Meeting Details

The 40th Annual General Meeting was held on Wednesday, September 09, 2026 at 03:00 P.M. (IST) through Video Conferencing / Other Audio Visual Means. The deemed venue was 13A/B/C, 1st Floor, Mittal Chambers, Barrister Rajni Patel Marg, Nariman Point, Mumbai - 400021.

Attendance Statistics

  • Number of shareholders as on cut-off date (September 02, 2026): 4,156
  • Members attended through VC/OAVM facility: 44

Key Participants

  • Mr. Jinesh Savla, Whole Time Director & CEO (elected Chairman of the Meeting)
  • Mr. Sahil Gurav, Company Secretary & Compliance Officer
  • Chief Financial Officer
  • Independent Directors
  • Statutory Auditors: M/s. Class & Co., Chartered Accountants
  • Secretarial Auditors
  • Scrutinizer: Ms. Rachana Shanbhag (Membership No. FCS 8227 / CP 9297), Partner of M/s. D. A. Kamat & Co., Company Secretaries

Voting Process

Remote e-voting facility was available from Sunday, September 06, 2026 at 09:00 A.M (IST) till Tuesday, September 08, 2026 till 05:00 P.M. (IST). E-voting was also provided during the AGM for members who had not cast votes remotely.

Resolutions Considered

| Item No. | Details | Resolution Type |

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

| 2 | Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of Auditors | Ordinary |

| 3 | Re-appointment of Mr. Jinesh Savla (DIN: 11286253) as Director who retires by rotation | Ordinary |

Management Commentary

Mr. Jinesh Savla, Whole Time Director & CEO, briefed members on:

  • Company's performance during Financial Year 2025-26
  • Challenges faced during the year
  • Measures undertaken to strengthen business, operational and risk management processes
  • Key priorities for FY 2026-27:
  • Strengthening core trading business
  • Improving capital and working-capital efficiency
  • Enhancing technology and risk management
  • Pursuing disciplined growth opportunities
  • Creating sustainable value for stakeholders

Auditor Reports

The Statutory Auditors, M/s. Class & Co., Chartered Accountants, expressed an unmodified opinion in their audit reports for financial year 2025-26. Both Statutory Auditors and Secretarial Auditors reports contained no qualifications, observations, reservations, adverse remarks or disclaimers.

Shareholder Engagement

Speaker Shareholders raised various queries, observations and suggestions during the meeting, which were collectively responded to and clarified by Mr. Jinesh Savla.

Meeting Conclusion

The AGM concluded at 3:45 P.M. (IST) after allowing 15 minutes post-meeting for voting. The resolutions shall be deemed to have been passed on September 09, 2026 subject to receipt of requisite number of votes.