RCC Cements Limited held its 35th Annual General Meeting on September 30, 2026, at its registered office in New Delhi. The meeting was conducted through physical presence of members, with 26 attendees participating in person.

The session commenced at 11:00 am and concluded by 11:30 am. Mr. Sachin Garg, Chairman and Managing Director, chaired the proceedings. Six directors were present, including four independent directors who also served on key committees such as the Audit Committee and the Nomination and Remuneration Committee.

Voting and compliance procedures

Mr. Sandeep Singh, Company Secretary and Compliance Officer, informed members that voting rights could be exercised via remote e-voting or at the venue. The remote e-voting facility was active from September 27 to September 29, 2026. Mr. Kundan Agrawal, a practicing company secretary, was appointed as the scrutinizer for the voting process.

Attendees and governance structure

The company disclosed the presence of key managerial personnel and independent directors, ensuring adherence to corporate governance norms. The following table outlines the directors present at the meeting:

The Company Secretary confirmed that all statutory registers, including those for director shareholdings and related party contracts, were available for inspection by members during the meeting. The filing was submitted to BSE Limited in compliance with Regulation 30 of the SEBI Listing Regulations.

RCC Cements Limited has set September 24, 2026, as the record date for its 35th Annual General Meeting. The company will seek shareholder approval for the re-appointment of its Managing Director and authorize related-party transactions up to ₹25 crore.

The Board approved these resolutions in its meeting on August 31, 2026. The AGM is scheduled for September 30, 2026, at 11:00 am in physical mode at the company's registered office in New Delhi. Voting eligibility is determined as of September 24, 2026. Remote e-voting will be facilitated by NSDL from September 27 to September 29, 2026.

Director Re-appointments

The Board recommended re-appointing Mr. Sachin Garg as Managing Director for a five-year term from July 8, 2027, to July 7, 2032. This follows his initial appointment in September 2022. The move requires a special resolution at the AGM.

Additionally, Mrs. Madhu Sharma is liable to retire by rotation and offers herself for re-appointment as a Non-Executive Non-Independent Director, subject to an ordinary resolution.

Related Party Transactions

The company seeks omnibus approval for material related-party transactions totaling up to ₹25 crore until the next AGM. The transactions include:

• Borrowings: Up to ₹24.4 crore from M/s Omkam Global Capital Private Limited, a company where erstwhile director Mr. Mukesh Sharma serves as a director. These are unsecured loans for working capital and business requirements.
• Remuneration: Up to ₹60 lakh for Key Managerial Personnel (KMP), split equally between the Company Secretary and the Chief Financial Officer.

Financial Performance and Strategic Shift

For FY26, RCC Cements reported a net loss of ₹280.8 lakh on standalone basis, widening from a loss of ₹122.2 lakh in FY25. Revenue from operations was nil during the year due to limited operations in its traditional cement segment.

Subsequent to the financial year-end, the Board approved a new line of business in consumer electronics, including trading and distribution of mobile phones and accessories. This strategic shift aims to revive operations, though it did not contribute to FY26 results.

Corporate Governance and Shareholder Updates

The company has cleared outstanding Annual Listing Fees with BSE, paying ₹35.9 lakh in February 2026 to address trading suspensions initiated in 2020. BSE conducted an on-site inspection in May 2026, and the company awaits confirmation for the revocation of trading suspension. The scrip remains under Graded Surveillance Measure (GSM) Stage 0.

New director appointments include Mr. Shatrughan Sahu as Independent Director and Mr. Faizal Bavaraparambil Abdul Khader as Non-Executive Director, both effective April 21, 2026.

In compliance with SEBI regulations, the company has dispatched letters to shareholders without registered email addresses, intimating them about the availability of the FY25-26 Annual Report on its website. Shareholders have been requested to update their PAN, KYC, and bank details, and to dematerialise physical shareholdings. A special window for transfer and dematerialisation of physical securities sold or purchased prior to April 1, 2019, is open from February 5, 2026, to February 4, 2027.