Meeting Details
The 43rd Annual General Meeting will be held on Tuesday, September 29, 2026 at 01:00 PM (IST) through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The meeting is being conducted virtually in compliance with Ministry of Corporate Affairs Circular No. 3/2025 dated September 22, 2025 and various SEBI circulars.
Proposed Resolutions and Implications
Ordinary Business:
1. To consider and adopt: (a) The audited Standalone financial statement for the financial year ended March 31, 2026 and Annual report and Auditors report thereon; (b) The audited consolidated financial statement for the financial year ended March 31, 2026 and the report of Auditors thereon.
2. To appoint Mr. Rickiin Bbarot (DIN: 02270324), Managing Director who retires by rotation and is offering himself for re-appointment.
Special Business:
3. Special Resolution: To approve the appointment of Mrs. Mangala Prabhu (DIN: 06450659) as Non-Executive, Independent Director for a term of five consecutive years from August 12, 2026 to August 11, 2031. The resolution includes a provision for her continuation despite attaining 75 years of age during her tenure.
4. Ordinary Resolution: To approve Material Related Party Transactions with maximum values as follows:
- Mr. Rajhoo A Bbarot: ₹50 Crore (single and aggregate)
- Mr. Rickiin Bbarot: ₹50 Crore (single and aggregate)
- Mrs. Bhavana R Bbarot: ₹50 Crore (single and aggregate)
- Mrs. Pooja R Bbarot: ₹1 Crore (single and aggregate)
- Shree Vaibhavlakshmi Properties Private Limited: ₹125 Crore (single and aggregate)
- Atul Raj Builders Pvt Ltd.: ₹5 Crore (single and aggregate)
- Wholly Owned Subsidiary Companies: ₹100 Crore (single and aggregate)
Total maximum value of related party transactions: ₹331 Crore
5. Special Resolution: To alter the Main Objects Clause of the Memorandum of Association by adding a new object to conduct business of toll agents, collect toll fees, manage tolling booths, appoint staff, and enter into contracts with government and other bodies.
Voting Process and Methods
The company is providing facility of remote e-Voting through National Securities Depository Limited (NSDL).
- Remote e-Voting Period: Saturday, September 26, 2026 at 09:00 AM to Monday, September 28, 2026 at 05:00 PM
- Record Date: Friday, September 18, 2026
- Voting Methods: Shareholders can vote through NSDL e-Voting system, CDSL Easi/Easiest facility, or through their Depository Participants
- Meeting Attendance: Members can join the AGM through VC/OAVM 15 minutes before and after scheduled time
Key Voting Arrangements
- The facility will be available for 1000 members on first-come-first-served basis, excluding large shareholders (2%+), promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors
- Attendance through VC/OAVM will be counted for quorum under Section 103 of Companies Act, 2013
- Proxy appointment facility is not available for this AGM
- Body corporates can appoint authorized representatives
Scrutinizer Appointment and Role
Mr. Sanjay Dholakia of M/s. Sanjay Dholakia & Associates, Practicing Company Secretary (FCS: 2655, COP: 1798) has been appointed as scrutinizer to scrutinize the voting and e-voting process in a fair and transparent manner. The scrutinizer will:
- Count votes cast at the AGM first
- Unblock votes cast through e-voting
- Prepare consolidated Scrutinizer's Report of votes cast for or against resolutions
- Submit report to the Chairman or authorized Director
Results Publication
The results of voting will be:
- Declared and published along with consolidated Scrutinizer's Report
- Posted on company website: www.atlantaalimited.com
- Posted on NSDL website: www.evoting.nsdl.com
- Communicated to BSE Limited and National Stock Exchange of India Limited within two working days from conclusion of AGM
Compliance with Laws and Regulations
The AGM is convened in compliance with:
- Companies Act, 2013
- SEBI (LODR) Regulations, 2015
- MCA Circular No. 3/2025 dated September 22, 2025
- Various circulars issued by Ministry of Corporate Affairs and SEBI
- Secretarial Standard on General Meetings (SS-2) issued by ICSI
Additional Information
- Register of Members and Share Transfer Books will remain closed from Wednesday, September 23, 2026 to Tuesday, September 29, 2026 (both days inclusive)
- Members can send queries at least 10 days in advance to cs@atlantaalimited.in
- All relevant documents are available for inspection through electronic mode on company website until conclusion of AGM
- Hard copy of full Annual Report will be sent to shareholders upon request