Shree Steel Wire Ropes shareholders unanimously approved all six ordinary resolutions at its 34th annual general meeting held on September 18, 2026, in Khopoli. The approvals covered the adoption of audited financial statements for FY26 and key governance appointments.

Remote e-voting was conducted between September 14 and September 17, 2026. The scrutinizer’s report, issued by Practicing Company Secretary Rushabh Doshi, confirmed that all poll papers were valid and reconciled with company records. A total of 4,861 shareholders were on record as of September 11, 2026.

Voting Results Overview

The promoter group held 1,021,180 shares and voted 100% in favour of all resolutions via e-voting. Public non-institutional shareholders held 2,290,310 shares, with approximately 861 to 891 votes polled depending on the resolution, representing less than 0.04% participation from this category. No institutional public shareholders participated.

Key Resolutions Passed

Shareholders approved several ordinary resolutions covering governance and operational matters for the upcoming fiscal year. The key decisions included:

• Adoption of the audited financial statements for the year ended March 31, 2026.
• Reappointment of Ms. Kirtee Anil Sajnani as a non-executive director upon retirement by rotation.
• Reappointment of Chandak Agarwal & Co as statutory auditors for three financial years, until the conclusion of the 36th AGM in 2028.
• Appointment of Rushabh Doshi as secretarial auditor for five consecutive years, from FY26 to FY30.
• Appointment of Mr. Anil L. Sajnani as Managing Director for a five-year term starting July 14, 2026.

Related Party Transactions

The company sought shareholder approval for related-party transactions with Bholenath Developers Private Limited for FY27. The maximum aggregate value for these transactions is capped at ₹1 crore.

Mr. Anil L. Sajnani and Mr. Ashish Sajyani, both directors of Shree Steel Wire Ropes, hold directorships in Bholenath Developers Private Limited. The transactions are expected to be conducted at arm’s length and in the ordinary course of business, covering the purchase, sale, or lease of property and services.

Governance Updates

Mr. Anil L. Sajnani’s appointment as Managing Director follows a recommendation by the Nomination and Remuneration Committee. His tenure is liable to retirement by rotation. The Board noted that his remuneration is commensurate with industry standards and the company’s size.

Ms. Jyoti Padia, Company Secretary, certified the true copies of the resolutions passed. The meeting concluded at 11:00 am after addressing questions from shareholders present in person and via proxy.

Shree Steel Wire Ropes announced its 34th Annual General Meeting is scheduled for September 18, 2026. The meeting will be held at the company's registered office in Khopoli, Maharashtra, at 9:30 am.

Shree Steel Wire Ropes submitted its annual report for FY26 to BSE Limited on August 20, 2026, in compliance with SEBI Listing Obligations regulations. The notice convening the AGM is part of this annual report. The company also confirmed that electronic copies of the notice and annual report have been sent to shareholders with registered email addresses.

E-voting and Record Dates

Shareholders can cast their votes via remote e-voting from September 14, 2026, at 9:00 am until September 17, 2026, at 5:00 pm. The portal will be blocked immediately after this period. CS Rushabh Doshi has been appointed as the Scrutinizer for the e-voting process.

The cut-off date for recording member entitlements for voting is September 11, 2026. This applies to both remote e-voting and voting at the physical meeting. Members holding shares in physical or dematerialized form as on this date are eligible to vote.

Share Transfer Closure

The Register of Members and Transfer Books will remain closed from September 12, 2026, to September 18, 2026. This closure facilitates the preparation of the register of members for the AGM.

Key Agenda Items

The AGM will transact several ordinary and special business items. The Board has recommended the re-appointment of Ms. Kirtee Anil Sajhani as a director, who retires by rotation. Additionally, shareholders will vote on the reappointment of Chandak Agarwal & Co as Statutory Auditors for three financial years and the appointment of Rushabh Doshi as Secretarial Auditor for five years.

A significant special business item involves the appointment of Mr. Anil L. Sajnani as Managing Director and Key Managerial Personnel for a five-year term commencing July 14, 2026. His remuneration will be determined by the Board within Companies Act limits.

Related Party Transactions

The Board seeks shareholder approval for related party transactions with Bholenath Developers Private Limited for the financial year 2026-27. The aggregate value of these transactions, which include purchase, sale, lease, or service arrangements, will not exceed ₹1 crore. These transactions are expected to be conducted at arm's length and in the ordinary course of business.