Meeting Details

  • Date: Monday, September 21, 2026
  • Time: 11:30 A.M. (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Type: 31st Annual General Meeting
  • Cut-off Date: Monday, September 14, 2026 (for shareholder eligibility)

Proposed Resolutions and Implications

The AGM considered eight resolutions:

Ordinary Business Items:

1. Resolution 1: To receive, consider and adopt (a) the audited financial statement for FY ended March 31, 2026 and reports of Board of Directors and Auditors; and (b) the audited consolidated financial statement for FY ended March 31, 2026 and report of Auditors

2. Resolution 2: To confirm the first interim dividend of ₹0.25 per equity share and the second interim dividend of ₹0.75 per equity share, both already paid, as the final dividend for FY ended March 31, 2026

3. Resolution 3: To appoint Mr. Sudhir Moola (DIN: 02185026), who retires by rotation, as Director

4. Resolution 4: To re-appoint M/s. Deloitte Haskins & Sells, Chartered Accountants (Firm Registration No. 008072S), as statutory auditors

Special Business Items:

5. Resolution 5: To approve ratification of Cost Auditors Remuneration

6. Resolution 6: To re-appoint Mr. Chiranjeev Singh Saluja (DIN: 00664638) as Managing Director

7. Resolution 7: To re-appoint Mr. Surenderpal Singh Saluja (DIN: 00664597) as Chairman and Whole-time Director

8. Resolution 8: To approve raising of capital through issuance of equity shares or other eligible convertible securities for an amount not exceeding ₹5,000 Crores

Voting Process and Methods

  • Remote e-voting period: Friday, September 18, 2026 at 9:00 a.m. (IST) to Sunday, September 20, 2026 at 5:00 p.m. (IST)
  • E-voting during AGM: Remote e-voting facility provided to shareholders present at AGM through VC/OAVM who had not cast votes earlier
  • Service Provider: National Securities Depository Limited (NSDL)
  • Voting Methods: Remote e-voting only (no physical polling or postal ballot)

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 335,616
  • Shareholders present in meeting: 0 (in person or through proxy)
  • Shareholders attended through VC: 70 (5 Promoters, 65 Public)
  • Total shares outstanding: 453,951,510
  • Total votes polled: 399,143,406 (87.93% of outstanding shares)

Resolution-wise Results:

Resolution 1 - Adoption of Financial Statements

  • Total votes in favor: 398,860,608 (99.93%)
  • Total votes against: 282,798 (0.07%)
  • Result: Passed

Resolution 2 - Final Dividend Declaration

  • Total votes in favor: 399,340,082 (100.00%)
  • Total votes against: 154 (0.00%)
  • Result: Passed

Resolution 3 - Appointment of Sudhir Moola

  • Total votes in favor: 398,608,186 (99.87%)
  • Total votes against: 535,187 (0.13%)
  • Result: Passed

Resolution 4 - Reappointment of Auditors

  • Total votes in favor: 380,038,232 (95.21%)
  • Total votes against: 19,105,141 (4.79%)
  • Result: Passed

Resolution 5 - Cost Auditor Remuneration

  • Total votes in favor: 399,134,702 (100.00%)
  • Total votes against: 671 (0.00%)
  • Result: Passed

Resolution 6 - Reappointment of Managing Director

  • Total votes in favor: 385,776,522 (96.65%)
  • Total votes against: 13,366,851 (3.35%)
  • Result: Passed

Resolution 7 - Reappointment of Chairman

  • Total votes in favor: 398,191,744 (99.76%)
  • Total votes against: 950,129 (0.24%)
  • Result: Passed

Resolution 8 - Capital Raising Approval

  • Total votes in favor: 396,173,538 (99.25%)
  • Total votes against: 2,973,865 (0.75%)
  • Result: Passed

Scrutinizer's Role and Findings

  • Scrutinizer: Mohit Gurjar, Partner, M/s. P.S. Rao & Associates, Practicing Company Secretaries
  • Appointment Basis: Section 108 of Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014
  • Responsibilities: Scrutinize remote e-voting process prior to and during AGM, prepare consolidated report
  • Findings: All votes properly counted and validated, no invalid votes reported
  • Report Date: September 22, 2026

Compliance with Laws and Regulations

The company complied with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 44)
  • Companies Act, 2013 (Section 108)
  • Companies (Management and Administration) Rules, 2014 (Rule 20)
  • SEBI circulars dated October 3, 2024, October 7, 2023, January 5, 2023, May 13, 2022, January 15, 2021, and May 12, 2020
  • MCA Circular No. 03/2025 dated September 22, 2025 and related circulars

Additional Information

  • Voting results and Scrutinizer's Report available on company website: www.premierenergies.com
  • Company addresses:
  • Corporate Office: 8th Floor, Orbit Tower, 83/1 Hyderabad Knowledge City, TSIIC Raidurgam, Maheshwaram Mandal, Raviryala Village, Hyderabad 500081, Telangana