Scoda Tubes Ltd

Dematerialisation/rematerialisation status

• Securities received for dematerialisation during quarter ended 30 Sep 2026 were confirmed to depositories.
• Securities dematerialised have been listed on the stock exchanges where the existing securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner in the register of members within the prescribed timeline.

AGM Details

• AGM held on 26-09-2026 from 04:00 to 04:37 PM via VC/OAVM.
• Record date for entitlement and voting: 19-09-2026.
• Deemed venue: registered office of the company.

Resolutions and outcomes

• Resolution 1 (Ord): Adopt Audited Financial Statements for year ended 31 March 2026.
• Resolution 2 (Ord): Re-appoint Samarth Bharatbhai Patel as Director (Chairman and WTD).
• Resolution 3 (Special): Enhancement of borrowing limits under Section 180(1)(c).
• Resolution 4 (Special): Mortgage/sale/lease/dispose assets under Section 180(1)(a).
• Resolution 5 (Special): Increase limits to loans/investments; provide guarantees under Section 186.
• Resolution 6 (Special): Revision in remuneration for Jagrutkumar Patel, MD.
• Resolution 7 (Special): Revision in remuneration for Samarth Bharatbhai Patel.
• Resolution 8 (Special): Revision in remuneration for Saurabh Amrutbhai Patel, Executive Director.
• Resolution 9 (Special): Insert new Article 121 marking securities as non-transferable.
• Resolution 10 (Ord): Approve related party transactions with Ravi Patel, CFO.
• Resolution 11 (Ord): Approve related party transactions with Vipul Patel, SMP.
• Resolution 12 (Ord): Approve related party transactions with Nisarg Rameshbhai Patel, VP-Sales.
• Resolution 13 (Special): Approve expenses for service of documents to members.
• Resolution 14 (Ord): Ratify remuneration of Cost Auditor for FY2026-27.
• Total resolutions: 14; all approved.

Director & Auditor Matters

• Director: Samarth Bharatbhai Patel re-appointed as Director (Chairman and WTD).
• Cost Auditor remuneration ratified for 2026-27.

Related Party Transactions

• Related Party Transactions with Ravi Patel, CFO approved.
• Related Party Transactions with Vipul Patel, SMP approved.
• Related Party Transactions with Nisarg Rameshbhai Patel, VP–Sales approved.

Other Material Approvals

• Alter Articles: insert Article 121 for non-transferable securities.
• Expenses for service of documents to members approved.

Scoda Tubes Ltd — Closure of Trading Window from October 01, 2026 till 48 hours after the declaration of Unaudited Financial Results for the quarter ended September 30, 2026

AGM details

• Date and time: Sep 26, 2026, 04:00–04:37 IST; VC via Zoom.
• E-voting window: Sep 23–25, 2026; voting conducted remotely.

Resolutions presented

• Adopt Audited Financial Statements for the year ended Mar 31, 2026 (Ordinary).
• Re-appoint Samarth Bharatbhai Patel as Director by rotation (Ordinary).
• Enhance borrowing limits under section 180(1)(c) (Special).
• Mortgage, sale, lease, or disposal of assets under section 180(1)(a) (Special).
• Increase limits for loans, investments, guarantees, or security under section 186 (Special).
• Remuneration revision for Managing Director Jagrutkumar Patel (Special).
• Remuneration revision for Chairman and Whole-Time Director Samarth Patel (Special).
• Remuneration revision for Executive Director Saurabh Patel (Special).
• Alter AoA to insert article on non-transferable securities (Special).
• Approve related party transactions with Ravi Patel, CFO (Ordinary).
• Approve related party transactions with Vipul Patel, President (Ordinary).
• Approve related party transactions with Nisarg Rameshbhai Patel, VP – Sales (Ordinary).
• Approve expenses for service of documents to members (Special).
• Ratify remuneration payable to Cost Auditor for FY 2026-27 (Ordinary).

Voting status

• Results of voting to be declared after Scrutinizer's report.

Director & auditor updates

• Director changes: Samarth Bharatbhai Patel to be re-appointed as Director by rotation.
• Cost Auditor remuneration for FY 2026-27 to be ratified.

Related party transactions

• Approved related party transactions with CFO Ravi Patel.
• Approved related party transactions with Vipul Patel, President.
• Approved related party transactions with Nisarg Rameshbhai Patel, VP – Sales.

Secretarial Auditor name change

• Name changed from ALAP & Co. LLP to Prasad and Partners LLP; terms unchanged.

Issue overview

• IPO of equity shares.
• Fresh issue size 2,200 million; net proceeds revised downward after expenses.
• Main uses: capex, GCP, and offer-related expenses.

Utilisation of Proceeds

• Utilisation aligned with disclosures; no material deviations observed.
• No shareholder approvals required for material deviations noted.
• Capex utilised 624.75; unutilised 145.15.
• Working capital utilised 795.87; unutilised 304.12.
• GCP utilised 109.98; unutilised 19.45.
• Issue expenses utilised 200.67; no unutilised.
• Unutilised funds held in fixed deposits, MA, and public issue accounts.
• Total unutilised: 468.72.
• Opex adjustment reduced GCP to 129.43; net proceeds to 1999.33.

Governance and Compliance

• Approvals status not indicated as pending.
• No material events or regulatory actions identified.
• Board comments section not populated by MA.

General Corporate Purpose

• GCP used 109.98; board approval for allocation not explicitly documented.
• Unutilised GCP: 19.45.
• There is flexibility in vendor selection for capex as allowed by offer document.