SMT Engineering Ltd

AGM Details

• Date and time: 30 September 2026 at 12:30 IST via VC/OAVM.
• Attendance: 28 members attended through VC/OAVM.
• Chairman presided; meeting concluded at 1:15 PM IST.
• Remote e-voting: 27-09-2026 9:00 AM to 29-09-2026 5:00 PM; voting also at AGM.

Key Resolutions

• Resolution 1 (Ordinary): Adopt standalone financial statements for year ended 31 March 2026.
• Resolution 2 (Ordinary): Adopt consolidated financial statements for year ended 31 March 2026.
• Resolution 3 (Ordinary): Re-appoint Vishal Jaiswal, who retires by rotation.
• Resolution 4 (Ordinary): Increase authorised share capital to Rs 19.10 crore.
• Resolution 5 (Special): Issue up to 1,42,858 share warrants on preferential basis.

Related Party Transactions

• Resolution 6: Approve material RPT between Sai Machine Tools Pvt Ltd (subsidiary) and Prakhar Industries.
• Resolution 7: Approve material RPT between Chemerix Life Sciences Pvt Ltd and Prakhar Industries.
• Resolution 8: Ratify material RPT between Sai Machine Tools Pvt Ltd and SMT Plast.
• Resolution 9: Ratify material RPT between Sai Machine Tools Pvt Ltd and Prakhar Industries.
• Resolution 10: Ratify material RPT between Sai Machine Tools Pvt Ltd and Softcare Solutions.
• Resolution 11: Ratify material RPT between Sai Machine Tools Pvt Ltd and Ajay Jaiswal.

Voting Status

• Resolutions outcomes not disclosed in filing; results to be announced on company website and BSE.

Director Changes

• Vishal Jaiswal retires by rotation and seeks re-appointment.

SMT Engineering Ltd – Trading window closed from 1 October 2026 till 48 hours after declaration of unaudited Standalone and Consolidated Financial Results for the quarter and half year ended 30 September 2026

Key AGM corrigendum updates

• Warrants count revised to 1,42,858 in Item 5.
• Proposed use: investment in Chemerix Life Sciences Private Limited for manufacturing unit capex.
• Total issue proceeds: Rs 4,00,00,240.
• Chemerix capex allocation: Rs 3,90,00,240.
• General corporate purposes: Rs 10,00,000.
• Utilization window: within 12 months from receipt of funds.
• Assumed 100% conversion of warrants into equity within stipulated time.
• Corrigendum forms part of the original AGM notice.

Shareholder communications

• Letters dispatched to shareholders without registered emails detailing Annual Report access.
• Annual Report FY2025-26 accessible on SMT Engineering website.
• Copy of the letter enclosed for reference.

AGM notice and compliance updates

• 34th AGM scheduled for 30 September 2026 at 12:30 PM IST via VC/OAVM.
• Annual Report 2025-26 link path provided on website.
• Cut-off date for non-registered holders: 28 August 2026.
• SEBI circular 2024 mandates updating KYC details and dematerialisation.
• KYC data required: PAN, address, mobile, bank details, specimen signature, nomination.
• ISR-1/2/3, SH-13/14 forms available on Niche Tech RTA site.
• Queries to compliance@saimachinetools.com or +91 9109169673.

Key board approvals

• Approved increase of authorised share capital from Rs 18.10 Cr to Rs 19.10 Cr, subject to shareholder approval.
• Approved preferential issuance of up to 1,42,858 convertible warrants at Rs 280 to promoters, subject to approvals.
• Approved material related party transactions between Sai Machine Tools Pvt Ltd and Prakhar Industries, subject to shareholder approval.
• Approved material related party transactions between Chemerix Life Sciences Pvt Ltd and Prakhar Industries, subject to shareholder approval.
• Ratified material related party transactions between Sai Machine Tools Pvt Ltd and SMT Plast, subject to shareholder approval.
• Ratified material related party transactions between Sai Machine Tools Pvt Ltd and Prakhar Industries, subject to shareholder approval.
• Ratified material related party transactions between Sai Machine Tools Pvt Ltd and Softcare Solutions, subject to shareholder approval.
• Ratified material related party transactions between Sai Machine Tools Pvt Ltd and Ajay Jaiswal, subject to shareholder approval.
• Approved the Board's Report including MD&A, Secretarial Audit, and Corporate Governance for FY 2025-26.
• Approved AGM notice for 30 September 2026 at 12:30 PM via video conferencing.
• Fixed e-voting cutoff date at 23 September 2026.
• E-voting period fixed from 27 September 2026 9:00 AM to 29 September 2026 5:00 PM.
• Appointed Soumya Bumb as scrutinizer for AGM e-voting.

Meeting Details

• Board meeting scheduled for 3 September 2026; time and venue not disclosed.

Key Agenda Items

• Proposal to raise funds via issuance of instruments (equity, warrants, or other securities) through preferential issue.
• Convene AGM to obtain approvals for the above share issuance proposal.
• Other ancillary business.

Other Notes

• Trading window closed from today until 48 hours after Board Meeting outcome.