Disclosure under Regulation 30 of SEBI LODR Regulations, 2015
Meeting Details
Date: Saturday, September 26, 2026
Time: 03:00 P.M. (IST)
Location: Conducted through Video Conferencing (VC)/Other Audio Visual Mode (OAVM)
Type: 30th Annual General Meeting
Compliance: Conducted in compliance with MCA General Circulars, SEBI Circulars, and Companies Act, 2013 provisions
Directors Present
The following directors attended virtually from their respective locations:
- Mr. Kishor Kharat, Chairman and Independent Director (from Pune office)
- Mr. Vinayak Jadhav, Independent Director & Chairman of Audit Committee
- Mrs. Rajashri Sai, Independent Woman Director & Chairman of Nomination and Remuneration Committee and ESG Committee
- Mrs. Aishwarya Akhade Kalje, Executive Director
- Mr. Shivaji Tukaram Akhade, Managing Director & CEO (from Registered Office, Pune)
- Mr. Sudhir Vithal Mungase, Whole Time Director (from Registered Office, Pune)
Other Attendees
Management Representatives:
- Mr. Venugopal Pendyala, Group Chief Financial Officer
- Mr. Uttam Biswas, Strategic Controller-Consultant
- Mr. Pranvesh Tripathi, Company Secretary and Compliance Officer
Auditor Representatives:
- Sharp & Tannan Associates, Chartered Accountants
- P G BHAGWAT LLP, Chartered Accountants
- KANJ & Co. LLP, Practicing Company Secretaries (Secretarial Auditors)
Members Attendance: 58 members attended through VC
Meeting Proceedings
The meeting was presided over by Chairman Mr. Kishor Kharat who confirmed quorum was present. The meeting commenced at 3:00 PM with introductions of directors, management, committee members, and invitees.
Mr. Pranvesh Tripathi, Company Secretary, briefed members on:
- VC/OAVM arrangements
- Recording and webcasting of proceedings in association with NSDL
- E-voting facility available during AGM for members who hadn't voted remotely
- Appointment of Mr. Sujit Manazhy (KANJ & Co. LLP) as Scrutinizer
- Availability of statutory registers, certificates, and documents on company website
The Chairman confirmed that the Notice of AGM and 30th Annual Report for FY 2025-26 had been sent electronically to members. Auditor reports were taken as read with no material qualifications or adverse comments.
Mr. Shivaji Tukaram Akhade (Managing Director & CEO) and Mr. Venugopal Pendyala (Group CFO) provided business updates and future plans.
Resolutions Considered
Ordinary Business:
1. Adoption of Audited Financial Statements (standalone and consolidated) for FY ended March 31, 2026, with Board of Directors and Auditors reports
2. Re-appointment of Mrs. Aishwarya Akhade Kalje (DIN: 07995385) who retired by rotation
Special Business:
3. Approval for payment of commission to Non-Executive Directors for FY 2025-26
4. Reappointment of Mr. Shivaji Tukaram Akhade (DIN: 00006755) as Managing Director
5. Reappointment of Mr. Sudhir Vithal Mungase (DIN: 00006754) as Whole-time Director
Voting Process
The company provided:
- Remote e-voting facility prior to meeting
- E-voting facility during AGM open for 15 minutes after conclusion of proceedings
- Mr. Sujit Manazhy appointed as Scrutinizer to ensure fair and transparent vote scrutiny
Shareholder Engagement
The Chairman invited pre-registered shareholders to speak and ask questions. The company had received some questions in advance from shareholders. Mr. Venugopal Pendyala, Group CFO, provided answers to shareholder queries.
Voting Results Disclosure
The Chairman announced that e-voting results along with the consolidated Scrutinizer's Report would be:
- Informed to stock exchanges
- Placed on company website
- Within two working days from meeting conclusion
Meeting Conclusion
The meeting concluded at 4:25 PM (including 15 minutes for e-voting at AGM) on September 26, 2026.
Compliance Confirmation
The meeting was conducted in compliance with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies Act, 2013 and Rules thereunder
- MCA General Circulars
- SEBI Circulars regarding virtual meetings