Mahindra EPC Irrigation Limited has informed the Exchange regarding Proceedings of 44th Annual General Meeting held on May 29, 2026
MAHEPC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mahindra EPC Irrigation Limited held its 44th AGM on May 29, 2026 via video conference, chaired by Mr. Shriprakash Shukla. Of 26,600 total shareholders, 41 members attended. The meeting lasted from 11:30 AM to 1:12 PM. Key resolutions passed include adoption of standalone and consolidated financial statements for FY 2026, retirement of Chairman Mr. Shriprakash Shukla (superannuation, not seeking reappointment), and re-appointment of B S R & Co. LLP as statutory auditors for 5 years. Special business included re-appointment of Managing Director Mr. Ramesh Ramachandran for 3 years (Sept 2026–Aug 2029), appointment of Mr. Balram Singh Yadav and Dr. Purvi Mehta Bhatt as Independent Directors (5-year terms each), and approval of commission payable to Independent & Non-Executive Directors for FY 2025-26 to FY 2027-28. Related party transactions with holding company Mahindra & Mahindra Limited (for FY 2025-26 and proposed for FY 2026-27) were also approved. The consolidated voting results and Scrutinizer's Report will be filed separately.
No immediate stock price impact — voting results are pending. Key watch items: retirement of long-serving Chairman Shriprakash Shukla, continuation of the managing director, and related party transactions with Mahindra & Mahindra. The company appears to be undergoing a controlled board transition.