McNally Bharat Engineering Company Limited has scheduled its 63rd Annual General Meeting for September 25, 2026. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means.

Shareholders will transact ordinary and special business items during the session. The notice was circulated to shareholders on September 3, 2026.

Ordinary Business

The agenda includes receiving and adopting the audited financial statements for the financial year ended March 31, 2026. This covers both standalone and consolidated reports along with the Directors’ and Auditors’ reports.

Ms. Poonam Singhania retires by rotation at this meeting. Being eligible, she offers herself for reappointment as a Non-Executive Non-Independent Director.

The company seeks approval to appoint M/s. Singhi & Co., Chartered Accountants, as Statutory Auditors. They will replace the retiring auditors, M/s. V. Singhi & Associates. The appointment is for a term of five consecutive years.

Special Business

A special resolution seeks member consent for Mr. Mehar Chand Thakur to continue as a Non-Executive Independent Director upon attaining the age of 75 years. He was originally appointed for a five-year term ending October 21, 2030.

The Board also requests ratification of remuneration for Cost Auditors M/s. A. Bhattacharya & Associates for the financial year ending March 31, 2027. The approved fee is ₹2,00,000 plus applicable taxes and out-of-pocket expenses.

What the Numbers Show

The cost auditor remuneration remains fixed at ₹2,00,000 for the upcoming fiscal year. This indicates stable compliance costs for statutory audit requirements without year-over-year escalation in professional fees.