Shareholders meeting

PCL/SEC/26-27/25 July 30, 2026 National Stock Exchange of India Limited, BSE Limited, "Exchange Plaza" 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C-1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai - 400001 Mumbai – 400051 NSE Scrip Code - PRECAM BSE Scrip Code – 539636 Subject: Proceedings of 34th Annual General Meeting held on Thursday, July 30, 2026. Dear Sir/Madam, Pursuant to provisions of Regulation 30 read with Clause 13, Para A, Part A, of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby submit the proceedings of 34th Annual General Meeting held on Thursday, July 30, 2026, via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). You are requested to take the same on record. Thanking You. Yours Faithfully, For Precision Camshafts Limited Harshal J. Kher Company Secretary and Compliance Officer Membership No. A69147 SUMMARY OF THE PROCEEDINGS OF THE 34th ANNUAL GENERAL MEETING DETAILED PROCEEDINGS OF THE 34th ANNUAL GENERAL MEETING (AGM) OF PRECISION CAMSHAFTS LIMITED A. Date, Time and Venue of the Meeting: The 34th Annual General Meeting of the Members of Precision Camshafts Limited was held on Thursday, July 30, 2026, at the registered office of the Company (Deemed location of the meeting) situated at D-5, M.I.D.C., Chincholi, Solapur – 413255, Maharashtra, India via Video Conferencing (VC)/ Other Audio-Visual Means (OAVM). The AGM commenced at 3:00 PM (IST) and concluded at 4:10 PM (IST). B. Proceedings in brief: Mr. Harshal Kher, Company Secretary and Compliance Officer, welcomed the Members, the Board of Directors and other Dignitaries of the Company attending the meeting and highlighted important points regarding participation at the meeting. He requested Mr. Yatin S. Shah, Chairman and Managing Director of the Company to chair the meeting. Mr. Yatin S. Shah, Chairman and Managing Director of the Company took the Chair and commenced the proceedings of the meeting. Following number of Members/authorised representatives were present at the AGM: Sr. No. Registered As No. of Attendees 1 Members 44 2 Authorised Representatives 1 Total 45 After ascertaining that the requisite quorum was present and attending, the Chairman called the meeting to transact the businesses. He then welcomed all the Members, Directors and other dignitaries. The Chairman informed that the Statutory Registers as required under the Companies Act 2013 and ESOS Certificate issued by the Secretarial Auditor are available and will remain accessible to the Members for inspection electronically till the conclusion of the meeting, if they so desire. The following Board Members were present at the 34th Annual General Meeting of the Company. Sr. Name of the Director Category of Directors Committee of which the No. Director is the Chairperson 1 Mr. Yatin S. Shah Chairman & Managing Director 1. Corporate Social Responsibility Committee 2. Risk Management Committee 2 Mr. Ravindra R. Joshi Whole-time Director & CFO - 3 Mr. Karan Y. Shah Whole-time Director - 4 Dr. Suhasini Y. Shah Non-Executive Director Stakeholders Relationship Committee 5 Mrs. Savani A. Laddha Independent Woman Director 1. Audit Committee 2. Nomination and Remuneration Committee 6 Mr. Suhas J. Ahirrao Independent Director - 7 Dr. Ameet N. Dravid Independent Director - 8 Mrs. Anagha S. Independent Director - Anasingaraju 9 Ms. Apurva P. Joshi Independent Director - The Chairman introduced the Board Members to the Members of the Company. He informed that the Authorized Representatives of Statutory Auditor, Secretarial Auditors and Internal Auditors of the Company were present at the AGM. The Chairman then delivered his speech in which he gave an overview of the industry and performance of the Company and its subsidiaries. He expressed his gratitude towards the other Board Members, employees and stakeholders of the Company. With the permission of the Members, the Notice convening 34th Annual General Meeting, Directors Report and Auditor’s Report on the Standalone and Consolidated Financials as circulated to the shareholders were taken as read. Thereafter, Mr. Harshal Kher, informed the Members that pursuant to Section 108 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules 2014, MCA Circulars and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had availed remote e-voting facility from NSDL to enable the shareholders to exercise their voting rights in respect of all the businesses mentioned in the Notice of the AGM. This remote e-voting facility was kept open from Monday, July 27, 2025, 9:00 AM (IST) till Wednesday, July 29, 2025, 5:00 PM (IST). He further informed that the Company had appointed Mr. Jayavant B. Bhave, Proprietor, M/s. J. B. Bhave & Co., Practicing Company Secretaries, Pune as Scrutiniser to scrutinise the remote e-voting process and e-voting during the meeting in a fair and transparent manner. Members were informed that the results of said e-voting will be declared by the Company after receiving a consolidated report from the Scrutiniser and will also be made available at the website of the Company and disclosed to the stock exchanges within prescribed time limits. The Members were also informed that those who have not availed the remote e-voting facility can cast their votes online during the meeting on all the resolutions set out in the notice of the AGM which were as follows: - Item Details of the Resolution passed Type of the Resolution(s) 1 To receive, consider and adopt: - Ordinary Resolution (a) The Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, including Reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, including the Reports of the Auditors thereon. 2 To declare final dividend of ₹. 1 per equity share of ₹ Ordinary Resolution 10/- each for the Financial Year ended March 31, 2026. 3 To appoint a director in place of Mr. Mr. Karan Y. Shah Ordinary Resolution (DIN: 07985441), who retires by rotation, and being eligible, offers himself for re-appointment. 4 To ratify the remuneration of Cost Auditors for the Ordinary Resolution Financial Year ending March 31, 2027. 5 To Approve the Payment of Remuneration Paid to the Special Resolution Executive Directors in Excess of the Limits Specified Under Section 197 And Schedule V of the Companies Act, 2013 for the Financial Year 2025-26 6 To Approve the Payment of Remuneration to Mr. Yatin Special Resolution S. Shah, Chairman and Managing Director, in the event of Inadequacy or Absence of Profits for the Financial Year 2026-27 7 To Approve the Payment of Remuneration to Mr. Special Resolution Ravindra R. Joshi, Whole-Time Director and Chief Financial Officer, in the event of Inadequacy or Absence of Profits for the Financial Year 2026-27 8 To Approve the Payment of Remuneration to Mr. Karan Special Resolution Y. Shah, Whole-Time Director, in the event of Inadequacy or Absence of Profits for the Financial Year 2026-27 The businesses as set out in the notice had been transacted. Mr. Harshal Kher requested the Members who were registered as speakers to ask their questions to the Board of Directors or express their views at the AGM. The Chairman and Managing Director answered the queries to their satisfaction. The Chairman thereafter concluded the Annual General Meeting by authorising Secretarial Team to declare results of voting and extended vote of thanks to the Members. The Members were also informed that the voting facility had been kept active for 15 minutes following the vote of thanks. After 15 minutes, the Company Secretary informed the Members that the consolidated voting results along with the scrutinizer’s report would be disseminated through the Stock Exchanges and also be placed on the website of the C [Showing first 8,000 characters — download PDF for full document]