Meeting Details

The 1st (1/2026-27) Extra Ordinary General Meeting (EGM) of Ajel Limited was held on Friday, 06th November 2026.

The meeting commenced at 10:00 A.M. (IST) and concluded at 10:29 A.M. (IST). It was conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI.

Attendees

Directors Present:

  • Mr. Srinivasa Reddy Arikatla, Chairman and Managing Director
  • Mrs. Harshana Antharaji, Whole time Director & CFO
  • Mr. Venkata Satyanarayana Reddy Chintakuntala, Independent Director
  • Mrs. Usha Rani Kantheti, Independent Director
  • Mr. Lakshmi Narayan Vuppuluri, Independent Director

In Attendance:

  • Ms. Sheetal Pareek, Company Secretary & Compliance Officer
  • Mr. Balarami Reddy Chintakuntla, Internal Auditor
  • Mr. Anji Reddy Gujjula, Statutory Auditor
  • Mr. C V Reddy, Secretarial Auditor & Scrutinizer

Proceedings Summary

The meeting was chaired by Mr. Srinivasa Reddy Arikatla, who welcomed members and confirmed the meeting was being held as per provisions of the Companies Act, 2013 and relevant circulars.

The Company Secretary informed that e-voting facilities were provided for all resolutions. The e-voting was reopened during the meeting for members present who had not cast their votes earlier.

Mr. C V Reddy, Practicing Company Secretary, Hyderabad, was appointed as the Scrutinizer to conduct the remote e-voting in a fair and transparent manner and report on the voting results.

Business Transacted

The following special business, as per the Notice of EGM dated 13th October 2026, was transacted:

1. Appointment of Statutory Auditor: Resolution to appoint M/s Maddukuru & Associates, Chartered Accountants (Firm Registration Number: 017530S), as Statutory Auditor of the Company to fill a casual vacancy in the office of Statutory Auditor.

2. Increase in Authorised Share Capital: Resolution to increase the Authorised Share Capital of the Company and amend the Capital clause in the Memorandum of Association.

Voting and Results

The Company Secretary informed that voting results would be declared upon receipt of the Scrutinizer's Report. The results will be placed on the company's website and disclosed to the stock exchange simultaneously.