Techindia Nirman Limited conducted its 45th Annual General Meeting (AGM) on Tuesday, May 05, 2026, at 11:00 AM at its registered office at Nath House, Nath Road, Chhatrapati Sambhajinagar (Aurangabad), via physical mode. The meeting, chaired by Mr. Satish Kagliwal, saw the attendance of 39 shareholders in total—11 from the promoter and promoter group and 28 from the public. All five resolutions placed before the members failed to secure the requisite majority, marking a significant outcome for the company's governance.

Meeting Attendance and Key Personnel

The AGM was attended by key directors and key managerial personnel (KMP) of the company. Ms. Poonam Kagliwal, Additional Director, could not attend due to personal reasons. The following officials were present at the meeting:

Mr. Satish Kagliwal chaired the proceedings and welcomed members and attendees. Dr. Devinder Khurana, Executive Vice President, jointly conducted the proceedings with Mr. Satish Kagliwal and addressed queries and concerns raised by shareholders. Statutory Auditors, Secretarial Auditors, and the Scrutinizer were also present at the meeting.

Resolutions Placed Before Members

Five resolutions were put to vote through remote e-voting prior to the AGM, with a facility for poll paper voting also available during the meeting. The voting period for remote e-voting commenced on Saturday, May 02, 2026, at 09:00 AM and ended on Monday, May 04, 2026, at 05:00 PM IST. The cut-off date for determining eligible shareholders was Friday, April 24, 2026. None of the five resolutions passed, as detailed below:

It was also noted that two special notices were received from one shareholder under Section 115 of the Companies Act. Following discussion with the shareholder and other members, these were not put to vote due to procedural invalidity. It was mutually decided that the management and the concerned shareholders would meet subsequently to try and revive the company.

Voting Results in Detail

The Scrutinizer, Mrs. Neha P. Agrawal, Practicing Company Secretary (Membership No. 7350, CP No. 8048), was appointed by the Board of Directors to supervise the remote e-voting and poll process. The e-voting facility was provided through the National Securities Depository Limited (NSDL) platform. The consolidated voting results across all resolutions are presented below:

Resolution 1 — Adoption of Financial Statements

Resolution 2 — Appointment of Secretarial Auditor

Resolution 3 — Reappointment of Mr. Vadla Nagabhushanam as Independent Director

Resolution 4 — Reappointment of Mr. Madhukar Deshpande as Independent Director

Resolution 5 — Appointment of Statutory Auditors (Casual Vacancy)

In each resolution, the promoter and promoter group (holding 2510173 shares) voted entirely in favour via e-voting, while public non-institutional shareholders voted overwhelmingly against. There were no institutional public shareholders participating in any resolution.

Consequences of Failed Resolutions

The failure of all five resolutions carries direct governance implications for the company:

• Mr. Vadla Nagabhushanam ceases to be an Independent Director of the company due to non-reappointment.
• Mr. Madhukar Deshpande ceases to be an Independent Director of the company due to non-reappointment.
• M/s KP Sahasrabudhe & Co. ceases to be Statutory Auditors of the company due to non-regularisation.

The Scrutinizer's report also noted that the composition of the Board of Directors is not as per the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. The meeting commenced at 11:00 AM and concluded at 12:20 PM. The proceedings were submitted to BSE Limited and the National Stock Exchange of India Ltd. by Chief Financial Officer Sunil Dixit, pursuant to Regulation 30 and Regulation 44 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Techindia Nirman Limited has announced a key board-level appointment, naming Mrs. Poonam Satish Kagliwal as Additional Director with immediate effect from April 23, 2026. The appointment was communicated to stock exchanges under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.

Board Meeting Outcome

The appointment was formalized during a board meeting that commenced at 10:30 AM on April 23, 2026. The company has notified both BSE Limited and National Stock Exchange of India Limited about this significant corporate development. The board meeting also addressed the approval of financial results as of March 31, 2026, which will be submitted separately once approved.

Director Appointment Details

The company has provided comprehensive details about the new appointment in compliance with SEBI's master circular dated November 11, 2024. Mrs. Kagliwal's appointment as Additional Director is subject to approval by shareholders at the company's ensuing Annual General Meeting.

Professional Background

Mrs. Kagliwal brings substantial experience to the board with over 15 years in business management. Her educational background includes a Bachelor of Science degree from Indore, Madhya Pradesh. She possesses expertise across multiple business functions including finance, management, and general business operations.

The new director currently serves on the boards of several other companies, demonstrating her active involvement in corporate governance and business leadership. Her diverse experience in business management is expected to contribute to the company's strategic direction and operational oversight.

Regulatory Compliance

Techindia Nirman Limited has confirmed that Mrs. Kagliwal meets all regulatory requirements for the directorial position. The company has disclosed that she is not debarred from holding the office of director by virtue of any SEBI order or other regulatory restrictions, ensuring full compliance with exchange listing requirements as per BSE circular LIST/COMP/14 018-19 and NSE circular NSE/CML/2018/24 dated June 20, 2018.

The official communication was signed by Sunil Dixit, Chief Financial Officer, and digitally authenticated on April 23, 2026, at 11:24:07 AM, ensuring proper documentation and regulatory compliance for this corporate appointment.