Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Euro Pratik Sales Limited

Meeting Details

  • Date: 22nd September, 2026
  • Time: 03:00 P.M.
  • Type: 17th Annual General Meeting
  • Mode: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM) without physical presence of members
  • Deemed Venue: Registered Office at 601-602 6th Floor, Peninsula Heights, C D Barfiwala Lane, Andheri West 400058, Mumbai Maharashtra, India

Proposed Resolutions and Implications

Resolution 1: Adoption of Financial Statements

Ordinary Resolution for adoption of:

  • Audited Standalone Financial Statements for FY ended 31st March 2026 with reports of Board of Directors and Auditors
  • Audited Consolidated Financial Statements for FY ended 31st March 2026 with report of Auditors

Resolution 2: Noting of Interim Dividend Payment

Ordinary Resolution for noting payment of interim dividend of Rs. 0.20 (20%) per Equity Share on 10,22,00,000 Equity Shares (face value Re. 1/- each) declared on 23rd March 2026 for FY ended 31st March 2026

Resolution 3: Director Re-appointment

Ordinary Resolution for re-appointment of Mr. Jai Gunvantraj Singhvi (DIN: 00408876) who retired by rotation and offered himself for re-appointment

Resolution 4-9: Related Party Transactions

Six separate Ordinary Resolutions approving transactions with related parties for purchase and sale of goods and materials up to Rs. 125 Crore each year:

  • Resolution 4: URO Veneer World LLP (subsidiary)
  • Resolution 5: Hues Ply Décor LLP (subsidiary)
  • Resolution 6: Europratik Intex LLP (subsidiary)
  • Resolution 7: Euro Pratik Trade- FZCO (subsidiary)
  • Resolution 8: Euro Pratik C Corp INC (subsidiary)
  • Resolution 9: Chawla Brothers (entity where company has substantial interest and control)

Resolution 10: Secretarial Auditor Appointment

Ordinary Resolution for appointment of M/s. M Baldeva Associates, Company Secretaries, Mumbai (Peer Review No: 1436/2021) as Secretarial Auditors

Resolution 11: Independent Director Appointment

Special Resolution for appointment of Mr. Manish Sacheti (DIN: 01072819) as Non-Executive Independent Director

Voting Process and Methods

The Company provided two voting methods:

1. Remote E-Voting: Open from 19th September 2026 (9:00 AM) to 21st September 2026 (5:00 PM) through MUFG Intime India Private Limited platform

2. E-Voting during AGM: For members present at AGM who had not voted through remote e-voting earlier

CS Manish Baldeva, Proprietor of M/s. M Baldeva Associates, was appointed as Scrutinizer to scrutinize the voting process in a fair and transparent manner.

Key Voting Outcomes

Attendance Statistics

  • Promoters and Promoter Group attendees: 8
  • Public attendees: 25
  • Total attendees: 33

Resolution-wise Voting Results

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 30,547,484 shares (29.8899% of outstanding)
  • Votes in favor: 30,547,364 (99.9996%)
  • Votes against: 120 (0.0004%)
  • Category breakdown:
  • Promoter & Promoter Group: 23,079,925 votes (100% in favor)
  • Public Institutions: 2,721,070 votes (100% in favor)
  • Public Non-Institutions: 4,746,489 votes (99.9975% in favor, 0.0025% against)

Resolution 2: Noting of Interim Dividend

  • Total votes cast: 30,547,484 shares (29.8899% of outstanding)
  • Votes in favor: 30,547,364 (99.9996%)
  • Votes against: 120 (0.0004%)
  • Same category breakdown as Resolution 1

Resolution 3: Director Re-appointment

  • Total votes cast: 30,547,484 shares (29.8899% of outstanding)
  • Votes in favor: 30,547,304 (99.9994%)
  • Votes against: 180 (0.0006%)
  • Category breakdown:
  • Promoter & Promoter Group: 23,079,925 votes (100% in favor)
  • Public Institutions: 2,721,070 votes (100% in favor)
  • Public Non-Institutions: 4,746,489 votes (99.9962% in favor, 0.0038% against)

Resolutions 4-8: Related Party Transactions

Promoters were interested parties and did not vote

  • Total votes cast: 7,467,559 shares (7.3068% of outstanding)
  • Votes in favor: 7,467,439 (99.9984%)
  • Votes against: 120 (0.0016%)
  • Category breakdown:
  • Promoter & Promoter Group: 0 votes (abstained as interested party)
  • Public Institutions: 2,721,070 votes (100% in favor)
  • Public Non-Institutions: 4,746,489 votes (99.9975% in favor, 0.0025% against)

Resolution 9: Related Party Transaction with Chawla Brothers

  • Total votes cast: 30,547,484 shares (29.8899% of outstanding)
  • Votes in favor: 30,547,364 (99.9996%)
  • Votes against: 120 (0.0004%)
  • Category breakdown:
  • Promoter & Promoter Group: 23,079,925 votes (100% in favor)
  • Public Institutions: 2,721,070 votes (100% in favor)
  • Public Non-Institutions: 4,746,489 votes (99.9975% in favor, 0.0025% against)

Resolution 10: Secretarial Auditor Appointment

  • Total votes cast: 30,547,484 shares (29.8899% of outstanding)
  • Votes in favor: 30,547,364 (99.9996%)
  • Votes against: 120 (0.0004%)
  • Same category breakdown as Resolution 1

Resolution 11: Independent Director Appointment

  • Total votes cast: 30,547,484 shares (29.8899% of outstanding)
  • Votes in favor: 30,547,304 (99.9994%)
  • Votes against: 180 (0.0006%)
  • Category breakdown:
  • Promoter & Promoter Group: 23,079,925 votes (100% in favor)
  • Public Institutions: 2,721,070 votes (100% in favor)
  • Public Non-Institutions: 4,746,489 votes (99.9962% in favor, 0.0038% against)

Scrutinizer's Role and Findings

CS Manish Baldeva was appointed as Scrutinizer by the Board of Directors meeting held on 10th August 2026. His responsibilities included:

  • Scrutinizing both remote e-voting and e-voting during the AGM
  • Determining results based on reports generated from MUFG Intime's e-voting system
  • Maintaining relevant records until Chairman approves and signs meeting minutes

The Scrutinizer confirmed:

  • Notice of AGM was sent via email on 29th August 2026 to registered email addresses
  • Newspaper advertisements were published in Financial Express (English) and Mumbai Lakshadeep (Marathi) on 29th August 2026
  • Cut-off date for voting rights was 15th September 2026
  • No invalid votes were cast in any resolution

Compliance Confirmation

The document confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • MCA General Circular No. 03/2025 dated 22nd September 2025
  • All applicable circulars issued by Ministry of Corporate Affairs

Additional Information

The voting results and Consolidated Scrutinizer's Report were uploaded on:

  • Company website: www.europratik.com
  • MUFG Intime India Private Limited website: www.mufgintime.co.in

The AGM was attended by requisite quorum and all resolutions were passed with requisite majority as required under applicable laws.