Nupur Recyclers Limited held its first Extra-ordinary General Meeting (EGM) for the financial year 2026-27 on July 10, 2026, through video conferencing. The meeting sought shareholder approval for alterations to the company's objects clause, remuneration for the Managing Director, and the continuation of directorships for existing directors serving five years or more. Additionally, the meeting addressed several material related party transactions, which are critical for the company's operational continuity. All resolutions were passed with the requisite majority as per the scrutinizer's report submitted by Mr. Arun Goel, Proprietor of Arun Goel & Associates.

The EGM was conducted in compliance with the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ms. Shilpa Verma, Company Secretary & Compliance Officer, confirmed the requisite quorum and managed the proceedings. Remote e-voting was facilitated from July 7, 2026, to July 9, 2026, allowing members to participate electronically. The e-voting facility remained open for 15 minutes after the conclusion of the meeting to ensure all eligible shareholders could cast their votes. No votes were cast during the physical meeting via video conferencing.

Shareholders approved eight resolutions during the meeting. The resolutions included the alteration of the objects clause and the approval of remuneration payable to Mr. Rajesh Gupta. Furthermore, the company secured approval for material related party transactions with specific entities. These transactions involve dealings between Nupur Recyclers Limited and Frank Metals Recyclers Limited, Tycod Autotech Private Limited, and Nupur Extrusion Private Limited. Additional approvals were granted for transactions between Frank Metals Recyclers Limited and the other related entities.

The scrutinizer's report noted that 68 members cast their votes through remote e-voting, holding 50,981,340 shares. Promoter group votes for certain related party resolutions were treated as invalid in accordance with Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The final voting results were declared on July 13, 2026, and have been uploaded to the company's website and the National Stock Exchange of India Limited.

The following table summarizes the voting results for the special business transacted at the EGM:

nupur recyclers has appointed Ms. Nimisha Jain as an Additional Director in the category of Non-Executive Independent Director for a term of five years, effective July 06, 2026. The appointment, approved by the Board during its meeting held on July 06, 2026, strengthens the company's governance structure with the addition of an experienced professional. The decision is subject to the approval of shareholders at the ensuing Annual General Meeting, in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ms. Jain brings extensive experience in corporate governance, regulatory compliance, and secretarial functions, having worked with reputed organisations such as TCS and HCL. She is a qualified Company Secretary and holds a Bachelor of Commerce (Honours) degree from the University of Delhi. Her background includes contributions to training and development in the education sector, along with familiarity with regulatory requirements and fiduciary responsibilities applicable to Independent Directors.

The appointment details were disclosed to the National Stock Exchange India Limited under Regulation 30 and Regulation 33 of the SEBI Listing Regulations. The disclosures regarding the new director are detailed in Annexure A of the regulatory filing. Ms. Jain is not related to any Director on the Board of Nupur Recyclers Limited and satisfies the criteria of independence as envisaged under Section 149(6) of the Companies Act, 2013 and Schedule IV of the Act.

Appointment Details

The Board meeting, which commenced at 04:00 P.M. and concluded at 04:30 P.M. on July 06, 2026, approved the appointment for a first consecutive term of five years ending on July 05, 2031. The director shall not be liable to retire by rotation. The company confirmed that Ms. Jain does not appear to have any disqualifications under the Companies Act, 2013, and is capable of exercising independent judgment in the interest of the company.