Harsha Engineers International Limited's 15th Annual General Meeting (AGM), held on September 12, 2025, approved a dividend of ₹1 per equity share for the financial year ended March 31, 2025. The meeting, conducted via video conferencing, also included the adoption of audited financial statements and the appointment of directors.
Key decisions from the AGM:
- Approval of audited standalone and consolidated financial statements for the financial year ended March 31, 2025.
- Declaration of a dividend of ₹1 per equity share of ₹10 each for the financial year ended March 31, 2025.
- Appointment of Mr. Pilak Shah as a director, who retired by rotation and was eligible for re-appointment.
- Appointment of Ms. Hetal Naik as a director, who also retired by rotation and was eligible for re-appointment.
- Ratification of the remuneration of the Cost Auditors for the financial year 2025-26.
- Appointment of M/s Chirag Shah & Associates as Secretarial Auditor for a 5-year term, commencing from FY26 to FY30.
The meeting was chaired by Mr. Rajendra Shah, Chairman and Whole-time Director, who welcomed the members and other invitees. He noted that the virtual meeting was conducted in accordance with Ministry of Corporate Affairs guidelines, ensuring member participation and voting.
Mr. Kiran Mohanty, Company Secretary & Chief Compliance Officer, carried out the AGM proceedings. The auditors' reports were noted as clean and unmodified.
The company facilitated electronic voting for members, both remotely and during the AGM. The voting results will be declared upon receipt of the scrutinizer's report and posted on the company's website and stock exchanges.
The meeting concluded with Mr. Rajendra Shah thanking all members for their attendance and participation via video conferencing.
Directors Present:
- Mr. Rajendra Shah (Chairman & Whole-time Director)
- Mr. Harish Rangwala (Managing Director)
- Mr. Vishal Rangwala (CEO & Whole-time Director)
- Mr. Pilak Shah (COO & Whole-time Director)
- Mr. Ambar Patel (Independent Director)
- Dr. Bhushan Punani (Independent Director)
- Mr. Kunal Shah (Independent Director)
- Mr. Ramakrishnan Kasinathan (Independent Director)
In Attendance:
- Mr. Kiran Mohanty (Company Secretary & Chief Compliance Officer)
- Mr. Maulik Jasani (VP Finance & Group CFO)
- Mr. Chintan Shah (M/s. Pankaj R. Shah & Associates, Statutory Auditors)
- Mr. Chirag Shah (Chirag Shah & Associates, Secretarial Auditor and Scrutinizer during the AGM)
81 persons attended the AGM through Video Conferencing.
Mr. Rajendra Shah, Chairman and Whole-time Director declared the meeting as concluded and thanked all members for attending and participating in the AGM through video conferencing.
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