Ajax Engineering Limited held its 34th Annual General Meeting on September 28, 2026, through video conferencing. The meeting focused on adopting the audited financial statements for the fiscal year ended March 31, 2026, and securing the re-appointment of its executive leadership.

The proceedings, which commenced at 9:32 am and concluded at 10:12 am, were conducted in compliance with the Companies Act, 2013, and SEBI Listing Regulations. Members participated remotely, with the requisite quorum established through video conference as per Ministry of Corporate Affairs circulars.

Key resolutions passed

The shareholders approved several critical items of business, including the adoption of annual reports and directorial appointments. The statutory auditors issued an unqualified opinion on the reports for FY26, indicating no material misstatements or limitations in scope.

Leadership continuity

Mr. Krishnaswamy Vijay, the Whole Time Director and Executive Chairman, retired by rotation during the meeting. Being eligible, he offered himself for re-appointment, which was duly approved by the members. This ensures continuity in the company’s strategic direction following a year of operational activity.

Voting and compliance details

Remote e-voting facilities were provided to all members from September 25 to September 27, 2026. Members who did not participate in remote voting had the option to cast votes during the live meeting. The scrutinizer appointed by the Board supervised the e-voting process to ensure transparency and adherence to regulatory norms.

Five members registered as speakers and utilized the opportunity to query the Board regarding business operations and financial performance. The Chairman addressed these queries before the meeting concluded with a vote of thanks.

Ajax Engineering Limited will host a group meeting for analysts and institutional investors on September 29, 2026, starting at 10:00 am IST. The interaction will take place at the company's manufacturing facility in Bengaluru, Karnataka.

Meeting details and format

The session is scheduled as a group discussion rather than individual one-on-one meetings. Company officials will engage with participants to discuss business updates and operational performance. The event is structured to facilitate broader access to management for the investment community.

Regulatory compliance and disclosure

The intimation was filed pursuant to Regulation 30(6) read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that discussions will be strictly based on publicly available information. No unpublished price sensitive information (UPSI) is intended to be shared during the interactions.

The filing noted that changes to the schedule may occur due to exigencies on the part of the participants or the company. The notice was signed by Shruti Vishwanath Shetty, Company Secretary and Compliance Officer, on September 24, 2026.