Meeting Details

The 41st Annual General Meeting (AGM) of Competent Automobiles Company Limited was held on Friday, 18th September, 2026 through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting commenced at 11:07 AM and concluded at 11:39 AM. Total 89 members were present at the AGM.

Financial Performance Highlights for FY 2025-26

  • Revenue: ₹2,250 crore (Rupees Two Thousand Two Hundred Fifty Crore Only), representing an increase of approximately 5.15% from previous year's revenue of ₹2,140 crore
  • Profit Before Tax: ₹31.32 crore, compared to ₹31.26 crore in the previous year
  • Profit After Tax: ₹22.72 crore, compared to ₹22.56 crore in the previous year

Dividend Declaration

The Board of Directors recommended payment of dividend @ 10% on equity shares i.e. Re. 1/- per share of the face value of ₹10/- each for the Financial Year 2025-26, which was presented for shareholder approval.

Voting Process

The Company engaged National Securities Depository Ltd for remote e-voting facility. The remote e-voting period commenced on 15th September, 2026 at 9:00 a.m. and ended on 17th September, 2026 at 5:00 p.m. Members holding shares as of the cut-off date of 11th September, 2026 were entitled to vote. Members who did not vote during the remote e-voting period were given an opportunity to vote electronically through Insta-Poll mechanism for 15 minutes after the conclusion of the AGM.

Scrutinizer Appointment

Mr. Pramod Prasad Agarwal, Proprietor of M/s P. P. Agarwal & Co., Practising Company Secretaries, was appointed as Scrutinizer to scrutinize the remote e-voting process.

Business Items Considered

The following items of business were presented for shareholder approval:

Ordinary Business:

1. (a) Adoption of Audited Standalone Financial Statements for year ended 31st March, 2026 with Reports of Board of Directors and Auditors

(b) Adoption of Audited Consolidated Financial Statements for year ended 31st March, 2026 with Auditors' Report

2. Declaration of dividend of Re. 1/- per equity share (10%) for FY 2025-26

3. Re-appointment of Mrs. Kavita Ahuja (DIN: 00036803) who retires by rotation

Special Business:

4. Appointment of Mrs. Nisha Mehta (DIN: 11885108) as Director effective from 14th August, 2026

5. Appointment of Mrs. Nisha Mehta as Whole Time Director for 5 years effective from 14th August, 2026

Additional Meeting Details

The Auditor's Report on the Financial Statements did not contain any qualification, reservation, adverse remark or disclaimer. The Register of Directors and Key Managerial Personnel and their Shareholdings, and the Register of Contract or Arrangements in which Directors are interested were made available electronically for inspection. Shareholders had the opportunity to ask questions during the meeting, which were addressed by the Chairman.

Results Declaration

The results of e-voting will be declared within 2 (two) working days. The results will be placed on the company's website (www.competentmaruti.com) and the website of NSDL, and will be communicated to the Stock Exchanges.

Attendees

All Directors of the Company were present at the AGM. Mr. Raj Chopra, Chairman & Managing Director, chaired the meeting. Mr. Dinesh Kumar, Company Secretary & Compliance Officer, conducted the proceedings.