Meeting Details

  • Date: 25th September, 2026
  • Time: Commenced at 12:30 PM (IST) and concluded at 1:07 PM (IST)
  • Location: Conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM) via facility provided by National Securities Depository Limited (NSDL)
  • Type: Annual General Meeting
  • Deemed Venue: Registered Office of the Company

Proposed Resolutions and Implications

The meeting transacted seven resolutions as set out in the Notice dated 20th May, 2026, read with Addendum dated 16th September, 2026:

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) for FY 2025-26 and Reports of Board of Directors and Statutory Auditors.

2. To confirm payment of Interim Dividend @ 10% i.e. ₹0.20 per equity share of ₹2 each for FY 2025-26.

3. To declare Final Dividend @ 27.5% i.e. ₹0.55 per fully paid-up equity share of ₹2 each for FY 2025-26.

4. To appoint a Director in place of Mr. Navin Juneja (DIN: 00094520) who retires by rotation and offers himself for re-appointment.

Special Business:

5. To consider and approve material related party transactions with M/s. QH Talbros Private Limited during FY 2026-27.

6. To ratify the remuneration of M/s. Vijender Sharma & Co. (Firm Registration No. 000180), re-appointed as Cost Auditors for FY 2026-27.

7. To appoint Mr. Rahul Bhutoria (DIN: 00093326) as an Independent Director for five consecutive years w.e.f. 16th September, 2026.

Voting Process and Methods

  • Remote e-voting: Available prior to the meeting through NSDL
  • E-voting during AGM: Available and remained open until 30 minutes after conclusion of AGM (until 1:37 PM)
  • Physical attendance: Dispensed with as per MCA directives
  • Scrutinizer: Mrs. Kiran Sharma, Practicing Company Secretary, was appointed to scrutinize the e-voting process
  • Results announcement: Combined results of remote e-voting and e-voting during AGM to be announced within stipulated timelines

Attendance and Participation

  • Total members present: 116 members including Corporate Representatives
  • Key attendees:
  • Mr. Umesh Talwar (Chairman)
  • Mr. Varun Talwar (Vice-Chairman & Managing Director)
  • Mr. Anuj Talwar (Managing Director)
  • Mr. Navin Juneja (Director and Group CFO, Chairman, Stakeholders' Relationship Committee)
  • Ms. Priyanka Gulati (Independent Director, Chairperson, Audit Committee)
  • Mr. Ajay Kumar Vij (Independent Director, Chairman, Nomination and Remuneration Committee)
  • Mrs. Kiran Sharma (Scrutinizer and Secretarial Auditor)
  • Representatives of M/s. J.C. Bhalla & Co. (Statutory Auditors)
  • Management team including CEO, CFO, and Company Secretary

Key Meeting Proceedings

  • Company Secretary confirmed requisite quorum was present
  • Chairman addressed members, highlighting FY 2025-26 as a landmark year where Company achieved three-digit Profit After Tax milestone for first time
  • Management highlighted Indian automotive industry performance with rising domestic vehicle sales
  • Gasket & Heat Shield division maintained 50% market share in Indian gasket market
  • Electronic copies of Notice and Annual Report sent to members with registered email IDs
  • Physical copies sent to members who requested them
  • Members who pre-registered to speak were allowed to ask questions virtually
  • Mr. Navin Juneja responded to shareholder queries
  • Auditors' Reports were unmodified without qualifications, hence taken as read

Compliance and Regulatory Aspects

  • Conducted in compliance with MCA directives and SEBI LODR Regulations
  • Statutory Registers were available at NSDL e-voting platform for electronic inspection
  • Proceedings were recorded and will be filed with Stock Exchanges
  • Proceedings available on company website: www.talbros.com