Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Titan Company Limited

Meeting Details

The 42nd Annual General Meeting was held on Monday, 27th July 2026 at 2:30 p.m. (IST) through Video Conferencing/Other Audio-Visual Means. The meeting was convened by notice dated 29th June 2026.

Proposed Resolutions and Implications

Five ordinary resolutions were considered:

1. Adoption of Audited Standalone Financial Statements for FY ended 31st March 2026 with Reports of Board of Directors and Auditors

2. Adoption of Audited Consolidated Financial Statements for FY ended 31st March 2026 with Report of Auditors

3. Declaration of dividend of ₹15 per equity share (face value ₹1 each) for FY ended 31st March 2026

4. Re-appointment of Mr. Noel Naval Tata (DIN: 00024713) as director retiring by rotation under Section 152(6) of Companies Act, 2013

5. Appointment of Dr. S. Vijayakumar, IAS (DIN: 01764064) as Director of the Company

Voting Process and Methods

Voting was conducted through two methods:

  • Remote e-voting: Open from 9:00 AM IST on 23rd July 2026 to 5:00 PM IST on 26th July 2026
  • E-voting at AGM: Conducted during the meeting for members present through VC/OAVM who had not voted remotely

The voting rights were reckoned as on 20th July 2026 (cut-off date). National Securities Depository Limited (NSDL) provided the e-voting facilities.

Key Voting Outcomes

Overall Participation:

  • Total shareholders on record date (20th July 2026): 750,481
  • 84 shareholders attended meeting through VC/OAVM (6 Promoter & Promoter Group, 78 Public)
  • Total votes cast across all resolutions: Approximately 85.38-85.91% of outstanding shares

Resolution-wise Results:

Resolution 1 (Adoption of Standalone Financial Statements):

  • Total votes polled: 758,002,182 (85.3812% of outstanding shares)
  • Votes in favor: 757,606,444 (99.9478% of votes polled)
  • Votes against: 395,738 (0.0522% of votes polled)
  • Passed: Yes

Resolution 2 (Adoption of Consolidated Financial Statements):

  • Total votes polled: 758,002,183 (85.3812% of outstanding shares)
  • Votes in favor: 757,986,373 (99.9979% of votes polled)
  • Votes against: 15,810 (0.0021% of votes polled)
  • Passed: Yes

Resolution 3 (Dividend Declaration):

  • Total votes polled: 762,710,336 (85.9115% of outstanding shares)
  • Votes in favor: 762,710,033 (100.0000% of votes polled)
  • Votes against: 303 (0.0000% of votes polled)
  • Passed: Yes

Resolution 4 (Re-appointment of Mr. Noel N Tata):

  • Total votes polled: 762,612,813 (85.9005% of outstanding shares)
  • Votes in favor: 742,465,343 (97.3581% of votes polled)
  • Votes against: 20,147,470 (2.6419% of votes polled)
  • Passed: Yes

Resolution 5 (Appointment of Dr. S. Vijayakumar):

  • Total votes polled: 762,343,385 (85.8702% of outstanding shares)
  • Votes in favor: 755,534,728 (99.1069% of votes polled)
  • Votes against: 6,808,657 (0.8931% of votes polled)
  • Passed: Yes

Category-wise Voting Breakdown:

Promoter & Promoter Group (469,601,920 shares): 100% voted in favor on all resolutions

Public Institutions: 88.05-89.77% participation with 91.79-100% in favor

Public Non-Institutions: 32.89% participation with 99.9988-100% in favor

Scrutinizer's Role and Findings

Mr. Pradeep B Kulkarni, Partner of V. Sreedharan and Associates, Company Secretaries, Bengaluru, was appointed as Scrutinizer. His responsibilities included:

  • Scrutinizing the remote e-voting process under Section 108 of Companies Act, 2013
  • Scrutinizing voting through electronic voting system at the AGM
  • Preparing consolidated scrutinizer's report of votes cast for/against resolutions

The scrutinizer confirmed that all voting procedures were properly conducted and the results accurately reflected the votes cast through both remote e-voting and e-voting at AGM.

Compliance Confirmation

The document confirms compliance with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • MCA Circulars regarding electronic communication and voting

Additional Information

The voting results and scrutinizer's report are available on the company's website at www.titancompany.in. The electronic voting records will be preserved by the company secretary after approval of meeting minutes.