Meeting Details
The 37th Annual General Meeting of Advanced Enzyme Technologies Limited was held on Friday, July 31, 2026 at 10:00 a.m. IST through Video Conference (VC) / Other Audio Visual Means (OAVM). The meeting was chaired by Mr. Vasant Rathi, Chairman. There were 106 members present virtually, and the requisite quorum was met.
Documentation Availability
The Integrated Annual Report including Board's Report, Audited financial statements for year ended March 31, 2026, and AGM Notice were sent electronically to members and made available on company website and submitted to stock exchanges. Statutory registers and relevant documents including certificate from Secretarial Auditor regarding ESOP implementation were available for inspection.
Voting Process
Remote e-voting facility was provided for all resolutions. E-voting period commenced on July 27, 2026 at 09:00 a.m. IST and ended on July 30, 2026 at 5:00 p.m. IST. Members holding shares as of cut-off date July 24, 2026 were eligible to vote. E-voting remained available for members present at AGM who hadn't voted during remote period.
Business Items
The meeting addressed 4 Ordinary Business items and 4 Special Business items:
Ordinary Business:
1. Receipt, consideration and adoption of Audited Financial Statements (Standalone and Consolidated) for year ended March 31, 2026 with Auditors' report and Board of Directors' report
2. Declaration of final Dividend of ₹1.35 per Equity Share (face value ₹2 each) for financial year ended March 31, 2026
3. Re-appointment of Ms. Rasika Rathi (DIN: 08300682) as Director who retires by rotation
4. Re-appointment of M/s. MSKA & Associates LLP (Firm Registration No. 105047W/W101187) as Statutory Auditors and fixation of their remuneration
Special Business:
5. Re-appointment of Mr. Mukund Madhusudan Kabra (DIN: 00148294) as Whole-time Director
6. Appointment of Mr. Pradip Bhailal Shah (DIN: 01225582) as Independent Director (Special Resolution)
7. Approval for payment of remuneration to Ms. Manasi Kabra (Immediate Relative of Whole Time Director) who holds Office or Place of Profit in USA Subsidiary
8. Approval of Material Related Party Transactions with JC Biotech Private Limited, Subsidiary
Voting Procedure
Mr. Shiv Hari Jalan, Proprietor of Shiv Hari Jalan & Co., Practicing Company Secretary, was appointed as Scrutinizer for e-voting process. Voting results will be declared after receipt of Scrutinizer's report within prescribed timelines. The report will include combined results of remote e-voting and votes cast electronically at AGM, and will be submitted to BSE & NSE and uploaded on company website.
Meeting Conclusion
The e-voting facility remained open for an additional 15 minutes during the meeting. The AGM concluded at 11:16 a.m. IST. Resolutions set out in AGM Notice dated July 04, 2026 shall be deemed passed on July 31, 2026 subject to receipt of requisite number of votes in favor.