Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Date of Meeting: September 30, 2026
  • Time: 04:30 PM to 05:20 PM IST
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Type of Meeting: 63rd Annual General Meeting
  • Record Date: September 23, 2026
  • Total Shareholders on Record Date: 16,643

Attendance Details

  • Promoters/Promoter Group present through VC: 3 members
  • Public shareholders present through VC: 54 members
  • Physical attendance: 0 members from both promoter and public categories

Voting Process and Methods

  • Remote e-voting period: September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM) through NSDL
  • E-voting during AGM: Available for members who had not voted remotely
  • Scrutinizer: Mr. Sarthak Mittal of Sarthak Mittal & Associates, Practicing Company Secretaries
  • Appointment Date: August 14, 2026
  • Report Issuance Date: October 1, 2026

Resolution Details and Voting Outcomes

Total Resolutions: 12 (9 Ordinary, 3 Special)

Key Resolutions:

1. Ordinary Resolution 1: Adoption of Standalone and Consolidated Audited Financial Statements for FY ended March 31, 2026

  • Total votes cast: 179,082,264 (63.7086% of outstanding shares)
  • In favor: 179,055,291 (99.9849% of votes polled)
  • Against: 26,973 (0.0151% of votes polled)

2. Ordinary Resolution 2: Re-appointment of Mr. Dhruv Gupta (DIN: 06920431) as Whole Time Director

  • Total votes cast: 4,768,536 (1.6964% of outstanding shares)
  • In favor: 4,741,563 (99.4344% of votes polled)
  • Against: 26,973 (0.5656% of votes polled)

3. Special Resolution 3: Authorization for loans, investments, and guarantees to bodies corporate

  • Total votes cast: 179,082,264 (63.7086% of outstanding shares)
  • In favor: 179,055,272 (99.9849% of votes polled)
  • Against: 26,992 (0.0151% of votes polled)

4. Special Resolution 4: Approval for raising funds through borrowing and debt securities

  • Total votes cast: 179,082,264 (63.7086% of outstanding shares)
  • In favor: 179,055,241 (99.9849% of votes polled)
  • Against: 27,023 (0.0151% of votes polled)

5. Ordinary Resolution 5: Appointment of Mr. Devansh Gupta as Managing Director

  • Total votes cast: 4,768,536 (1.6964% of outstanding shares)
  • In favor: 4,741,494 (99.4329% of votes polled)
  • Against: 27,042 (0.5671% of votes polled)

Related Party Transaction Resolutions (6-11):

All material related party transactions were approved with similar voting patterns:

  • Growth Securities Private Limited
  • Mr. Dhruv Gupta
  • Mr. Devansh Gupta
  • Devansh Real Estate Private Limited
  • Vardan Securities Private Limited
  • Nirmal Buildwell Real Estate LLP

Special Resolution 12: Approval for loans/guarantees under Section 185 of Companies Act, 2013

  • Total votes cast: 179,082,264 (63.7086% of outstanding shares)
  • In favor: 179,055,191 (99.9849% of votes polled)
  • Against: 27,073 (0.0151% of votes polled)

Category-wise Voting Breakdown

Promoter & Promoter Group:

  • Shares held: 207,118,008
  • Votes polled: 174,313,728 (84.1616% of shares held)
  • 100% voted in favor on all resolutions where they participated

Public Institutions:

  • Shares held: 11,709,314
  • Votes polled: 34,839 (0.2975% of shares held)
  • 100% voted in favor on all resolutions

Public Non-Institutions:

  • Shares held: 62,268,706
  • Votes polled: 4,733,697 (7.602% of shares held)
  • Approximately 99.43% voted in favor across resolutions

Scrutinizer's Report

Mr. Sarthak Mittal confirmed:

  • The e-voting process was conducted fairly and transparently
  • All 12 resolutions were passed with requisite majority
  • Compliance with Section 108 of Companies Act, 2013 and SEBI LODR Regulations
  • Advertisement was published in Financial Express (English and Gujarati editions) on September 2 and September 4, 2026
  • Annual report and AGM notice were dispatched electronically on September 3, 2026

Compliance Confirmation

The company confirmed compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • MCA circulars dated May 5, 2020, and subsequent circulars
  • SEBI circulars dated May 12, 2020, and subsequent circulars

Additional Information

  • Total outstanding shares: 281,096,028
  • The information is available on company website (www.algoquantfintech.com) and NSDL website (www.evoting.nsdl.com)
  • Company CIN: L74110GJ1962PLC136701