Meeting Details

The 38th AGM was held on Tuesday, August 11, 2026, through Video Conference (VC)/Other Audio Video Means (OAVM). The meeting commenced at 4:30 PM IST and concluded at 5:20 PM IST. The deemed venue was the Registered Office of the Company at Dalal Street, Bandra Kurla Complex, Mumbai 400 001.

Proposed Resolutions and Implications

Nine resolutions were proposed and approved:

Ordinary Business:

1. Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026

2. Declaration of dividend of ₹25.00 per equity share for FY ended March 31, 2026

3. Re-appointment of Mr. Saket Kanoria (DIN: 00040801) as Director retiring by rotation

4. Re-appointment of Mr. Akshay Kanoria (DIN: 07289528) as Director retiring by rotation

Special Business:

5. Re-appointment of Mr. S G Nanavati (DIN: 00023526) as Executive Director and fixation of his term and remuneration

6. Re-appointment of Mr. Vidur Kanoria (DIN: 08709462) as Executive Director and fixation of his term and remuneration

7. Authority for increase in Borrowing limits

8. Authority for increase in Mortgage limits

9. Ratification of remuneration of M/s. Kewlani & Associates, Cost Auditors for FY 2026-27

Voting Process and Methods

The Company provided remote e-voting facility through NSDL from August 8, 2026 (9:00 AM) to August 10, 2026 (5:00 PM). Insta e-voting facility was also provided during the AGM for shareholders who had not voted remotely. The cut-off date for determining voting eligibility was August 4, 2026.

Key Voting Outcomes

Overall Participation:

  • Total shareholders on record date: 15,512
  • Members attended through VC/OAVM: 40 (10 Promoters, 30 Public)
  • Total votes cast across all resolutions: 6,204,395 shares (68.18% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Adoption of Financial Statements):

  • Total votes: 6,204,395 (68.18% participation)
  • In favor: 6,204,391 (99.9999%)
  • Against: 4 (0.0001%)

Resolution 2 (Dividend Declaration):

  • Total votes: 6,204,395 (68.18% participation)
  • In favor: 6,204,391 (99.9999%)
  • Against: 4 (0.0001%)

Resolution 3 (Saket Kanoria Re-appointment):

  • Total valid votes: 6,203,465 (68.18% participation)
  • In favor: 6,160,461 (99.98%)
  • Against: 930 (0.02%)
  • Invalid votes: 43,004

Resolution 4 (Akshay Kanoria Re-appointment):

  • Total valid votes: 6,203,465 (68.18% participation)
  • In favor: 6,088,715 (99.98%)
  • Against: 930 (0.02%)
  • Invalid votes: 114,750

Resolution 5 (S G Nanavati Re-appointment):

  • Total valid votes: 6,203,465 (68.18% participation)
  • In favor: 6,201,965 (99.99%)
  • Against: 930 (0.01%)
  • Invalid votes: 1,500

Resolution 6 (Vidur Kanoria Re-appointment):

  • Total valid votes: 6,203,465 (68.18% participation)
  • In favor: 5,438,111 (89.30%)
  • Against: 651,534 (10.70%)
  • Invalid votes: 114,750

Resolution 7 (Borrowing Authority):

  • Total votes: 6,204,395 (68.18% participation)
  • In favor: 6,202,171 (99.96%)
  • Against: 2,224 (0.04%)

Resolution 8 (Mortgage Authority):

  • Total votes: 6,204,395 (68.18% participation)
  • In favor: 6,202,169 (99.96%)
  • Against: 2,226 (0.04%)

Resolution 9 (Cost Auditor Remuneration):

  • Total votes: 6,204,395 (68.18% participation)
  • In favor: 6,204,381 (99.9998%)
  • Against: 14 (0.0002%)

Scrutinizer's Role and Findings

Mr. Vijay Kumar Mishra of M/s. VKM & Associates was appointed as Scrutinizer for remote e-voting and e-voting at the AGM. The scrutinizer verified that all resolutions were passed with the requisite majority. The scrutinizer's report dated August 11, 2026, confirmed the voting results and compliance with applicable regulations.

Compliance Confirmation

The meeting was conducted in compliance with the Companies Act, 2013, SEBI Listing Regulations, and relevant circulars issued by the Ministry of Corporate Affairs and SEBI. The statutory auditor and secretarial auditor reports contained no qualifications, reservations, or adverse remarks.

Additional Business Updates

During the meeting, the Chairman announced TCPL's group entry into the battery materials business through the proposed manufacture of lithium-ion battery separator films via a subsidiary to be incorporated. Members raised queries about capex, bonus shares, stock splits, and company performance, which were addressed by the Chairman.