Sugs Lloyd Limited has scheduled its 17th Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will be held at 2:00 pm through Video Conferencing or Other Audio Visual Means (VC/OAVM). Shareholders will vote on the adoption of financial statements for FY26 and several special resolutions regarding capital structure.

The company notified the Bombay Stock Exchange on September 7, 2026, regarding the notice. The agenda includes ordinary business items such as the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026, and the re-appointment of Mr. Kapil Dev Marwah as a director.

Key Dates and Procedures

Shareholders must note the following critical dates for participation and voting:

The Registrar and Transfer Agents will keep the share transfer books closed from September 24, 2026, to September 30, 2026. Only members whose names appear on the register of members as of the cut-off date will be eligible to participate and vote.

Special Resolutions on Capital Structure

The AGM features four special resolutions aimed at enhancing the company’s financial flexibility. The Board seeks shareholder approval to increase borrowing powers under Section 180(1)(c) of the Companies Act, 2013, up to ₹600 crore. This limit covers term loans, working capital facilities, and other permissible modes of borrowing.

Additionally, shareholders will be asked to approve the creation of mortgage, charge, or other security under Section 180(1)(a) to secure these borrowings. The company also seeks approval to increase the limit for loans, guarantees, securities, and investments under Section 186 up to ₹600 crore. A further resolution under Section 185 allows providing financial assistance to subsidiaries and group entities within this overall limit.

These resolutions are designed to meet working capital requirements, fund capital expenditure, execute projects, and support general corporate purposes. The Board emphasized that the proposed limits are enabling and do not imply immediate deployment of the full amount.

Director Re-appointment

Mr. Kapil Dev Marwah (DIN: 08739679), Executive Director, retires by rotation and offers himself for re-appointment. He has served on the board since February 23, 2022, and attended all 21 board meetings in FY26. His remuneration remains unchanged at ₹2,40,000 for FY25-26. He holds five equity shares in the company.

Participation Guidelines

Electronic copies of the notice and annual report will be sent only to shareholders who have registered their email addresses. Those without registered emails will receive a physical letter containing a web link to access the documents. Participation in the AGM is strictly through VC/OAVM facilities.

Remote e-voting begins on Sunday, September 27, 2026, at 10:00 am and ends on Tuesday, September 29, 2026, at 5:00 pm. Shareholders holding securities in physical form who have not registered their email addresses must submit Form ISR-1 and supporting documents to receive login credentials.

SUGS Lloyd has secured a maintenance contract worth ₹24.63 crore from TP Central Odisha Distribution Limited, with the engagement set to commence in October 2026.

Contract details

The agreement covers a three-year term, with operations beginning from October 2026. The following table summarises the key parameters of the contract.