Samrat Forgings has scheduled its 45th Annual General Meeting for September 25, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means in compliance with Ministry of Corporate Affairs circulars.

The Board of Directors has not recommended any dividend for the Financial Year 2025-26. The company will dispatch the Notice of AGM and the Annual Report for FY26 in electronic mode to members with registered email addresses.

Meeting Logistics and Voting

The AGM is scheduled to begin at 11:30 am on Friday, September 25, 2026. Members holding shares in dematerialized form must update their email addresses with their Depository Participants to receive the notice electronically. Those holding physical shares should register their details using Form ISR-1 with Mas Services Limited, the Registrar and Share Transfer Agent.

The company will provide remote e-voting facilities via Central Depository Services (India) Limited. The cut-off date for determining voting eligibility is September 18, 2026. Remote e-voting will commence on September 22, 2026, at 9:00 am and conclude on September 24, 2026, at 5:00 pm.

Key Dates

The Register of Members and Share Transfer Books will remain closed from September 21, 2026, to September 25, 2026, both days inclusive. Physical copies of the notice and annual report will only be dispatched upon specific request from members.

Board Appointments and Resolutions

The AGM agenda includes several key board appointments and ratifications:

• Reappointment of Managing Director: Shareholders will vote to reappoint Mr. Rakesh M. Kumar as Managing Director for a three-year term starting December 1, 2026. His current term expires on November 30, 2026. The proposed remuneration includes a monthly salary of ₹12 lakh, with a power to increment up to ₹15 lakh per month during his tenure.
• Reappointment of Independent Director: Mr. Satish Chander Sharma is proposed for reappointment as an Independent Director for a second five-year term, effective June 30, 2027, until June 29, 2032.
• Reappointment of Non-Executive Director: Mrs. Bindu Chowdhary, who retires by rotation, offers herself for reappointment as a Non-Executive Non-Independent Director. She has attained the age of 86 years.
• Cost Auditor Ratification: The meeting will ratify the remuneration of ₹80,000 plus taxes and out-of-pocket expenses to M/s. Balwinder & Associates, Cost Accountants, for the financial year ending March 31, 2027.

Financial Performance Context

The explanatory statement highlights the company's financial performance for FY26. Turnover and other income stood at ₹20,487.59 lakh in FY26, up from ₹19,168.24 lakh in FY25. Profit before tax was ₹617.42 lakh in FY26, compared to ₹697.19 lakh in FY25. Profit after tax declined to ₹438.88 lakh in FY26 from ₹509.88 lakh in FY25.

The Board noted that profit margins remained low due to escalating input costs, persistent inflationary pressures, and intense competition in the forging industry. Despite these challenges, the company reported no losses in FY26.

Samrat Forgings Limited has moved to retain key leadership figures, approving the reappointment of Rakesh M. Kumar as Managing Director and Satish Chander Sharma as an Independent Director. The Board of Directors finalized these decisions during its meeting on August 13, 2026, acting on the advice of the Nomination and Remuneration Committee.

The appointments require final ratification by the company's members at the upcoming general meeting. This governance update ensures continuity in executive management and independent oversight for the capital goods manufacturer.

Board Appointments

The Board approved two distinct reappointments with specific term durations:

• Rakesh M. Kumar: Reappointed as Managing Director for a three-year term from December 1, 2026, to November 30, 2029.
• Satish Chander Sharma: Reappointed as Independent Director for a five-year term from June 30, 2027, to June 29, 2032.

Director Profiles

Mr. Kumar brings over three decades of industrial experience to the role. He holds a B.Tech (Hons.) degree and an MBA from California State University. Joining the company in 1994 as an Executive Director, he currently oversees marketing, sales, technical operations, finance, and administrative affairs. He is related to Mrs. Ritu Joshi, a director of the company.

Mr. Sharma possesses approximately 35 years of experience in banking, having retired as Branch Manager from Jammu & Kashmir Bank in 2015. He holds an M.Sc. in Physics and a Postgraduate Diploma in Applied Electronics from the University of Jammu. Since retirement, he has provided consultancy services in finance, banking, and insurance. He is not related to any other director of the company.

Regulatory Compliance

The company disclosed these appointments pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that neither director is debarred from holding office by the Securities and Exchange Board of India or any other authority, in compliance with BSE Circular No. LIST/COMP/14/2018-19.