Meeting Details

The 13th Annual General Meeting was held on Wednesday, August 19, 2026, at 11:00 AM (IST) through Video Conference (VC) / Other Audio Visual Means (OAVM). The meeting concluded at 11:27 AM (IST), lasting 27 minutes.

Proposed Resolutions and Implications

Seven resolutions were proposed for shareholder approval:

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors

2. Declaration of Dividend

3. Appointment of Director retiring by rotation

Special Business:

4. Revision in Remuneration payable to Mr. Amar Doshi (DIN:00856635), Chairman & Managing Director

5. Revision in Remuneration payable to Mr. Karan Doshi (DIN:06690242), Whole-Time Director

6. Re-appointment of Mr. Amar Doshi as Chairman and Managing Director

7. Re-appointment of Mr. Karan Doshi as Whole-Time Director

Voting Process and Methods

The voting was conducted through two methods:

  • Remote e-voting: Available from 09:00 AM (IST) on August 16, 2026, to 05:00 PM (IST) on August 18, 2026
  • E-voting at the AGM: Conducted during the meeting on August 19, 2026

The company engaged Bigshare Services Private Limited as the Authorized Agency to provide the secured e-voting system. The record date for determining voting eligibility was August 12, 2026.

Advertisement for the meeting was published in Financial Express, Ahmedabad (English Edition) on July 25, 2026, and Financial Express, Ahmedabad (Gujarati Edition) on July 25, 2026. Post-dispatch advertisement was published in the same newspapers on July 28, 2026.

Key Voting Outcomes

All resolutions were passed with 100% votes in favor:

Resolution 1 (Ordinary - Financial Statements):

  • Total votes cast: 15,658,480 shares
  • Votes in favor: 15,658,480 shares (100%)
  • Votes against: 0 shares
  • Invalid votes: 0

Resolution 2 (Ordinary - Dividend Declaration):

  • Total votes cast: 15,658,480 shares
  • Votes in favor: 15,658,480 shares (100%)
  • Votes against: 0 shares
  • Invalid votes: 0

Resolution 3 (Ordinary - Director Appointment):

  • Total votes cast: 671,990 shares
  • Votes in favor: 671,990 shares (100%)
  • Votes against: 0 shares
  • Invalid votes: 0
  • Number of members who voted: 48

Resolution 4 (Special - Amar Doshi Remuneration Revision):

  • Total votes cast: 671,990 shares
  • Votes in favor: 671,990 shares (100%)
  • Votes against: 0 shares
  • Invalid votes: 0
  • Number of members who voted: 48

Resolution 5 (Special - Karan Doshi Remuneration Revision):

  • Total votes cast: 671,990 shares
  • Votes in favor: 671,990 shares (100%)
  • Votes against: 0 shares
  • Invalid votes: 0
  • Number of members who voted: 48

Resolution 6 (Special - Amar Doshi Re-appointment):

  • Total votes cast: 671,990 shares
  • Votes in favor: 671,990 shares (100%)
  • Votes against: 0 shares
  • Invalid votes: 0
  • Number of members who voted: 48

Resolution 7 (Special - Karan Doshi Re-appointment):

  • Total votes cast: 671,990 shares
  • Votes in favor: 671,990 shares (100%)
  • Votes against: 0 shares
  • Invalid votes: 0
  • Number of members who voted: 48

Scrutinizer's Role and Findings

Dhirren R. Dave & Co., Company Secretaries, were appointed as Scrutinizer under Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014. The scrutiny was conducted in accordance with multiple MCA Circulars dated between April 2020 and December 2022.

The e-votes were verified on August 19, 2026, around 12:51 PM in the presence of two independent witnesses: Mr. Tushar Soni and Ms. Mahima Soni, who are not employees of the company. The scrutinizer confirmed that all resolutions were passed with requisite majority.

Compliance Confirmation

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Multiple MCA Circulars referenced in the document

The report is being uploaded on the company's website (www.aaronindustries.net) and Bigshare's website (https://ivote.bigshareonline.com).