Meeting Details

  • Adjourned AGM Date: 7th October 2026
  • Original AGM Date: 30th September 2026 (adjourned due to lack of quorum)
  • Total shareholders on record date: 2,010
  • Shareholders attended through VC/OAVM: 24 (4 Promoters/Promoter Group, 20 Public)
  • Cut-off date for voting rights: 23rd September 2026

Voting Results Summary

All 12 resolutions were passed with 100% votes in favor:

Ordinary Business

1. Audited Financial Statements: Adoption of audited standalone and consolidated financial statements for year ended March 31, 2026 with reports of Board of Directors and Auditors - Ordinary Resolution passed

2. Re-appointment of Managing Director: Mr. Pankaj Pruthu Desai (DIN: 03344685) re-appointed as Managing Director - Ordinary Resolution passed

Special Business

3. Regularization of Independent Director: Mr. Shailesh Kalidas Naik (DIN: 06546482) regularized as Independent Director for first term of five years effective July 1, 2026 - Special Resolution passed

4. Increase in Borrowing Powers: Under Section 180(1)(c) of Companies Act, 2013 - Special Resolution passed

5. Powers of Board: Under Section 180(1)(a) of Companies Act, 2013 - Special Resolution passed

6. Authorization under Section 185: Of Companies Act, 2013 - Special Resolution passed

7. Authorization under Section 186: Of Companies Act, 2013 - Special Resolution passed

8. Related Party Transactions: Approval with Desco Bio Green Private Limited - Ordinary Resolution passed

9. Related Party Transactions: Approval with Shri Green Agro Energies Private Limited - Ordinary Resolution passed

10. Commission Payment: Approval for payment of commission to Mr. Pankaj Pruthu Desai, Managing Director - Special Resolution passed

11. Remuneration Revision: Approval for Mr. Malhar Pankaj Desai, Whole-Time Director (DIN: 07293599) - Special Resolution passed

12. Remuneration Revision: Approval for Mr. Samarth Pankaj Desai, Director (DIN: 08019677) - Special Resolution passed

Detailed Voting Statistics

Total Share Capital: 76,76,008 shares

Category-wise Shareholding:

  • Promoter & Promoter Group: 44,76,000 shares (58.30%)
  • Public Institutions: 1,60,000 shares (2.08%)
  • Public Non-Institutions: 30,40,008 shares (39.62%)

Overall Voting Participation:

  • Total votes polled: 44,66,000 shares (58.1813% of total share capital)
  • All resolutions received 100% votes in favor
  • No votes against any resolution
  • No invalid votes

Scrutinizer Report Details

  • Scrutinizer: CS Mohan Baid, Partner of M D Baid & Associates, Practicing Company Secretaries
  • E-voting Service Provider: National Securities Depository Limited (NSDL)
  • Remote e-voting period: October 4-6, 2026 (9:00 AM to 5:00 PM)
  • E-voting at AGM: Conducted during adjourned meeting on October 7, 2026
  • Votes unblocked: On October 7, 2026 in presence of witnesses Mr. Gaurang Agarwal and Ms. Bharti Baid
  • Total members voted: 77
  • Total valid votes cast: 46,09,314 shares

Additional Information

  • Documents available on company's website
  • Corporate Office: A-701, Swastik Universal, Beside Valentine Multiplex, Dumas Road, Surat - 395007
  • Company Secretary & Compliance Officer: CS Tripti Gaggar