Meeting Details

The 107th Annual General Meeting (AGM) of The Tata Power Company Limited was held on Tuesday, July 7, 2026, at 10:30 a.m. (IST) through two-way Video Conference/Other Audio-Visual Means (VC/OAVM) without physical presence of members. The meeting concluded at 12:44 p.m. (IST).

Attendance

  • Total shareholders on record date (June 30, 2026): 4,113,345
  • Shareholders attended through VC: 145 (6 Promoter/Promoter group, 139 Public)
  • Physical attendance: Not Applicable

Key Participants

  • Chairman: Mr. N. Chandrasekaran
  • CEO & Managing Director: Dr. Praveer Sinha
  • CFO: Mr. Sanjeev Churiwala
  • Company Secretary: Mr. Vispi S. Patel
  • All Directors attended the AGM
  • Representatives of SRBC & CO. LLP (Statutory Auditors), Makarand M. Joshi & Co. (Secretarial Auditors), and Parikh and Associates (Scrutinizers) were present through VC

Business Transacted

The following seven items of business were transacted through remote e-voting:

1. Ordinary Resolution: Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 together with Reports of Board of Directors and Auditors

2. Ordinary Resolution: Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 together with Report of Auditors

3. Ordinary Resolution: Declaration of dividend on Equity Shares for FY ended March 31, 2026

4. Ordinary Resolution: Appointment of Mr. N. Chandrasekaran (DIN: 00121863) as Director who retires by rotation

5. Special Resolution: Appointment of Ms. Nishi Vasudeva (DIN: 03016991) as Director and Independent Director

6. Special Resolution: Appointment of Mr. Deepak Kapoor (DIN: 00162957) as Director and Independent Director

7. Ordinary Resolution: Ratification of Cost Auditor's Remuneration

Voting Results

All resolutions were passed with requisite majority. The remote e-voting period commenced on Friday, July 3, 2026 at 9:00 a.m. (IST) and ended on Monday, July 6, 2026 at 5:00 p.m. (IST).

Detailed Voting Results:

Resolution 1 (Adoption of Standalone Financial Statements):

  • In favor: 2,900 members, 229,998,8516 votes (99.9616%)
  • Against: 33 members, 883,670 votes (0.0384%)
  • Invalid: NIL

Resolution 2 (Adoption of Consolidated Financial Statements):

  • In favor: 2,899 members, 229,998,4881 votes (99.9615%)
  • Against: 33 members, 886,086 votes (0.0385%)
  • Invalid: NIL

Resolution 3 (Dividend Declaration):

  • In favor: 2,905 members, 230,100,0479 votes (99.9996%)
  • Against: 29 members, 9,621 votes (0.0004%)
  • Invalid: NIL

Resolution 4 (Re-appointment of N. Chandrasekaran):

  • In favor: 2,664 members, 220,485,3247 votes (95.8212%)
  • Against: 264 members, 96,153,911 votes (4.1788%)
  • Invalid: NIL

Resolution 5 (Appointment of Nishi Vasudeva):

  • In favor: 2,829 members, 229,763,1034 votes (99.8533%)
  • Against: 99 members, 3,376,269 votes (0.1467%)
  • Invalid: NIL

Resolution 6 (Appointment of Deepak Kapoor):

  • In favor: 2,673 members, 217,131,7995 votes (94.4088%)
  • Against: 252 members, 128,593,756 votes (5.5912%)
  • Invalid: NIL

Resolution 7 (Cost Auditor Remuneration):

  • In favor: 2,862 members, 230,087,0629 votes (99.9939%)
  • Against: 69 members, 139,420 votes (0.0061%)
  • Invalid: NIL

Additional Proceedings

The Chairman made opening remarks regarding growth outlook, operations, and financial performance. Dr. Praveer Sinha, CEO & MD, made a presentation covering financial performance, cluster performance, solar cell and module manufacturing unit, and sustainability.

Members were informed that the Statutory Auditors' Report and Secretarial Audit Report did not have any qualifications for FY ended March 31, 2026.

Scrutinizer Details

Mr. P.N. Parikh (FCS 327, CP No. 1228) of Parikh & Associates was appointed as Scrutinizer. The Scrutinizer's Report was received on July 7, 2026.

Document Availability

The voting results and Scrutinizer's Report are available on the company's website (www.tatapower.com) and NSDL website (www.evoting.nsdl.com).