H.M. Electro Mech Ltd

Demat/remat status

• No demat/remat requests were received during the period.

AGM Details

• AGM held on 28 September 2026, 12:30–12:40 PM, physical meeting at 305 Ashram Avenue, Ahmedabad.
• Record date for entitlement: 25 September 2026.

Key Resolutions and Voting

• Resolution 1 (Ordinary): Adopt Audited Financial Statements; passed unanimously.
• Resolution 2 (Ordinary): Re-appointment of director retiring by rotation; passed with 100% in favour.
• Resolution 3 (Ordinary): Re-appointment of another director retiring by rotation; passed with 100% in favour.
• Resolution 4 (Ordinary): Regularisation of independent director as Non-Executive; passed.
• Resolution 5 (Special): Re-appointment of Chairman and Managing Director; passed.
• Resolution 6 (Special): Re-appointment of Whole-Time Director; passed.
• Resolution 7 (Special): Re-appointment of a Whole-Time Director; passed.
• Resolution 8 (Special): Alteration of Articles of Association; passed.
• Resolution 9 (Ordinary): Approve material related party transaction with Nitin Patel & Co.; passed.
• Resolution 10 (Ordinary): Approve material related party transaction with Twinsag Enterprise LLP; passed.

Dividend

• No dividend proposed or declared.

Director Changes

• No new directors; several re-appointments; independent director regularised.

AGM Details

• Date: 28 September 2026, 12:30–12:40 PM.
• Mode: Physical at the registered office.
• Quorum was present.
• Scrutinizer appointed; results within 48 hours.
• Notice and Annual Report uploaded on the website.

Key Resolutions Presented

• Ordinary: Adopt Audited Financial Statements for year ended 31 March 2026.
• Ordinary: Re-appoint Patel retiring by rotation.
• Ordinary: Re-appoint Harshil Mahendra Patel retiring by rotation.
• Ordinary: Regularize Jay Shah as Non-Executive Independent Director.
• Special: Re-appoint Dipak Padmakant Pandya as Chairman and Managing Director.
• Special: Re-appoint Mahendra Ramabhai Patel as Whole Time Director.
• Special: Re-appoint Mita Dipak Pandya as Whole Time Director.
• Special: Alter Articles of Association by inserting a new Article.
• Ordinary: Approve material RPT with Nitin Patel & Co.
• Ordinary: Approve material RPT with Twinsag Enterprise LLP.

Voting Status

• Voting results not disclosed in the provided text.

Director Changes

• Regularization of Jay Shah as Non-Executive Independent Director.
• Re-appointment of Dipak Padmakant Pandya as Chairman and Managing Director.
• Re-appointment of Mahendra Ramabhai Patel as Whole Time Director.
• Re-appointment of Mita Dipak Pandya as Whole Time Director.

Material Related Party Transactions

• Approval of material RPT with Nitin Patel & Co., Partnership Firm.
• Approval of material RPT with Twinsag Enterprise LLP.

Other Material Approvals

• Alteration of Articles of Association by insertion of a new Article.

H.M. Electro Mech Limited trading window closes from 1 October 2026 until 48 hours after the declaration of unaudited financial results for the half-year ended 30 September 2026

Dematerialisation/rematerialisation status

• No demat/rematerialisation requests received during the quarter.

Internal auditor

• M/s J K Hingu & Co., Chartered Accountant, appointed as internal auditor.
• Effective 29 May 2026 for financial year 2026-27.
• Reason: internal audit appointment under Section 138 of Companies Act, 2013.
• Profile: 4.5 years' experience in tax, audit, GST, bookkeeping, ROC filings, project financing, and RERA.
• No director relationship disclosed; stated as not applicable.

Financial results

• Approved audited standalone results for half year and year ended 31 March 2026.
• Approved standalone balance sheet, cash flow statement, and audited results.
• Statutory auditor issued an unmodified opinion on the audited results.

Performance

• Revenue from operations was Rs. 9,842.58 lakh for the half year ended 31 March 2026.
• Profit after tax was Rs. 738.05 lakh for the half year ended 31 March 2026.
• Year ended 31 March 2026 revenue was Rs. 13,221.01 lakh; PAT was Rs. 974.93 lakh.

Internal auditor

• Re-appointed M/s J K Hingu & Co. as internal auditor for FY 2026-27.
• Appointment was approved on 29 May 2026 at Ahmedabad.

Auditor remark

• Auditor highlighted inventory valuation records were incomplete for Rs. 2,452.59 lakh inventory.
• Auditor said this did not modify the opinion.

IPO utilisation

• Company disclosed IPO proceeds utilisation of Rs. 2,752.72 lakh out of Rs. 2,774.40 lakh.
• Balance unutilised IPO proceeds were Rs. 21.68 lakh.