Meeting Details

The 35th Annual General Meeting of Tata Capital Limited was held on Wednesday, August 19, 2026 at 11:00 a.m. IST through Video Conferencing/Other Audio Video Means. The meeting concluded at 12:37 p.m. IST.

Attendance

  • Total shareholders as of record date (August 12, 2026): 1,184,271
  • Shareholders attending through VC/OAVM: 187 (8 from Promoter and Promoter Group, 179 from Public)
  • Physical attendance was dispensed with as per MCA circulars

Key Personnel Present

  • Mr. Saurabh Agrawal, Chairman of the Board (present at common venue)
  • Mr. Rajiv Sabharwal, Managing Director & CEO (present at common venue)
  • Mr. Rakesh Bhatia, Chief Financial Officer (present at common venue)
  • Ms. Sarita Kamath, Chief Legal and Compliance Officer & Company Secretary (present at common venue)
  • All Directors, Internal Auditor, representatives of Statutory Auditors and Secretarial Auditors (present through VC)

Business Transacted

The following ten resolutions were considered and approved through remote e-voting prior to and during the meeting:

Ordinary Resolutions:

1. Adoption of Audited Standalone Financial Statements for FY2025-26 with Reports of Board of Directors and Auditors

  • Votes in favor: 3,946,417,063 (100.00% of votes cast)
  • Votes against: 10,297 (0.00% of votes cast)

2. Adoption of Audited Consolidated Financial Statements for FY2025-26 with Report of Auditors

  • Votes in favor: 3,946,416,744 (100.00% of votes cast)
  • Votes against: 10,186 (0.00% of votes cast)

3. Confirmation of payment of Interim Dividend on Cumulative Redeemable Preference Shares for FY2025-26

  • Votes in favor: 3,946,414,396 (100.00% of votes cast)
  • Votes against: 12,472 (0.00% of votes cast)

4. Declaration of final dividend on Equity Shares for FY2025-26

  • Votes in favor: 3,946,417,667 (100.00% of votes cast)
  • Votes against: 9,253 (0.00% of votes cast)

5. Re-appointment of Mr. Saurabh Agrawal (DIN: 02144558) as Director retiring by rotation

  • Votes in favor: 3,945,232,702 (99.97% of votes cast)
  • Votes against: 1,192,507 (0.03% of votes cast)

6. Appointment of M/s. T.P. Ostwal & Associates LLP as Joint Statutory Auditors (ICAI Firm Registration No. 124444W/W100150)

  • Votes in favor: 3,945,548,393 (99.98% of votes cast)
  • Votes against: 877,890 (0.02% of votes cast)

Special Resolutions:

7. Approval for issuance of Non-Convertible Debentures on private placement basis

  • Votes in favor: 3,946,408,060 (100.00% of votes cast)
  • Votes against: 18,017 (0.00% of votes cast)

8. Ratification of Employee Stock Options Scheme of the Company

  • Votes in favor: 3,874,161,027 (98.20% of votes cast)
  • Votes against: 70,352,293 (1.80% of votes cast)

9. Ratification of extension of ESOP benefits to employees of holding company or subsidiary companies

  • Votes in favor: 3,874,820,508 (98.22% of votes cast)
  • Votes against: 70,373,437 (1.78% of votes cast)

Ordinary Resolution (Related Party Transaction):

10. Material Related Party Transaction(s) with Tata Consultancy Services Limited

  • Promoter and Promoter Group: Did not vote (interested party)
  • Public votes in favor: 320,309,469 (100.00% of votes cast)
  • Public votes against: 15,059 (0.00% of votes cast)

Voting Statistics

  • Total outstanding shares: 4,244,869,037
  • Total votes polled across all resolutions: Approximately 92.97% of outstanding shares
  • Promoter and Promoter Group holding: 3,625,554,447 shares (85.41%)
  • Public Institutions holding: 340,938,478 shares (8.03%)
  • Public Non-Institutions holding: 278,376,112 shares (6.56%)

Scrutinizer Appointment

Ms. Jigyasa Ved of M/s. Parikh & Associates, Practising Company Secretaries was appointed as Scrutinizer to scrutinize the e-voting process. The scrutinizer's report confirmed all resolutions were passed with requisite majority.

Additional Information

  • The meeting was conducted in compliance with MCA circulars and SEBI Listing Regulations
  • Statutory Auditors' Report and Secretarial Audit Report for FY2025-26 had no qualifications
  • The Chairman addressed members on company performance during FY2025-26 and strategic plans
  • Video recording of proceedings is available on company website
  • Voting results and scrutinizer's report available on company website and NSDL website