Ahmedabad Steelcraft Ltd passed all four ordinary resolutions at its 54th Annual General Meeting held on September 26, 2026, through Video Conferencing. The scrutinizer's report was filed with BSE on September 29, 2026.

The meeting commenced at 1:11 pm and concluded at 1:34 pm. A total of 24 members attended the virtual meeting out of 3,226 shareholders recorded as of the cut-off date of September 19, 2026. Among those attending via video conferencing, 5 were from the Promoter and Promoter Group and 19 were from the public. 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

Shareholders considered and passed four ordinary resolutions as outlined in the notice. The resolutions are deemed passed on September 26, 2026, being the date of the AGM.

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 M/s. Nisarg Sharma and Associates, Practicing Company Secretaries (COP No. 17088), as Secretarial Auditors.
4. Approval of material related party transactions.

Voting results

Remote e-voting was facilitated through the CDSL platform from September 23, 2026 at 9:00 am to September 25, 2026 at 5:00 pm. Nisarg Sharma of M/s Nisarg Sharma & Associates acted as scrutinizer. The consolidated voting results across all resolutions are presented below.

For Resolutions 1, 2, and 3, the voting pattern was identical. Total votes polled stood at 1,21,40,919 out of 1,50,92,000 shares, representing 80.4461% of outstanding shares.

For Resolution 4 (material related party transactions), votes cast in favour by related parties were excluded per Regulation 23(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Affirmative votes cast by 5 Related Party/Promoter/Promoter Group shareholders aggregating to 1,07,77,031 equity shares were treated as invalid and not considered for approval of this resolution.

No invalid votes were recorded for Resolutions 1, 2, or 3.

Chairman's address and e-voting process

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, emphasising a strategy of transforming challenges into opportunities. After the conclusion of the AGM, votes cast at the meeting and through remote e-voting were unblocked from the CDSL e-voting website in the presence of Ms. Prerna Jain and Ms. Sonia Sabanani, who are not employees of the company. The scrutinizer's consolidated report was countersigned by Managing Director Sunil Dutt Pandey and submitted to BSE on September 29, 2026.

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.