Salasar Techno Engineering has confirmed the schedule for its 25th Annual General Meeting (AGM), set for September 30, 2026. The company published a newspaper advertisement on September 8, 2026, reiterating that the meeting will be held via Video Conferencing or Other Audio-Visual Means (VC/OAVM) at 11:30 am.

The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026, both days inclusive. Shareholders holding shares as on the cut-off date of September 23, 2026, are eligible to vote and participate in the meeting.

E-Voting Process

Remote e-voting will be available from September 26, 2026, at 9:00 am until September 29, 2026, at 5:00 pm. Bigshare Services Private Limited will facilitate the voting process. Mrs. Deepika Gaur, Practicing Company Secretary (CP No. 14808), has been appointed as Scrutinizer to oversee the e-voting process in a fair and transparent manner.

The company completed the dispatch of the AGM notice and Annual Report for the financial year ended March 31, 2026, via email on September 7, 2026, to members with registered email addresses. Hard copies are available upon request.

Board Appointments and Re-appointments

The AGM will consider several key board appointments and re-appointments:

• Re-appointment of Executive Directors: The meeting will seek approval for the re-appointment of Mr. Shashank Agarwal as Managing Director, Mr. Shalabh Agarwal as Whole-time Director, and Ms. Tripti Gupta as Whole-time Director. All three will serve five-year terms commencing from December 10, 2026, to December 9, 2031. These appointments require special resolutions as their aggregate remuneration exceeds five per cent of the company’s annual net profits.

• Appointment of Independent Directors: The company proposes the appointment of Mr. Aashish Sharma and Mrs. Nidhi Jain as Non-Executive Independent Directors. Both will serve two-year terms starting from September 5, 2026, ending on September 4, 2028.

Ms. Tripti Gupta will also retire by rotation and seek re-appointment as a director liable to retire by rotation.

Borrowing and Security Limits

A significant special resolution seeks member approval to increase the company’s borrowing limit. The current limit of ₹1,000 crore is nearing full utilization. The proposed resolution allows the company to borrow up to ₹1,500 crore from banks, financial institutions, or other entities. This amount may exceed the aggregate of paid-up share capital and free reserves.

Additionally, shareholders will be asked to approve the creation of charges, mortgages, or hypothecation on the company’s movable and immovable properties to secure these borrowings under Section 180(1)(a) of the Companies Act, 2013.

Other Business

The ordinary business includes the adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The meeting will also ratify the remuneration of M/s. S. Shekhar & Co. as Cost Auditors for FY27, fixed at ₹70,000 plus applicable taxes and out-of-pocket expenses.

Salasar Techno Engineering re-appointed Managing Director Shashank Agarwal, Whole-time Director Shalabh Agarwal, and Whole-time Director Tripti Gupta for five-year terms. The Board also appointed Aashish Sharma and Nidhi Jain as additional independent directors.

The appointments were approved during the Board meeting held on September 5, 2026. All resolutions are subject to shareholder approval at the 25th Annual General Meeting.

Director Appointments and Tenure

The Nomination and Remuneration Committee and Audit Committee recommended the re-appointments of the existing directors. Their new terms commence on December 10, 2026, and end on December 9, 2031.

Aashish Sharma and Nidhi Jain were appointed as Additional Directors under the category of Non-Executive Independent Directors. They are not liable to retire by rotation. Their tenure runs for two consecutive years, from September 5, 2026, to September 4, 2028.

Committee Reconstitution

The Board reconstituted its committees effective September 5, 2026. Key changes include:

• Audit Committee: Chaired by Independent Director Jai Krishan Aggarwal. Members include Aashish Sharma, Rajesh Agrawal, and Shashank Agarwal.
• Nomination and Remuneration Committee: Chaired by Aashish Sharma. Members include Nidhi Jain, Rajesh Agrawal, and Jai Krishan Aggarwal.
• Stakeholders Relationship Committee: Chaired by Nidhi Jain. Members include Tripti Gupta and Shalabh Agarwal.
• Risk Management Committee: Chaired by Whole-time Director Alok Kumar. Members include Shashank Agarwal and Aashish Sharma.
• Corporate Social Responsibility Committee: Chaired by Tripti Gupta. Members include Shashank Agarwal and Nidhi Jain.

Cost Auditor Appointment

On the recommendation of the Audit Committee, the Board appointed M/s. S. Shekhar & Co., Cost Accountants (FRN: 000452), as the Cost Auditor for the financial year 2026-27. The firm provides services in cost audit, compliance, and taxation.