Event Overview

Futura Polyesters Limited held its 62nd Annual General Meeting (AGM) on Friday, 29th May, 2026 at 12:45 p.m. IST through two-way Video Conferencing in compliance with MCA and SEBI circulars. The meeting was conducted to transact business as stated in the AGM Notice dated 6th April, 2026.

Meeting Proceedings

The AGM was chaired by Mr. Shyam Ghia, Chairman of the Board. The requisite quorum was present, and the meeting was called to order. Directors, the Chief Financial Officer, representatives of Statutory Auditors, Secretarial Auditor, and Scrutinizer were present through VC.

The Notice was taken as read with permission of members. Members were informed about qualifications or adverse remarks in the Reports of Statutory Auditors and Secretarial Auditor, which had been replied to in the Directors' report. Registers required under the Companies Act, 2013 and other relevant documents were available for inspection in electronic mode.

One shareholder, Ms. Lekha Shah, raised queries which were responded to by the Chairman. The meeting concluded at 12:54 hours IST. The e-voting facility remained open for 15 minutes post-conclusion for members who hadn't yet cast their votes.

Voting Results

All three resolutions were passed unanimously by members through e-voting facility:

Resolution 1 (Ordinary Resolution): To receive, consider and approve and adopt the audited financial statement for the year ended 31st March, 2023 and the Reports together with the Reports of the Directors and Auditors' thereon.

  • Votes in favor: 23,391,649 (100%)
  • Votes against: 0
  • Invalid votes: 0
  • Abstained: 0

Resolution 2 (Special Resolution): Re-Appointment of Mr. Shyam B. Ghia (DIN:00005264) as Managing Director of the Company

  • Votes in favor: 23,391,649 (100%)
  • Votes against: 0
  • Invalid votes: 0
  • Abstained: 0

Resolution 3 (Special Resolution): Re-appointment of Mr. Mukund Dharamdas Dalal (DIN:00005275) as Joint Managing Director of the Company

  • Votes in favor: 23,391,649 (100%)
  • Votes against: 0
  • Invalid votes: 0
  • Abstained: 0

Voting Process Details

  • Cut-off date for voting eligibility: Friday, 22 May, 2026
  • Remote e-voting period: Tuesday, 26th May 2026, 09:00 A.M. to Thursday, 28th May 2026 at 05:00 P.M. (IST)
  • E-voting service provider: Central Depository Services (India) Limited (CDSL)
  • 33 members attended the AGM through VC
  • No shareholders voted through e-voting during the AGM (all votes were cast through remote e-voting)
  • 21 members participated in remote e-voting
  • Public advertisement for AGM was published on 9th May, 2026 in Free Press Journal (English) and Navshakti (Marathi)

Documents Submitted

  • Summary of proceedings (Annexure A) in compliance with Regulation 30 of SEBI LODR
  • Consolidated Report of Scrutinizer dated 29th May, 2026 (Annexure B) pursuant to Section 108 of Companies Act, 2013

The Scrutinizer's Report is available on the company's website at www.futurapolyesters.in.