Terraform Magnum Ltd

AGM details

• AGM held on 28 September 2026 at 11:30 IST at registered office, in-person.
• Remote e-voting conducted 25–27 September 2026; poll not conducted as votes cast electronically.

Key resolutions

• Item 1: Adoption of financial statements and reports (ordinary).
• Item 2: Reappointment of director by rotation (ordinary).
• Item 3: Appointment of statutory auditor to fill casual vacancy; remuneration to be fixed (ordinary).

Voting results

• All resolutions passed; 100% in favor with 9 valid votes.
• No votes against recorded.
• Remote e-votes: 9; combined votes: 1,35,900.

Dividend

• No dividend proposed or declared in the filing.

Director changes

• Rotational reappointment of director approved (ordinary).

Auditor appointments

• Statutory auditor appointed to fill casual vacancy; remuneration to be fixed.

Material related party transactions

• No material RPTs disclosed in this segment.

Other material approvals

• Remuneration for new statutory auditors to be fixed.

AGM Details

• Date and time: 28 Sep 2026, 11:30 AM–1:00 PM.
• Mode: Physical AGM with remote e-voting.
• Venue: Godrej Coliseum, Mumbai.
• Remote e-voting window: 25–27 Sep 2026.
• Scrutinizer: Nrupang B. Dholakia appointed.

Key Resolutions

• Adopt financial statements for year ended 31 Mar 2026.
• Re-appoint director retiring by rotation: Mr. Vimal Kishor Shah.
• Appoint Ankit Goyanka & Associates as Statutory Auditors; fill casual vacancy; fix remuneration.

Voting and outcomes

• Voting results will be announced after Scrutinizer's report.

Book Closure & AGM Details

• Book closure for equity shares from Sep 22, 2026 to Sep 28, 2026 (both days inclusive).
• Purpose: For the 44th Annual General Meeting.
• Cut-off date for e-voting and AGM poll: Sep 21, 2026.
• AGM date: Sep 28, 2026 at 11:30 AM.
• Security: Equity shares of Rs. 10 each fully paid.
• E-voting via NSDL; no period specified.

Governance actions

• Secretarial Audit Report for FY ended 31 March 2026 noted.
• Director's Report for FY ended 31 March 2026 approved.
• Recommended appointment of Ankit Goyanka & Associates as Statutory Auditors to fill casual vacancy from resignation.
• Dates for closure of Register of Members and Share Transfer Register for 44th AGM considered.

AGM planning

• Scrutinizer Nrupang B. Dholakia appointed for AGM voting.
• Day, date, time and venue of 44th AGM and draft notice approved.

Meeting Details

• Board meeting on Thu, Aug 27, 2026 at 3:30 PM at Godrej Coliseum, Sion (East), Mumbai.

Key Agenda Items

• To note Secretarial Audit Report for the financial year ended March 31, 2026.
• To consider and approve Director's Report for FY ended March 31, 2026.
• To consider and approve appointment of M/s Ankit Goyanka & Associates as Statutory Auditors.
• To fill casual vacancy caused by resignation of M/s J.D. Zatakia & Co.
• To consider and approve the appointment of Scrutinizer Mr. Nrupang B. Dholakia for scrutinizing voting at the AGM.
• To fix day, date, time and venue of the 44th AGM and approve the draft AGM notice.
• To consider any other routine matter or business.

Financial results approved

• Board approved unaudited standalone quarterly results for quarter ended 30 June 2026.
• Board took note of the limited review report for the quarter ended 30 June 2026.

Auditor remarks and going concern

• Independent Auditor's Review Report notes material uncertainty related to going concern.
• Emphasis of Matter on leasehold property and related litigation.

Legal/regulatory and going concern disclosures

• Deed of Assignment (Kandivali East) revenue deferred under Ind AS 115 pending disputes.
• Going concern basis adopted due to negative net worth.
• Property classified as Inventory/Work-in-Progress pending final adjudication.

Dematerialisation status

• No dematerialisation/rematerialisation requests were received during the quarter ended 30 June 2026.