Mahindra EPC Irrigation Limited has informed the Exchange regarding Corrigendum to Notice of Annual General Meeting.
MAHEPC · price
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Mahindra EPC Irrigation Limited has issued a Corrigendum to its 44th AGM Notice dated April 21, 2026. The key change is that the mode of conducting the AGM has been shifted from physical mode to Video Conferencing (VC)/Other Audio Visual Means (OAVM). This change was approved by the Board via circular resolution dated May 07, 2026, citing MCA and SEBI guidelines permitting virtual meetings. The AGM is scheduled for May 29, 2026 at 11:30 AM IST. The document also contains the full Annual Report for FY 2025-26 showing strong financial performance with sales of Rs. 312.09 Crores (up 14.5% YoY), PAT of Rs. 12.69 Crores (up 89.6% YoY), and EPS of Rs. 4.54 (up from Rs. 2.58). Key agenda items include director appointments, auditor reappointment, and related party transactions with Mahindra & Mahindra Limited.
The change to virtual AGM format is procedural and ensures wider shareholder participation. The strong financial performance (PAT up 89.6%) and agenda items including director appointments and related party transactions are positive indicators for shareholders. No material impact on stock price expected from this corrigendum alone.