Shareholders meeting

KIRLOSKAR ELECTRIC COMPANY LTD., Sect./25/2026-27 August 13, 2026 The Manager, The Manager, Corporate Relationship Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, 2nd Floor, New Trading Ring, C-1, Block ‘G’, 5th Floor, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400 001. Mumbai – 400051. Scrip: 533193; ISIN: INE134B01017 Symbol: KECL; ISIN: INE134B01017; Dear Sir, Sub: Proceedings of 79th Annual General Meeting (‘AGM’) of the Company; Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; Time of commencement of meeting : 11:00 AM Time of conclusion of meeting : 11:56 AM The 79th Annual General Meeting of the Company was held today i.e., August 13, 2026 through Video Conferencing. In this connection, we attach hereto the proceedings of the 79th AGM of the Company. This is for your information and dissemination. Thanking you Yours faithfully for Kirloskar Electric Company Limited Mahabaleshwar Bhat Company Secretary & Compliance Officer Encl: a/a Regd. Office: No. 19, 2nd Main Road, Peenya 1st Stage, Phase -1, Peenya, Bengaluru, Karnataka, 560058 T+91 80 2839 7256, F +91 80 2839 6727; Email Id: investors@kirloskarelectric.com Customer care No. : 1800 102 8268, website: www.kirloskarelectric.com CIN: L31100KA1946PLC000415 KIRLOSKAR ELECTRIC COMPANY LTD., PROCEEDINGS OF THE 79th ANNUAL GENERAL MEETING (“AGM”) OF THE MEMBERS OF KIRLOSKAR ELECTRIC COMPANY LIMITED HELD ON THURSDAY, AUGUST 13, 2026 THROUGH VIDEO CONFERENCING/ OTHER AUDIO VISUAL MEANS (“VC / OAVM”). Time of commencement of meeting : 11.00 AM Time of conclusion of meeting : 11.56 AM The meeting was held in compliance with the General Circular No. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs (“MCA”) in continuation of its previous circulars (including General Circular No. 20/2020 dated May 5, 2020, and General Circular No. 09/2024 dated September 19, 2024), and in compliance with the provisions of the Companies Act, 2013 (“the Act”), the Rules made thereunder, the secretarial standards and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”). a. Summary of proceedings of the meeting:  Mr. Vijay R Kirloskar (DIN: 00031253), Executive Chairman of the Company commenced the meeting by welcoming the members attending through video conferencing / other audio visual means. He informed the members that the meeting was convened and conducted in accordance with the circulars issued by the Ministry of Corporate Affairs and SEBI. Thereafter, he confirmed that the requisite quorum was present at the AGM and called the meeting to order. He then introduced all the Directors to the members.  Mr. Suresh Kumar (DIN: 02741371), Chairman of Audit Committee, Stakeholder Relationship Committee & Nomination & Remuneration Committee was present at the meeting through VC.  Representatives of M/s. K N Prabhashankar & Co., Chartered Accountants, Statutory Auditors, Representatives of Scrutinizer for the remote e-voting and the e-voting during the proceedings of the AGM, Mr. K Chandra Sekhar, Practicing Company Secretary and Secretarial Auditor Mr. Sudheendra P Ghali, practising Company Secretary, were also present at the Meeting through VC.  Thereafter, Chairman requested the Company Secretary to provide general instructions to participants of the meeting.  The Company Secretary highlighted certain points regarding the participation in the meeting and informed the members that the statutory registers and documents required to be placed before the AGM were made available electronically for inspection by the members if they so desire Regd. Office: No. 19, 2nd Main Road, Peenya 1st Stage, Phase -1, Peenya, Bengaluru, Karnataka, 560058 T+91 80 2839 7256, F +91 80 2839 6727; Email Id: investors@kirloskarelectric.com Customer care No. : 1800 102 8268, website: www.kirloskarelectric.com CIN: L31100KA1946PLC000415 KIRLOSKAR ELECTRIC COMPANY LTD., during the AGM. He also informed that all efforts feasible have been made to enable electronic participation and voting of the members for the AGM.  The Chairman requested Mr. Anand B Hunnur (DIN: 06650798), Managing Director of the Company to address the members on his behalf. Mr. Anand B Hunnur, in his speech, briefed the members regarding the key highlights of the performance of the Company for FY 2025-26, market outlook and way forward.  With the consent of members, the Auditor’s Report & the notice convening the meeting was taken as read.  The Chairman informed that the Notice of the 79th AGM together with the Annual Report was already sent by electronic mode to all the Members on July 21, 2026. The Company also dispatched a physical letter via permitted postal modes to those Shareholders whose email addresses are not registered with the Company, its Registrar and Share Transfer Agent (RTA), or the Depository Participants. The said physical letter contains the specific Web-link providing direct access to view and download the Notice of the 79th AGM and the 79th Annual Report for the financial year 2025-26. It also outlines the necessary procedure to enable such Shareholders to register/update their email addresses for all future electronic communications.  Thereafter, the speaker shareholders registered for this meeting were invited to raise any query and offer any suggestion. The management of the Company answered to all the queries raised by the members and noted down their suggestions for due consideration. b. Business transacted at the meeting: Sl. No Agenda Item Type of Resolution ORDINARY BUSINESS 1. Adoption of the audited standalone financial statement of Ordinary Resolution the Company for the year ended March 31, 2026 together with the reports of the Board of Directors and auditor’s thereon; and the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon; 2. Appointment of a director in place of Ms. Rukmini Kirloskar Ordinary Resolution (DIN: 00309266), who retires by rotation and being eligible, offers herself for re-appointment; Regd. Office: No. 19, 2nd Main Road, Peenya 1st Stage, Phase -1, Peenya, Bengaluru, Karnataka, 560058 T+91 80 2839 7256, F +91 80 2839 6727; Email Id: investors@kirloskarelectric.com Customer care No. : 1800 102 8268, website: www.kirloskarelectric.com CIN: L31100KA1946PLC000415 KIRLOSKAR ELECTRIC COMPANY LTD., SPECIAL BUSINESS 3. Re-appointment of Mr. Vijay R Kirloskar (DIN: 00031253) as Special Resolution Executive Chairman of the Company (Whole-time Director); 4. Appointment of Ms. Janaki Kirloskar (DIN: 00309238), as Ordinary Resolution Director of the Company; 5. Promotion of Ms. Janaki Kirloskar (DIN: 00309238) as Joint Special Resolution Managing Director of the Company; 6. Appointment of M/s. BMS Auditing, Chartered Accountants, Ordinary Resolution as auditor of the Branch office situated at Ajman, UAE; 7. Ratification of the remuneration of the Cost Auditors for Ordinary Resolution the financial year ending March 31, 2025; 8. Raising of funds through preferential issue and allotment of Special Resolution equity shares to Kirloskar Power Equipments Limited, a promoter group entity of the Company, for cash;  Mr. Anand B Hunnur informed the members that the e-voting facility on CDSL Platform will continue to be available for the next 30 minutes. Therefore, those members who had not casted their vote through remote e-voting may do so within the next 30 minutes and that the resolution as set forth in the notice shall be deemed to be passed subject to the receipt of the requisite number of votes.  He further stated that, Mr. K Chandra Sekhar, Practicing Company Secretary (ACS No. 14441 & COP No. 24363) was appointed as the scrutinizer in connection with the voting process for the AGM and that the results of vo [Showing first 8,000 characters — download PDF for full document]