Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

Meeting Details

The 90th Annual General Meeting was duly convened and held on Monday, September 7, 2026 at 11:00 AM IST through Video Conferencing/Other Audio Visual Means. The meeting was conducted in accordance with the Companies Act, 2013, SEBI (LODR) Regulations, 2015, and relevant circulars from MCA and SEBI.

Attendance

  • The meeting was chaired by Mr. Dhruv M. Sawhney, Chairman & Managing Director
  • All directors attended except Mr. Manoj Kumar Kohli who was unable to attend
  • Chairpersons of Audit Committee, Stakeholders Relationship Committee, and Nomination & Remuneration Committee were present
  • Representatives of Statutory Auditors and Secretarial Auditor were present
  • Total of 155 members attended (including 9 promoter members)
  • Quorum was present

Management Presentations

The Chairman briefed members on:

  • Financial and operational performance during FY26
  • Future outlook of the Company
  • Successful amalgamation of Sir Shadi Lal Enterprises Limited with the Company
  • Demerger of Power Transmission Business into Triveni Power Transmission Limited

The Vice Chairman provided an overview of the Company's businesses and future plans.

Voting Process

  • Remote e-voting was provided through KFintech platform from September 3, 2026 (10:00 AM IST) to September 6, 2026 (5:00 PM IST)
  • Cut-off date for voting eligibility: August 31, 2026
  • Ms. Leena Jain, Practicing Company Secretary (M.No.10296/CP No.4946) was appointed as Scrutinizer
  • E-voting (insta-poll) facility was provided during the AGM for members who hadn't voted remotely

Business Transacted

The following resolutions were approved at the AGM:

Ordinary Business:

1. Ordinary Resolution: Adoption of Audited Financial Statements (including Consolidated Financial Statements) for year ended March 31, 2026 together with Reports of Board of Directors and Auditors

2. Ordinary Resolution: Confirmation of interim dividend of ₹1.50 per equity share already paid, and declaration of final dividend of ₹1.25 per equity share for financial year ended March 31, 2026

3. Ordinary Resolution: Re-appointment of Mr. Tarun Sawhney (DIN: 00382878) as Director liable to retire by rotation

Special Business:

4. Ordinary Resolution: Ratification of remuneration payable to Cost Auditor Mr. Rishi Mohan Bansal, Cost Accountant (FRN: 102056) for financial year 2026-27

5. Special Resolution: Payment of commission to Non-Executive Directors (including Independent Directors) for five years commencing from FY 2026-27

6. Special Resolution: Revision of remuneration payable to Mr. Tarun Sawhney (DIN: 00382878), Vice Chairman & Managing Director, effective August 1, 2026 for remainder of current tenure ending September 30, 2028

7. Ordinary Resolution: Appointment of Mr. Vivek Viswanathan (DIN: 00141053) as Director liable to retire by rotation

8. Ordinary Resolution: Appointment of Mr. Vivek Viswanathan (DIN: 00141053) as Whole-time Director for five years effective August 1, 2026 and payment of remuneration

Additional Information

  • Notice of 90th AGM with Directors' Report and Audited Financial Statements had been previously circulated
  • No qualifications, observations or adverse remarks were made by Auditors in their Report
  • Voting results and Scrutinizer's report will be submitted separately to exchanges
  • Consolidated results will be uploaded on company website and KFintech website