Event Details

The 40th Annual General Meeting (AGM) of Arkade Developers Limited was held on Tuesday, September 22, 2026, at 3:00 PM IST through video conferencing and other audio-visual means (VC). The meeting concluded at 4:06 PM IST, including time allotted for e-voting after the AGM.

Attendance

Directors and KMPs in Attendance:

  • Mr. Amit Mangilal Jain, Chairman & Managing Director (joined from Registered Office)
  • Mr. Arpit Vikram Jain, Whole-time Director (joined from Registered Office)
  • Mr. Sandeep Ummedmal Jain, Whole-time Director (joined from Registered Office)
  • Mrs. Neha Sunil Huddar, Independent Director and Chairperson of Audit Committee and Stakeholders' Relationship Committee (joined from Mumbai)
  • Mr. Abhishek Dev, Independent Director and Chairperson of Nomination and Remuneration Committee (joined from Mumbai)
  • Mr. Sumesh Ashok Mishra, Independent Director (joined from Mumbai)
  • Mr. Samshet Shetye, Chief Financial Officer (joined from Registered Office)
  • Mrs. Sheetal Solani, Company Secretary and Compliance Officer (joined from Registered Office)

Other Representatives in Attendance:

  • Internal Auditors - representative of M/s Amit T Jain & Co., Chartered Accountants (joined from Mumbai)
  • Secretarial Auditor - representative of M/s. AVS & Associates (joined from Mumbai)
  • Scrutinizer - representative of M/s. AVS & Associates, Company Secretaries (joined from Mumbai)

Meeting Statistics

  • Total members attended: 57
  • Meeting duration: 3:00 PM to 4:06 PM IST

Resolutions Considered and Passed

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors thereon (Ordinary Resolution)

2. Adoption of Audited Consolidated Financial Statements for the financial year ended March 31, 2026, together with Report of the Auditors thereon (Ordinary Resolution)

3. Re-appointment of Mr. Arpit Vikram Jain (DIN: 06899631) as director who retires by rotation (Ordinary Resolution)

Special Business:

4. Ratification of remuneration of Cost Auditors for the Financial Year 2026-27 (Ordinary Resolution)

5. Introduction and Implementation of Arkade Employees Stock Option Plan (ESOP) 2026 (Special Resolution)

6. Approval for extending benefits of Arkade Employee Stock Option Plan 2026 to employees/Directors of Subsidiary Companies (Special Resolution)

Key Proceedings

The Chairman informed members that:

  • The AGM was convened in compliance with MCA directives, SEBI regulations, and Companies Act, 2013
  • There were no qualifications, observations, or comments on the Statutory Auditor's Report
  • There were no qualifications, observations, or comments on the Secretarial Auditor's Report
  • M/s. AVS & Associates was appointed as Scrutinizers to supervise the e-voting process
  • E-voting results along with consolidated Scrutinizer's Report will be informed to Stock Exchanges and placed on the company website, RTA Bigshare Services Pvt. Ltd., and Stock Exchanges

Voting and Resolution Outcome

All resolutions set forth in the 40th AGM notice are deemed to be passed on September 22, 2026, subject to receipt of requisite majority. The e-voting facility remained open for 15 minutes after the meeting concluded to enable members to cast their votes.