Nagpur Power & Industries Ltd

AGM Details

• AGM held on 29 September 2026 via VC/OAVM.
• Start time 3:00 PM, end time 3:06 PM.
• Record date for entitlements was 22 September 2026.
• Register of Members closed 23 September to 29 September 2026.

Key Resolutions

• Ordinary resolution to adopt the standalone and consolidated financial statements and reports.
• Ordinary resolution for re-appointment of Ms Nidhi Salampuria on rotation.
• Special resolution to re-appoint Mr Gautam Khandelwal as Executive Chairman (Whole-Time Director).

Voting Results

• Resolution 1 passed with 99.9999% assent and 0.01% dissent.
• Resolution 2 passed with 99.8646% assent and 0.1008% dissent.
• Resolution 3 passed with 100.0000% assent and 1 dissenting vote.

Director Changes

• Ms Nidhi Salampuria re-appointed on rotation as director.
• Mr Gautam Khandelwal re-appointed as Whole-Time Director (Executive Chairman).

AGM Details

• AGM held September 29, 2026 at 3:00 PM via Video Conferencing.
• Mode: VC/OAVM; duration 3:00 PM to 3:06 PM.

Resolutions

• Ordinary: Adopt Audited Financial Statements (Standalone & Consolidated) for the year ended March 31, 2026.
• Ordinary: Re-appoint Ms. Nidhi Salampuria (DIN: 07138654) who retires by rotation.
• Special: Re-Appoint Mr. Gautam Khandelwal (DIN: 00270717) as Whole-Time Director designated 'Executive Chairman'.

Voting & Governance Notes

• Audit Report had no qualifications; not required to be read at the meeting.
• Voting results will be communicated to BSE and posted on the company's website.

Nagpur Power and Industries Limited closes trading window from October 01, 2026 till the end of 48 hours after the declaration of Un-Audited Financial Results (Standalone & Consolidated) for the quarter and half year ended September 30, 2026

Book Closure Details

• Equity shares; book closure 23-09-2026 to 29-09-2026 (inclusive); record date 22-09-2026 for AGM on 29-09-2026.

Record date for AGM voting

• Cut-off date for reckoning voting rights at the 30th AGM: 22-09-2026.
• Security type: Equity Shares.
• Record date: 22-09-2026.

Financial snapshot

• Standalone revenue from operations: 66,100.94 thousand; total income: 74,302.20 thousand.
• Standalone PAT: (26,147.74) thousand; Standalone EPS: (2.00).
• Consolidated revenue from operations: 841,234.59 thousand; total income: 855,035.59 thousand.
• Consolidated PAT: (21,364.28) thousand; Consolidated EPS: (1.76).
• Dividend not declared for FY2025-26.
• Equity capital: 13,095,507 shares; paid-up ₹130,955.07 thousand.
• MMCPL turnover: 7,751.34 Lakhs; total revenue: 7,857.32 Lakhs; PAT: 47.83 Lakhs.
• Promoter stake: Zeppelin Investment Pvt Ltd at 43.08% as of 31 Mar 2026.
• Standalone net debt: ₹0.83 million; cash and cash equivalents: ₹1.87 million.

Subsidiary performance

• Material subsidiary: The Motwane Manufacturing Co. Pvt. Ltd. (64.65% stake).
• MMCPL turnover around ₹77.5 crore; PAT around ₹0.48 crore.
• MMCPL contributes to consolidated performance; management highlights improved productivity.

Capital structure & liquidity

• Equity share capital unchanged at ₹130,955.07 thousand; no differential voting rights.
• Promoters/group holdings: Zeppelin 43.08%; LIC 6.64%; Gautam Khandelwal 5.63%.
• Standalone borrowings: ₹2,702.73 thousand; net debt about ₹833.66 thousand.
• Cash and cash equivalents: ₹1,869.08 thousand; consolidated cash ₹18,109.08 thousand.
• Total equity (Standalone) ₹788,990.03 thousand; Consolidated ₹936,122.62 thousand.

Governance & controls

• Board: five directors; four non-executive; three independent; Executive Chair: Gautam Khandelwal.
• Four Board meetings held in 2025-26; AGM via VC/OAVM.
• KMP: Akansha Patel appointed Company Secretary & Compliance Officer on 19 Nov 2025.
• Auditors: Statutory Parekh Sharma; Internal M.V. Ghelani; Secretarial DSM & Associates.
• BSE penalties for late filings; paid within prescribed time.
• CEO/CFO certifications and independence declarations aligned with LODR.

Risk & outlook

• Risks include slag/raw material supply; MMCPL strategy to expand into new segments.
• NBFC status discussed; current business shifted away from NBFC activities; focus remains on core operations.

AGM details & disclosures

• 30th AGM on Sep 29, 2026; VC/OAVM; cut-off Sep 22, 2026 for e-voting.
• Remote e-voting window: Sep 24-28, 2026; e-voting per NSDL guidelines.
• Notice and Annual Report circulated electronically; hard copies on request.

AGM Details

• AGM date/time/mode: 29 Sep 2026, 3:00 PM IST, VC/OAVM.
• Cut-off for e-voting: 22 Sep 2026.
• Register of Members closed: 23–29 Sep 2026.
• Remote e-voting period: 24–28 Sep 2026.

Resolutions

• Ordinary: adopt Audited Financial Statements (standalone and consolidated).
• Ordinary: re-appoint Nidhi Salampuria by rotation.
• Special: re-appoint Gautam Khandelwal as Executive Chairman for 3 years.
• Special: remuneration fixed at Rs 24 lakh per annum.
• Special: board empowered to alter terms within statutory limits.

Voting Status

• Voting results not disclosed in this filing.
• Results to be declared at AGM and posted on company and NSDL websites.

Directors & Remuneration

• Nidhi Salampuria to be re-appointed by rotation as director.
• Gautam Premnath Khandelwal re-appointed as Executive Chairman for 3 years; Rs 24 lakh.

Financial highlights

• Consolidated total income ₹2,047.77 lakhs for quarter ended 30-Jun-2026.
• Consolidated revenue from operations ₹1,713.81 lakhs.
• Consolidated other income ₹333.96 lakhs.
• Consolidated PBT ₹-16.40 lakhs.
• Consolidated PAT ₹-16.40 lakhs.
• Consolidated EPS (Basic and Diluted) ₹-0.13.
• Standalone total income ₹331.92 lakhs.
• Standalone PAT ₹247.37 lakhs.
• Standalone EPS (Basic/Diluted) ₹1.89.
• Segment revenue - Electrical Division ₹1,094.76 lakhs.
• Segment revenue - Electro Mechanical Division ₹619.05 lakhs.
• PBIT - Ferro manganese segment ₹247.89 lakhs.
• PBIT - Electrical Division ₹-131.91 lakhs.
• PBIT - Electro Mechanical Division ₹-74.85 lakhs.
• Total Segment Assets ₹12,874.61 lakhs.
• Total Segment Liabilities ₹3,536.94 lakhs.