Meeting Details

The 24th AGM of Cineline India Limited was held on Wednesday, September 23, 2026, commencing at 11:00 a.m. IST and concluding at 11:22 a.m. IST. The meeting was conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM).

Attendance

  • Mr. Rasesh Kanakia (Chairman & Whole-time Director, DIN: 00015857) chaired the meeting
  • Other Directors present: Mr. Himanshu Kanakia (Managing Director), Mrs. Hiral Kanakia (Whole-Time Director, Women Director), Mr. Shantilal Haria (Independent Director), Mr. Naushad Panjwani (Independent Director), and Mr. Sanjiv Mehta (Independent Director)
  • Management present: Mr. Vipul Parekh (Chief Financial Officer) and Mr. Palkeshkumar Jain (Company Secretary) along with other Key Executives and Senior Management
  • Statutory Auditors, Secretarial Auditors, and the Scrutinizer for the e-voting process were also present

Business Transacted

The following business items from the Notice of AGM dated May 15, 2026, were transacted:

Ordinary Business:

1. Receipt, consideration, and adoption of the Audited Financial Statements of the Company for the financial year ended March 31, 2026, along with notes, Report of the Directors, and Auditors' Report

2. Declaration of a Final Dividend @ 25% i.e., ₹1.25 per equity share of the face value of ₹5 each for the Financial Year ended March 31, 2026

3. Re-appointment of Mrs. Hiral Kanakia (DIN: 00015924) as Director, who retired by rotation and offered herself for re-appointment

Voting Process

The Company provided facility for remote e-voting to Members through MUFG Intime India Private Limited for all resolutions. The remote e-voting period commenced on September 20, 2026, at 09:00 a.m. IST and ended on September 22, 2026, at 05:00 p.m. IST.

Mr. Dharmesh Zaveri of D.M. Zaveri & Co., Practising Company Secretary, was appointed as Scrutinizer for both the remote e-voting and e-voting process at the AGM.

Member Interaction

The Company received requests from Members to register as speakers at the Meeting. Members raised queries regarding financial performance and business plan, which were clarified by the Chairman and Mr. Vipul Parekh, Chief Financial Officer.

Procedural Notes

  • The requisite quorum was present
  • The Notice convening the AGM was taken as read
  • Statutory Audit Report and Secretarial Audit Report did not contain any qualifications/adverse remarks and were not read
  • Mr. Rasesh Kanakia did not chair the proceedings for agenda item No. 3 (re-appointment of Mrs. Hiral Kanakia) due to interest, and Mr. Naushad Panjwani, Independent Director, chaired that segment

Post-Meeting Actions

The voting results (remote e-voting and voting at the meeting through electronic voting system) will be intimated to the Stock Exchanges within two working days of the conclusion of the AGM, pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the Scrutinizer's Report pursuant to Section 108 of the Companies Act, 2013 and the Companies (Management and Administration) Rules, 2014.

The proceedings of the 24th AGM are also available on the Company's website at www.moviemax.co.in.