Delta Manufacturing Limited held its 44th Annual General Meeting on September 30, 2026. Shareholders approved the audited financial statements for the fiscal year ended March 31, 2026, alongside key governance resolutions.

The meeting was conducted via Video Conferencing and Other Audio-Visual Means. Dr. Ram H. Shroff, Managing Director and Executive Vice-Chairman, presided over the session as Chairman. Remote e-voting facilities were available from September 26 to September 29, 2026.

Key resolutions passed

The members considered and approved several items of ordinary and special business. The adoption of the consolidated financial statements and the reports of the Board and Auditors formed the primary agenda item.

Regarding directorship changes, Mr. Jaydev Mody was re-appointed as a director retiring by rotation. The company also sought approval for the continuation of Mr. Aurobind Patel as a Non-Executive Independent Director beyond the age limit of 75 years, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Related party transactions and remuneration

Special business included the approval of material related party transactions with two entities: MMG Ferrites Private Limited and Myra Mall Management Company Private Limited. Additionally, shareholders approved a revision in the remuneration of Dr. Ram H. Shroff.

The voting results were disseminated to stock exchanges and uploaded on the company website and NSDL platform within stipulated timelines. Mr. Ashish Jain of M/s. A.K. Jain & Co. served as the scrutinizer for the e-voting process.

Delta Manufacturing Limited has scheduled its 44th Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will commence at 3:30 pm via Video Conference or Other Audio-Visual Means (VC/OAVM). The company published the AGM notice in newspapers on September 8, 2026.

The company confirmed that the Annual Report for FY26 is available online. Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the firm has physically dispatched letters containing web-links to members who have not registered their email addresses with the company, depositories, or the Registrar & Share Transfer Agent (RTA).

Meeting Details

Shareholders holding shares in physical mode are requested to update their email addresses by writing to the RTA. Members with dematerialized shares should register or update their contact details with their respective Depositories (DPs). The Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026, both days inclusive.

Ordinary Business

The ordinary business items include receiving, considering, and adopting the Audited Standalone and Consolidated Financial Statements for FY26. Additionally, shareholders will vote on the re-appointment of Mr. Jaydev Mody (DIN: 00234797), who retires by rotation and is eligible for re-appointment.

Special Business

Director Continuation After Age 75

A special resolution seeks approval for the continuation of Mr. Aurobind Patel (DIN: 00016628) as Non-Executive, Independent Director after he attains the age of 75 years on January 7, 2027, pursuant to Regulation 17(1A) of the SEBI Listing Regulations.

Related Party Transactions

Shareholders will approve material related party transactions with two entities:

1. MMG Ferrites Private Limited (MFPL): Approval for transactions including sale of goods, services, electricity reimbursement, and Inter-Corporate Deposits (ICD) up to ₹6 crore at 10.45% p.a. MFPL is a joint venture of the company.
2. Myra Mall Management Company Private Limited (MMMCPL): Approval for availing ICD up to ₹30 crore at 8.15% p.a. from MMMCPL, an entity controlled by the promoter/director. This transaction is intended for working capital and capex investments.

Revision in Remuneration of Managing Director

A special resolution proposes a revision in the remuneration of Dr. Ram H. Shroff (DIN: 00004865), Managing Director and Executive Vice Chairman, effective April 1, 2026. The total remuneration shall not exceed ₹1.7 crore per annum. This revision is sought despite the company reporting a net loss of ₹914.10 lakh in FY26, governed by Section 197 read with Schedule V of the Companies Act, 2013.