Meeting Details

The 10th Annual General Meeting was held on Thursday, August 27, 2026, at 03:00 PM (IST) through Video Conferencing/Other Audio Visual Means (VC/OAVM). No physical meeting or proxy arrangements were made. The cutoff date for determining shareholders entitled to vote was Wednesday, August 19, 2026.

Attendance Details

  • Total members present through VC/OAVM: 63
  • Promoter and Promoter Group attendees: 5 members
  • Public shareholder attendees: 54 members
  • 4 directors who are also promoters were present at a common venue

Proposed Resolutions and Implications

The AGM considered seven ordinary resolutions:

1. Adoption of Audited Financial Statements (Standalone and Consolidated) for FY ended March 31, 2026, along with Reports of Board of Directors and Auditors

2. Declaration of dividend of ₹0.50 per equity share of ₹5 each for FY ended March 31, 2026

3. Re-appointment of Mr. Vimalchand Jugraj Rathod (DIN: 00123007) as director retiring by rotation

4. Re-appointment of Mr. Mohit Khubilal Rathod (DIN: 00122951) as director retiring by rotation

5. Appointment of Statutory Auditor for five consecutive years from FY 2026-27

6. Re-appointment of Mr. Mohit Khubilal Rathod (DIN: 00122951) as Whole-time Director for five years

7. Re-appointment of Mr. Sumit Vimalchand Rathod (DIN: 02987687) as Whole-time Director for five years

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: Open from Monday, August 24, 2026 (9:00 AM IST) to Wednesday, August 26, 2026 (5:00 PM IST)
  • E-voting during AGM: Available for 15 minutes after the meeting for members who hadn't voted remotely
  • Service Provider: MUFG Intime India Private Limited (formerly Link Intime India Private Limited) using 'Instavote' platform
  • Shareholders who voted remotely were blocked from voting again during the AGM

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 90,311,628
  • Votes in favor: 90,311,628 (99.9999%)
  • Votes against: 15 (0.0001%)
  • Invalid votes: 0

Resolution 2: Dividend Declaration

  • Total votes cast: 90,311,628
  • Votes in favor: 90,311,628 (99.9999%)
  • Votes against: 15 (0.0001%)
  • Invalid votes: 0

Resolution 3: Re-appointment of Vimalchand Jugraj Rathod

  • Total votes cast: 90,311,628
  • Votes in favor: 90,311,628 (99.9999%)
  • Votes against: 15 (0.0001%)
  • Invalid votes: 0

Resolution 4: Re-appointment of Mohit Khubilal Rathod

  • Total votes cast: 90,311,643
  • Votes in favor: 90,255,961 (99.9383%)
  • Votes against: 55,682 (0.0617%)
  • Invalid votes: 0

Resolution 5: Appointment of Statutory Auditor

  • Total votes cast: 90,311,628
  • Votes in favor: 90,311,628 (99.9999%)
  • Votes against: 15 (0.0001%)
  • Invalid votes: 0

Resolution 6: Re-appointment of Mohit Khubilal Rathod as Whole-time Director

  • Total votes cast: 90,311,643
  • Votes in favor: 90,255,961 (99.9383%)
  • Votes against: 55,682 (0.0617%)
  • Invalid votes: 0

Resolution 7: Re-appointment of Sumit Vimalchand Rathod as Whole-time Director

  • Total votes cast: 90,311,643
  • Votes in favor: 90,255,961 (99.9383%)
  • Votes against: 55,682 (0.0617%)
  • Invalid votes: 0

Participation Breakdown

  • Total members who voted: 62 (61 remote e-voting, 1 e-voting at AGM)
  • 2 members voted during the AGM out of 63 attendees
  • Remote e-voting participation: 61 members casting 90,311,622 votes
  • E-voting at AGM participation: 1 member casting 6 votes in favor and 1 member casting 14 votes against across resolutions

Scrutinizer's Role and Findings

Keshav Purohit, Company Secretary in Practice (ACS: 39702, CP No. 20471), Partner of KPUB & CO., was appointed as scrutinizer. His responsibilities included:

  • Scrutinizing the e-voting process (remote and during AGM)
  • Making a consolidated report of votes cast for/against resolutions
  • Using reports generated from MUFG Intime India's e-voting facility
  • Confirming all resolutions passed with requisite majority
  • Maintaining electronic data and records for handover to Company Secretary

Compliance Confirmation

The meeting was conducted in compliance with:

  • SEBI Circulars: SEBI/HO/CFD/CMD1/CIR/P/2020/79, SEBI/HO/CFD/CMD2/CIR/P/2021/11, SEBI/HO/CFD/PoD-2/P/CIR/2023/4, SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133
  • MCA Circulars: 14/2020, 17/2020, 20/2020, 2/2021, 2/2022, 10/2022, 09/2023, 09/2024, 03/2025
  • Companies Act, 2013 Section 108 and Rule 20 of Companies (Management and Administration) Rules, 2014
  • Public advertisements were published in The Free Press Journal (English) and Navshakti (Marathi) on August 4 and August 6, 2026

Additional Information

The voting results and scrutinizer's report are available on the company's website at https://www.flairworld.in/investor-relation.aspx. The scrutinizer confirmed that all electronic voting records will be handed over to the Company Secretary for preservation after the Chairman approves and signs the AGM minutes.