Bajel Projects Limited 4th Annual General Meeting Summary
Meeting Details
- Date and Time: Monday, August 10, 2026, from 03:00 PM to 04:15 PM (IST)
- Mode: Conducted via Video Conferencing/Other Audio-Visual Means (VC/OAVM) as authorized by MCA and SEBI circulars
- Presiding Officer: Mr. Shekhar Bajaj, Chairman of the Company
- Quorum: Present and meeting called to order
Attendance
Directors Present:
- Mr. Shekhar Bajaj (Chairman)
- Mr. Maneck Davar (Chairman of Audit Committee)
- Mr. Sudarshan Sampathkumar (Chairman of Nomination and Remuneration Committee)
- Mr. Rajesh Ganesh (Managing Director & CEO)
Other Attendees:
- Chief Financial Officer
- Company Secretary
- Mr. Pushkar Sakhalkar, Partner, S R B C & CO LLP (Statutory Auditors)
- Mr. Anant Khamankar, Anant B Khamankar & Co (Secretarial Auditors)
Key Proceedings
Condolence: The Chairman expressed deep condolences on the sad demise of Dr. Rajendra Prasad Singh, Independent Director, who passed away on July 16, 2026.
Document Access: Mandated documents were made accessible for electronic perusal by members during the AGM.
Audit Reports: Both the Statutory Auditors' report on Financial Statements and the Secretarial Audit Report for FY ended March 31, 2026, were devoid of any adverse remarks, qualifications, or disclaimers. These reports were not read out and were taken as read.
Voting Process:
- Remote e-voting was provided through MUFG Intime India Private Limited
- Record date for e-voting: Monday, August 03, 2026
- Remote e-voting period: August 05, 2026 (9:00 AM IST) to August 09, 2026 (5:00 PM IST)
- E-voting option was also available during the AGM for members who hadn't voted previously
Agenda Items Approved
All agenda items were approved through requisite majority:
Ordinary Business:
1. Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, together with Directors' and Auditors' Reports - Ordinary Resolution
2. Re-appointment of Mr. Rajesh Ganesh (DIN: 07008856) as director who retires by rotation - Ordinary Resolution
3. Declaration of final dividend on equity shares for FY ended March 31, 2026 - Ordinary Resolution
Special Business:
4. Authorization to Board of Directors for borrowing under section 180(1)(c) of Companies Act, 2013 up to ₹5,000 crores aggregate limit - Special Resolution
5. Authorization to Board of Directors for creation of mortgage/charge on company assets under section 180(1)(a) of Companies Act, 2013 up to ₹5,000 crores aggregate limit - Special Resolution
6. Ratification of remuneration of Cost Auditors for FY ending March 31, 2027 - Ordinary Resolution
7. Appointment of Ms. Pooja Bajaj (DIN: 08254455) as Non-Executive and Non-Independent Director - Ordinary Resolution
8. Approval for Payment of Commission to Non-Executive Directors - Special Resolution
Shareholder Engagement
- 14 shareholder/members addressed the meeting through VC seeking clarifications on accounts, businesses, and operational matters
- Clarifications were provided by Chairman and Mr. Rajesh Ganesh, Managing Director & CEO
Conclusion and Next Steps
- The e-voting results along with Scrutinizer's Report from M/s. Anant Khamankar & Co will be communicated to stock exchanges
- Results will be posted on company website (www.bajelprojects.com) and MUFG Intime website (www.in.mpms.mufg.com) within two working days after AGM conclusion
- E-voting facility remained open for 15 minutes after meeting conclusion at 4:15 PM