Company and Scrip Details
Meeting Details
The 15th Annual General Meeting of the members of Art Nirman Limited was held on Saturday, September 26, 2026.
Start Time: 04:45 P.M.
End Time: 05:30 P.M.
Location: Club Babylon, S P Road, Nr. Science City Circle, Bhadaj, Ahmedabad-380060, Gujarat, India.
The meeting was chaired by Mr. Ashokkumar Thakkar, the Managing Director of the Company.
Summary of Proposed Resolutions
The following eight resolutions were proposed for shareholder approval at the AGM:
Ordinary Business
1. Ordinary Resolution: To receive, consider and adopt the audited financial statement of account for the financial year ended March 31, 2026, and the reports of the Directors and Auditors thereon.
2. Ordinary Resolution: To appoint a director in place of Mr. Piyushkumar Thakkar (DIN: 07555460), who retires by rotation and is eligible for re-appointment.
Special Business
3. Special Resolution: Approval of loans, investments, guarantee, or security up to INR 300 Crores pursuant to Section 185 of the Companies Act, 2013.
4. Special Resolution: Approval for increase in the limits applicable for making investments, extending loans, giving guarantees, or providing securities up to INR 300 crores in connection with loans to Persons/Bodies Corporate pursuant to Section 186 of the Companies Act, 2013.
5. Special Resolution: To borrow money in excess of paid-up share capital and free reserves and securities premium up to INR 300 Crores as per provisions of Section 180(1)(C) of The Companies Act, 2013.
6. Ordinary Resolution: Approval of Material Related Party Transaction(s) Under Regulation 23 of SEBI LODR Regulations, 2015.
7. Ordinary Resolution: To Appoint Mr. Ronak Mehta as an Independent Non-Executive Director of the Company for a term of 5 years.
8. Ordinary Resolution: To Appoint Ms. Pooja Shah as an Independent Non-Executive Director of the Company for a term of 5 years.
Voting Process
The Chairman informed the members that the company provided an e-voting facility as per Section 108 of the Companies Act, 2013. Voting was also conducted via a physical ballot process during the meeting. The company secretary guided members on how to cast their votes on each resolution. No member demanded a poll.
Key Voting Outcomes and Scrutinizer
The letter states that the detailed voting results, as required under Regulation 44(3) of the SEBI LODR Regulations, 2015, will be submitted separately to the exchange once declared by the Chairman. Therefore, the total votes cast, percentage in favor/against, and participation breakdown by shareholder category are not provided in this document.
The document does not mention the appointment of a Scrutinizer or their findings.
Compliance Confirmation
The disclosure is made in compliance with Regulation 30, Para - A of Part - A of Schedule - III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Other Procedural Information
The Chairman confirmed that the requisite quorum was present and that the statutory registers and documents were open for inspection by members. A question and answer session was held where members could seek clarifications on the agenda items.