Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Aarnav Fashions Limited

Meeting Details

The 43rd Annual General Meeting was held on Wednesday, 30th September, 2026 at 03:00 p.m. at Survey No. 302-305, Isanpur, Gopi Compound, Narol - Vatva Road, Narol, Ahmedabad-382405.

Proposed Resolutions and Implications

Four ordinary resolutions were put to vote:

1. Adoption of Audited Financial Statements

2. Appointment of Ms. Nidhi Sanjaykumar Aggrawal (DIN: 08364168) as Director who retires by rotation

3. Ratification of remuneration payable to M/S. Kiran Mehta & Co, Cost Accountants as Cost Auditor for FY ending March 31, 2027

4. Approval of appointment of Ravi Kapoor & Associates as Secretarial Auditor of the Company

Voting Process and Methods

The voting process utilized two methods:

  • Remote e-voting facility provided by Central Depository Services (India) Limited (CDSL) was available from Sunday, 27th September, 2026 (9:00 am) to Tuesday, 29th September, 2026 (5:00 pm)
  • Physical polling at the AGM venue using ballot papers in Form MGT-12 as per Companies (Management and Administration) Rules, 2014

Cut-off date for determining voting eligibility was Wednesday, 23rd September, 2026.

Key Voting Outcomes

Resolution 1 - Adoption of Audited Financial Statements

  • Total Valid Votes: 31,521,839
  • Votes in Favor: 31,521,839 (100%)
  • Votes Against: 0
  • Invalid Votes: 0
  • Remote e-Voting: 1,755 votes across 26 folios
  • AGM Poll: 31,520,084 votes across 49 folios

Resolution 2 - Re-appointment of Director Ms. Nidhi Sanjaykumar Aggrawal

  • Total Valid Votes: 31,521,839
  • Votes in Favor: 31,521,337 (100% of valid votes)
  • Votes Against: 502 (Negligible percentage)
  • Invalid Votes: 0
  • Remote e-Voting: 1,755 total votes - 1,253 in favor (71.40%), 502 against (28.60%) across 25 folios
  • AGM Poll: 31,520,084 votes in favor (100%) across 49 folios

Resolution 3 - Ratification of Cost Auditor Remuneration

  • Total Valid Votes: 31,521,839
  • Votes in Favor: 31,521,337 (100% of valid votes)
  • Votes Against: 502 (Negligible percentage)
  • Invalid Votes: 0
  • Remote e-Voting: 1,755 total votes - 1,253 in favor (71.40%), 502 against (28.60%) across 25 folios
  • AGM Poll: 31,520,084 votes in favor (100%) across 49 folios

Resolution 4 - Appointment of Secretarial Auditor

  • Total Valid Votes: 31,521,839
  • Votes in Favor: 31,521,337 (100% of valid votes)
  • Votes Against: 502 (Negligible percentage)
  • Invalid Votes: 0
  • Remote e-Voting: 1,755 total votes - 1,253 in favor (71.40%), 502 against (28.60%) across 25 folios
  • AGM Poll: 31,520,084 votes in favor (100%) across 49 folios

Scrutinizer's Role and Findings

Ravi Kapoor, Practicing Company Secretary (FCS: 2587; COP: 2407), was appointed as Scrutinizer by the Board of Directors. His responsibilities included:

  • Scrutinizing remote e-voting and poll at AGM venue
  • Ascertaining requisite majority on resolutions
  • Unblocking remote e-votes in presence of two independent witnesses
  • Opening locked ballot box and scrutinizing poll papers in presence of two independent witnesses
  • Reconciling poll papers with company records and authorizations/proxies

The scrutinizer confirmed that all voting processes complied with Section 108 and 109 of the Companies Act, 2013 read with Rule 20 and 21 of the Companies (Management and Administration) Rules, 2014.

Compliance Confirmation

The report confirms compliance with:

  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015