Ahmedabad Steelcraft Ltd conducted its 54th Annual General Meeting on September 26, 2026, through Video Conferencing/Other Audio Visual Means. The meeting focused on the adoption of audited financial statements for FY26 and the reappointment of key leadership.

The proceedings commenced at 1:11 pm and concluded at 1:34 pm. A total of 24 members attended the virtual meeting out of 3,266 shareholders recorded as of the cut-off date of September 19, 2026. The company adhered to all applicable MCA and SEBI circulars regarding virtual general meetings.

Board and management participation

The meeting was chaired by Rohit Pandey, Director and Chairman. The following directors and key managerial personnel participated through the virtual platform:

Anuja Jain served as the Company Secretary and Compliance Officer. Statutory Auditor Prateek Gupta of M/s. Prateek Gupta & Co. and Secretarial Auditor Nisarg Sharma were present by invitation.

Resolutions passed

The shareholders considered and passed four ordinary resolutions as outlined in the notice:

1. Adoption of the audited standalone balance sheet, statement of profit and loss, cash flow statement, and notes for the year ended March 31, 2026.
2. Appointment of Rohit Pandey (DIN: 03425671) in place of himself, who retired by rotation and offered himself for reappointment.
3. Appointment of the Secretarial Auditor.
4. Approval of material related party transactions.

Chairman’s address and voting

Rohit Pandey greeted shareholders and expressed gratitude to customers, partners, and employees for their continued support. He briefly apprised members of the company's performance during FY26, emphasizing a strategy of transforming challenges into opportunities.

Remote e-voting was facilitated through the CDSL platform prior to and during the meeting. CS Nisarg Sharma acted as the scrutinizer. The consolidated results of the e-voting are expected to be announced within two working days of the conclusion of the AGM.

Ahmedabad Steelcraft has scheduled its 54th Annual General Meeting (AGM) for Saturday, September 26, 2026. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means in compliance with the Companies Act, 2013.

The Board of Directors approved the notice during its session on August 31, 2026. Shareholders holding equity shares as of the cut-off date will be eligible to vote.

Key Agenda Items

The AGM will transact both ordinary and special business. The key resolutions include:

• Director Re-appointment: Re-appointment of Mr. Rohit Pandey (DIN: 03425671), who retires by rotation and offers himself for re-appointment.
• Adoption of Financials: Adoption of the audited standalone financial statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.
• Secretarial Auditor Appointment: Appointment of M/s. Nisarg Sharma & Associates as Secretarial Auditors for five consecutive financial years from April 1, 2026, to March 31, 2031.
• Related Party Transactions: Omnibus approval for material related party transactions with ABI Energy Solutions Limited and ABI Infratech Private Limited for FY27.

Related Party Transaction Details

The company seeks member approval for transactions with two promoter group entities. These transactions involve the purchase/sale of electrical goods and Engineering, Procurement, and Construction (EPC) services.

The Audit Committee unanimously approved these transactions on August 14, 2026, confirming they are at arm's length and in the ordinary course of business. The company's annual turnover as on March 31, 2026, was ₹22,127.82 lakh (excluding duties and taxes).

Voting and Logistics

The book closure period for determining voting eligibility is from Sunday, September 20, 2026, to Saturday, September 26, 2026. The cut-off date is Saturday, September 19, 2026.

Remote e-voting facility will be provided by Central Depository Services (India) Limited (CDSL). The voting period begins on Wednesday, September 23, 2026, at 9:00 am and ends on Friday, September 25, 2026, at 5:00 pm. M/s. Nisarg Sharma & Associates has been appointed as the scrutinizer for the e-voting process.

No dividend has been recommended for FY26.