Meeting Details

The 66th Annual General Meeting (AGM) of Citadel Realty and Developers Limited was held on September 18, 2026, from 12:00 PM to 12:39 PM IST through video conference facility. The meeting was conducted in accordance with the Companies Act, 2013, SEBI Listing Regulations, and MCA circulars.

Attendance and Participation

  • 27 members attended the meeting through video conference/other audio visual means
  • 5 promoter/promoter group members and 22 public shareholders attended
  • Total number of shareholders on record date (September 11, 2026): 3,383
  • Mr. Devendra Shrimanker, Chairman of the Company, presided over the meeting
  • Board members, Key Managerial Personnel, Statutory Auditors, and Secretarial Auditors were present

Business Transacted

The following five resolutions were considered and approved:

Ordinary Business:

1. Adoption of audited financial statements for FY2025-2026 (standalone and consolidated) with reports of Board of Directors and Auditors

  • Total votes polled: 6,394,414 (71.05% of outstanding shares)
  • Votes in favor: 6,388,551 (99.91%)
  • Votes against: 5,863 (0.09%)

2. Recommendation of final dividend for financial year ended March 31, 2026

  • Total votes polled: 6,394,414 (71.05% of outstanding shares)
  • Votes in favor: 6,388,551 (99.91%)
  • Votes against: 5,863 (0.09%)

3. Reappointment of Mrs. Sonal Mayur Shah (DIN: 00199734) as director retiring by rotation

  • Total votes polled: 6,232,764 (69.25% of outstanding shares)
  • Votes in favor: 6,232,764 (100%)
  • Votes against: 0 (0%)

Special Business:

4. Approval of material related party transactions consisting of Loans, Advances and Borrowings

  • Total votes polled: 1,269,452 (14.11% of outstanding shares)
  • Votes in favor: 1,263,309 (99.52%)
  • Votes against: 6,143 (0.48%)
  • Promoter/promoter group abstained from voting (1,107,802 votes considered invalid for this resolution)

5. Approval of related party transaction - Transfer of Land to Shree S S Infra Developers Private Limited

  • Total votes polled: 1,269,452 (14.11% of outstanding shares)
  • Votes in favor: 1,263,309 (99.52%)
  • Votes against: 6,143 (0.48%)
  • Promoter/promoter group abstained from voting (1,107,802 votes considered invalid for this resolution)

Voting Details

  • Total share capital: 9,000,000 shares
  • Promoter/promoter group holding: 6,232,764 shares (69.25%)
  • Public institutions holding: 2,432 shares (0.03%)
  • Public non-institutions holding: 2,764,804 shares (30.72%)
  • Remote e-voting period: September 15, 2026 (9:00 AM) to September 17, 2026 (5:00 PM)
  • E-voting during AGM: Available for 15 minutes after meeting conclusion

Scrutinizer Details

  • Mr. Amit Surase of AUS & Co. Company Secretaries was appointed scrutinizer
  • Appointment date: August 4, 2026
  • Report issuance date: September 18, 2026
  • Membership number: A26485