Meeting Details

The 22nd Annual General Meeting (AGM) of Torrent Power Limited was held on Monday, August 03, 2026. The meeting was conducted through Video Conferencing / Other Audio Visual Means. It commenced at 09:30 am and concluded at 10:19 am.

Summary of Proposed Resolutions and Implications

All ten items of business set out in the AGM notice were approved by the members with the requisite majority. The resolutions are categorized as follows:

Ordinary Business

1. Adoption of Financial Statements: Adoption of the Standalone Financial Statements for the financial year ended March 31, 2026, including the reports of the Auditors and the Board's Report.

2. Adoption of Consolidated Financial Statements: Adoption of the Consolidated Financial Statements for the financial year ended March 31, 2026, including the report of the Auditors thereon.

3. Dividend Declaration: Confirmation of payment of an Interim Dividend of ₹15.00 per equity share and approval of a Final Dividend of ₹5.00 per equity share for FY26, resulting in a total dividend of ₹20.00 per equity share.

4. Director Re-appointment: Re-appointment of Mr. Varun Mehta (DIN: 07862034), who retired by rotation.

5. Director Re-appointment: Re-appointment of Ms. Jigish Mehta (DIN: 09054778), who retired by rotation.

Special Business

6. Cost Auditor Remuneration: Ratification of the remuneration of M/s. Kirit Mehta & Co., Cost Accountants, for the financial year 2026-27.

7. Independent Director Re-appointment: Re-appointment of Ms. Radhika Haribhakti (DIN: 02409519) as an Independent Director of the Company.

8. Independent Director Re-appointment: Re-appointment of Mr. Ketan Dalal (DIN: 00003236) as an Independent Director of the Company.

9. Borrowing Limits: Approval for the enhancement of borrowing limits of the Company up to ₹35,000 Crore pursuant to Section 180(1)(c) of the Companies Act, 2013.

10. Creation of Charges: Approval for the creation of charges on the Company's assets, properties, and undertakings pursuant to Section 180(1)(a) of the Companies Act, 2013, up to the limits approved under Section 180(1)(c).

Voting Process

The businesses were transacted through a combination of remote e-voting and e-voting during the AGM. The meeting was held with a requisite quorum present. The document states that the detailed results of the remote e-voting and e-voting will be uploaded on the company's website and notified to the stock exchanges separately.

Compliance Statement

The conduct of the meeting and the voting process were in compliance with circulars dated September 22, 2025, May 05, 2022, May 05, 2020, April 13, 2020, and April 08, 2020, issued by the Ministry of Corporate Affairs, Government of India, along with the provisions of the Companies Act, 2013, and the SEBI Listing Regulations.