Meeting Details

The 58th Annual General Meeting of Blue Jet Healthcare Limited was held on Monday, September 21, 2026, at 11:00 A.M. (IST) through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The total number of shareholders on the record date (cut-off date) was 81,544. Attendance included 3 promoters/promoter group members and 37 public shareholders present through video conferencing.

Proposed Resolutions and Implications

Six resolutions were proposed at the AGM:

1. Ordinary Resolution: To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board and Auditors

2. Ordinary Resolution: To declare dividend of Re. 1.20 (One Rupee and Twenty paise only) for the financial year ended March 31, 2026

3. Ordinary Resolution: To re-appoint Mr. Naresh Suryakant Shah (DIN: 03073963) as Director who retires by rotation

4. Ordinary Resolution: Re-appointment of M/s. KKC & Associates LLP, Chartered Accountants as Statutory Auditors

5. Special Resolution: Re-appointment of Mr. Akshay Bansarilal Arora (DIN: 00105637) as Whole-Time Director and Executive Chairman

6. Special Resolution: Re-appointment of Mr. Shiven A. Arora (DIN: 07351133) as Managing Director

Voting Process and Methods

The voting process utilized two methods:

  • Remote E-voting: Conducted through MUFG Intime India Private Limited from September 18, 2026 (09:00 A.M. IST) to September 20, 2026 (05:00 P.M. IST)
  • E-voting during AGM: Available for members attending through VC/OAVM who did not cast votes through remote e-voting

The cut-off date for determining voting eligibility was September 14, 2026.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 148,697,775 shares (78.5615% of outstanding shares)
  • Votes in favor: 148,697,680 (99.9999%)
  • Votes against: 95 (0.0001%)
  • Passed: Yes

Resolution 2: Dividend Declaration

  • Total votes cast: 148,697,775 shares (78.5615% of outstanding shares)
  • Votes in favor: 148,697,767 (100.0000%)
  • Votes against: 8 (0.0000%)
  • Passed: Yes

Resolution 3: Re-appointment of Naresh Suryakant Shah

  • Total votes cast: 148,697,173 shares (78.5612% of outstanding shares)
  • Votes in favor: 147,438,610 (99.1536%)
  • Votes against: 1,258,563 (0.8464%)
  • Passed: Yes

Resolution 4: Re-appointment of Auditors

  • Total votes cast: 148,697,775 shares (78.5615% of outstanding shares)
  • Votes in favor: 148,697,680 (99.9999%)
  • Votes against: 95 (0.0001%)
  • Passed: Yes

Resolution 5: Re-appointment of Akshay Bansarilal Arora

  • Total votes cast: 148,697,173 shares (78.5612% of outstanding shares)
  • Votes in favor: 147,436,636 (99.1523%)
  • Votes against: 1,260,537 (0.8477%)
  • Passed: Yes

Resolution 6: Re-appointment of Shiven A. Arora

  • Total votes cast: 148,697,173 shares (78.5612% of outstanding shares)
  • Votes in favor: 147,422,429 (99.1427%)
  • Votes against: 1,274,744 (0.8573%)
  • Passed: Yes

Participation Breakdown by Shareholder Category

Promoter and Promoter Group

  • Shares held: 138,445,726
  • Votes polled: 138,445,696 (100.0000% of shares held)
  • Voted unanimously in favor of all resolutions

Public Institutions

  • Shares held: 16,010,756
  • Votes polled: 10,239,820 (63.9559% of shares held)
  • Showed significant opposition to director reappointments (12.29-12.45% against)

Public Non-Institutions

  • Shares held: 34,819,219
  • Votes polled: 12,259 (0.0352% of shares held)
  • Minimal opposition on some resolutions (0.15-6.21% against)

Scrutinizer's Role and Findings

Nupur Gadekar, Partner at Mehta & Mehta Company Secretaries (ICSI Unique Code P1996MH007500), was appointed as Scrutinizer. The scrutinizer's responsibilities included:

  • Scrutinizing the process of remote e-voting and e-voting during the AGM
  • Generating consolidated report of votes cast for and against resolutions
  • Unblocking votes in the presence of two witnesses (Mr. Lucky Yaduwanshi and Mr. Atharva Sankaye)

The scrutinizer confirmed that the voting process complied with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014, along with relevant MCA circulars and SEBI regulations.

Compliance Confirmation

The document confirms compliance with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Relevant MCA circulars and SEBI regulations