Divgi TorqTransfer Systems shareholders approved all resolutions at its 61st Annual General Meeting held on September 18, 2026. The final dividend of ₹3.27 per equity share for FY26 received unanimous support, alongside the reappointment of key directors and approval of special incentives for top management.

The virtual meeting, presided over by Chairperson Mr. Praveen Kadle, commenced at 2:30 pm and concluded at 4:17 pm. A total of 46 members attended via video conferencing or authorized representatives, maintaining the requisite quorum under Section 103 of the Companies Act, 2013.

Governance and Attendees

Key managerial personnel in attendance included Managing Director Mr. Jitendra Divgi, Chief Financial Officer Mr. Sudhir Mirjankar, and Chief Operating Officer Mr. Dipak Vani. Independent directors Mr. Pradip Dubhashi and Ms. Geeta Tolia were also present. The statutory auditors, represented by Mr. Amit Mahadik of B K Khare and Co., attended the proceedings.

Voting Results

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. The Scrutinizer’s Report, submitted by CS Mrunmayee Sathaye of Kanj & Co. LLP, confirmed the following outcomes:

Note: For special incentive resolutions, four interested shareholders abstained from voting. Their votes were excluded from percentage calculations.

Participation Breakdown

The company disclosed detailed participation metrics for the AGM. Out of 21,373 shareholders on the record date of September 10, 2026, voting participation varied significantly between promoter and public categories.

Promoter and Promoter Group shareholders held 18,516,663 shares and polled 17,803,863 votes via e-voting, representing a 96.15% turnout of outstanding shares in this category. Public Institutional shareholders held 8,070,847 shares and polled 7,081,847 votes, an 87.75% turnout.

In contrast, Public Non-Institutional shareholders showed lower engagement. Holding 3,995,417 shares, they polled only 688,405 votes (17.23% turnout), combining e-voting (416,070 votes) and poll voting (272,335 votes). Overall, 25,574,115 votes were polled out of 30,582,927 outstanding shares, resulting in an aggregate participation rate of 83.62%.

Business Transacted

Shareholders transacted the following ordinary business:

• Adoption of audited standalone financial statements for the financial year ended March 31, 2026
• Declaration of final dividend of ₹3.27 per equity share of face value ₹5 each
• Reappointment of Mr. Sanjay Bhalchandra Divgi as director retiring by rotation
• Reappointment of Mr. Bharat Bhalchandra Divgi as director retiring by rotation
• Appointment of M/s. Kirtane & Pandit LLP as statutory auditors until the conclusion of the 66th AGM

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

Audit and Compliance

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. The consolidated e-voting data has been handed over to the Company Secretary in electronic form.

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.