DMR Engineering Ltd

Order details

• Awarding entity: Power Finance Corporation Limited.
• Nature/scope: PMA appointment for 1500MW Tarali Pumped Storage Project in Maharashtra.
• Contract value: Rs 1,66,00,000 inclusive of GST.
• Execution period: 8 years.
• Contract type: PMA appointment for engineering consultancy.
• Domestic awarding entity; no related party interest.
• Not a related party transaction; arm's length not applicable.
• Impact: not disclosed.

Order Award Details

• Awarding entity: Power Finance Corporation Limited (domestic).
• Nature: PMA appointment for 1500MW Tarali Pumped Storage Project.
• Contract value: Rs 1,66,00,000 inclusive of GST.
• Contract term: 8 years.
• Contract type: Engineering Consultancy Services.
• Promoter/group interest: None.

Dematerialisation status

• RTA confirmed no physical certificates were received for dematerialisation during the quarter.

AGM Details

• AGM held on 30-06-2026 at 11:30 IST via VC/OAVM.
• Meeting ended at 11:48 PM.
• Record date: 22-06-2026.
• Shareholders on record date: 483.
• Scrutinizer: Dilip Swarnkar & Associates.

Key Resolutions

• Resolution 1: Adoption of audited standalone and consolidated financial statements — Ordinary — Passed.
• Resolution 2: Final dividend of Rs. 0.14 per equity share — Ordinary — Passed.
• Resolution 3: Divay Mittal appointed as Whole-time Executive Director — Ordinary — Passed.
• Resolution 4: Arvind Bhat appointed as Whole-time Executive Director — Ordinary — Passed.
• Resolution 5: Man Mohan Madan appointed as Non-Executive Director — Ordinary — Passed.
• Resolution 6: Rachana Agrawal re-appointment as Non-Executive Independent Director — Ordinary — Passed.
• Resolution 7: Amendment in Object Clause of MOA — Special — Passed.
• Resolution 8: Material Related Party Transactions with DM Consulting Engineers Private Limited — Special — Passed.
• Resolution 9: Approval for payment of managerial remuneration in excess of Section 197 limit — Special — Passed.

Dividend Details

• Final dividend of Rs 0.14 per equity share approved.

Director Changes

• Divay Mittal appointed Whole-time Executive Director.
• Arvind Bhat appointed Whole-time Executive Director.
• Man Mohan Madan appointed Non-Executive Director.
• Rachana Agrawal re-appointed Non-Executive Independent Director.

Material Related Party Transactions

• Approval for Material Related Party Transactions with DM Consulting Engineers Private Limited.

Other Material Approvals

• Amendment in Object Clause of Memorandum of Association.

Acquisition details

• Target: DM Consulting Engineers Private Limited, India-based engineering, procurement and consulting services.
• Turnover: Rs 2,80,25,400 for FY2025-26.
• Related party transaction; promoters Mittal family hold DM Consulting.
• Promoters: Subhash Chander Mittal and Neelam Mittal of the target.
• Industry: Engineering, procurement and consulting for energy and infrastructure.
• Rationale: strategic growth through new energies and geophysical services.
• Regulatory approvals: None required.
• Timeline: Not applicable.
• Consideration: Bonus issue; 10:13 ratio.
• Cost of acquisition: Not disclosed.
• Shareholding after issue: 60% of DM Consulting.
• Background: Incorporated 09-Dec-2014 in India; focuses on engineering and geophysical studies.
• FY2024-25 turnover: Rs 1,18,28,950.
• FY2023-24 turnover: Rs 4,00,000.
• Authorized capital: Rs 5,00,00,000; Paid-up capital: Rs 2,30,00,000.

AGM Details

• The 17th AGM was held on June 30, 2026 at 11:30 IST via VC/OAVM.
• Registered office at Faridabad, Haryana was deemed the meeting venue.
• Quorum of 18 members; meeting chaired by Subhash Chander Mittal.

Voting process

• Scrutinizer appointed: Dilip Kumar Swarnkar, practising company secretary.
• Remote e-voting enabled June 27–29, 2026; VC/OAVM voting conducted.

Ordinary Businesses

• Adoption of audited standalone and consolidated financial statements for FY 2025-26.
• Dividend of Rs 0.14 per equity share declared.

Special Businesses

• Appointment of Divay Mittal as Whole-time Director, Executive Director.
• Appointment of Arvind Bhat as Whole-time Director, Executive Director.
• Appointment of Man Mohan Madan as Non-Executive Director.
• Re-appointment of Rachana Agrawal as Non-executive Independent Director.
• Amendment in Object Clause of Memorandum of Association.
• Approval for Material Related Party Transactions with DM Consulting Engineers Private Limited.
• Approval for payment of managerial remuneration in excess of Section 197 limit.

Results

• All resolutions passed with requisite majorities.
• Detailed voting results and scrutinizer report to be filed with stock exchange and uploaded on the company website.

Closing

• Meeting concluded at 11:48 IST.

Final dividend

• Equity shares: record date is June 22, 2026.
• Purpose: entitlement for final dividend for FY2025-26.
• Final dividend is subject to approval at the AGM.
• Dividend will be paid within 30 days of AGM approval.
• Tax will be deducted at source.

Re-appointment

• Mrs. Rachana Agrawal re-appointed as Non-Executive Independent Director.
• Effective for five years from September 30, 2026 to September 29, 2031.
• Board approved the re-appointment on May 16, 2026, subject to shareholder approval.
• Reason cited was re-appointment based on Nomination and Remuneration Committee recommendation.
• She is a Fellow Chartered Accountant with 32+ years' experience in finance, governance, and accounts.
• No director relationship disclosure was applicable.
• She is not debarred from holding directorship by any SEBI or other authority.

Committee roles

• Mrs. Agrawal remains Chairperson of the Audit Committee.
• She remains Chairperson of the Nomination and Remuneration Committee.
• She remains Chairperson of the Stakeholder Relationship Committee.
• No other company committee memberships were reported.