Oriental Rail Infrastructure shareholders approved all nine resolutions proposed at the company's 35th Annual General Meeting held on September 8, 2026. The meeting was conducted via video conference and other audio-visual means.

The Company Secretary informed members that the requisite quorum was present. Mr. Saleh N. Mithiborwala was appointed as the Chairman of the meeting with the consent of the directors present.

Business Transacted

Members transacted both ordinary and special business items as outlined in the notice convening the AGM.

Ordinary Business

The following ordinary business items were addressed:

• Adoption of the Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors.
• Declaration of final dividend on Equity Shares for the financial year ended March 31, 2026.
• Re-appointment of Mr. Amitabh Sinha as a Director, who retires by rotation under Section 152(6) of the Companies Act, 2013.

Special Business

Shareholders approved several special business resolutions regarding board composition and corporate governance:

• Ratification of remuneration for the Cost Auditor.
• Re-appointment of Mrs. Sheetal Nagda as an Independent Director for a second term of five consecutive years.
• Appointment of Mr. Tahaa S Mithiborwala as Whole-time Director and approval of his remuneration.
• Appointment of Mr. Saleh N Mithiborwala as Managing Director, continuing his roles as Chairperson and Chief Financial Officer.
• Approval to advance loans, give guarantees, or provide security under Section 185 of the Companies Act, 2013.

Voting Results

Remote e-voting commenced on September 5, 2026, at 9:00 am and concluded on September 7, 2026, at 5:00 pm. Members who had already cast remote votes were ineligible to vote again during the meeting. Those who had not voted were given an additional 15 minutes at the end of the proceedings to cast their votes electronically.

Mr. Shiv Hari Jalan served as the Scrutinizer for both remote e-voting and voting at the AGM. The Company Secretary announced that the consolidated voting results and Scrutinizer’s Report would be submitted to the stock exchanges within 48 hours of the meeting's conclusion.

Participation Breakdown

As on the record date of September 1, 2026, there were 33,331 shareholders. A total of 51 shareholders attended the meeting through video conferencing, comprising 11 from the promoter group and 40 from the public category.

Promoter group shareholders cast votes in favour of 94.7099% of their outstanding shares, with unanimous support across all resolutions except Resolution 7 (remuneration approval for Mr. Tahaa S Mithiborwala), where they also voted unanimously in favour. Public non-institutional shareholders polled 12.7167% of their shares, with 99.9999% voting in favour for most resolutions. Resolution 7 saw 153 votes against from public non-institutions, resulting in a 99.9957% favour rate for that specific item.

Oriental Rail Infrastructure has entered into a technology development agreement with VNICTT, the design and engineering arm of Russia-based United Wagon Company (UWC). The partnership focuses on designing specific railway rolling stock components.

The deal involves the creation of a 25-tonne axle-load bogie and a solid-bottom gondola car. VNICTT is designated to handle the design, technical documentation, and support during testing.

Strategic Focus

This collaboration marks a move into specialized technology development for Oriental Rail Infra. By partnering with UWC’s engineering division, the company aims to enhance its capabilities in manufacturing high-specification railway equipment.

The specific focus on a 25-tonne axle-load bogie indicates an alignment with heavy-haul railway requirements, while the solid-bottom gondola car targets bulk material transport solutions. No financial value or duration for the agreement was disclosed in the filing.