Shalimar Wires Industries Ltd

EGM basics

• VC/OAVM EGM held on 25 Aug 2026 from 11:30 to 11:58.
• 78 members attended, including 6 authorized representatives of bodies corporate.
• Chairman Sunil Khaitan presided and quorum was met.

Resolution: Special appointment

• Special resolution to appoint Sanjay Kumar Kaushik as Non-Executive Non-Independent Director.
• Remuneration terms are as set out in the Explanatory Statement and the appointment is subject to rotation.

Voting process

• Remote e-voting was conducted from 21 to 24 August with EGM voting available.
• Scrutinizer Mohan Ram Goenka was appointed to scrutinize votes.
• Voting results and Scrutinizer's report will be communicated to exchanges and posted on NSDL and the company site.

Governance impact

• Appointment affects board composition; no further governance changes disclosed.

Financial results and report

• Unaudited standalone results for the quarter ended 30 June 2026 approved and taken on record.
• Limited Review Report of the statutory auditors submitted with the results.

Dematerialisation status

• Certificate confirms dematerialisation activities for the reporting period as per RTA.
• Securities dematerialised/rematerialised have been listed on the relevant stock exchanges.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository registered owner substituted within timeline.

Price movement and AGM update

• Annual financial results and annual report for year ended 31 March 2026 announced on 29 May 2026.
• AGM held on 30 June 2026; shareholders approved the annual report.
• Share price movement deemed market-driven; no other information affecting price.

Board action and EGM notice

• Board approved appointment of Mr. Sanjay Kumar Kaushik as Independent Director subject to shareholder approval.
• He will be appointed as Additional Director (Independent) on the Board.
• EGM scheduled for 25 August 2026 at 11:30 AM via VC/OAVM to approve appointment.
• Board meeting on 4 July 2026 in Kolkata; timing 12:15 PM to 12:45 PM.
• Mr. Kaushik's DIN is 00329013; date of birth 01 January 1969; age 57.
• He does not hold any shares in the company.
• Experience: over 27 years in manufacturing; previously Director at Sunil Healthcare Limited and Kaneeka Trimurti Minerals Pvt Ltd.
• He is not related to any existing directors; will be Non-Executive Independent Director.
• Appointment is subject to shareholder approval.

Key board actions

• Appoint Sanjay Kumar Kaushik as Independent Additional Director, subject to shareholder approval.
• Convene EGM on Aug 25, 2026 at 11:30 AM via VC/OAVM.