Divgi TorqTransfer Systems held its 61st Annual General Meeting on September 18, 2026. The virtual meeting addressed ordinary business items including the adoption of financial statements for FY26 and the declaration of final dividends.

The meeting commenced at 2:30 pm and concluded at 4:17 pm via video conferencing. Shareholders present included 46 members attending through VC/OAVM or authorized representatives. The requisite quorum under Section 103 of the Companies Act, 2013 was maintained throughout the proceedings.

Governance and Attendees

Mr. Praveen Kadle, Chairperson, presided over the meeting. Key managerial personnel in attendance included Mr. Jitendra Divgi, Managing Director; Mr. Sudhir Mirjankar, Chief Financial Officer; and Mr. Dipak Vani, Chief Operating Officer.

Independent directors present included Mr. Pradip Dubhashi and Ms. Geeta Tolia. The statutory auditors, represented by Mr. Amit Mahadik of B K Khare and Co., were also in attendance.

Business Transacted

Shareholders transacted the following ordinary business:

• Adoption of accounts for the financial year ended March 31, 2026
• Declaration of final dividend
• Reappointment of Mr. Sanjay Bhalchandra Divgi as director retiring by rotation
• Reappointment of Mr. Bharat Bhalchandra Divgi as director retiring by rotation
• Appointment of statutory auditors

Special business included considerations for payment of special incentives to Mr. Jitendra Divgi, Managing Director, and Mr. Hirendra Divgi, Executive Director.

Audit and Voting

The Company Secretary confirmed that the statutory auditor’s report contained no qualifications, observations, or adverse comments on the financial statements. Consequently, the report was taken as read.

MUFG Intime India Private Limited facilitated remote e-voting from September 15 to September 17, 2026. Additional voting was available for 30 minutes post-meeting for shareholders who had not voted remotely. The Scrutinizer’s Report is expected within two working days.

What the Numbers Show

The absence of qualifications in the statutory audit report indicates clean financial reporting for FY26. This suggests strong internal controls and compliance with accounting standards during the period under review.

Divgi Torqtransfer Systems has cancelled its scheduled meetings with institutional investors and analysts. The physical event, organized by Emkay Global, was set for September 8, 2026, in Mumbai.

Cancellation Details

The company informed the exchanges on September 9, 2026, that the meetings have been called off due to exigencies. This disclosure supersedes the earlier intimation issued on September 3, 2026, which had announced the schedule.

Regulatory Disclosure

The cancellation was disclosed pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Hirendra Divgi, Whole-Time Director, signed the communication dated September 9, 2026.