Vakrangee Limited Schedules 36th AGM for September 23, 2026; Approves Material RPTs
Vakrangee Limited will hold its 36th AGM on September 23, 2026, via VC/OAVM. The agenda includes adopting FY26 financial statements and re-appointing a director. Shareholders will also vote on altering the MOA for renewable energy business and approving related party transactions totaling up to ₹110 crore with VL E-Governance, Vortex Engineering, and Vakrangee Finserve for FY27.
The AGM is a standard corporate event. The approval of related party transactions and the MOA alteration for a new business area could have a medium-term impact, but the immediate impact is neutral.
The announcement is a routine notice for an AGM and approval of related party transactions. While the MOA alteration is a strategic step, the core of the announcement is procedural.
Vakrangee Limited has announced the schedule for its 36th Annual General Meeting (AGM), which will be held on Wednesday, September 23, 2026, at 11:00 A.M. IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in accordance with the latest circulars from the Ministry of Corporate Affairs and SEBI.
Key agenda items for the AGM include the adoption of Audited Financial Statements (Standalone & Consolidated) for the financial year ended March 31, 2026, and the re-appointment of Mr. Vedant Dinesh Nandwana as a Director. Additionally, shareholders will vote on special business, including the alteration of the Object Clause in the Memorandum of Association of the Company to include a new sub-clause related to manufacturing and dealing in renewable energy products, batteries, and associated systems.
The meeting will also seek approval for material related party transactions. These include transactions with VL E-Governance & IT Solutions Limited for an aggregate value not exceeding ₹50 crore, with Vortex Engineering Private Limited for up to ₹50 crore, and with Vakrangee Finserve Limited for up to ₹10 crore, all for the financial year 2026-27, to be conducted in the ordinary course of business and at arm's length.
The e-voting period will commence on Sunday, September 20, 2026, at 09:00 A.M. and conclude on Tuesday, September 22, 2026, at 05:00 P.M. The Annual Report 2025-26, along with the Notice of AGM, was dispatched electronically on Monday, August 31, 2026, and is also available on the company's website and stock exchange portals. The register of members and share transfer books will be closed from September 17, 2026, to September 23, 2026, inclusive.
A plain-language summary of a public exchange filing by Vakrangee Limited. Read the original for the full detail.