Meeting Details

The 21st Annual General Meeting of Techno Electric & Engineering Company Limited was held on Wednesday, September 23, 2026, at 3:30 PM through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting concluded at 4:00 PM.

A total of 45 members attended the meeting through VC/OAVM, including 11 from Promoter and Promoter Group and 34 from Public category. The meeting was chaired by Mr. Padam Prakash Gupta, Chairperson of the Board and Managing Director.

Resolutions Passed

All seven items of business contained in the Notice were approved by members with requisite majority:

Ordinary Business:

1. Approval and adoption of Audited Financial Statements (both Standalone and Consolidated) for the financial year ended March 31, 2026, together with Reports of Board of Directors and Auditors thereon (Ordinary Resolution)

  • Votes in favor: 98,430,676 shares (99.99%)
  • Votes against: 895 shares (0.01%)

2. Declaration of Final Dividend of ₹7 per equity share of nominal value of ₹2 each for FY ended March 31, 2026 (Ordinary Resolution)

  • Votes in favor: 98,443,992 shares (99.99%)
  • Votes against: 948 shares (0.01%)

3. Re-appointment of Mr. James Raymond Trout (DIN: 10566465) as Director retiring by rotation (Ordinary Resolution)

  • Votes in favor: 69,794,568 shares (70.89%)
  • Votes against: 28,648,424 shares (29.11%)
Special Business:

4. Appointment of Mr. Aninda Chatterjee (DIN: 01760865) as Independent Director (Special Resolution)

  • Votes in favor: 98,441,885 shares (99.99%)
  • Votes against: 1,107 shares (0.01%)

5. Approval of remuneration of Cost Auditor u/s 148(3) of Companies Act, 2013 (Ordinary Resolution)

  • Votes in favor: 98,441,650 shares (99.99%)
  • Votes against: 1,342 shares (0.01%)

6. Increase in borrowing limits from ₹3,000 crores to ₹3,500 crores (Special Resolution)

  • Votes in favor: 98,441,192 shares (99.99%)
  • Votes against: 1,800 shares (0.01%)

7. Creation of Charges on movable and immovable properties of the Company for increased borrowing limits (Special Resolution)

  • Votes in favor: 98,441,307 shares (99.99%)
  • Votes against: 1,685 shares (0.01%)

Voting Process

The Company provided remote e-voting facility through National Securities Depository Limited (NSDL) platform from September 19, 2026 (9:00 AM IST) to September 22, 2026 (5:00 PM IST). Mr. Amarendra Kumar Rai, Practicing Company Secretary, was appointed as Scrutinizer for the voting process.

Total shareholders on record date (September 16, 2026): 119,605

Voting participation:

  • 367 members cast votes through remote e-voting
  • 1 member cast vote through e-voting during AGM

Additional Information

The voting results along with Scrutinizer's Report were uploaded on the Company's website (www.techno.co.in) and on NSDL's website (www.evoting.nsdl.com).

The Notice of AGM was dispatched by email to 115,915 members and by ordinary post to 2,689 physical shareholders. Public advertisement was published in Business Standard (English) and Pioneer (Hindi) on September 2, 2026.

Financial Impact

The declaration of final dividend of ₹7 per share represents a distribution to shareholders. The increase in borrowing limits from ₹3,000 crore to ₹3,500 crore enables additional borrowing capacity of ₹500 crore for the company.