Meeting Details
The 39th Annual General Meeting was held on Wednesday, 23rd September, 2026 at 4:00 p.m. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM) without physical presence of members, in compliance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.
The meeting commenced at 4:00 p.m. and concluded at 4:54 p.m.
Attendance and Leadership
Mr. Rajnikant Ajmera, Chairman & Managing Director of the Company, chaired the meeting. The requisite quorum was present. The meeting was attended by Board Members, Key Managerial Personnel, Auditors, and Members participating through video conference.
Documents and Reports
The Notice convening the 39th AGM and the Integrated Annual Report had been circulated to members through email within the statutory timeline. The Statutory Auditors' Report did not contain any qualifications, reservations, adverse remarks, or disclaimer. Attention was drawn to observations and comments made by the Secretarial Auditor in her Report and explanations provided by the Company in the Board's Report.
Voting Procedures
The Company provided remote e-voting facility to members to vote on matters transacted at the 39th AGM as per Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI (LODR) Regulations, 2015. Members present at the AGM who did not cast votes through remote e-voting could vote through the e-voting system provided by NSDL, which remained open till 15 minutes after the conclusion of the meeting.
Mr. Haresh Sanghvi, Practicing Company Secretary, Mumbai, was appointed as Scrutinizer to scrutinize the e-voting process.
Results Declaration
The consolidated results of remote e-voting and e-voting during the 39th AGM will be declared within 2 working days from the conclusion of the meeting. Results will be displayed at the Registered Office of the Company at 2nd Floor, Citi Mall, New Link Road, Andheri (W), Mumbai - 400053, and will be available on the Company's website (www.ajmera.com) and NSDL website (www.evoting.nsdl.com). Results will be communicated to BSE Limited and National Stock Exchange of India Limited.
Business Transacted
The following items of business from the Notice of 39th AGM dated 4th August, 2026 were transacted:
Ordinary Business:
1. Adoption of (a) Standalone Audited Financial Statements for financial year ended 31st March, 2026 with reports of Board of Directors and Auditors, and (b) Consolidated Audited Financial Statements for financial year ended 31st March, 2026
2. Re-appointment of director Mr. Manoj I. Ajmera (DIN: 00013728) who retires by rotation
Special Business:
3. Re-appointment of Mr. Manoj I. Ajmera (DIN: 00013728) as Managing Director
4. Re-appointment of Mr. Sanjay C. Ajmera (DIN: 00012496) as Whole-time Director
5. Revision in remuneration of Mr. Rajnikant S. Ajmera, Chairman & Managing Director
6. Appointment of Mr. Dhaval R. Ajmera as Senior Management Personnel designated as Director-Corporate Affairs
Member Interaction
Mr. Rajnikant Ajmera, Chairman & Managing Director, briefed members about the progress and achievements of the Company during financial year 2025-26. Members who registered as speakers raised queries, which were responded to by Mr. Nitin Bavisi, Chief Financial Officer. Members appreciated the performance and growth of the Company.
Conclusion
The meeting concluded with a vote of thanks to the Chair at 4:54 p.m.