Bajaj Steel Industries Limited has disclosed the voting results of its 65th Annual General Meeting (AGM) held on September 23, 2026. The company filed the scrutinizer’s report with BSE Limited on September 24, 2026, confirming that all proposed resolutions were passed with requisite majority.

The AGM was held physically at Udyam Hall, Udyog Bhawan, Civil Lines, Nagpur. Chairman and Managing Director Rohit Bajaj chaired the session. The meeting commenced at 4:00 pm and concluded at 4:30 pm. Statutory and secretarial auditors were present to address member queries. Remote e-voting was available from September 20 to September 22, 2026.

Key resolutions passed

Shareholders transacted both ordinary and special business items as outlined in the notice. The key approvals included:

• Adoption of audited standalone and consolidated financial statements for FY26.
• Declaration of a final dividend of ₹1 per equity share.
• Re-appointment of Deepak Batra as Director, retiring by rotation.
• Ratification of remuneration payable to the Cost Auditor.

Voting results summary

The combined scrutinizer’s report details the votes cast through remote e-voting and physical poll. Total valid votes cast across all resolutions stood at 11,984,552. The following table summarizes the voting pattern for each resolution:

Siddharth Sipani, Proprietor of M/s Siddharth Sipani & Associates, served as the independent scrutinizer. The results were announced within two working days of the meeting's conclusion, consistent with regulatory timelines.

Directors present

All six directors attended the meeting physically. The Company Secretary, Rachit Jain, welcomed members and confirmed that the Annual Report had been sent to registered email addresses. For shareholders without registered emails, web links to the report were provided per SEBI regulations.

Bajaj Steel Industries has scheduled its 65th Annual General Meeting for September 23, 2026. The meeting will convene at Udyam Hall in Nagpur to approve financial statements and declare dividends.

The Board of Directors has recommended a final dividend of ₹1 per equity share for the fiscal year ended March 31, 2026. Shareholders on record as of September 16, 2026, will be eligible for the payout. The company’s register of members and share transfer books will remain closed from September 17 to September 23, 2026.

Agenda Highlights

The ordinary business agenda includes the adoption of audited standalone and consolidated financial statements for FY26. Additionally, the meeting will consider the re-appointment of Deepak Batra as an executive director, who retires by rotation.

Under special business, shareholders will ratify the remuneration payable to M/s Rakesh Misra & Co., the appointed cost auditors. The approved fee is ₹1,00,000 plus applicable taxes and out-of-pocket expenses for the audit of cost records for FY27.

Voting and Logistics

Remote e-voting is available via Central Depository Services (India) Limited. The voting window opens on September 20, 2026, at 9:00 am and closes on September 22, 2026, at 5:00 pm. Physical attendance is also permitted for those who have not voted electronically.

Dividends will be paid electronically in compliance with SEBI regulations effective April 1, 2024. Shareholders holding physical shares must provide updated KYC details, including PAN and bank account information, to facilitate payment. Tax deduction at source (TDS) will apply as per the Income Tax Act, 1961.