. Paliwal & Company, Cost Accountants for FY2026-27 (Ordinary Resolution required).

Voting Process and Methods

  • Remote e-Voting Period: Monday, 21st September, 2026 at 09:00 A.M. to Thursday, 24th September, 2026 at 05:00 P.M. through NSDL
  • E-voting at AGM: Available for members present through VC/OAVM who haven't voted remotely
  • Voting Rights: Proportional to shareholding as of record date (18th September, 2026)
  • Scrutinizer Appointment: M/s. R. A. Daga & Co., Company Secretaries, Nagpur appointed to process e-voting
  • Results Declaration: Monday, 28th September, 2026 on company website and stock exchanges

Key Voting Information

  • Cut-off Date: 18th September, 2026 for determining voting rights
  • Voting Methods: Remote e-voting via NSDL platform, e-voting during AGM for eligible members
  • Helpdesk Contacts:
  • NSDL: evoting@nsdl.com or 022-48867000
  • CDSL: helpdesk.evoting@cdslindia.com or 1800-21-09911

Compliance Statements

  • Conducted pursuant to MCA General Circular No. 03/2025 dated September 22, 2025 permitting virtual AGMs
  • Complies with Section 108 of Companies Act, 2013, Rule 20 of Companies (Management and Administration) Rules, 2014, Regulation 44 of SEBI LODR Regulations, 2015, and Secretarial Standard SS-2
  • Proxy facility not available for virtual meeting, but body corporates may appoint authorized representatives

Dividend Information

  • Record Date: 11th September, 2026
  • Payment Date: On or after 29th September, 2026
  • Rate: ₹1 per share (10% of face value ₹10)
  • Tax Withholding:
  • 10% for residents with valid PAN
  • 20% for residents without valid PAN
  • 20% for non-residents (plus surcharge/cess)
  • Special rates apply for Specified Funds and DTAA beneficiaries
  • Unclaimed Dividend Transfer: Details provided for dividends from 2006-2019 transferred to IEPF

Share Transfer to IEPF

  • Total 30,91,699 equity shares (1.716% of paid-up capital) transferred to IEPF Demat Account
  • During FY2025-26, 13,68,103 additional equity shares transferred pertaining to unclaimed dividends for 2017-18
  • Voting rights frozen until claimed from IEPF Authority

Additional Information

  • Dematerialization status: 11,30,73,176 equity shares (62.74%) dematerialized as of 31st March, 2026
  • Registrar & Share Transfer Agent: Bigshare Services Private Limited
  • Members may inspect registers and documents at registered office by prior email request
  • Annual Report 2025-26 available on company website and stock exchange websites