Advance Metering Technology Ltd

AGM Details

• 15th AGM on 08 Sep 2026 at 10:30 IST via VC/OAVM.
• Notice and Annual Report available on company website and stock exchanges.

Voting Window

• Remote e-voting window: 05 Sep 2026 09:00 IST to 07 Sep 2026 17:00 IST.
• Eligibility cut-off for voting: 01 Sep 2026.

Materials & Agenda

• Notice and Annual Report accessible on NSDL e-voting portal.
• Agenda/resolutions to be transacted are detailed in the AGM Notice.

Key disclosures & governance

• Chairman and Executive Director Pranav Kumar Ranade expired on 13 April 2026.
• Natasha Ranade appointed Chairperson on 27 April 2026.
• Natasha Ranade appointed Whole-Time Director from 27 April 2026.
• Aman Marodia inducted as Committee member from 3 May 2025.
• Priya Somaiya ceased to be Committee member from 4 May 2025.
• Revenue, EBITDA, and net profit disclosed with YoY trends.
• Cash flow from operations described with movement signal.
• Dividends and capital allocation actions described.
• Geography/segment mix and utilization metrics outlined.
• Order book/backlog status updated; capacity utilization discussed.

AGM Details

• Date and time: 08 September 2026, 10:30 A.M.; mode: VC/OAVM.
• E-voting cut-off: 01 September 2026.

Ordinary Business Resolutions

• Adoption of Standalone and Consolidated Audited Financial Statements for year ended March 31, 2026.
• Re-appointment of Ameeta Ranade as director liable to retire by rotation.
• Appointment of M/s GSA & Associates LLP as Statutory Auditors for five years.

Special Resolution: Non-Executive Director

• Appointment of Ameeta Ranade as Non-Executive Director for five years from 14 August 2026.

Special Resolutions: Financing and Investments

• Approval to give loans/guarantees/security up to Rs 6 crore to group entities.
• Approval to make investments/loans/guarantees up to Rs 6 crore under Section 186.

Special Resolution: Related Party Transactions

• Approve material RPT with Industrial Solutions Corporation LLP up to Rs 9.5 crore for 2026-27 and 2027-28.
• RPTs include lease hold advances, trademark usage, EPC services, and expense reimbursements.

MD Remuneration

• Increase in MD remuneration; effective 1 May 2026; per Schedule V; details in notice.

Book Closure

• Book closure from 02 September 2026 to 08 September 2026, both days inclusive, for 15th AGM.
• AGM date: 08 September 2026 at 10:30 A.M. via VC/OAVM.

Director appointment

• Type of change: Appointment of Additional Director.
• Name/Designation: Mrs. Ameeta Ranade, Additional Director.
• Effective date and term: 14 August 2026 until next AGM.
• Reason for change: Appointment under Companies Act 2013 and LODR.
• Profile: Master’s in English; 35+ years in corporate management including banking and finance.
• Related parties: Spouse of late promoter Pranav Kumar Ranade; mother of Prashant Ranade.
• Debarment status: Not debarred from director office.
• Impact: Adds to board size; no committee changes disclosed.

Financial Performance

• Standalone revenue from operations: 850.79; PAT after tax: 235.81; Basic EPS: 1.47.
• Consolidated revenue from operations: 850.79; PAT after tax: 235.70; Basic EPS: 1.47.
• YoY: revenue down about 8%; PAT down about 2% vs Jun-2025 quarter.
• Limited Review: no material misstatements; audit opinion not provided.
• Overseas subsidiaries included; PKR Canada disposed on 19 Jun 2026; deconsolidated from disposal date.

Consolidation & Disposals

• PKR Technology Canada Limited disposed; consolidation up to 19 Jun 2026.
• Consolidated results include two overseas subsidiaries: Global Power and Trading PTE (Singapore) and Advance Power and Trading GMBG (Germany).

Governance & Corporate Actions

• Notice for 15th AGM on 8 Sep 2026.
• Ameeta Ranade appointed as Additional Director (Non-Executive); effective 14 Aug 2026.
• Remuneration of Managing Director increased; approvals at Board meeting 10 Aug 2026.
• Approvals to lend/guarantee/security beyond Sec 185; investments beyond Sec 186.
• Material Related Party Transactions approved with Industrial Solutions Corporation LLP.
• Scrutinizer appointed for forthcoming AGM; Board meeting held 10 Aug 2026, 2:30–5:00 PM.
• Results to be published in newspapers as per SEBI LODR.

Auditor & Reporting

• Independent Auditor: GSA & Associates LLP; Limited Review on standalone and consolidated results for quarter ended 30 Jun 2026.
• Conclusion: not modified; no material misstatements reported.

Notes on Subsidiaries

• Overseas subsidiaries named in consolidated results; PKR Canada disposed; consolidation only up to disposal date.

Dematerialisation status

• The securities have been dematerialised and listed on the stock exchanges.
• Physical certificates received for dematerialisation were mutilated and cancelled; the depository named as registered owner.