Meeting Details

The 48th Annual General Meeting was held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) commencing at 11:00 a.m. (IST) and concluding at 12:00 noon (IST).

Leadership and Quorum

Mr. Kartikeya V. Sarabhai, Executive Chairman, chaired the Meeting. The requisite quorum was present at the meeting.

Voting Process

Remote e-voting commenced at 9:00 a.m. on Monday, July 27, 2026 and concluded at 5:00 p.m. on Wednesday, July 29, 2026. The company provided facility to vote on resolutions through electronic voting system at the meeting for members who had not cast their votes through remote e-voting.

Mr. Rajesh Parekh (Mem. No. A8073), Proprietor of Rajesh Parekh & Co., Practicing Company Secretary, Ahmedabad was appointed as the scrutinizer to scrutinize the voting through electronic means.

Business Items Considered

The following nine items of business were considered for member's approval:

Ordinary Business:

1. Adoption of Standalone and Consolidated Audited Financial Statements for the year 2025-26 including Balance Sheet as at 31st March 2026, Statement of Profit and Loss, Cash Flow Statement, and Reports of Board of Directors and Auditors (Ordinary Resolution)

2. Re-appointment of Mr. Kartikeya V. Sarabhai (DIN: 00313585) as Director liable to retire by rotation (Ordinary Resolution)

Special Business:

3. Re-appointment of Mr. Kartikeya V. Sarabhai (DIN: 00313585) as Executive Chairman for 3 years effective 01.04.2027 (Special Resolution)

4. Re-appointment of Ms. Chaula M. Shastri (DIN: 06404118) as Whole-time Director for 3 years effective 01.04.2027 (Special Resolution)

5. Re-appointment of Mr. Mohal K. Sarabhai (DIN: 00334441) as Managing Director for 3 years effective 21.9.2026 (Special Resolution)

6. Approval of loans, investments, guarantee or security under section 185 of Companies Act, 2013 for Synbiotics Limited (Special Resolution)

7. Approval of loans, investments, guarantee or security under section 185 of Companies Act, 2013 for Asence Pharma Private Limited (Special Resolution)

8. Approval of loans, investments, guarantee or security under section 185 of Companies Act, 2013 for Systronics India Limited (Special Resolution)

9. Continuation of Directorship of Mr. Govindprasad Namdeo (DIN: 10441519) as Non-Executive Independent Director upon attaining the age of 75 years (Special Resolution)

Additional Information

The Company Secretary informed that results of e-voting would be separately disseminated to the stock exchange and uploaded on the company's website. This document does not constitute minutes of the proceedings of the Annual General Meeting.