Corrigendum is being issued in continuation to Forty Fourth (44th) Annual General Meeting Notice of Mahindra EPC Irrigation Limited, in compliance with Regulations 30 and 34 and other applicable ....
MAHEPC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mahindra EPC Irrigation Ltd has issued a corrigendum to its 44th AGM notice, changing the meeting mode from physical to Video Conferencing/OAVM. The AGM is scheduled for May 29, 2026 at 11:30 AM. Key agenda items include adoption of FY2025-26 financial statements showing strong performance with sales of Rs.312.09 crore (up 14.5% from Rs.272.67 crore) and PAT of Rs.12.69 crore (up 76% from Rs.7.21 crore). Other business includes retirement of Chairman Shriprakash Shukla due to superannuation, re-appointment of Managing Director Ramesh Ramachandran for 3 years at Rs.36 lakh remuneration, appointment of two new Independent Directors (Balram Singh Yadav and Dr. Purvi Mehta Bhatt), and ratification of related party transactions with holding company Mahindra & Mahindra Ltd amounting to Rs.4,877.88 lakh for FY2025-26 and proposed Rs.15,000 lakh for FY2026-27.
The shift to virtual mode ensures broader shareholder participation while maintaining compliance. The leadership change at the board level and strong financial performance with PAT nearly doubling are key factors shareholders should monitor closely.