MPDL Limited passed all three resolutions at its 24th Annual General Meeting held on September 29, 2026. The meeting, conducted via video conferencing, saw the adoption of standalone and consolidated financial statements for FY26.

The company also approved the re-appointment of Rajesh Paliwal as a director and the appointment of Kunal Kapoor as whole-time director. All resolutions were passed with the requisite majority as confirmed by the scrutinizer's report dated September 30, 2026.

Voting participation and outcomes

A total of 74,12,524 equity shares were outstanding. Remote e-voting commenced on September 26, 2026, and ended on September 28, 2026. The voting process was scrutinized by Kapil Dev Taneja of Sanjay Grover & Associates.

The following table summarizes the voting results for the three ordinary resolutions:

What the numbers show

The voting data reveals a significant divergence between promoter and public shareholder engagement. Promoter and promoter group members, holding 55,57,730 shares, cast votes for all resolutions with 100% support. In contrast, public non-institutional shareholders, holding 15,45,033 shares, had a much lower participation rate, with only 4,40,300 shares voted. This indicates that the outcome was heavily influenced by the promoter block, which constituted approximately 75% of the total voted shares across all resolutions.

MPDL Limited has scheduled its 24th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be held at 3:30 pm through Video Conference or Other Audio Visual Means, in compliance with Ministry of Corporate Affairs and SEBI circulars.

The primary agenda includes the appointment of Mr. Kunal Kapoor as Whole-time Director and Key Managerial Personnel. The Board seeks shareholder approval for a three-year tenure commencing from August 13, 2026, with a fixed annual remuneration of ₹10,67,321.

Key Resolutions

Shareholders will vote on the following ordinary business items:

• Adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026.
• Re-appointment of Mr. Rajesh Paliwal as a Non-Executive Non-Independent Director, who retires by rotation.

Leadership Changes

Mr. Santosh Kumar Jha resigned as Whole-time Director effective August 13, 2026. Mr. Kapoor, who possesses over 16 years of experience in the real estate sector, was appointed as an Additional Director on the same date pending member approval.

Voting Details

The remote e-voting facility is available from Saturday, September 26, 2026, at 9:00 am until Monday, September 28, 2026, at 5:00 pm. Members holding shares as on the cut-off date of Tuesday, September 22, 2026, are eligible to cast their votes electronically via National Securities Depository Limited.

Accessing Documents

The Annual Report for FY26 and the AGM Notice are available electronically. Shareholders whose email IDs are not registered can access these documents via the company website at www.mpdl.co.in under the Investors section.