Techno Electric & Engineering Company Limited has announced its 21st Annual General Meeting (AGM) to be held on September 23, 2026. The agenda includes the adoption of financial statements and the declaration of a final dividend of ₹7 per equity share. The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM). Shareholders whose names appear on the Register of Members as of the record date, September 16, 2026, are eligible for the dividend.
21st Annual General Meeting Announced
Techno Electric & Engineering Company Limited has scheduled its 21st Annual General Meeting (AGM) for Wednesday, September 23, 2026, at 3:30 PM IST. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), allowing members to participate remotely. The notice specifies that proxy appointments are not permitted for this meeting.
Key Agenda Items
Ordinary Business:
- Audited Financial Statements: The members will receive, consider, and adopt the Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors.
- Final Dividend Declaration: A final dividend of ₹7 per equity share (nominal value ₹2 each) has been recommended by the Board for the financial year 2025-26. This dividend, if declared, will be paid to shareholders registered as of the Record Date, September 16, 2026.
- Director Re-appointment: Mr. James Raymond Trout, a Non-Executive Director, is retiring by rotation and is eligible for re-appointment. The members will consider his re-appointment.
Special Business:
- Appointment of Independent Director: The appointment of Mr. Aninda Chatterjee (DIN: 01760865) as an Independent Director will be considered, based on the recommendation of the Nomination and Remuneration Committee and the Board.
- Approval of Remuneration to Cost Auditors: The remuneration payable to Saibal Sekhar Kundu, Cost Accountants, for conducting the audit of the company’s cost records for the financial year ending March 31, 2027, will be considered for approval.
- Increase in Borrowing Limits: The company seeks approval to increase its borrowing limits from ₹3,000 crores to ₹3,500 crores or the aggregate of the paid-up capital and free reserves, whichever is higher.
- Creation of Charges: The creation of charges on movable and immovable properties of the Company, both present and future, in respect of borrowings will also be considered.
E-Voting and Meeting Participation
The company has engaged NSDL for remote e-Voting facility, which will commence on September 19, 2026, and conclude on September 22, 2026. Members can also cast their votes electronically during the AGM. Further instructions for attending the AGM through VC/OAVM and for e-Voting are provided in the notice. The Record Date for determining the eligibility of members for dividend and voting is September 16, 2026.
All documents referred to in the Notice will be available for inspection by Members up to and including the date of the AGM.
Source: BSE
