Please find attached herewith summary of proceedings of 79th Annual General Meeting of Modern Engineering and Projects Limited held on Tuesday, September 30, 2025 at 12:30 PM (IST).
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Modern Engineering And Projects Ltd held its 79th AGM on September 30, 2025, via Video Conferencing, starting at 12:30 PM and concluding at 12:48 PM. Six items were tabled: adoption of the audited financial statements for FY 2024-25 (Ordinary Resolution) and re-appointment of Mr. Radheshyam Laxmanrao Moplawar as a Director retiring by rotation (Ordinary Resolution). Under special business, shareholders considered appointing Mr. Fattehsingh Krishnrao Patil as Managing Director, approving commission/remuneration to the Non-Executive Chairman Mr. Moplawar for FY 2025-26, appointing Mr. Ajit Sagane as Independent Director, and re-appointing Secretarial Auditors for a 5-year term. E-voting was open from September 27–29, 2025, with M/s. Nidhi Bajaj & Associates appointed as Scrutinizer. Voting results will be filed with BSE within two working days.
The key outcomes affecting shareholders are the appointment of a new Managing Director, a new Independent Director, and approval of commission to the Non-Executive Chairman — which together signal board-level changes. The 18-minute meeting length and standard agenda suggest a routine, non-controversial AGM. Investors should watch for the voting results and scrutinizer's report due within two working days for the final outcome of each resolution.