Modern Malleables Ltd

AGM details

• AGM held on 18 September 2025 at 10:00 AM; voting via remote e-voting and physical ballot.
• Cut-off date for voting rights: 14 September 2026.
• Remote e-voting period: 15–17 September 2026; platform provided by CDSL.
• Shareholders on the cut-off date were entitled to vote.

Resolutions and outcomes

• Resolution 1 (Ordinary): Adopt standalone financial statements for the year ended 31 March 2026.
• Resolution 2 (Ordinary): Re-appointment by rotation of a director.
• Resolution 3 (Ordinary): Ratification of remuneration to Cost Auditors for FY 2026-27.
• Resolution 4 (Special): Remuneration payable to Chairman and Managing Director.
• Resolution 5 (Special): Subject not clearly legible in provided text.
• Resolution 6 (Ordinary): Approval of related party transactions.

agm details

• Date: 18 September 2026; Start 10:00 AM; End 11:15 AM; physical meeting with e-voting facility

record date

• Record date: 11 September 2026; total shareholders on record: 15,332

resolution 1 ordinary

• Adopt financial statements and reports of directors and auditors – passed

resolution 2 ordinary

• Director retiring by rotation to be reappointed – passed

resolution 3 ordinary

• Remuneration of Cost Auditors for the financial year ratified – passed

resolution 4 special

• Remuneration payable to Chairman and MD approved – passed

resolution 5 special

• Special resolution to approve a specified corporate action – passed

resolution 6 ordinary

• Approval of related party transactions of the company – passed

dividend / governance note

• No dividend proposed or declared at this AGM

auditors & governance

• Statutory auditors unchanged; Cost Auditors' remuneration ratified

vote outcomes

• All resolutions passed with high approval; no significant dissent reported

AGM: Key resolutions

• Audited standalone financial statements for year ended 31 March 2026 adopted.
• Reappointed Siddhishree Jhunjhunwala as director, retiring by rotation.
• Remuneration for Cost Auditors approved for FY 2026-27.
• Remuneration of Biswanath Jhunjhunwala, Chairman and MD, approved.
• Enhancement of limits under Section 186 approved.
• Material related party transactions for FY 2026-27 approved.

AGM voting and attendance

• 35 members attended the AGM.
• Remote e-voting facility available 1–17 Sep 2026.
• E-voting during AGM open for 15 minutes post-conclusion.
• Audit Report contained no qualifications.
• Meeting concluded at 11:15 IST.

AGM approvals and governance disclosures

• AGM date fixed for 18 September 2026; venue to be announced.
• Notice, Directors' Report and Corporate Governance Report for FY ended 31 March 2026 approved.
• Register of Members and Share Transfer Book closed 12–18 September 2026 for AGM.
• E-voting cut-off for AGM 2025-26 fixed; window details provided in notice.
• Scrutinizer appointed: M/s ALP Associates, Practicing Company Secretaries, for e-voting report.

AGM notice and annual report dispatch

• Dispatched AGM notice and Annual Report for FY 2025-26 to members electronically.
• Non-registered email holders will receive a web-link and exact path to the report.
• AGM scheduled on 18 September 2026 at 10:00 IST in Kolkata.
• Web-link for Annual Report: www.modernmalleables.com > Investor > Annual Report 2025-26.
• Shareholders without registered email advised to update with depositories to receive notices.

Financial performance

• Revenue from operations Rs 1,508.70 million in FY26.
• Operating profit Rs 27.18 crore in FY26.
• Profit before tax Rs 25.80 crore; tax Rs 6.45 crore.
• Profit after tax Rs 19.34 crore.
• Total income Rs 1,511.16 million.
• Basic earnings per share Rs 1.66.
• Dividend not declared for FY26.

Operations & expansion

• Relisted with BSE after two decades.
• Manufacturing units at Liluah, Howrah.
• ISO 9001:2015; NABL laboratory.

Capital structure & liquidity

• No long-term borrowings; short-term borrowings Rs 115.5 million.
• Paid-up capital Rs 116.53 million; equity Rs 1,779.23 million.

Governance

• Board comprises 6 directors; 2 executive, 4 non-executive.
• Board meetings held: 8 during FY26.
• Statutory auditors: BR Khaitan & Co; no fraud reported.
• Internal auditors: H. Kabra & Co.

Related party transactions

• Omnibus related party approvals in place; arm's length.
• Audit Committee reviews RPTs and quarterly disclosures.
• Related-party balances with KMP relatives disclosed.

CSR and BR reports

• CSR spend Rs 28.70 lakh; 2% of average net profit.
• CSR activities include animal welfare and education.
• BRR disclosed; demat shareholding 97.44%.
• CSR committee held 2 meetings.

Risks & outlook

• Economic slowdown could impact performance.
• Global demand may decline amid economic de-growth.
• Infra and energy demand expected to drive growth.

Shareholder information

• AGM on 18 Sep 2026 at The Antelope, Kolkata.
• Demat holding 97.44%; physical 2.56%.
• Listed on BSE and Calcutta Stock Exchange.
• Registered office: Kolkata.

AGM Details

• 42nd AGM on 18 September 2026 at 10:00 AM, physical venue in Kolkata.
• Record date for entitlement: 25 August 2026; e-voting cutoff: 11 September 2026.
• Share/register books closed 12–18 September 2026 for AGM.

Resolutions Put to Vote

• Ordinary: Adoption of standalone financial statements for year ended 31 March 2026.
• Ordinary: Re-appointment of Mrs. Siddhishree Jhunjhunwala, retiring by rotation.
• Special: Ratification of remuneration to Cost Auditors for FY 2026-27.
• Special: Revision in remuneration of Chairman & MD, effective 1 April 2026.
• Special: Enhancement of limits under Section 186 to Rs 150 crore.

Dividend

• Dividend for FY2025-26 not recommended.

Directors

• Mrs. Siddhishree Jhunjhunwala to retire by rotation and seek re-appointment.

Auditors

• Cost Auditor remuneration for 2026-27 ratified at Rs 25,000 plus taxes and out-of-pocket expenses.

Material Related Party Transactions

• RPTs with promoter group and related parties, arm's length, period Apr 1, 2026 to Mar 31, 2027.

Other Related Details

• Related party approvals include omnibus arrangements; Audit Committee reviewed, Board recommended.

Book closure and AGM details

• AGM date: 15 September 2026 at 10:00 AM, Kolkata.
• Book closure: 12 September 2026 to 18 September 2026 (inclusive).
• Record date: 11 September 2026 for AGM entitlement.
• Cut-off date: 11 September 2026 for voting entitlement.
• Security: Equity shares; scrip codes 517336 (BSE) and 023035 (CSE).
• Purpose: Annual General Meeting.