Pennar Industries has scheduled its 50th Annual General Meeting (AGM) for Thursday, September 24, 2026. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM) starting at 11:00 am.

The company confirmed the schedule in a dispatch issued on September 2, 2026, from its Hyderabad office. The notice outlines specific ordinary and special business items to be transacted during the session.

Meeting Agenda

The primary objective of the 50th AGM is to adopt the audited financial statements for FY26. Shareholders will consider and adopt both the standalone and consolidated financial statements along with the reports of the Board of Directors and auditors.

Director Reappointment

The meeting will also address the reappointment of Mr. Eric James Brown (DIN: 07670880). He retires by rotation at this meeting and, being eligible, has offered himself for reappointment as a Non-Executive Non-Independent Director.

Mr. Brown holds a Graduate degree in Management Information Systems from the University of Hawaii. He brings over 30 years of experience in management, with expertise in leadership, strategic planning, and global business development. As of March 31, 2026, he held directorships in several entities including Pennar Global Inc and Iridium Automobiles Private Limited. He attended four Board meetings during FY26 and holds no shares in the company.

Cost Auditor Remuneration

Under special business, shareholders are asked to ratify the remuneration payable to M/s. Kandikonda & Associates., Cost Accountants (Registration No. 101361). The Board approved their appointment to conduct the cost audit for the financial year ending March 31, 2027. The proposed remuneration is ₹1,00,000 per annum, inclusive of all taxes, duties, and out-of-pocket expenses.

Voting and Participation Details

In compliance with MCA General Circular No. 09/2024 and SEBI Circular No. SEBI/HO/CFD/CFD-POD-2/P/CIR/2024/133, physical attendance is dispensed with. The facility for appointment of proxies is not available for this e-AGM.

Shareholders holding shares in demat mode must register their email addresses with their Depository Participants. Those holding physical shares must submit Form ISR1 to the Registrar and Share Transfer Agent, KFin Technologies Limited.

Remote e-voting will be facilitated by KFin Technologies Limited. The voting window opens on Monday, September 21, 2026, at 9:00 am and closes on Wednesday, September 23, 2026, at 5:00 pm. Once a vote is cast, it cannot be changed. Mr. Subhash Kishan Kandrapu, Practicing Company Secretary, has been appointed as the Scrutinizer to oversee the voting process.

The cut-off date for remote e-voting is fixed on Thursday, September 17, 2026. Members attending the meeting who have not cast their vote by remote e-voting shall be able to exercise their right at the meeting.

Regulatory Compliance

The process adheres to the Companies Act, 2013, and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Mirza Mohammed Ali Baig, Company Secretary and Compliance Officer, signed the notice. All AGM documents, including the Annual Report for FY26, will be distributed electronically.

Pennar Industries Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026, to the stock exchanges. The filing, mandated under SEBI Listing Regulations, provides a comprehensive overview of the company’s environmental, social, and governance performance for FY26.

The Hyderabad-based engineering firm reported a total turnover of ₹36,200.9 crore for the period. Its operations are split between diversified engineering activities, which contributed 51.71% of the turnover, and custom-designed building solutions, accounting for 48.29%.

Operational and Environmental Metrics

The company operates through 9 plants and 42 offices domestically, alongside 3 plants and 5 offices internationally. Exports constituted 1.43% of the total turnover during the fiscal year.

Energy efficiency improved significantly in FY26 compared to the previous year. Total energy consumption fell to 83,000.79 GJ from 118,454.63 GJ in FY25. Consequently, energy intensity per rupee of turnover decreased to 22.93 GJ per INR crore, down from 45.95 GJ per INR crore.

Water withdrawal increased to 114,863 kilolitres from 101,827 kilolitres in the prior year. However, water intensity per rupee of turnover declined to 31.73 KL per INR crore from 39.33 KL per INR crore. The company maintains a Zero Liquid Discharge plant for processing effluents.

Employee Welfare and Safety

Pennar Industries employed 2,292 permanent employees and engaged 3,568 workers at the end of FY26. Female representation among permanent employees stood at 9.16%, while the Board of Directors included one woman, representing 14.29% of the total board strength.

Safety performance showed marked improvement. The Lost Time Injury Frequency Rate (LTIFR) for workers dropped to 0.164 per million person-hours worked, compared to 2.01 in FY25. No fatalities were recorded among employees or workers during the year.

What the Numbers Show

The divergence between rising absolute resource usage and falling intensity metrics indicates that revenue growth outpaced environmental impact. While water withdrawal and waste generation volumes increased, the reduction in energy and carbon intensity suggests improved operational efficiency relative to the top line.