RHI Magnesita India Limited concluded its 16th Annual General Meeting (AGM) on September 29, 2026, through video conferencing and other audio-visual means. The company adopted the audited standalone and consolidated financial statements for the financial year ended March 31, 2026.

The meeting, which commenced at 11:00 am and concluded at 11:40 am, was chaired by Parmod Sagar. Pankaj Malhan, Managing Director and CEO, attended in person alongside several independent directors joining virtually. The proceedings were conducted in compliance with the Companies Act, 2013, and SEBI Listing Regulations.

Resolutions passed

Shareholders voted via remote e-voting and e-voting during the meeting on ten agenda items. The ordinary business included the adoption of financial reports and the declaration of a final dividend for FY26. Directors Parmod Sagar and Gustavo Lucio Goncalves Franco were appointed as they retired by rotation.

Special business focused on leadership continuity and audit governance. Pankaj Malhan was appointed as Managing Director and Chief Executive Officer through a special resolution. The shareholders also approved the appointment of statutory auditors to fill a casual vacancy and for the subsequent term, along with ratifying the remuneration of cost auditors for FY27.

Governance and attendance

The quorum requirement was confirmed by the Company Secretary before proceedings began. Key attendees included:

• Parmod Sagar: Chairman
• Pankaj Malhan: Managing Director & CEO
• Nazim Sheikh: Independent Director
• Sonu Chadha: Independent Director
• Kamal Sarda: Independent Director
• Priyabrata Panda: Independent Director
• Alvaro Martin Rivero: Non-Executive Director

Statutory auditors Price Waterhouse Chartered Accountants LLP and proposed auditors BSR & Co. LLP were represented at the meeting. The Chairman provided opening remarks covering safety measures, risk management, internal controls, and the company's performance in FY26.

Next steps

Voting results and the Scrutinizer's Report are scheduled to be declared within two working days from the conclusion of the AGM. These details will be communicated to stock exchanges and posted on the company’s website and the National Securities Depository Limited (NSDL) portal.

RHI Magnesita India Limited will host an investor meeting and plant visit in Visakhapatnam on September 30, 2026. The event involves interactions with investors and analysts.

The company confirmed that no unpublished price sensitive information (UPSI) will be shared during the aforesaid meeting. This disclosure is made pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III of the Listing Regulations.

An investor presentation has been uploaded to the company's website for reference. The management team will conduct the plant visit as part of the scheduled engagement.