Event Details

The 39th Annual General Meeting (AGM) of Fredun Pharmaceuticals Limited was held on Tuesday, 30th June, 2026 through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting commenced at 09:00 A.M. (IST) and concluded at 9:20 A.M. (IST), lasting 20 minutes.

Attendees

  • Dr. (Mrs.) Daulat Nariman Medhora, Chairperson and Joint Managing Director (chaired the meeting)
  • Mr. Fredun Medhora, Managing Director and Chief Financial Officer
  • Ms. Vaishnavi Sahu, Company Secretary and Compliance Officer
  • Representative of M/s. R.H. Nisar & Co., Statutory Auditors
  • Ms. Kala Agarwal, Practicing Company Secretary (Scrutinizer)

Voting Process

The company provided remote e-voting facility from Saturday, 27th June, 2026 at 9:00 A.M. (IST) to Monday, 29th June, 2026 at 5:00 P.M. (IST). Additional e-voting was available through NSDL platform for 15 minutes after the AGM conclusion. Ms. Kala Agarwal was appointed as Scrutinizer for both remote e-voting and e-voting at the AGM.

Resolutions Approved

The following 11 resolutions were put to vote and approved by members:

1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026

2. Ordinary Resolution: To appoint a Director in place of Dr. (Mrs.) D.N. Medhora, Whole Time Director (DIN: 01745277) who retires by rotation and offers herself for re-appointment

3. Ordinary Resolution: Increase in Authorised Share Capital and Consequent Alteration to the Capital Clause of Memorandum of Association

4. Ordinary Resolution: Issue of Bonus Equity Shares

5. Ordinary Resolution: To ratify the remuneration of the Cost Auditor for the Financial Year ending on March 31, 2027

6. Special Resolution: Approval for transaction with Related Parties

7. Special Resolution: Creation of Charges on the movable and immovable properties of the Company, both present and future, in respect of borrowings

8. Special Resolution: To increase borrowing limit under Section 180(1)(c) of Companies Act, 2013

9. Special Resolution: To grant loan provide security or guarantee to Directors and other person in whom Director of the company is interested

10. Special Resolution: To approve for increase the limits for making investments extending loans and giving guarantees or providing securities in connection with loans

Management Presentation

Mr. Fredun Medhora, Managing Director and CFO, apprised members on Performance and highlights of FY 2025-26. He thanked investors for their faith in the company and all stakeholders for their continued support.

Shareholder Engagement

Mr. Fredun Medhora responded to questions from registered speaker shareholders: Mr. Manjit Singh, Mr. Anil S. Gabaria, Mr. Anil Babubhai Mehta, Mr. Jehangir Batiwala, and Mrs. Sandeepa Batiwala.

Next Steps

The Scrutinizer's report on voting results will be submitted within two working days of the AGM conclusion. The results will be uploaded on the company website, NSDL website, and submitted to Stock Exchanges.