Power Mech Projects Limited — AGM Information 2025

Sep 22, 2025

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Date: September 22, 2025

To Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Scrip Code - 539302

To Listing Department National Stock Exchange of India Ltd., Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Symbol - POWERMECH

Dear Sir / Madam,

Sub: Proceedings of the 26[th] Annual General Meeting

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Pursuant to Regulation 30 read with schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, please find enclosed the proceedings of 26[th] Annual General Meeting (AGM) of the Company, held today (i.e., September 22, 2025) through Video Conferencing (VC) /Other Audio Visual Means (OA VM).

The video recordings of the aforementioned AGM is also made available on the Company's website under Shareholders Information tab at:

https://powermechprojects.com/announcements/

Kindly take the same on record and acknowledge the receipt.

Thanking you.

Yours faithfully,

For Power Mech Projects Limited

MOVVA Digitally signed by MOVVA RAGHAVENDRA PRASAD RAGHAVENDRA Date: 2025.09.22 14:57:43 PRASAD +05'30'

M. Raghavendra Prasad Company Secretary and Compliance officer

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SUMMARY OF THE PROCEEDINGS OF 26[th] ANNUAL GENERAL MEETING

The 26[th] Annual General Meeting (AGM) of the members of Power Mech Projects Limited was convened on Monday, September 22, 2025, at 10:00 a.m. (IST) through Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM").

Directors present through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”):

Mr. Sajja Kishore Babu	:	Chairman and ManagingDirector
Mr. SajjaRohit	:	Whole-timeDirector
Mrs. Sajja Lakshmi	:	Director and Chairperson of Corporate Social Responsibility Committee of the Company
Mr. Rajiv Kumar Motihari	:	Director and Chaiman of Stakeholders Relationship Committee of the Company
Mr. Jayarama Prasad Chalasani	:	Independent director and Chairman of Audit Committee and member of Nomination and Remuneration Committee of the Company
Mrs. Lasya Yerramneni	:	Independent woman director
Mr. Bontha Prasada Rao	:	Independent director and Chairman of Risk Management Committee of the Company

Except Mr. Vivek Paranjpe, Independent Director and Chairman of the Nomination and Remuneration Committee of the Company, who expressed his inability to participate this meeting and requested for leave of absence, all the Directors of the Company were present at this meeting.

In attendance (through Video Conference):

Mr. M. Raghavendra Prasad : Company Secretary and Compliance Officer

Invitees Present through Video Conference:

Mr. N. Nani Aravind	:	Chief Financial Officer of the Company (CFO)
Mr. K. Rajaj	:	Statutory Auditors, from Brahmayya & Co, Chartered Accountants
Mr. D.S. Rao	:	Secretarial Auditor and Scrutinizer for the remote e-voting & e-voting during the AGM

Members Present:

Total no. of shareholders participated in AGM through VC or OAVM : 48

The Company Secretary welcomed the Shareholders, Directors, Auditors and other Stakeholders to the Company’s 26[th] AGM. After ensuring that the requisite quorum was present, he requested Mr. Sajja Kishore Babu, Chairman and Managing Director, to commence the proceedings of the meeting.

Mr. Sajja Kishore Babu, Chairman and Managing Director of the Company, Chaired the meeting and conducted the proceedings of the meeting. He also delivered his speech in which he covered the key areas including the Company’s performance, its positioning within the industry, strategic initiatives for the upcoming years, and other broad aspects of the Company’s offerings.

Thereafter, the Company Secretary informed the members that the statutory registers such as register of Directors and Key managerial personnel and their shareholding (as per Section 170 of the Companies Act, 2013, (the Act)) and register of Contracts (as per Section 189 of the Act) were made available electronically for inspection during the AGM.

Notice of the AGM along with the Annual Report, since already circulated, was taken as read and the Company Secretary informed the members that the Reports of statutory auditors and Secretarial Auditor did not contain any qualifications or observations.

As part of the proceedings, shareholders noted the following:

• ❖ The Company engaged National Securities Depository Limited to provide remote e-voting facility to the members to exercise their vote in respect of business proposed in this AGM. The remote e-voting commenced on September 19, 2025, at 9:00 a.m. (IST) and ended on September 21, 2025, at 5:00 p.m. (IST).

• ❖ Shareholders who could not exercise their vote through remote e-voting were given an opportunity to cast their vote during AGM and within 15 minutes even after conclusion of the meeting.

• ❖ Mr. D.S. Rao, Practicing Company Secretary, was appointed as the Scrutinizer for the remote e-voting and e-voting done during the AGM.

• ❖ The results along with scrutinizer report will be uploaded on the website of the Company and also be submitted to the stock exchanges, i.e., NSE and BSE well within the timelines as presrecbed in the Act and the Listing Regulations.

The following items of business as set out in the Notice convening the 26[th] AGM were commended for shareholders’ consideration and approval:

Item No.	**Resolution **	Resolution type
1	Adoption of Financial Statements	Ordinary Resolution
2	Declaration of dividend on the equityshares	OrdinaryResolution
3	Re-appointment of Mrs. Sajja Lakshmi,Director retiringbyrotation.	OrdinaryResolution
4	Appointment of Mr. Bontha Prasada Rao (DIN: 01705080) as independent director of the Company	Special Resolution
5	Appointment of Mr. Sajja Rohit (DIN: 02622634) as Director and Whole-Time Director	Special Resolution
6	Re-appointment of Mr. Sajja Kishore Babu (DIN: 00971313) as Managing Director	Special Resolution
7	Ratification of remuneration payable to Cost Auditors for the financial year 2025-26	Ordinary Resolution
8	Appointment of and remunerationpayable to Secretarial Auditors	Ordinary Resolution
9	Related PartyTransactions with subsidiaries of the Company	Ordinary Resolution
10	Payment of remuneration to Mr. M. Rajiv Kumar (DIN: 07336483), Non-Executive Director by way of consultancy fees:	Special Resolution

Shareholders who have registered as speakers were invited one by one to seek clarifications, if any, on the resolutions as set out in the notice of AGM dated August 8, 2025, or otherwise. Members appreciated the performance of the Company during FY 2024-25 and sought few clarifications.

Mr. Sajja Kishore Babu, Chairman and Managing Director, Mr. Sajja Rohit, Whole-time Director and Mr. N. Nani Aravind, Chief Financial Officer of the Company provided clarifications to all the queries of the members.

Thereafter, the Chairman authorized the Company Secretry to declare the results of the voting and place the results on the website of the Company at the earliest besides submitting to Stock Exchanges.

The Company Secretry announced that all the business set out in the nspotice of this AGM had been concluded and a time period of 15 minutes was made available for e-voting / insta poll.

The meeting concluded at ~10:53 a.m. (IST) with vote of thanks followed by the insta poll.

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