Meeting Details

  • Meeting Type: 33rd Annual General Meeting (AGM)
  • Date of Meeting: Saturday, September 26, 2026
  • Time of Meeting: 4:00 PM to 4:39 PM
  • Mode of Meeting: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Deemed Venue: Registered Office of the Company (S-1, D-39, N-66, Phase IV, Verna Industrial Estate, Verna, Goa - 403722)

Proposed Resolutions and Implications

The AGM considered two items of Ordinary Business:

1. Resolution (Item 1): To receive, consider, and adopt the Audited Standalone and Consolidated Financial Statements of the company for the financial year ended March 31, 2026, along with the Reports of the Auditors and Board of Directors thereon. This is a standard annual requirement for shareholder approval.

2. Resolution (Item 2): To appoint a director in place of Mr. Kushal Suri (DIN: 02450138), who retired by rotation and, being eligible, offered himself for re-appointment. This resolution concerns the continuation of an existing director on the board.

Voting Process

  • Cut-off Date: Saturday, September 19, 2026. Members registered as of this date were eligible to vote.
  • Remote E-Voting: The facility was provided by National Securities Depository Limited (NSDL). It commenced on Wednesday, September 23, 2026, at 9:00 AM and ended on Friday, September 25, 2026, at 5:00 PM.
  • E-Voting during AGM: A facility was also provided for members attending the AGM who had not cast their votes via remote e-voting.
  • Scrutinizer: Mr. Ajay Kumar, Proprietor of M/s Ajay K. & Associates, Company Secretaries (FCS: 11019), was appointed to scrutinize the entire voting process in a fair and transparent manner. His appointment was approved in the Board Meeting held on August 7, 2026.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total Valid Votes Cast: 51,865,527
  • Votes in Favor: 51,865,471 (99.9999% of votes cast)
  • Votes Against: 56 (0.0001% of votes cast)
  • Invalid Votes: 0
  • Result: Passed as an Ordinary Resolution.

Category-wise Breakdown for Resolution 1:

  • Promoter & Promoter Group: Voted 100% in favor (49,250,895 votes). 99.87% of their total shareholding voted.
  • Public Non-Institutions: Voted 99.9979% in favor (2,614,576 votes for; 56 against). 52.99% of their total shareholding voted.

Resolution 2: Re-appointment of Mr. Kushal Suri

  • Total Valid Votes Cast: 51,865,527
  • Votes in Favor: 51,865,371 (99.9997% of votes cast)
  • Votes Against: 156 (0.0003% of votes cast)
  • Invalid Votes: 0
  • Result: Passed as an Ordinary Resolution.

Category-wise Breakdown for Resolution 2:

  • Promoter & Promoter Group: Voted 100% in favor (49,250,895 votes). 99.87% of their total shareholding voted.
  • Public Non-Institutions: Voted 99.9940% in favor (2,614,476 votes for; 156 against). 52.99% of their total shareholding voted.

Participation Breakdown

  • Total Shareholders on Record Date: 3,501
  • Shareholders Present in Meeting via VC/OAVM: 36 (22 Promoters/Promoter Group; 14 Public)
  • Preference Shareholders on Record Date: 11
  • Preference Shareholders Present in Meeting via VC/OAVM: 7 (All from Promoter Group; 0 Public)

Preference Share Voting

  • By virtue of Section 47(2) of the Companies Act, 2013, 34,56,890 Redeemable Preference Shares (RPS) of face value Rs. 100/- each, held by the promoter group, exercised voting rights.
  • The voting ratio was 1 RPS = 10 votes, contributing 34,568,900 votes to the total poll, all cast in favor of both resolutions.

Scrutinizer's Role and Findings

Mr. Ajay Kumar was responsible for scrutinizing both the remote e-voting and e-voting during the AGM. He unblocked and compiled the results from NSDL in the presence of two independent witnesses after the meeting. His report confirms that the voting process was conducted in a fair and transparent manner, and the results detailed above are based on the data downloaded from NSDL's e-voting system. He found no invalid votes.

Compliance Confirmation

The disclosure confirms compliance with:

  • Section 108 of the Companies Act, 2013, and the Companies (Management and Administration) Rules, 2014.
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 44.
  • MCA General Circulars Nos. 14/2020, 17/2020, 20/2020, and 10/2022.
  • SEBI Circulars SEBI/HO/CFD/CMD1/CIR/P/2020/79 and SEBI/HO/CFD/PoD-2/P/CIR/2023/4.
  • Relevant Secretarial Standards.

Advertisements were published in 'The Financial Express' (Mumbai) and 'Dainik Herald' (Goa) on August 22, 2026, and September 3, 2026.

Additional Information

The detailed voting results have been made available on the company's website (www.bluecoast.in) and the website of NSDL (www.evoting.nsdl.com).