Meeting Details

The 63rd Annual General Meeting of TRF Limited was held on Thursday, August 6, 2026, from 11:30 a.m. to 01:07 p.m. IST. The meeting was conducted entirely through Video Conferencing/Other Audio-Visual Means with a live webcast available through NSDL.

Attendance

  • Total shareholders on record date: 26,057
  • Shareholders present through video conferencing: 53 (1 Promoter/Promoter Group, 52 Public)
  • Physical attendance was dispensed with in accordance with MCA and SEBI circulars

Chairperson and Officials Present

  • Ms. Samita Shah, Chairperson of the Board, chaired the meeting
  • All Directors were present except Mr. Sandeep Bhattacharya, Non-Executive Director
  • Representatives from statutory auditors (Price Waterhouse & Co), cost auditors (Shome & Banerjee), and secretarial auditors (D. Dutt & Co.) attended
  • Mr. Avishek Ghosh, Company Secretary and Compliance Officer, facilitated the meeting

Business Transacted

The following six resolutions were put to vote through remote e-voting (both prior to and during the meeting):

Ordinary Business:

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

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026, with Report of the Auditors

3. Re-appointment of Mr. Akshay Khullar (DIN: 10545101) as Director who retires by rotation under Section 152(6) of Companies Act, 2013

Special Business:

4. Ratification of Remuneration of M/s Shome & Banerjee, Cost Auditors for FY 2026-27

5. Commission to Non-Executive Directors of the Company

6. Material modification of approved Related Party Transaction(s) with Tata Steel Utilities and Infrastructure Services Limited amounting to ₹3,000 lakh

Voting Results

All six resolutions were passed with requisite majority. The scrutinizer's report by Pramod Kumar Singh of P.K. Singh & Associates provided detailed voting results:

Resolution 1 (Standalone Financials):

  • Votes in favor: 37,92,848 (99.92%)
  • Votes against: 3,012 (0.08%)
  • Invalid votes: Nil

Resolution 2 (Consolidated Financials):

  • Votes in favor: 37,92,848 (99.92%)
  • Votes against: 3,012 (0.08%)
  • Invalid votes: Nil

Resolution 3 (Director Re-appointment):

  • Votes in favor: 37,92,848 (99.92%)
  • Votes against: 3,012 (0.08%)
  • Invalid votes: Nil

Resolution 4 (Cost Auditor Remuneration):

  • Votes in favor: 37,92,848 (99.92%)
  • Votes against: 3,012 (0.08%)
  • Invalid votes: Nil

Resolution 5 (Non-Executive Director Commission):

  • Votes in favor: 37,89,748 (99.83%)
  • Votes against: 6,112 (0.16%)
  • Invalid votes: Not specified

Resolution 6 (Related Party Transaction):

  • Votes in favor: 37,603 (92.56%)
  • Votes against: 3,024 (7.44%)
  • Invalid votes: 1,960
  • Special notes: TATA STEEL LIMITED (interested party) did not vote; TATA INDUSTRIES LIMITED (related party) votes were declared invalid

Presentations and Discussions

  • The Chairperson addressed members on the Company's performance during FY2025-26 and strategic plans
  • Mr. Umesh Kumar Singh, Managing Director, made a presentation on operational and financial performance for FY2025-26
  • Members who registered to speak were given opportunity to ask questions and seek clarifications, which were responded to by the Chairperson

Documents Available

The following annexures were enclosed with the filing:

  • Annexure A: Summary of proceedings of the AGM
  • Annexure B: Voting results of remote e-voting
  • Annexure C: Scrutinizer's Report dated August 6, 2026

Additional Information

  • The voting results and Scrutinizer's Report are available on company website (www.trf.co.in) and NSDL website (www.evoting.nsdl.com)
  • Cut-off date for determining shareholders entitled to vote: July 30, 2026
  • Remote e-voting period: August 1, 2026 (9:00 a.m.) to August 5, 2026 (5:00 p.m.) prior to meeting, and during the AGM
  • No qualifications, observations or adverse remarks in the Statutory Auditor's Report or Secretarial Auditor's Report