Jupiter Wagons Ltd

AGM Details

• AGM held via video conferencing on 29 September 2026 at 1:00 PM IST.

Key Resolutions

• Receive and adopt Consolidated Financial Statements for the year (Ordinary).
• Re-appoint Abhishek Jaiswal as director by rotation.
• Re-appoint Swapan Chaudhury as Independent Director for five years.
• Re-appoint Madhuchhanda Chatterjee as Independent Director; Special.
• Re-appoint Avinash Gupta as Independent Director; Special.
• Re-appoint Vivek Lohia as Managing Director for five years.
• Re-appoint Vikash Lohia as Deputy Managing Director for five years.
• Appoint Ranjini Roy as Non-Executive Independent Director.
• Appoint Siddhi Singhhania as Non-Executive Independent Director.
• Remuneration to Damian Stevens as Non-Executive Independent Director.
• Remuneration of Cost Auditors for 2026-27 Ratified.
• Alter MOA; Ordinary resolution adopting new MOA.
• Adopt new Articles of Association; Special resolution.
• Approve QIP for equity placement.

Directors & Management Changes

• Abhishek Jaiswal re-appointed as director by rotation.
• Swapan Chaudhury re-appointed as Independent Director for five years.
• Madhuchhanda Chatterjee re-appointed as Independent Director.
• Avinash Gupta re-appointed as Independent Director.
• Ranjini Roy appointed Non-Executive Independent Director.
• Siddhi Singhhania appointed Non-Executive Independent Director.
• Vivek Lohia appointed Managing Director for five years.
• Vikash Lohia appointed Deputy Managing Director for five years.

Auditors & Governance

• Remuneration of Cost Auditors for FY 2026-27 ratified; no change in statutory auditors.

MOA, AOA & Capital Actions

• Alter MOA; adopt new object clause.
• Adopt new Articles of Association; Special resolution.
• Approve QIP for equity placement; Special resolution.

AGM Details

• 46th AGM held on 29 September 2026 via VC/OAVM from 1:00 PM to 1:58 PM.
• Remote evoting window: 26–28 September 2026; Scrutinizer appointed.
• Meeting concluded; results to be declared by 1 October 2026.

Resolutions (Ordinary)

• Receive and adopt financial statements and reports.
• Re-appoint a director retiring by rotation.
• Ratify remuneration of Cost Auditors for 2026-27.

Resolutions (Special)

• Re-appoint Independent Director.
• Re-appoint Managing Director for five years.
• Re-appoint Deputy Managing Director for five years.
• Appoint Non-Executive Independent Director.
• Appoint another Non-Executive Independent Director.
• Remuneration to Non-Executive, Non-Independent Director.
• Alter MOA; adopt new MOA.
• Adopt new AoA.
• Modify object clause for QIP funds utilization.

Other Material Approvals

• Adoption of new AoA.
• Modification to object clause for QIP funds utilization.

Voting & timeline

• Results of remote and AGM voting to be declared by 1 October 2026 and shared with exchanges.

Jupiter Wagons Limited - Closure of Trading Window for Q-2 2026-27 from Oct 1, 2026 until 48 hours after unaudited results for the quarter and half year ended September 30, 2026

Meeting Details

• Date and time: Wednesday, September 30, 2026 at 4:00 PM.
• Type: Group Meeting
• Mode: Virtual
• Event: Arihant Capital Bharat Connect Conference – RisingStars 2026

Participants

• Senior management from Jupiter Wagons Ltd.

Purpose

• Discuss Q1 FY27 investor presentation.

Additional Notes

• Schedule subject to change.
• Q1 FY27 presentation available on the company website.

Target entity

• Target: Jupiter Rail Mobility Private Limited (JRMPL) in Railway and Engineering, India.
• Authorized capital ₹15 lakh, paid-up ₹1 lakh.
• Turnover: Not Applicable as operations have yet to start.
• Jupiter Wagons Ltd holds 99.9% of JRMPL.
• Date of incorporation: 3 September 2026.
• Industry: Railway and Engineering; presence in India.

Purpose and structure

• Incorporation of subsidiary; no external acquisition involved.
• Strategic rationale: expansion of railway engineering capabilities.
• Turnover details not applicable due to no operations.

Regulatory approvals

• Regulatory approvals: Not Applicable for incorporation.

Timeline and consideration

• Indicative timeline for completion: Not Applicable.
• Consideration: Not Applicable; no price disclosed.

Background of target

• Background: JRMPL targets railway services; no turnover data.

Overview

• Standalone BRSR for FY2025-26; main activity is railway wagon manufacturing.
• 6 plants and 2 offices in India; one international market (USA).
• 99% of turnover from metal products; wagons contribute ~80%, bodies/cabs ~13%.
• BRSR Core KPIs are limited-assurance by Futurestation Services LLP.
• BRSR forms part of the Annual Report and is published on Jupiter Wagons’ website.

Key ESG Risks & Opportunities

• GHG emissions and energy management identified as a material risk; energy-intensive manufacturing.
• Renewable energy deployment at Bandel (captive solar) and Deori/Pithampur (PPAs).
• Waste management risk; emphasis on reuse of MS scrap and foundry sand.
• Human rights risk across direct and contract workforce; mitigated by HR policy and supplier code.
• Occupational health and safety risk; LTIFR trends addressed via risk assessments and training.
• Sustainable supply chain opportunity; 70% suppliers approved by RDSO; supplier code in place.

Governance & Policy Highlights

• Board oversight via BRSR Committee including WTD, CEO, CFO, CS, CTO, VP-Finance, Group HR.
• Key policies: Anti-Corruption/Anti-Bribery, BRSR Policy, Code of Conduct, Supplier Code, RPT Policy.
• Three plants ISO 45001; also ISO 14001 and ISO 9001 certifications.
• BRSR Core KPIs undergo limited external assurance by Futurestation.
• Grievance mechanisms include whistleblower Vigil Mechanism and POSH Internal Complaints Committee.

Social Responsibility & Workforce

• Total workforce: 716; permanent 698; workers 1237; board women at 10%.
• Turnover: permanent employees 7.2%; permanent workers 13.96% in FY25-26.
• LTIFR: employees 2.71; workers 15.16; one employee fatality.
• Well-being spend: 0.06% of revenue; average training ~4 hours, target 12 hours by 2027.
• PF/gratuity coverage 100%; ESIC coverage; equal opportunity policy; POSH ICC.

Environmental Performance

• Total energy 3,08,513 GJ; renewable share 2.7%; energy intensity 24.71 GJ/USD Lakh PPP.
• Scope 1: 14,786 tCO2e; Scope 2: 38,434 tCO2e; intensity 4.26 tCO2e/USD Lakh PPP.
• Water: consumption 44,439 KL; discharge 109,791 KL; ZLD at two units with STPs.
• Waste: total 14,228 MT; MS scrap 25% reused; foundry sand 70% reused; hazardous waste 39.24 MT.
• Zero Waste to Landfill target by 2030; captive solar and PPAs to reduce energy intensity.

Stakeholder Engagement & Complaints

• Key groups: employees/workers, shareholders/investors, customers, regulators, communities, suppliers.
• Engagement: daily with employees; quarterly with shareholders; others on need basis; community outreach.
• Complaints: 0 filed or pending across stakeholder categories in FY25-26.

Other Notable Metrics

• 70% of suppliers approved by RDSO; 50% critical suppliers ESG assessment planned by 2027.
• RPTs: purchases from related parties 7.79%; loans 16.26%; investments 10.96%; sales 0.49%.
• MSMEs/direct inputs from MSMEs 2.89%; 100% Indian procurement except some imports.
• No data breaches or product recalls; IT/cyber policy for data protection in place.