Techindia Nirman 46th AGM 2026: auditors, directors

What Techindia Nirman has announced

Techindia Nirman Limited has scheduled its 46th Annual General Meeting (AGM) for September 22, 2026. The meeting will be conducted through video conferencing. The company has positioned the agenda around adopting audited financial statements for FY 2025-26 and taking up board and audit-related resolutions that it describes as urgent from a corporate governance standpoint.

The proposed business includes re-appointments of independent directors and appointments of statutory and secretarial auditors. The company is also dealing with long-standing non-compliance matters, and the new AGM agenda is framed as part of efforts to restore regulatory standing.

Why this AGM is being closely watched

The 46th AGM comes after an unusual outcome at the company’s 45th AGM, where shareholders did not approve any of the resolutions placed before them. That earlier voting outcome left key compliance and governance actions unregularised, including auditor-related decisions and board composition matters.

Separately, the company has disclosed that NSE has put a restriction on trading in its shares. Against that backdrop, shareholder approval for governance-related items becomes central for the company’s stated objective of regularising compliance.

Key items planned for the 46th AGM

According to the agenda outlined, the 46th AGM will focus on the adoption of audited financial statements for FY 2025-26 and several corporate governance resolutions. Three independent directors are proposed to be re-appointed for a second term of five consecutive years.

The three proposed independent director re-appointments are:

• Hitesh Rajnikant Purohit
• Vadla Nagabhushanam
• Madhukar Deshpande

On the audit side, the company proposes to appoint M/s. KP Sahasrabudhe & Co. as Statutory Auditors. It has also proposed Neha P. Agrawal as Secretarial Auditor.

How the 45th AGM ended with five resolutions not passed

Techindia Nirman Limited conducted its 45th AGM on Tuesday, May 05, 2026 at 11:00 AM at its registered office at Nath House, Nath Road, Chhatrapati Sambhajinagar (Aurangabad), in physical mode. The meeting was chaired by Mr. Satish Kagliwal.

The proceedings recorded attendance of 39 shareholders in total, comprising 11 from the promoter and promoter group and 28 from the public. The company also provided for remote e-voting before the meeting, and poll paper voting during the meeting.

All five resolutions placed before members at the 45th AGM failed to secure the requisite majority.

Voting process and key dates used in the 45th AGM

For the 45th AGM, remote e-voting was provided through the NSDL platform. The remote e-voting window opened on Saturday, May 02, 2026 at 09:00 AM and closed on Monday, May 04, 2026 at 05:00 PM IST.

The cut-off date used to determine eligible shareholders entitled to vote was Friday, April 24, 2026. The company also offered a voting facility via poll paper during the meeting.

What shareholders rejected in May 2026

The five resolutions included the adoption of financial statements for the year ended March 31, 2025 and governance items, including an independent director re-appointment and an auditor appointment to fill a casual vacancy.

One of the items that did not pass was the appointment of M/s. KP Sahasrabudhe & Co., Chartered Accountants, as Statutory Auditors from February 11, 2026 to March 31, 2026 to fill a casual vacancy. Another item listed as not passed was the reappointment of Mr. Vadla Nagabhushanam (DIN: 08863512) as Independent Director for a second term of five consecutive years.

What the disclosed numbers show from the 45th AGM

The consolidated voting results presented by the company show that, for Resolution 1 (Adoption of Financial Statements), the votes were decisively against.

The company has also disclosed that the promoter and promoter group, holding 2,510,173 shares, voted entirely in favour via e-voting, but was outvoted. Public non-institutional shareholders voted overwhelmingly against each item.

Snapshot table: 45th AGM facts and selected voting metrics

Compliance issues flagged after the 45th AGM

Following the May 2026 outcome, the company’s filings note governance consequences and compliance observations. It disclosed that two independent directors ceased to hold office, and the statutory auditor appointment remained unregularised.

The Scrutinizer also noted non-compliance with SEBI listing regulations on board composition, based on the company’s description of the outcome. These points provide context for why the 46th AGM agenda places emphasis on board continuity and audit appointments.

Market impact

The company’s disclosures indicate an ongoing effort to resolve long-standing non-compliance issues and improve regulatory standing. With trading in the company’s shares restricted by NSE, corporate actions that depend on shareholder approvals and compliant board and audit structures take added importance in day-to-day governance.

The 46th AGM is structured around items that were previously not carried through at the 45th AGM, including audit-related appointments and independent director terms. The outcome of these votes will directly influence whether the company can regularise governance positions that its own filings describe as pending.

Analysis: why the September 2026 votes matter

The contrast between the 45th AGM outcome and the 46th AGM agenda is notable because the company is attempting to revisit core governance matters soon after shareholders rejected all prior items. The May 2026 voting patterns also show a sharp divergence between the promoter group’s voting and public non-institutional shareholder voting.

From a compliance lens, the company’s disclosures link the prior voting outcome to board composition issues and unregularised auditor appointment matters. The September 2026 AGM therefore becomes a key checkpoint for whether the company can secure shareholder backing for a governance reset under the existing regulatory framework.

Snapshot table: 46th AGM agenda items disclosed

Conclusion

Techindia Nirman Limited’s 46th AGM on September 22, 2026 is set up around adopting FY 2025-26 audited financial statements and voting on director and auditor appointments. The meeting follows the 45th AGM in May 2026, where none of the five resolutions passed and filings flagged governance and compliance consequences.

The next clear milestone is the shareholder vote at the September 2026 AGM, where the company is seeking approvals it has linked to regularising compliance and strengthening corporate governance.