Mitshi India Limited has scheduled its 36th Annual General Meeting (AGM) for September 29, 2026. The meeting will be conducted via video conferencing or other audio-visual means, with the book closure period running from September 23 to September 29, 2026.

The notice, issued under Regulation 30 of the SEBI (LODR) Regulations, 2015, outlines ordinary and special business items for shareholder approval. Key agenda items include the adoption of financial statements for FY26 and several governance-related resolutions.

Director Appointments and Reappointments

Shareholders will vote on the reappointment of Managing Director Kumar Vasantlal Shah (DIN: 01451912), who retires by rotation. He has held over three decades of experience in corporate leadership.

Additionally, the board seeks approval to regularize three additional directors appointed earlier in July 2026:

• Vicky Mahendra Anjaria (DIN: 11705357): To be regularized as a Non-Executive Non-Independent Director. He brings over 10 years of experience in steel trading and marketing.
• Gurdeep Singh (DIN: 11743371): To be appointed as an Independent Director for five years, from July 15, 2026, to July 14, 2031. He is a qualified Company Secretary.
• Rekha Rani Naraniwal (DIN: 08467886): To be appointed as an Independent Director for five years, from July 22, 2026, to July 21, 2031. She is a member of the Institute of Company Secretaries of India (ICSI).

Governance and Financial Resolutions

The AGM will also address critical governance matters:

• Secretarial Auditor: Appointment of M/s Vishakha Agrawal & Associates as secretarial auditor for FY27 to FY31, replacing M/s MK Samdani & Co.
• Investment Threshold: Approval to increase the threshold for loans, guarantees, and investments under Section 186 of the Companies Act, 2013, up to ₹100 crore.
• Related Party Transactions: Authorization for related party transactions up to ₹50 crore, subject to arm's length basis compliance.
• FPI Limit: Increase in the aggregate foreign portfolio investor holding limit to 49% of paid-up equity share capital, subject to FEMA compliance.
• Loans and Guarantees: Approval under Section 185 of the Companies Act, 2013, to advance loans or provide guarantees to subsidiaries or associates where directors are interested.

E-Voting Schedule

Remote e-voting will be facilitated by Central Depository Services Limited (CDSL). Shareholders must be on record as of September 22, 2026, to participate.

AGM Logistics

The meeting will be held virtually to ensure broad participation while adhering to regulatory guidelines.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE844D01017/a27a2ba1-37fe-460a-b212-9908cff97d92.pdf

Mitshi India Limited has accepted the resignation of M/s MK Samdani & Co. as its secretarial auditor, effective from the closing hours of September 4, 2026.

The firm, which holds Practicing Company Secretary Membership No. 41630, tendered its resignation due to professional and other commitments. The company stated that there are no concerns raised by the auditor regarding the management and no material reasons for the departure.

Regulatory Disclosure

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III. The filing also adheres to the SEBI Circular dated July 13, 2023.

Vicky Mahendra Anjaria, a director at the company, signed the intimation letter addressed to the Manager at BSE Limited. The resignation letter is dated September 4, 2026.