Shareholders meeting

August 26, 2026 To To Listing Department Dept. of Corp. Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 Symbol/Security ID: POWERMECH Security Code: 539302 Dear Sir/ Madam, Sub: Submission of Notice of 27th Annual General Meeting (AGM) of the Company ***** Please find enclosed notice for the 27th AGM to be held on Thursday, September 17, 2026, at 09:30 a.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The notice of 27th AGM is also made available on the website of the Company at: https://powermechprojects.com/announcements/ Kindly take the same on record and acknowledge the receipt. Yours faithfully, For Power Mech Projects Limited M. Raghavendra Prasad Company Secretary and Compliance officer M. No.: A41798 Encl: as above Power Mech Projects Limited Annual Report 2025-26 Power Mech Projects Limited Corporate Identification No (CIN) - L74140TG1999PLC032156 Regd. Office: Plot No.77, Jubilee Enclave, Opp: Hitex , Madhapur., Hyderabad, Telangana, India, 500081. Tel.: +91 40 30444444 Fax: +91 40 30444400 Email id: cs@powermech.net Website: https://powermechprojects.com/ NOTICE Notice is hereby given that the 27th Annual General Meeting Special Business: (AGM) of the members of Power Mech Projects Limited (“the Item No.4: Appointment of Mrs. Vasundhara Sinha (DIN: Company”) will be held on September 17, 2026, at 9:30 a.m. 11566123) as independent director of the Company: (IST) through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) to transact the following businesses: To consider and, if thought fit, to pass with or without modification(s), the following resolution as a special resolution: Ordinary Business: “RESOLVED THAT pursuant to the provisions of Sections 149, 152 and other applicable provisions, if any, of the Companies Item No.1: Adoption of financial statements: Act, 2013 (“the Act”) and the Rules made thereunder, read To receive, consider, approve and adopt the audited standalone with Schedule IV of the Act and Regulation 17, 25 and other and consolidated financial statements of the Company for applicable provisions of the Securities and Exchange Board the financial year ended March 31, 2026, and the Reports of of India (Listing Obligations and Disclosure Requirements) the Board and Auditors thereon and in this regard, pass the Regulations, 2015 (“the Listing Regulations”) (including any following resolution as Ordinary Resolution: statutory modification(s) or re-enactment(s) thereof for the time being in force) and pursuant to the recommendation of “RESOLVED THAT pursuant to Section 134 and other Nomination and Remuneration Committee of the Board, Mrs. applicable provisions of the Companies Act, 2013, and rules Vasundhara Sinha (DIN: 11566123) who was co-opted as an made thereunder the audited standalone and consolidated additional director (Non-executive and Independent) of the financial statements of the Company for the year ended Company by the Board of directors on June 20, 2026, and March 31, 2026, and the reports of the Board of Directors who holds office up to the date of this annual general meeting and auditors thereon be and are hereby received, considered, of the Company in terms of Section 161(1) of the Act and approved and adopted.” Article 44 of the Articles of Association of the Company and Item No.2: Declaration of dividend on the equity shares: having submitted a declaration confirming that she meets the criteria of independence as prescribed under Section 149(6) To declare Dividend on equity shares for the financial year of the Act and Regulation 16(1)(b) of the Listing Regulations, ended March 31, 2026, and in this regard, pass the following and in respect of whom the Company has received a notice resolution as an Ordinary Resolution: in writing from a member under Section 160(1) of the Act “RESOLVED THAT dividend at the rate of 15% i.e. ₹1.50 (One proposing her candidature for the office of Director, be and is rupee and fifty paise only) per equity share of ₹10/- (ten hereby appointed as an Independent Director of the Company, rupees) each for the financial year ended March 31, 2026, be not liable to retire by rotation, to hold office for a term of 2 and is hereby approved and declared.” (two) consecutive years commencing from June 20, 2026.” Item No.3: Re-appointment of a director: Item No.5: Approval for formulation, adoption, and implementation of “Power Mech Projects Limited To appoint a director in place of Mr. M. Rajiv Kumar, who -Employee Stock Option Plan -2026” (“PMPL ESOP retires by rotation and being eligible, offers himself for re- -2026”/ “Plan”) for grant of employee stock options to appointment and in this regard, pass the following resolution the employees of the Company under this Plan: as an Ordinary Resolution: To consider and, if thought fit, to pass with or without “RESOLVED THAT pursuant to the provisions of Section 152 of modification(s), the following resolution as a Special Resolution: the Companies Act, 2013, Mr. M. Rajiv Kumar (DIN:07336483), who retires by rotation at the annual general meeting and “RESOLVED THAT pursuant to Section 62(1)(b) and other being eligible offers himself for re-appointment, be and is applicable provisions of the Companies Act, 2013 (hereinafter hereby re-appointed as a Director of the Company, liable to referred to as the “Act”) read with rules thereunder, applicable retire by rotation.” provisions of the Securities and Exchange Board of India (Share Statutory Reports Company Overview Financial Statements Based Employee Benefits and Sweat Equity) Regulations, 2021 RESOLVED FURTHER THAT in case of any corporate action(s) (“Regulations”), applicable provisions of the Foreign Exchange such as rights issues, bonus issues, stock splits, consolidation Management Act, 1999, as amended or restated and rules, of shares, merger/ demerger, sale of division/undertaking etc., circulars, notifications, regulations and guidelines issued if any, Options will be adjusted accordingly to the Options thereunder (“FEMA”), applicable provisions of the Securities and grantees for the purpose of making a fair and reasonable Exchange Board of India (Listing Obligations and Disclosure adjustment to the Options granted earlier/to be granted, and Requirements) Regulations, 2015, (“Listing Regulations”) (including the Nomination and Remuneration Committee/ Compensation any amendments, modifications or re-enactments thereof for Committee and/or the Board of Directors be and are hereby the time being in force), in accordance with provisions of the authorized to do all such acts, deeds, matters and things as memorandum and articles of association of the Company, as it may deem fit in its absolute discretion and as permitted amended, and any other applicable rules, regulations, guidelines, under applicable laws, so as to ensure that fair and equitable notifications, circulars and clarifications issued by the Securities benefits under the plan are passed on to the employees of and Exchange Board of India (“SEBI”), Stock Exchanges and/ the Company and the above ceiling in terms of number of or any other competent authority including any amendments, equity shares/stock options shall be deemed to be increased modifications or re-enactments thereof for the time being in force, in proportion to the additional equity shares issued in the subject to any applicable approval(s), consent(s), permission(s) event of aforesaid corporate action(s). and sanction(s) of any competent authority(ies) and also RESOLVED FURTHER THAT in case the equity shares of the any condition(s) and modification(s) as may be prescribed or Company are either sub-divided or consolidated, then the imposed by such authority(ies) while granting such approval(s), number of equity shares to be issued by the Company and consent(s), permission(s) and sanct [Showing first 8,000 characters — download PDF for full document]