Meeting Details

  • Date: 9th September 2026
  • Type: 70th Annual General Meeting
  • Cut-off date for shareholder eligibility: Wednesday, September 02, 2026

Proposed Resolutions and Voting Outcomes

The AGM considered 11 resolutions (10 Ordinary, 1 Special) with the following results:

Ordinary Business

Item 1: Adoption of Audited Financial Statements

  • Total votes: 217,992,030 in favor (99.9534%), 101,556 against (0.0466%)
  • 48 invalid votes totaling 5,665,393 shares

Item 2: Declaration of Final Dividend of Rs. 10/- per equity share

  • Total votes: 218,162,138 in favor (100.0%), 91 against (0.0%)
  • 48 invalid votes totaling 5,665,393 shares

Item 3: Appointment of Mr. Sushil Kumar (DIN:08510312) as Director

  • Total votes: 211,618,409 in favor (97.0270%), 6,484,257 against (2.9730%)

Item 4: Re-appointment of Deloitte Haskins & Sells as Statutory Auditors

  • Total votes: 218,147,167 in favor (99.9975%), 5,399 against (0.0025%)

Special Business

Item 5: Ratification of Cost Auditors' Remuneration

  • Total votes: 218,152,279 in favor (99.9999%), 287 against (0.0001%)

Item 6: Appointment of Mr. Marco Simiano (DIN:11785978) as Non-Executive Director

  • Total votes: 214,394,366 in favor (98.2998%), 3,708,200 against (1.7002%)

Item 7: Re-appointment of Mr. Sushil Kumar as Whole-time Director

  • Total votes: 211,533,744 in favor (96.9882%), 6,568,702 against (3.0118%)

Item 8: Payment of Remuneration to Non-Executive Directors

  • Total votes: 218,121,656 in favor (99.9858%), 30,910 against (0.0142%)

Item 9: Material Related Party Transaction with LM Wind Power Blades

  • Total votes: 49,696,206 in favor (56.7510%), 37,872,627 against (43.2490%)

Item 10: Material Related Party Transaction with GE Vernova Inc.

  • Total votes: 87,498,382 in favor (99.9195%), 70,451 against (0.0805%)

Item 11: Special Resolution - Increase in Limits under Section 186

  • Total votes: 175,791,823 in favor (80.6005%), 42,310,743 against (19.3995%)

Voting Process and Methods

The Company provided two voting methods:

  • Remote e-Voting: Conducted by NSDL from September 05, 2026 (9:00 AM IST) to September 08, 2026 (5:00 PM IST)
  • E-voting at AGM: For members participating through VC/OAVM who didn't vote remotely

Votes were unblocked in the presence of two independent witnesses: Mr. Saurabh Agrawal and Mr. Sachin Khurana.

Scrutinizer's Role and Findings

Mr. Manish Gupta, Managing Partner of RMG & Associates, was appointed as Scrutinizer. He confirmed:

  • All resolutions passed with requisite majority as per Companies Act, 2013
  • Voting process conducted fairly and transparently
  • Compliance with MCA Circulars and SEBI LODR Regulations

Compliance Confirmation

The report confirms compliance with:

  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Relevant MCA Circulars regarding e-voting and notice dissemination

Additional Information

The Company published advertisements in Financial Express (English) and Jansatta (Vernacular) newspapers on August 12, 2026 and August 14, 2026 regarding notice dispatch and AGM details. Notice and Annual Report were sent electronically on August 13, 2026 to registered email addresses.