Key Dates and Event Details

  • AGM Date and Time: Wednesday, September 23, 2026 at 11:00 A.M. IST
  • Meeting Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM) as per MCA Circular No. 09/2024 and SEBI Circular no. SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133
  • E-voting Period: Commences Sunday, September 20, 2026 at 09:00 A.M., ends Tuesday, September 22, 2026 at 05:00 P.M.
  • Record Date for E-voting: Wednesday, September 16, 2026
  • Date of Sending Electronic Copy of Annual Report with Notice: Monday, August 31, 2026
  • Register of Members Closure: Thursday, September 17, 2026 to Wednesday, September 23, 2026 (both days inclusive)
  • Scrutinizer Appointment: Ms. Kalpana Srinivasan, Practising Company Secretary

Ordinary Business Items

1. Adoption of Audited Financial Statements

To receive, consider, approve and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the financial year ended March 31, 2026, together with the Report of Board of Directors and Auditors thereon.

2. Re-appointment of Director

To re-appoint Mr. Vedant Dinesh Nandwana (DIN: 08420950), who retires by rotation and being eligible, offers himself for re-appointment.

Special Business Items

3. Alteration of Memorandum of Association

Resolution Type: Special Resolution

Purpose: To alter Clause III (A) (Main Objects) of the Memorandum of Association by inserting new sub-clause 1(T) to enable the Company to undertake renewable energy business activities.

Proposed Business Activities:

  • Manufacture, contract manufacture, produce, process, assemble, integrate, alter, acquire, design, develop, fabricate, test, commission, repair, maintain, modify, market, import, export, buy, sell, distribute and otherwise deal in inverters, solar inverters, hybrid inverters, battery energy storage systems, batteries, battery packs, solar wafers, solar cells, solar modules, fuel cells and all kinds of renewable energy products
  • Undertake in-house assembly, integration, customization, testing, quality control, packaging and value addition
  • Procure, source, purchase, import, export, stock, warehouse, distribute, market, promote, commercialize, brand, rebrand, white-label, private-label renewable energy products
  • Provide installation, erection, commissioning, operation, monitoring, inspection, testing, maintenance, repair, refurbishment, replacement, upgrading, warranty management, annual maintenance contracts, technical support, customer support, training, consultancy, project management, after-sales services

Rationale: The Company proposes to expand into the renewable energy sector as part of its long-term growth strategy, leveraging its existing distribution network and creating long-term value for stakeholders. The expansion is based on identified opportunities in rooftop solar deployments in semi-urban and rural areas with government support.

4. Approval of Material Related Party Transactions with VL E-Governance & IT Solutions Limited

Resolution Type: Ordinary Resolution

Related Party: VL E-Governance & IT Solutions Limited

Relationship: Promoters of Vakrangee Limited and VL E-Governance & IT Solutions Limited are the same persons

Maximum Transaction Value: ₹50 crore for financial year 2026-27

Nature of Transactions: Supply of Goods and Services (B2B business)

Tenure: Not exceeding 15 months (from AGM date to next AGM date)

Maximum Single Transaction Value: ₹1 crore

Previous Transactions: FY2024-25: Approximately ₹17 crore, FY2025-26: ₹7.23 crore (till Audit Committee approval date)

Value as Percentage of Company's Annual Turnover: 19.63% of FY2025-26 turnover of ₹254.76 crore

Value as Percentage of Related Party's Turnover: 291.55% of VL E-Governance's FY2025-26 turnover

Interest Disclosure: Mrs. Jyoti Dinesh Nandwana holds 23.24% shareholding (Direct and Indirect) in VL E-Governance & IT Solutions Limited

5. Approval of Material Related Party Transactions with Vortex Engineering Private Limited

Resolution Type: Ordinary Resolution

Related Party: Vortex Engineering Private Limited

Relationship: Subsidiary company of Vakrangee Limited (75.94% ownership)

Maximum Transaction Value: ₹50 crore for financial year 2026-27

Nature of Transactions: Supply of Goods and Services (B2B business)

Tenure: Not exceeding 15 months (from AGM date to next AGM date)

Maximum Single Transaction Value: ₹1 crore

Previous Transactions: FY2023-24: ₹882.37 lakh, FY2024-25: ₹1088.44 lakh, FY2025-26: ₹1803.19 lakh

Value as Percentage of Company's Annual Turnover: 20% of FY2025-26 turnover of ₹254.76 crore

Value as Percentage of Related Party's Turnover: 172.99% of Vortex Engineering's FY2025-26 turnover

Interest Disclosure: Mrs. Jyoti Dinesh Nandwana holds 17% shareholding (Direct and Indirect) in Vortex Engineering Private Limited

6. Approval of Material Related Party Transactions with Vakrangee Finserve Limited

Resolution Type: Ordinary Resolution

Related Party: Vakrangee Finserve Limited

Relationship: Wholly owned subsidiary of Vakrangee Limited (100% ownership)

Maximum Transaction Value: ₹10 crore for financial year 2026-27

Nature of Transactions: Supply of Goods and Services (B2B business)

Tenure: Not exceeding 15 months (from AGM date to next AGM date)

Maximum Single Transaction Value: ₹1 crore

Previous Transactions: No transactions in last three financial years

Value as Percentage of Company's Annual Turnover: 3.93% of FY2025-26 turnover of ₹254.76 crore

Value as Percentage of Related Party's Turnover: 15% of Vakrangee Finserve's FY2025-26 turnover

General Meeting Arrangements

  • The AGM will be conducted through VC/OAVM without physical presence of members
  • Facility available for 1000 members on first-come-first-served basis (excludes large shareholders holding 2% or more, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)
  • Attendance through VC/OAVM will be counted for quorum purposes under Section 103 of Companies Act, 2013
  • Proxy appointment facility not available, but body corporates can appoint authorized representatives
  • Members can submit questions in advance to compliance@vakrangee.in

E-Voting Instructions

  • Remote e-voting through NSDL as authorized agency
  • Voting rights proportional to shareholding as on record date (September 16, 2026)
  • Detailed login instructions provided for:
  • Individual shareholders holding securities in demat mode with NSDL and CDSL
  • Shareholders other than individuals holding securities in demat mode
  • Shareholders holding securities in physical mode
  • Helpdesk contacts provided for technical support
  • Scrutinizer to submit report within 2 working days from conclusion of AGM
  • Results to be placed on company website and forwarded to stock exchanges

Dividend and Tax Information

  • Dividend income taxable in hands of shareholders w.e.f. April 1, 2020
  • Company required to deduct TDS from dividend at prescribed rates
  • 20% TDS rate applicable if PAN not registered
  • Members requested to update PAN details with company/RTA/depositories
  • Unclaimed dividends for 7 years will be transferred to Investor Education and Protection Fund (IEPF)
  • Shares with unclaimed dividends for 7+ years will be transferred to IEPF Authority

Document Availability

  • Notice and Annual Report 2025-26 available on:
  • Company website: https://vakrangee.in/investor_resources.html
  • BSE website: www.bseindia.com
  • NSE website: www.nseindia.com
  • NSDL e-voting website: www.evoting.nsdl.com
  • Documents sent only through electronic mode to members with registered email addresses as on August 28, 2026