Event Overview

Gandhar Oil Refinery (India) Limited held its 34th Annual General Meeting (AGM) on Friday, September 11, 2026, from 11:00 AM to 11:45 AM through Video Conferencing/Other Audio Visual Means in compliance with MCA and SEBI circulars.

Scrutinizer Appointment

The Company appointed CS Sandhya R. Malhotra, Partner of M/s. Manish Ghia & Associates, Company Secretaries, Mumbai (Membership No. 6715) as Scrutinizer through Board Meeting dated July 22, 2026.

Record Date and Shareholding

Record Date: September 4, 2026

Total Number of Shareholders: 129,739

Total Outstanding Shares: 97,879,530 equity shares

Meeting Attendance

  • Promoters and Promoter Group: 15 members attended via video conferencing
  • Public Shareholders: 20 members attended via video conferencing
  • No shareholders attended in person or through proxy

Voting Results Summary

All six resolutions proposed at the AGM were passed with requisite majority:

Resolution 1: Ordinary Resolution - Adoption of Audited Standalone Financial Statements for FY2025-26

  • Total Valid Votes Polled: 59,092,169 (60.3723% of outstanding shares)
  • Votes in Favor: 59,090,737 (99.9976% of votes polled)
  • Votes Against: 1,432 (0.0024% of votes polled)
  • 1 member holding 71,963 equity shares abstained from voting

Resolution 2: Ordinary Resolution - Adoption of Audited Consolidated Financial Statements for FY2025-26

  • Total Valid Votes Polled: 59,092,169 (60.3723% of outstanding shares)
  • Votes in Favor: 59,090,817 (99.9977% of votes polled)
  • Votes Against: 1,352 (0.0023% of votes polled)
  • 1 member holding 71,963 equity shares abstained from voting

Resolution 3: Ordinary Resolution - Re-appointment of Mr. Ramesh Babulal Parekh (DIN: 01108443) as Director

  • Total Valid Votes Polled: 59,164,132 (60.4459% of outstanding shares)
  • Votes in Favor: 58,906,681 (99.5649% of votes polled)
  • Votes Against: 257,451 (0.4351% of votes polled)

Resolution 4: Ordinary Resolution - Ratification of Cost Auditor Remuneration for FY2026-27

  • Total Valid Votes Polled: 59,164,132 (60.4459% of outstanding shares)
  • Votes in Favor: 59,162,680 (99.9975% of votes polled)
  • Votes Against: 1,452 (0.0025% of votes polled)

Resolution 5: Special Resolution - Appointment of Mr. Shyam Chandrabhan Agrawal (DIN: 00541214) as Independent Director

  • Term: July 22, 2026 to July 21, 2031 (5 years)
  • Total Valid Votes Polled: 59,164,132 (60.4459% of outstanding shares)
  • Votes in Favor: 59,162,780 (99.9977% of votes polled)
  • Votes Against: 1,352 (0.0023% of votes polled)

Resolution 6: Special Resolution - Alteration of Memorandum of Association Object Clause

  • Total Valid Votes Polled: 59,164,132 (60.4459% of outstanding shares)
  • Votes in Favor: 57,363,777 (96.9570% of votes polled)
  • Votes Against: 1,800,355 (3.0430% of votes polled)

Voting Methodology

  • Remote e-voting period: September 6, 2026 (9:00 AM) to September 10, 2026 (5:00 PM)
  • E-voting facility provided during AGM for members who hadn't voted remotely
  • Voting agency: MUFG Intime (India) Private Limited
  • Votes unblocked in presence of independent witnesses CS Kanchan Kaku and CS Harshit Patwa