Proceedings of 33rd AGM: 7 items placed for member vote including share capital reduction and consolidation
33rd AGM held on 29 Sep 2026 via video conferencing, concluded at 04:25 PM.
- AGM Date
- 29 Sep 2026
- Meeting Duration
- 04:00 PM to 04:25 PM via video conferencing
- Total Shareholders on Record
- 92,005
- Public Shareholders Attended
- 67
- Resolutions Placed
- 7 resolutions including FY26 accounts, auditor appointment, Section 185/186 approvals, FPI/FII limit increase to 49%, Independent Director…
What this update is
This is the record of proceedings of the 33rd Annual General Meeting, held on 29th September, 2026 at 04:00 PM through Video Conferencing/OAVM, with the Registered Office in Kolkata as the deemed venue. The meeting was chaired by Managing Director & CEO Mr. Bhavya Dhiman and concluded at 04:25 PM.
Items placed before members
- Adoption of audited financial statements for the financial year ended March 31, 2026, with Board and auditors' reports (Ordinary Resolution).
- Appointment of statutory auditor and fixing remuneration (Ordinary Resolution).
- Approval to advance loans, give guarantees and/or provide securities under Section 185 of the Companies Act, 2013 (Special Resolution).
- Increase in the threshold of loans/guarantees, providing of securities and making of investments in securities under Section 186 (Special Resolution).
- Increase in the combined shareholding limit of all registered FPIs/FIIs up to 49% of the paid-up equity share capital (Special Resolution).
- Appointment of Mr. Udayan Shardul Kachchhy as a Non-Executive Independent Director (Special Resolution).
- Approval of Reduction and Consolidation of Share Capital of the Company (Special Resolution).
Attendance
- Total shareholders as on the cut-off/record date of 22nd September, 2026: 92,005.
- Shareholders present: Promoters & Promoter Group 0, Public 67.
Audit reports
The Company Secretary informed members that the Statutory Auditors' Report and the Secretarial Audit Report did not carry any qualifications.
Voting process
Voting was conducted electronically through the CDSL system, both by remote e-voting before the meeting and during the AGM. M/s. Vishakha Agrawal & Associates, Practising Company Secretary, acted as Scrutinizer. The results, along with the Scrutinizer's report, were to be disclosed to the stock exchanges and put on the company's website by Thursday, 01st October, 2026.
Why investors watch this
This document lists what was transacted; the outcome of each resolution comes with the separate voting results. Two items are of particular interest to shareholders: the proposed reduction and consolidation of share capital, which can change the number of shares held, and the higher FPI/FII limit, which widens the room for foreign investor participation. The Section 185 and Section 186 items relate to the company's ability to lend, guarantee and invest.
Also from Shree Securities
Shareholders approve capital reduction and consolidation; paid-up capital to fall to Rs. 1,59,60,000, subject to NCLT
5 Oct 2026
More numbers
- FPI/FII combined shareholding limit49%
- Total shareholders on record date92,005
- Public shareholders present67
- Promoters & Promoter Group present0
- Resolutions put to vote7
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.