Meeting Details

The 41st AGM of Faze Three Limited was held on Friday, September 04, 2026 at 05:00 p.m. (IST) through Video Conferencing facility. The deemed venue was the registered office of the Company situated at Survey 380/1, Khanvel Silvassa Road, Dapada, Silvassa – 396 230, UT of D&NH.

Attendance

53 (Fifty-Three) shareholders attended the Meeting through Video Conferencing Mode, forming the requisite quorum.

Key Participants

Board of Directors & Management Present:

  • Mrs. Rashmi Anand - Non-Executive Director
  • Mr. Chuji Kondo - Independent Director
  • Mr. Mohit Solanki - Additional (Independent) Director, Chairman of the Audit Committee, NRC & SRC
  • Mr. Ajay Anand - Chairman and Managing Director
  • Mr. Ankit Madhwani - Chief Financial Officer
  • Mr. Vishnu Anand - Group President
  • Mr. Akram Sati - Company Secretary & Compliance Officer

Auditors Present:

  • Mr. Nitin Tiwari and Mr. Taikhoom Dawoodkhan - Authorised Representatives of M/s. MSKA & Associates LLP, Chartered Accountants (Statutory Auditors)
  • Mr. Sanjay Dholakia - M/s. Sanjay Dholakia & Associates, Practicing Company Secretaries (Secretarial Auditor & Scrutinizer)

Directors Absent:

  • Mr. James Barry Leonard, Independent Director (due to pre-occupation)
  • Mr. Devajyoti Bhattacharya, Independent Director (due to pre-occupation)

Voting Arrangements

Remote e-voting was conducted through National Securities Depository Limited (NSDL). The voting period commenced on Tuesday, September 01, 2026 at 09:00 a.m. and ended on Thursday, September 03, 2026 at 05:00 p.m. Members who did not cast votes through remote e-voting were given opportunity to cast votes during the meeting and for 15 minutes after the conclusion of the Meeting.

Mr. Sanjay Dholakia was appointed as the scrutinizer for remote e-voting and e-voting at the AGM.

Documents Considered

The Notice convening the 41st AGM, Report of the Board of Directors, Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026 along with the Auditors Report were taken as read. There were no observations, adverse comments, reservations or remarks in the Statutory Auditor's Report or Secretarial Auditor's Report for FY2026.

Resolutions Transacted

Ordinary Businesses:

1. Adoption of: (a) Audited Standalone Financial Statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors; (b) Audited Consolidated Financial Statements for FY ended March 31, 2026 with report of Auditors - Ordinary Resolution

2. Re-appointment of Mr. Sanjay Anand (DIN: 01367853) who retires by rotation - Ordinary Resolution

Special Business:

3. Appointment of Mr. Mohit Solanki (DIN: 11878759) as an Independent Director - Special Resolution

4. Increase in borrowing limits of the Company under section 180(1)(c) of the Companies Act, 2013 - Special Resolution

5. Selling/creation of mortgage or charge on the assets of the Company as per section 180(1)(a) of the Companies Act, 2013 - Special Resolution

Shareholder Engagement

Shareholders were provided opportunity to send queries via email prior to the meeting. All received queries were read out and addressed by Mr. Ankit Madhwani, CFO. During the meeting, 2 shareholders who had not registered as speakers raised queries which were addressed by Mr. Ajay Anand (Chairman & MD), Mr. Ankit Madhwani (CFO), and Mr. Akram Sati (CS).

Timeline and Conclusion

The meeting commenced at 05:00 p.m. and concluded at 05:37 p.m. (including time allowed for e-voting post AGM). The e-voting results along with Scrutinizer's Report will be intimated to Stock Exchanges and uploaded on the Company's website and NSDL within two working days after conclusion of the Meeting.