Advance Metering Technology Limited published the scrutinizer's report and voting results for its 15th Annual General Meeting (AGM) held on September 8, 2026. The company confirmed that all eight resolutions placed before shareholders were passed with the requisite majority.

The meeting, conducted through video conferencing, approved key governance appointments and strategic mandates. These decisions align with standard corporate compliance requirements under SEBI regulations.

Auditor Reappointment

Shareholders approved the reappointment of M/s. GSA & Associates LLP as the Statutory Auditors. The resolution received 97.35% support in favour. The firm will hold office for five years, extending from the conclusion of the current AGM until the 20th Annual General Meeting in 2031.

Board Appointment

Mrs. Ameeta Ranade was reappointed as a Non-Executive Director. Her term is set for five years, commencing on August 14, 2026, and concluding on August 13, 2031. Her Director Identification Number is 00006019.

Two separate resolutions addressed her appointment: an ordinary resolution for her retirement by rotation and a special resolution for her specific role as Non-Executive Director. Both received 94.51% support in favour.

Special Resolutions Passed

The AGM also approved several special resolutions critical to the company's operational flexibility:

• Approval to give loans or guarantees under Section 185 of the Companies Act, 2013 (80.33% in favour).
• Approval to make investments or provide security exceeding limits under Section 186 of the Companies Act, 2013 (80.33% in favour).
• Increase in the remuneration of the Managing Director within specified limits (95.93% in favour).

An ordinary resolution approving material related-party transactions with Industrial Solutions Corporation LLP also passed with 80.33% support.

Voting Participation

As of the record date of September 1, 2026, the company had 12,622 shareholders. Remote e-voting was open from September 5 to September 7, 2026. The total votes polled represented approximately 23.46% of outstanding shares for key ordinary resolutions.

Regulatory Disclosure

The company issued this disclosure under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015. The notice was signed by Alok Kumar Pandey, Company Secretary & Compliance Officer, on September 9, 2026.

Advance Metering Technology Limited reported losses for FY26, citing decreased sales and rising raw material costs during its 15th annual general meeting on September 8, 2026.

The company also secured shareholder approval for material related party transactions with Industrial Solutions Corporation LLP and an increase in the managing director’s remuneration.

Financial Performance and Operational Challenges

Prashant Ranade, Managing Director, informed members that the financial results were primarily attributable to a decrease in sales, increased raw material costs, operational challenges, lower demand, and exceptional expenses. Despite these headwinds, he stated the company has developed various products under its own brand and remains committed to its long-term vision.

The statutory auditors’ report and secretarial auditors’ report contained no qualifications, observations, or remarks regarding the financial statements for the year ended March 31, 2026.

Key Resolutions Passed

Shareholders voted on several ordinary and special business items during the virtual meeting, which was attended by 122 members. The key outcomes included:

• Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026.
• Reappointment of Mrs. Ameeta Ranade as a non-executive director, who retires by rotation.
• Appointment of M/s GSA & Associates LLP as statutory auditors.
• Approval of loans or guarantees under Section 185 of the Companies Act, 2013.
• Approval of investments, loans, guarantees, and security exceeding limits under Section 186 of the Companies Act, 2013.
• Approval of material related party transactions with Industrial Solutions Corporation LLP.
• Increase in the remuneration of the Managing Director within specified limits.

Meeting Proceedings

The meeting was chaired by Mrs. Ameeta Ranade, Chairperson & Non-Executive Director, in accordance with Article 64 of the Articles of Association. It commenced at 10:30 am via video conferencing and concluded at 11:25 am.

M/s Navneet K. Arora & Co. LLP served as the scrutinizer for the remote e-voting process conducted through NSDL. The Company Secretary confirmed that voting results would be placed on the company’s website and the NSDL e-voting portal.