ARCL Organics Limited held its 34th Annual General Meeting (AGM) on September 19, 2026, from 3:30 PM to 4:38 PM through Video Conferencing (VC)/Other Audio-Visual Mode (OAVM) at Rampur Budge Budge Trunk Road, Kolkata 700141. The meeting adopted all six proposed resolutions by requisite majority.
Resolutions Adopted
All resolutions were passed with 100% of votes in favor, representing 846,943 valid votes cast by 27 members through remote e-voting. No votes were cast against any resolution, and no votes were cast during the AGM itself.
Ordinary Business:
1. Resolution 1 (Ordinary): Adoption of Audited Standalone Financial Statements for the financial year ended March 31, 2026, including notes, schedules, and reports of the Board of Directors and Auditors. Also, adoption of Audited Consolidated Financial Statements for the same period, including notes, schedules, and the Auditors' Report.
2. Resolution 2 (Ordinary): Re-appointment of Mr. Mukesh Mundhra (DIN: 00658602) as a director, who retired by rotation under Section 152(6) of the Companies Act, 2013.
Special Business:
3. Resolution 3 (Special): Approval for increase in remuneration of Mr. Suraj Ratan Mundhra, Chairman and Managing Director.
4. Resolution 4 (Special): Approval for increase in remuneration of Mr. Rajesh Mundhra, Whole Time Director.
5. Resolution 5 (Special): Approval for increase in remuneration of Mr. Mukesh Mundhra, Whole Time Director.
6. Resolution 6 (Ordinary): Ratification of remuneration of Cost Auditors for the financial year 2026-2027.
Voting Process Details
The remote e-voting process was conducted by MUFG Intime India Private Limited (MIIPL). The voting period commenced at 9:00 AM IST on September 16, 2026, and ended at 5:00 PM IST on September 18, 2026.
Mr. Nand Kishore Sharma, Proprietor of KSN & Company, Company Secretaries, was appointed as the Scrutinizer. The scrutinization was conducted in the presence of Ms. Mousumi Roy and Ms. Seema Sharma, who are not employees of the company, as required by rule.