Magna Electro Castings MD, chairman and AGM

Magna Electro Castings board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

Managing directorN KRISHNASAMARAJ
Company Secretary and Compliance OfficerDIVYA DURAISAMY

9 directors5 independent3 executive1 non-executive

J VIJAYAKUMARNon-executive · joined Aug 1990 · 1 listed board · 3 committee seats, 1 as chair
N KRISHNASAMARAJ · Managing directorExecutive · joined Aug 1990 · reappointed Jan 2022 · 1 listed board · 1 committee seat
G D RAJKUMARIndependent · joined Jan 2022 · reappointed Mar 2022 · 53 months as independent · 2 listed boards · 2 as independent · 2 committee seats
M MALMARUGANExecutive · joined May 2022 · reappointed May 2022 · 1 listed board
VIJAYALAKSHMI NARENDRAIndependent · joined May 2023 · reappointed May 2023 · 37 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
AJEYA VEL NARAYANASWAMYExecutive · joined May 2023 · reappointed Sep 2025 · 1 listed board
VIDYAPRAKASH ARJUNPRAKASHIndependent · joined Aug 2024 · 22 months as independent · 1 listed board · 1 as independent · 1 committee seat
SUDARSAN VARADARAJIndependent · joined Aug 2024 · 22 months as independent · 3 listed boards · 1 as independent · 2 committee seats, 2 as chair
RANGASWAMY NARAYANANIndependent · joined Aug 2024 · 22 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

Board
- 28 May 20269 of 9 present5 independent · 60 days in between
- 28 Mar 20268 of 9 present5 independent · 45 days in between
- 10 Feb 20269 of 9 present5 independent
Audit Committee
Chair SUDARSAN VARADARAJ
G D RAJKUMAR, J VIJAYAKUMAR, VIJAYALAKSHMI NARENDRA, VIDYAPRAKASH ARJUNPRAKASH
- 28 May 20265 of 5 present4 independent · 60 days in between
- 28 Mar 20264 of 5 present4 independent · 45 days in between
- 10 Feb 20265 of 5 present4 independent
Nomination and remuneration committee
Chair SUDARSAN VARADARAJ
VIJAYALAKSHMI NARENDRA, VIDYAPRAKASH ARJUNPRAKASH
- 28 May 20263 of 3 present3 independent · 106 days in between
- 10 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair J VIJAYAKUMAR
N KRISHNASAMARAJ, VIJAYALAKSHMI NARENDRA
- 28 May 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair RANGASWAMY NARAYANAN
N KRISHNASAMARAJ, G D RAJKUMAR
- 28 May 20263 of 3 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

VKS Aiyer & CoPeer-review certificate valid to Jul 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Magna Electro Castings AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Magna Electro Castings dividend history

Annual general meeting, 9 Sep 2026

5,065 shareholders on the register on 2 Sep 2026; present: 13 promoters and 58 others; votes counted by M D SELVARAJ / MDS & ASSOCIATES LLP.The company's voting result (opens in a new tab)

Adoption of the audited financial statements of the company for the financial year ended 31st March 2026, together with the reports of the Board of Directors and the Auditors thereon.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.44% · promoters 100.00% · institutions 0.00% · other public 6.01%
Declaration of a dividend of Rs. 5/- per equity share for the financial year ended 31st March 2026.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.44% · promoters 100.00% · institutions 0.00% · other public 6.01%
Re-appointment of Sri. M.Malmarugan (DIN: 09610329), as Director, on retirement by rotation.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.44% · promoters 100.00% · institutions 0.00% · other public 6.01%
Re-appointment of VKS Aiyer & Co. (Firm Registration No. 000066S), Chartered Accountants as Statutory Auditors of the Company
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.44% · promoters 100.00% · institutions 0.00% · other public 6.01%
Approval for the material related party transactions with Samrajyaa Precision Machining Private Limited.
OrdinaryPromoters have an interest in it
89.13% for10.87% against
Against: promoters 0.00% · institutions 0.00% · other public 10.87%
Turnout: all 0.96% · promoters 0.00% · institutions 0.00% · other public 2.08%
Ratification of payment of remuneration to M/s. SBK & Associates, Cost Auditors of the Company for the financial year ending 31st March 2027.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.44% · promoters 100.00% · institutions 0.00% · other public 6.01%
Re-appointment of Sri. N. Krishnasamaraj (DIN: 00048547) as Managing Director of the Company and to fix remuneration
SpecialPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.44% · promoters 100.00% · institutions 0.00% · other public 6.01%
Re-appointment of Sri.M. Malmarugan (DIN: 09610329) as Whole-time Director designated as Executive Director - Operations of the Company and to fix remuneration
Special
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.44% · promoters 100.00% · institutions 0.00% · other public 6.01%
Continuation of Sri. J. Vijayakumar (DIN: 00002530), as Non-Executive Director of the Company
SpecialPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 56.44% · promoters 100.00% · institutions 0.00% · other public 6.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Dealings with its subsidiaries, promoters, directors and their firms, reported every half-year.Promoters and their stake

Half-year to Mar 2026: ₹13.3 Cr21 dealings
Half-year to Sep 2025: ₹13.8 Cr19 dealings
Half-year to Mar 2025: ₹11.5 Cr18 dealings
Half-year to Sep 2024: ₹10.6 Cr20 dealings
Half-year to Mar 2024: ₹8.5 Cr16 dealings
Half-year to Sep 2023: ₹7.6 Cr13 dealings

Between	Dealing
MAGNA ELECTRO CASTINGS LIMITED and M/S. SAMRAJYAA AND COMPANYPROMOTERS AND RELATIVES OF DIRECTORS ARE INTERESTED	Any other transactionMachining Charges paid	25.00	9.99	1.96	2.42
MAGNA ELECTRO CASTINGS LIMITED and SRI. N. KRISHNASAMARAJKMP - MANAGING DIRECTOR	Remuneration	–	0.58	0.20	0.30
MAGNA ELECTRO CASTINGS LIMITED and M/S. MAGNA DIGITECH INDIA LLPPROMOTERS AND DIRECTORS ARE RELATED	Purchase of goods or services	2.03	0.57	0.00	0.00
MAGNA ELECTRO CASTINGS LIMITED and M/S. MAGNA DIGITECH INDIA LLPPROMOTERS AND DIRECTORS ARE RELATED	Sale of goods or services	2.03	0.45	0.12	0.12
MAGNA ELECTRO CASTINGS LIMITED and SRI. M. MALMARUGANKMP- EXECUTIVE DIRECTOR	Remuneration	–	0.34	0.02	0.06
MAGNA ELECTRO CASTINGS LIMITED and M/S. MAGNA DIGITECH INDIA LLPPROMOTERS AND DIRECTORS ARE RELATED	Any other transactionReimbursement Expenses	0.45	0.28	0.04	0.00
MAGNA ELECTRO CASTINGS LIMITED and M/S. SAMRAJYAA AND COMPANYPROMOTERS AND RELATIVES OF DIRECTORS ARE INTERESTED	Any other transactionLease Rent Received / Availing or rendering of any services	5.00	0.24	0.05	0.05
MAGNA ELECTRO CASTINGS LIMITED and SRI. AJEYA VEL NARAYANASWAMYKMP- EXECUTIVE DIRECTOR	Remuneration	–	0.23	0.00	0.07
MAGNA ELECTRO CASTINGS LIMITED and SRI. R. RAVIKMP- CHIEF FINANCIAL OFFICER	Remuneration	–	0.22	0.02	0.05
MAGNA ELECTRO CASTINGS LIMITED and SMT. NIVEDITA LAKSHMI NARAYANASWAMYPROMOTER GROUP AND RELATIVE OF DIRECTORS	Remuneration	0.75	0.12	0.00	0.04
MAGNA ELECTRO CASTINGS LIMITED and SMT. N MUTHULAKSHMIPROMOTER GROUP	Any other transactionLease Rent payment	–	0.10	0.02	0.02
MAGNA ELECTRO CASTINGS LIMITED and MS.DIVYA DURAISAMYKMP- COMPANY SECRETARY	Remuneration	–	0.08	₹84,000	0.01
MAGNA ELECTRO CASTINGS LIMITED and SMT. VIJAYALAKSHMI NARENDRAINDEPENDENT DIRECTOR	Any other transactionSitting Fees	–	0.02	0.00	0.00
MAGNA ELECTRO CASTINGS LIMITED and SRI.VIDYAPRAKASH ARJUNPRAKASHINDEPENDENT DIRECTOR	Any other transactionSitting Fees	–	0.02	0.00	0.00
MAGNA ELECTRO CASTINGS LIMITED and SRI. SUDARSAN VARADARAJINDEPENDENT DIRECTOR	Any other transactionSitting Fees	–	0.02	0.00	0.00
MAGNA ELECTRO CASTINGS LIMITED and SRI. G. D. RAJKUMARINDEPENDENT DIRECTOR	Any other transactionSitting Fees	–	0.02	0.00	0.00
MAGNA ELECTRO CASTINGS LIMITED and SRI.J. VIJAYAKUMARDIRECTOR	Any other transactionSitting Fees	–	0.01	0.00	0.00
MAGNA ELECTRO CASTINGS LIMITED and SRI. N. KRISHNASAMARAJKMP - MANAGING DIRECTOR	Any other transactionSitting Fees	–	₹90,000	0.00	0.00
MAGNA ELECTRO CASTINGS LIMITED and SRI. M. MALMARUGANKMP - EXECUTIVE DIRECTOR	Any other transactionSitting Fees	–	₹90,000	0.00	0.00
MAGNA ELECTRO CASTINGS LIMITED and SRI. AJEYA VEL NARAYANASWAMYKMP - EXECUTIVE DIRECTOR	Any other transactionSitting Fees	–	₹90,000	0.00	0.00
MAGNA ELECTRO CASTINGS LIMITED and SRI.RANGASWAMY NARAYANANINDEPENDENT DIRECTOR	Any other transactionSitting Fees	–	₹90,000	0.00	0.00

The 21 largest of 21 dealings in the half-year to Mar 2026, ₹ crore.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

Received
Resolved

Open at the quarter's end

None open at any quarter's end.

The board is made up as the listing rules require: Yes
The board has a regular chairperson: No
The company has a risk management committee: No
The chair is related to the managing director: No
The filing has a part on fines and penalties: No
The filing has a part on tax disputes: No
There was a cyber security incident in the quarter: No

The company's own answers in its filing.

Magna Electro Castings board of directors

Committees and meetings

Board

Audit Committee

Nomination and remuneration committee

Stakeholders Relationship Committee

Corporate Social Responsibility Committee