AGM Details

The 14th Annual General Meeting of Asian Warehousing Limited is scheduled to be held on Monday, September 21, 2026, at 10:00 a.m. Indian Standard Time. The meeting will be conducted through Video Conferencing/Other Audio-Visual Means in compliance with MCA circulars and SEBI regulations. The deemed venue is the registered office at 508, Dalamal House, J. B. Road, Nariman Point, Mumbai – 400021.

Ordinary Business Items

Item 1: Adoption of Financial Statements

To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Statutory Auditors thereon. This requires an Ordinary Resolution.

Item 2: Re-appointment of Director

To appoint Mr. Bhavik Bhimjyani (DIN: 00160121) as director who retires by rotation and is eligible for re-appointment. This requires an Ordinary Resolution under Section 152 of the Companies Act, 2013.

Special Business Items

Item 3: Re-Appointment of Chairman and Managing Director

Special Resolution to re-appoint Mr. Bhavik Bhimjyani as Chairman and Managing Director for a further period of 3 years from February 25, 2027, to February 24, 2030, on a remuneration of ₹5,00,000 per month.

Key Details:

  • The appointment is pursuant to Sections 196, 197, 198 and 203 read with Schedule V of Companies Act, 2013
  • Recommended by Nomination and Remuneration Committee and approved by Audit Committee and Board on August 24, 2026
  • In case of absence or inadequacy of profits, the remuneration shall be paid as minimum remuneration according to Schedule V
  • Mr. Bhimjyani voluntarily forewent his salary from February 25, 2024, till date due to company's financial condition
  • FY 2025-26 financial performance: Turnover – ₹179.10 lakhs, Net Profit – ₹23.36 lakhs
  • Mr. Bhimjyani holds 5,173 shares as of March 31, 2026

Item 4: Material Related Party Transaction

Ordinary Resolution to approve payment of remuneration not exceeding ₹28,20,000 per annum to Mr. Vishnu Singh, Chief Financial Officer, for FY 2026-27.

Key Details:

  • Mr. Singh was appointed as CFO effective April 23, 2026
  • The transaction constitutes a material related party transaction under Regulation 23 of SEBI LODR Regulations
  • Includes ratification of remuneration already paid from April 23, 2026
  • Approved by Audit Committee and Board on August 24, 2026
  • Considered commensurate with duties and responsibilities

Shareholder Information

Voting Arrangements

  • Remote e-voting period: September 18, 2026 (9 am IST) to September 20, 2026 (5 pm IST)
  • Cut-off date for voting eligibility: September 14, 2026
  • NSDL appointed as e-voting agency
  • M/S. HRU & ASSOCIATES appointed as Scrutinizer
  • Physical proxy facility not available due to virtual meeting

Share Transfer Book Closure

Register of Members and Share Transfer Books will be closed from September 15, 2026, to September 21, 2026 (both days inclusive).

Dividend Information

The company has not declared any dividend during FY 2025-26 or preceding years, so no provisions for transfer to IEPF apply.

KYC Requirements

Members are advised to update PAN, contact details, bank account details, specimen signature, and nomination details as per SEBI circulars dated May 7, 2024, and June 10, 2024.