Meeting Details
The 21st Annual General Meeting was held on Monday, 28th September 2026 from 03:00 PM to 03:30 PM (IST). The meeting was conducted through video conferencing and/or other audio visual means. The record date for determining shareholder eligibility to vote was 21st September 2026, with 11,974 shareholders on record.
Shareholder Participation
- Total shareholders present through video conferencing: 46 (all from Public category)
- No shareholders attended in person or through proxy
- Promoter and promoter group shareholders: 0 attended through video conferencing
Proposed Resolutions and Implications
Six resolutions were considered and passed at the meeting:
1. Ordinary Resolution: Adoption of Audited Financial Statements along with Reports of Board of Directors and Auditors for FY 2025-26
2. Ordinary Resolution: Re-appointment of Mr. Piyush Bichhoriya (DIN: 10894714) as Director retiring by rotation
3. Ordinary Resolution: Ratification of remuneration of cost auditors
4. Special Resolution: Appointment of Mr. Alok Jain (DIN: 01892711) as an Independent Director
5. Special Resolution: Approval for sale of property (Promoters were interested parties)
6. Special Resolution: Approval for loan, guarantee or security under Section 185 of Companies Act, 2013 (Promoters were interested parties)
Voting Process and Methods
The voting was conducted through:
- Remote e-voting facility provided by Central Depository Services Limited (CDSL)
- Remote e-voting period: 25th September 2026 (9:00 AM) to 27th September 2026 (5:00 PM)
- E-voting at the AGM venue through video conferencing for members who hadn't voted remotely
Key Voting Outcomes
Overall Participation
- Total outstanding shares: 60,345,986
- Total votes polled: 42,856,163 (71.0174% of outstanding shares)
Resolution-wise Results:
Resolution 1 (Ordinary - Financial Statements)
- Total votes: 42,856,163 (100% in favor, 0% against)
- Promoter & Promoter Group: 41,032,434 votes (100% participation, 100% in favor)
- Public-Non Institutions: 19,313,552 shares held, 1,823,729 votes polled (9.4427% participation, 100% in favor)
Resolution 2 (Ordinary - Director Re-appointment)
- Total votes: 42,856,163 (100% in favor, 0% against)
- Promoter & Promoter Group: 41,032,434 votes (100% participation, 100% in favor)
- Public-Non Institutions: 1,823,729 votes polled (9.4427% participation, 100% in favor)
Resolution 3 (Ordinary - Cost Auditor Remuneration)
- Total votes: 42,856,163 (100% in favor, 0% against)
- Promoter & Promoter Group: 41,032,434 votes (100% participation, 100% in favor)
- Public-Non Institutions: 1,823,729 votes polled (9.4427% participation, 100% in favor)
Resolution 4 (Special - Independent Director Appointment)
- Total votes: 42,856,163 (100% in favor, 0% against)
- Promoter & Promoter Group: 41,032,434 votes (100% participation, 100% in favor)
- Public-Non Institutions: 1,823,729 votes polled (9.4427% participation, 100% in favor)
Resolution 5 (Special - Property Sale)
- Promoters were interested parties and did not participate
- Total votes: 1,823,729 (3.0221% of outstanding shares, 100% in favor, 0% against)
- Entire voting from Public-Non Institutions: 1,823,729 votes (9.4427% of their holding, 100% in favor)
Resolution 6 (Special - Loan/Guarantee under Section 185)
- Promoters were interested parties and did not participate
- Total votes: 1,823,729 (3.0221% of outstanding shares, 100% in favor, 0% against)
- Entire voting from Public-Non Institutions: 1,823,729 votes (9.4427% of their holding, 100% in favor)
Scrutinizer's Role and Findings
Mr. Nishant Rana of M/s RANA & ASSOCIATES (Firm FRN: S2019DE693800, Membership No: F10333) was appointed as Scrutinizer on 13th August 2026. His responsibilities included:
- Ensuring fair and transparent voting process
- Submitting consolidated report of votes cast for and against resolutions
- Based on reports generated from CDSL's electronic voting system
The scrutinizer confirmed:
- Notice was dispatched on 5th September 2026 via email to registered members
- Newspaper advertisements were published as required
- Remote e-voting was reconciled with records maintained by Purva Sharegistry India Pvt Ltd (RTA)
- Electronic voting system was locked after closing and unblocked after AGM conclusion in presence of two witnesses (Ms. Shilpi Sinha & Ms. Priyanka Rai)
- All resolutions 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
- Secretarial Standard on General Meetings issued by ICSI
- SEBI circulars and SEBI (LODR) Regulations, 2015
- Relevant MCA Circulars
Additional Information
- Company CIN: L35105GJ2005PLC047292
- Scrutinizer's Office: H. No. 1183, Opp. Palam Apartments, Bijwasan, New Delhi-110061
- NSE Symbol: AGASTYAEN
- The company was formerly known as Sanginita Chemicals Limited