Meeting Details

The 13th Annual General Meeting was held on Friday, September 25, 2026, commencing at 11:00 A.M. (IST) and concluding at 12:08 P.M. (IST). The meeting was conducted entirely through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) in compliance with the Companies Act, 2013, relevant MCA circulars, SEBI regulations, and Secretarial Standard SS-2. The record date for determining shareholder eligibility was September 18, 2026.

Proposed Resolutions and Implications

Four resolutions were presented for shareholder approval:

Ordinary Business:

  • Resolution 1: To receive, consider, and adopt the audited standalone and consolidated financial statements for the financial year 2025-26, including the Balance Sheet as at March 31, 2026, the Statement of Profit and Loss, Cash Flow Statement, and the Reports of the Board of Directors and Auditors.
  • Resolution 2: To re-appoint Mr. Shreyans Surana (DIN: 02559280) as a Director, who retired by rotation.
  • Resolution 3: To re-appoint Mr. Rohit Kedia (DIN: 06562024) as a Director, who retired by rotation.

Special Business:

  • Resolution 4: To appoint Mr. Harish Chander Khurana (DIN: 11473818) as an Independent Director for his first term of five consecutive years.

Voting Process and Methods

The voting process combined remote e-voting and e-voting during the meeting:

  • Remote e-voting was facilitated by M/s MUFG Intime India Private Limited (MUFG). The voting window commenced at 9:00 A.M. on September 22, 2026, and ended at 5:00 P.M. on September 24, 2026.
  • For shareholders who did not vote via remote e-voting, an e-voting facility was made available for a duration of 30 minutes during the AGM itself.
  • Voting rights were based on the number of shares held as of the cut-off date, September 18, 2026.

Attendance and Participation

  • Total Shareholders on Record Date: 53,101
  • Members Present at Meeting: 212 members, representing 4,858,819 shares, constituted the quorum.
  • Breakdown of VC/OAVM Attendance:
  • Promoters & Promoter Group: 3 members
  • Public: 209 members
  • Directors and KMPs in Attendance: All key personnel attended via VC from various locations:
  • Mr. Shreyans Surana, Chairman & Managing Director (Kolkata)
  • Mr. Bhagwan Prasad, Whole-time Director (Kolkata)
  • Dr. Dhanpat Ram Agarwal, Independent Director (Kolkata)
  • Mr. Saurabh Mittal, Independent Director (Mumbai)
  • Mr. Harish Chandra Khurana, Independent Director (New Delhi)
  • Mr. Nitin Singhania, Chief Financial Officer (Kolkata)
  • Mr. Abinash Singh, Chief Compliance Officer, Company Secretary (Kolkata)
  • Auditors and Scrutinizer Present:
  • Ms. Suman Pandit, representative of Statutory Auditors M/s. Singhi & Co. Charted Accountants
  • Mr. Sanjay Kumar Joshi, Partner of Secretarial Auditors and Scrutinizer M/s. S.K. Joshi & Associates

Scrutinizer's Role

Mr. Sanjay Kumar Joshi, Partner of M/s. S.K. Joshi & Associates, was appointed as the Scrutinizer to scrutinize the entire voting process, including both the remote e-voting period and the e-voting conducted during the AGM. The document notes that the detailed e-voting results along with the Scrutinizer's Report would be made available on the websites of BSE Limited (www.bseindia.com), National Stock Exchange of India Limited (www.nseindia.com), and the company (https://stylebaazar.in/).

Compliance Confirmation

The meeting was conducted in accordance with the applicable provisions of the Companies Act, 2013, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI. The requirement for physical document inspection was met, and the appointment of proxies was noted as not applicable due to the virtual nature of the meeting, except for authorized representatives of corporate shareholders.

Other Procedural Information

The Chairman, Mr. Shreyans Surana, delivered a speech highlighting the company's progress in FY26, focusing on operational efficiency, a youth-centric fashion approach, technology-driven transformation, supply chain effectiveness, and brand visibility. A presentation was made on these topics. A question-and-answer session was held for shareholders who had registered in advance, with responses to be provided via email post-meeting.