Sharda Motor Industries Ltd

Key Update

• Company received factory license for new plant at Haridwar from Labour Department of Uttarakhand on October 14, 2026.

Dematerialisation status

• Securities dematerialised were listed on the stock exchanges.
• Certificates for dematerialisation were mutilated and cancelled; depository's name substituted as registered owner.

Sharda Motor Industries Limited: Trading window closed from Oct 01, 2026 until forty-eight hours of the declaration of Financial Results for the second quarter of FY 2026-27

AGM details

• AGM date/time/mode: Sept 24, 2026 at 12:00 IST via VC/OAVM.
• Cut-off eligibility date: Sept 18, 2026.
• Total shareholders on record: 40,775.

Key resolutions and outcomes

• Resolution 1: Standalone financials adopted — Passed.
• Resolution 2: Consolidated financials adopted — Passed with ~4.14% opposition.
• Resolution 3: Final dividend for FY2025-26 declared — Passed.
• Resolution 4: Kishan N Parikh re-appointed as Director — Passed.
• Resolution 5: Ajay Rela re-appointed as Whole-Time Director — Passed.
• Resolution 6: Threshold limits and related remuneration approved — Passed.
• Resolution 7: Remuneration by commission to Navin Paul — Passed.
• Resolution 8: Cost Auditors' remuneration ratified — Passed.

AGM details

• Date/time/mode: 24 September 2026, 12:00 IST; VC/OAVM.
• Cut-off date: 18 September 2026.
• Total shareholders on record date: 40,775.
• AGM conducted via video conferencing/other audio-visual means.

Resolutions and outcomes

• Resolution 1: Standalone financials adopted; ordinary; all votes in favour.
• Resolution 2: Consolidated financials adopted; ordinary; majority in favour.
• Resolution 3: Final dividend declared for FY2025-26; small opposition (102 against).
• Resolution 4: Kishan N Parikh re-appointed as director (retiring by rotation).
• Resolution 5: Ajay Rela re-appointed Whole-Time Director; Executive Chairman.
• Resolution 6: Special remuneration threshold limits approved.
• Resolution 7: Remuneration by commission to Navin Paul; special resolution; passed.
• Resolution 8: Cost Auditors remuneration ratified; ordinary; passed.

Dividend

• Final dividend declared; per-share amount not disclosed.

Directors & Auditors

• Parikh re-appointed as director (retiring by rotation).
• Ajay Rela re-appointed Whole-Time Director; Executive Chairman.
• Cost Auditors remuneration ratified; no change to statutory auditors.

AGM Details

• AGM held Sep 24, 2026 at 12:00 IST via VC/OAVM.
• Remote e-voting Sep 21–23, 2026.
• Voting rights cut-off Sep 18, 2026.

Resolutions

• Adopt standalone financial statements for FY 2025-26 — Status: results not disclosed.
• Adopt audited consolidated financial statements for FY 2025-26 — Status: results not disclosed.
• Declare final dividend for FY 2025-26 — Amount not disclosed; Status: results not disclosed.
• Re-appoint Kishan N Parikh by rotation — Status: results not disclosed.
• Re-appoint Ajay Relan as Whole Time Director — Status: results not disclosed.
• Approve remuneration to Ajay Relan exceeding threshold limits — Status: results not disclosed.
• Approve commission to Navin Paul, Independent Director — Status: results not disclosed.
• Ratify remuneration of Gurdeep Singh & Associates, Cost Auditors — Status: results not disclosed.

AGM Details

• AGM held Sept 24, 2026 at 12:00 IST via VC/OAVM.
• Remote e-voting from Sept 21–23, 2026; cut-off Sept 18, 2026.
• Meeting concluded at 12:56 PM.
• Scrutinizer appointed to oversee voting process.

Key Resolutions

• Adopt standalone financial statements for FY2025-26.
• Adopt consolidated financial statements for FY2025-26.
• Declare final dividend for FY2025-26.
• Re-appoint Kishan Parikh as Director (retiring by rotation).
• Re-appoint Ajay Relan as Executive Chairperson (WTD).
• Remuneration payable to Ajay Relan beyond threshold limits.
• Remuneration by way of commission to Navin Paul (Independent Director).
• Ratify remuneration of Gurdeep Singh & Associates, Cost Auditors.

Voting Results

• Outcome of resolution 1 not disclosed in filing.
• Outcome of resolution 2 not disclosed in filing.
• Outcome of resolution 3 not disclosed in filing.
• Outcome of resolution 4 not disclosed in filing.
• Outcome of resolution 5 not disclosed in filing.
• Outcome of resolution 6 not disclosed in filing.
• Outcome of resolution 7 not disclosed in filing.
• Outcome of resolution 8 not disclosed in filing.

Dividend

• Final dividend proposal for FY2025-26.

Director Changes

• Kishan Parikh re-appointed as Director (retiring by rotation).
• Ajay Relan re-appointed as Executive Chairperson (Whole Time Director).

Auditor Appointments

• Remuneration of Cost Auditors Gurdeep Singh & Associates ratified.

Material Related Party Transactions

• No material RPTs disclosed in the excerpt.

Other Material Approvals

• No other material approvals reported for the AGM.