Mukat Pipes Limited has disclosed the consolidated voting results for its 39th Annual General Meeting held on September 28, 2026. The scrutinizer's report confirms that all resolutions, including the special resolution to dispose of the company's undertaking and the reappointment of key directors, were passed with overwhelming majority support.

The meeting, conducted via Video Conferencing and Other Audio Visual Means, saw remote e-voting open from September 24 to September 27, 2026. Mr. Sudeshkumar V. Joshi, Chartered Accountant, served as the scrutinizer, validating the votes cast through MUFG Intime India Pvt. Ltd’s platform.

Key Resolution Outcomes

The following table summarizes the voting results for the critical resolutions transacted at the AGM:

Director Reappointments

Members approved the reappointment of Mrs. Sandeep Kaur Ahluwalia as Whole Time Director for a period of three years, effective October 1, 2026, to September 30, 2029. Additionally, Mr. Roopinder Singh was reappointed as Chairman cum Executive Director for three years, effective July 1, 2026, to June 30, 2029. Both appointments received requisite majority approval under special resolutions.

Mrs. Ahluwalia, holding DIN 01355454, has been associated with the company since 2007 and previously served as Vice President of Surindra Engg. Co. Ltd. She is the sister of Mr. Roopinder Singh (DIN 01239483), who brings 38 years of experience in the Iron and Steel Industry and 22 years in Banking. Both are promoters with control over decision-making processes.

Disposal of Undertaking

A significant development was the passage of the special resolution approving the sale, lease, or otherwise disposal of the whole or substantially the whole of the company's undertaking. This resolution garnered 99.9991% assent from the total valid votes cast, indicating strong shareholder alignment with this strategic move.

What the Numbers Show

The voting data reveals a distinct pattern in shareholder engagement across different resolution types. While routine matters like financial statement adoption and director reappointments saw near-unanimous support with dissent below 0.01%, the special resolutions regarding remuneration and tenure extensions for directors recorded higher dissent levels, ranging between 4.4% and 4.7%. However, the disposal of undertaking, despite being a major strategic shift, attracted minimal dissent (0.0009%), mirroring the support levels seen in routine administrative resolutions.

Mukat Pipes Limited will hold its 39th Annual General Meeting on Monday, September 28, 2026. The meeting is scheduled to commence at 2:00 pm and will be conducted exclusively through Video Conferencing or Other Audio Visual Means.

Meeting Logistics and Compliance

The company convened the meeting in adherence to the Companies Act, 2013, and relevant Ministry of Corporate Affairs circulars, including the latest issued on September 22, 2025. It also complies with SEBI Listing Regulations. Shareholders can participate remotely using the facility provided by MUFG Intime India Private Limited.

Document Availability

The electronic copy of the Annual Report for FY26, along with the AGM notice, financial statements, and statutory reports, is available on the company’s website and the BSE website. Physical copies of the annual report are sent only upon specific request from shareholders.

Voting Procedures

The company offers remote e-voting and e-voting during the meeting. Members holding shares as on the cut-off date can cast their votes electronically. Detailed instructions for registration and voting are included in the AGM notice.

Shareholders who have not registered their email addresses must provide necessary details such as folio numbers, PAN, and Aadhaar cards to receive login credentials. The company coordinates with MUFG to facilitate this process.