RattanIndia Power Limited has appointed T R Chadha & Co. LLP as its statutory auditors for a five-year term, effective from the conclusion of the 19th Annual General Meeting (AGM) held on September 24, 2026. The appointment was approved by shareholders alongside the adoption of FY26 financial statements and other governance resolutions.

The meeting, chaired by Rajiv Rattan, commenced at 3:00 pm and concluded at 3:39 pm via Video Conferencing. A total of 19,43,464 shareholders were on the record as of September 17, 2026. The Company Secretary, Lalit Narayan Mathpati, confirmed that all statutory registers and documents were available for electronic inspection during the session.

Board attendance and governance

The Board of Directors participated fully in the virtual proceedings. Key independent directors, including Dr. Virender Singh (Audit Committee Chair) and Ajay Kumar Tandon (Nomination & Remuneration Committee Chair), were present alongside Whole Time Directors Himanshu Mathur and Ravi Kumar Pakalapati. CFO Manish Chitnis also attended to address financial queries.

Audit and compliance status

The Chairman highlighted that the outgoing Statutory Auditors, M/s Walker Chandiok & Co LLP, issued a report dated May 7, 2026, without any qualifications or adverse remarks regarding financial transactions. Similarly, the Secretarial Audit conducted by M/s Sanjay Khandelwal & Co remained unqualified. This dual clearance suggests robust internal controls and compliance with SEBI (LODR) Regulations, 2015.

Voting results and resolutions

Shareholders exercised their voting rights through a remote e-voting facility available from September 21 to September 23, 2026. An additional e-voting window was provided during the AGM for attendees who had not voted remotely. Mr. Sanjay Khandelwal served as the Scrutinizer to ensure a fair and transparent process. The consolidated voting results are as follows:

The appointment of T R Chadha & Co. LLP is effective from the conclusion of the 19th AGM until the conclusion of the 24th AGM. The firm, established in May 1946, brings over seven decades of expertise in audit, tax, risk, and advisory domains. The resolution regarding the re-appointment of Chairman Rajiv Rattan, who was liable to retire by rotation, received support from both promoter and public shareholders.

Shareholder participation details

The scrutinizer's report detailed the participation levels across different shareholder categories. For the adoption of financial statements, promoters voted in favor of the resolution with 100% of their shares polled. Public institutional shareholders also voted unanimously in favor. Public non-institutional shareholders showed slight dissent on certain items, such as the re-appointment of directors and auditor appointments, but the overall majority remained secure.

For the appointment of Dhruv Rattan Nashier as Vice President, a significant portion of promoter shares abstained from voting or were not polled, while institutional investors voted overwhelmingly against the resolution. Despite this, the resolution passed due to the high concentration of promoter votes in favor relative to the total votes cast for that specific item.

The results were declared in compliance with Regulation 44(3) of the SEBI Listing Regulations, ensuring transparency in the corporate governance process.

RattanIndia Power has scheduled its 19th Annual General Meeting for September 24, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means. Shareholders holding shares as on the cut-off date are eligible to vote electronically.

The company announced that the register of members and share transfer books will remain closed from September 18, 2026, to September 24, 2026, both days inclusive. This book closure period ensures accurate determination of shareholder entitlements for the AGM.

E-Voting Schedule

Remote e-voting will commence at 10:00 am on September 21, 2026, and end at 5:00 pm on September 23, 2026. The facility is provided through KFin Technologies Limited. Once a vote is cast, it cannot be changed subsequently.

Members who have not cast their votes via remote e-voting may do so during the AGM. Those who voted remotely may attend the meeting but cannot vote again. The cut-off date for determining voting eligibility is September 17, 2026.

Document Access

The notice of the AGM and the Annual Report for FY26 are available on the company website and the stock exchange portals. Shareholders without registered email addresses received a letter with web links to access these documents in compliance with SEBI Listing Regulations.

Mr. Sanjay Khandelwal of S. Khandelwal & Co., Practising Company Secretary, has been appointed as the Scrutiner to oversee the electronic voting process.