Nitco Limited concluded its 60th Annual General Meeting on September 17, 2026. The virtual gathering focused on routine corporate governance matters, including the approval of the company’s audited standalone and consolidated financial results for the fiscal year ended March 31, 2026.

The meeting was conducted through Video Conferencing or Other Audio-Visual Means, commencing at 11:30 am and concluding at 12:50 pm. Vivek Talwar, Chairman and Managing Director, presided over the proceedings. He confirmed the presence of the requisite quorum as per Section 103 of the Companies Act, 2013.

Key Resolutions Passed

Shareholders voted on four ordinary resolutions during the event. The primary agenda item involved the adoption of the audited financial statements for FY26, accompanied by the reports of the Board of Directors and statutory auditors. These documents had been circulated to members prior to the meeting.

Ms. Poonam Talwar, who retires by rotation, offered herself for re-appointment as a Non-Executive Director. Members also approved the re-appointment and remuneration structure for the company’s cost auditor.

Related Party Transactions

A significant governance update involved the revision of limits for material related-party transactions with M/s. Authum Investment & Infrastructure Limited. This resolution aligns with Section 188 of the Companies Act, 2013 and Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Attendance and Voting

Sixty-four shareholders attended the meeting virtually. The company provided e-voting facilities via the National Securities Depository Limited platform. Remote e-voting was available from September 12, 2026, at 9:00 am until September 16, 2026, at 5:00 pm. An additional 15-minute window for venue e-voting was provided at the conclusion of the formal proceedings.

B. Durgaprasad Rai served as the scrutinizer for the voting process. The consolidated results, including votes cast during both remote and venue periods, were declared on the date of the AGM.

Nitco Limited appointed Arihant Kothari as Company Secretary and Compliance Officer on September 15, 2026. The Board also designated him as Key Managerial Personnel.

The appointment follows a recommendation from the Nomination and Remuneration Committee. Mr. Kothari assumes the role of Senior Management Personnel effective immediately.

Appointment Details

The Board approved the appointment during its meeting held on Tuesday, September 15, 2026. The meeting commenced at 3:00 pm and concluded at 3:40 pm.

Mr. Kothari holds Membership No. A81823. He is designated as Key Managerial Personnel under Section 203 of the Companies Act, 2013.

Professional Profile

Arihant Kothari is a qualified Company Secretary, Chartered Accountant, and Cost and Management Accountant. He brings over 14 years of experience across manufacturing, trading, and service sectors.

His expertise includes financial reporting, budgeting, costing, treasury, taxation, corporate compliance, internal controls, risk management, and ERP implementation. He has exposure to both plant-level financial operations and corporate-level strategic finance.

Key Managerial Personnel

The company disclosed the following Key Managerial Personnel for determining materiality of events or transactions:

Investor grievances can be directed to investorgrievances@nitco.in or (022- 25772800).