Rudra Ecovation Limited held its 45th Annual General Meeting (AGM) on September 30, 2026, via video conferencing. Members adopted the audited financial statements for the fiscal year ended March 31, 2026, and approved key board appointments.

The meeting commenced at 1:00 pm and concluded at 1:20 pm. Chairman Akhil Malhotra addressed shareholders regarding the company's performance during the year under review and its future outlook. No queries were raised by registered speaker shareholders during the open floor session.

Resolutions approved

The following ordinary and special business items were considered for approval:

• Adoption of audited financial statements for FY26 along with Board and Auditor reports.
• Reappointment of Akhil Malhotra as Non-Executive Director by rotation.
• Reappointment of Gian Chand Thakur as Whole-Time Director for a further period of five years.
• Appointment of Inderpreet Singh as Independent Director.
• Appointment of Rahul Kapoor as Executive Director.

Governance and audit updates

The Company Secretary informed members that the Statutory Audit Report and Secretarial Audit Report contained qualifications which were noted as self-explanatory. The Board had already provided replies to these qualifications in their respective reports.

Remote e-voting was available from September 27, 2026, to September 29, 2026. Shareholders who did not vote remotely could cast votes electronically during the meeting. The consolidated e-voting results were scheduled for submission to stock exchanges within two working hours of the meeting's conclusion.

Board attendance

The following directors and key managerial personnel attended the meeting via video conferencing:

Statutory Auditors from Manjul Mittal & Associates and Secretarial Auditors from Bhambri & Associates were also present in attendance.

The National Company Law Tribunal (NCLT) has sanctioned the merger scheme between Rudra Ecovation and Shiva Texfabs Limited. The order marks a significant step in the consolidation process for both entities.

Regulatory Approval

The NCLT, Chandigarh Bench, pronounced its order sanctioning the Scheme of Merger and Amalgamation on September 16, 2026. The scheme involves Rudra Ecovation Limited as the transferor company and Shiva Texfabs Limited as the transferee company. It covers the respective shareholders and creditors of both firms.

Rudra Ecovation disclosed the development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On September 18, 2026, the company informed the Bombay Stock Exchange that the final order has been uploaded to the official NCLT website. The company stated it has accessed and downloaded the order from the tribunal's portal.

Next Steps

Upon receiving the certified order, Rudra Ecovation will undertake necessary filings with stock exchanges and other statutory authorities. The company indicated it would provide further disclosures as required by SEBI listing regulations once statutory compliances are completed.

The matter had been reserved for pronouncement following proceedings at the Chandigarh bench. The approval allows the companies to proceed with the legal integration of their operations and shareholder bases.