Emmbi Industries 32nd AGM Approves All Resolutions

Meeting Details

Date of Meeting: Wednesday, 23rd September, 2026
Time of Meeting: 11:30 A.M. (IST)
Location/Mode: Conducted through Video Conferencing / Other Audio-Visual Means
Type of Meeting: 32nd Annual General Meeting (AGM)
Record Date: Wednesday, 16th September, 2026
Total Shareholders on Record Date: 12,538

Summary of Proposed Resolutions and Implications

All eight items of business contained in the AGM notice were transacted and approved by shareholders. The resolutions covered:

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

2. Ordinary Resolution 2: To declare a dividend of ₹0.30 per equity share for FY26.

3. Ordinary Resolution 3: To reappoint Mrs. Rinku M Appalwar (DIN: 00171976), a director retiring by rotation.

4. Ordinary Resolution 4: To ratify the remuneration payable to the cost auditor for FY 2026-2027.

5. Special Resolution 5: To appoint Mr. Anuj Choksey (DIN: 10417326) as a Non-Executive, Independent Director.

6. Special Resolution 6: To appoint Ms. Maithili Makrand Appalwar (DIN: 08501502) as Executive Director and approve her terms of appointment and remuneration.

7. Special Resolution 7: To appoint Mr. Yash Ravi Punjabi (DIN: 11228629) as Executive Director and approve his terms of appointment and remuneration.

8. Special Resolution 8: To approve payment and continuation of payment of remuneration to executive directors who are promoters or members of the promoter group, in excess of threshold limits prescribed by SEBI LODR.

The implications include the formal adoption of annual accounts, distribution of profits, and the confirmation of the company's leadership and governance structure for the forthcoming period.

Voting Process and Methods

The voting was conducted through a combination of:

Remote e-voting: Managed by National Securities Depository Limited (NSDL). The voting period commenced at 09:00 AM on Sunday, 20th September, 2026, and concluded at 05:00 PM on Tuesday, 22nd September, 2026.
E-voting at the AGM: Facility was provided for members present at the AGM via VC/OAVM who had not cast their vote via remote e-voting.

The scrutinizer unblocked the votes cast through electronic mode on 23rd September 2026 at 12:25 P.M. (IST) in the presence of two independent witnesses.

Key Voting Outcomes

Overall Participation

Total Outstanding Shares: 19,240,250
Total Votes Polled: 12,429,308
Overall Poll Percentage: 64.60%

Resolution-Wise Results

1. Ordinary Resolution 1 (Adoption of Financial Statements)

Total Votes in Favour: 12,429,304 (100.00% of votes polled)
Total Votes Against: 4 (0.00% of votes polled)

2. Ordinary Resolution 2 (Dividend Declaration of ₹0.30/share)

Total Votes in Favour: 12,429,304 (99.99997% of votes polled)
Total Votes Against: 4 (0.00003% of votes polled)

3. Ordinary Resolution 3 (Re-appointment of Mrs. Rinku M Appalwar)

Promoter Interest in Resolution: YES
Total Votes Polled: 10,061,562 (52.29% of outstanding shares)
Total Votes in Favour: 10,061,558 (100.00% of votes polled)
Total Votes Against: 4 (0.00004% of votes polled)

4. Ordinary Resolution 4 (Ratification of Cost Auditor Remuneration)

Promoter Interest in Resolution: NO
Total Votes in Favour: 12,429,304 (99.99997% of votes polled)
Total Votes Against: 4 (0.00003% of votes polled)

5. Special Resolution 5 (Appointment of Mr. Anuj Choksey)

Total Votes in Favour: 12,429,304 (99.99997% of votes polled)
Total Votes Against: 4 (0.00003% of votes polled)

6. Special Resolution 6 (Appointment of Ms. Maithili Appalwar)

Promoter Interest in Resolution: YES
Total Votes Polled: 11,361,958 (59.05% of outstanding shares)
Total Votes in Favour: 11,361,954 (99.99996% of votes polled)
Total Votes Against: 4 (0.00004% of votes polled)

7. Special Resolution 7 (Appointment of Mr. Yash Punjabi)

Promoter Interest in Resolution: YES
Total Votes in Favour: 12,429,304 (99.99997% of votes polled)
Total Votes Against: 4 (0.00003% of votes polled)

8. Special Resolution 8 (Promoter Executive Remuneration)

Promoter Interest in Resolution: YES
Total Votes in Favour: 12,377,920 (99.59% of votes polled)
Total Votes Against: 51,388 (0.41% of votes polled)

Participation Breakdown by Shareholder Category

Category: Promoter and Promoter Group

Shares Held: 12,111,103
Votes Polled: 12,111,103 (100.00% of shares held)
Votes in Favour: 12,111,103 (100.00% of votes polled by category)

Category: Public - Institutions

Shares Held: 0
Votes Polled: 0 (0.00% of shares held)

Category: Public - Non-Institutions

Shares Held: 7,129,147
Votes Polled: 318,205 (4.46% of shares held)
Votes in Favour: 318,201 (99.99% of votes polled by category)
Votes Against: 4 (0.01% of votes polled by category)

Note: For Resolution 8, Public Non-Institutions voted 266,817 (83.85%) in favour and 51,388 (16.15%) against.

Scrutinizer's Role, Findings, and Conclusions

Scrutinizer: Sanjay Dholakia of Sanjay Dholakia & Associates, Practicing Company Secretaries.
Role: Appointed to scrutinize the remote e-voting and e-voting process during the AGM, ensuring a fair and transparent process based on reports from NSDL.
Findings: The scrutinizer received a complete record of votes cast from NSDL. The votes were unblocked in the presence of two witnesses not employed by the company.
Conclusion: Based on the combined results of remote e-voting and e-voting at the AGM, all resolutions were passed with the requisite majority. The electronic data and relevant records were handed over to the Company Secretary for preservation.

Compliance Confirmation

The disclosure is made in compliance with:

The Companies Act, 2013
Regulation 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
SEBI Circular dated May 13, 2022
MCA General Circulars No. 20/2020, 14/2020, 17/2020, 02/2021, 10/2022, 09/2023, and 09/2024, and 03/2025

The information was also placed on the company's website (https://www.emmbi.com/).