Energy Development Company has scheduled its 31st Annual General Meeting for Saturday, September 26, 2026. The hybrid event will be held at the company’s registered office in Kodagu, Karnataka, with remote participation available via video conferencing.

The meeting aims to transact ordinary business, including the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. Shareholders will also vote on the re-appointment of Ms. Disha Kumari Singh as a non-executive director.

Special Business Agenda

A key item on the special business agenda is the ratification of remuneration for cost auditors. The Board seeks approval for M/s. N. Radhakrishnan & Co. to conduct the audit of cost records for the financial year ending March 31, 2027. The approved remuneration stands at ₹60,000, plus applicable taxes and reimbursement of out-of-pocket expenses.

Voting and Record Dates

The register of members and share transfer books will remain closed from Monday, September 21, 2026, to Saturday, September 26, 2026. Only shareholders recorded in the register as on September 19, 2026, are eligible to vote.

Remote e-voting is open from September 23, 2026, to September 25, 2026. Members who exercise their voting rights remotely may attend the meeting but cannot vote again during the live session.

What the Numbers Show

The disclosure highlights a structured governance process for a specialized infrastructure entity. The relatively modest cost auditor fee of ₹60,000 suggests focused operational auditing requirements, typical for hydroelectric projects with established compliance frameworks. The re-appointment of a director with no shareholding indicates a reliance on external oversight rather than promoter-aligned board composition.

The promoter group of energy development company Limited, comprising Sarvottam Caps Private Limited and other members, holds a 58.139% stake in the company. The group collectively owns 2,76,16,041 equity shares as on 31 March 2026. This disclosure confirms that no encumbrance was created on any of these shares during the financial year ended 31 March 2026.

Sarvottam Caps Private Limited submitted the declaration to the National Stock Exchange of India Limited and BSE Limited. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The document was signed by Satyendra Pal Singh, Director of Sarvottam Caps Private Limited.

Shareholding Breakdown

The detailed shareholding pattern of the promoter group as on 31 March 2026 is outlined below:

The declaration explicitly states that neither the promoters nor persons acting in concert have made any direct or indirect encumbrance on these shares during the specified financial year.