Meeting Details
- Date: Friday, September 11, 2026
- Time: 11:00 AM to 11:45 AM IST (including 15 minutes for e-voting)
- Location: Conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
- Type: Annual General Meeting
Resolutions Considered
Six resolutions were taken up for consideration during the meeting:
Ordinary Business:
1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors (Ordinary Resolution)
2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of Auditors (Ordinary Resolution)
3. Re-appointment of Mr. Ramesh Babulal Parekh (DIN: 01108443) who retires by rotation pursuant to Section 152(6) of Companies Act, 2013 (Ordinary Resolution)
Special Business:
4. Ratification of remuneration payable to Cost Auditor appointed by board for FY 2026-2027 (Ordinary Resolution)
5. Appointment of Mr. Shyam Chandrabhan Agrawal (DIN: 00541214) as Independent Director for first term of five years from July 22, 2026 to July 21, 2031 (Special Resolution)
6. Alteration of other ancillary object clause of Memorandum of Association of the Company (Special Resolution)
Voting Process
- Remote e-voting facility was provided through MUFG Intime India Pvt Ltd
- Members who had not voted through remote e-voting could cast votes during the meeting
- E-voting remained open for 15 minutes after conclusion of the meeting
- Scrutinizer: CS Sandhya R. Malhotra, Partner at M/s. Manish Ghia & Associates, appointed to scrutinize voting through electronic means
Attendance and Participation
- Chairman: Mr. Ramesh Parekh, Chairman & Managing Director
- Attendees: All Directors including committee chairs, Statutory Auditors (M/s. K J K & Associates), Secretarial Auditors (Mr. Vishal N Manseta), and Scrutinizer
- Absent: Mr. Santokhsingh Karamsingh Sandhu, Non-Executive and Independent Director (due to unforeseen exigency)
- Members Present: 35 members attended through Video Conferencing
- Quorum: Confirmed present as per Section 103 of Companies Act, 2013 and MCA circulars
Compliance and Regulatory References
- Conducted in accordance with Companies Act, 2013 and Rules framed thereunder
- Compliant with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Followed circulars issued by Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI)
- Registers required under Sections 170 and 189 of Companies Act, 2013 were available for inspection via weblink on MUFG Intime website
Results Publication
Voting results along with consolidated Scrutinizer's Report will be made available:
- On stock exchange websites (BSE: www.bseindia.com, NSE: www.nseindia.com)
- Company website: https://gandharoil.com/investor-relations/agm-egm-postal-ballot/
- MUFG Intime India Pvt Ltd website: https://in.mpms.mufg.com/
- Within 2 working days of meeting conclusion
Additional Proceedings
- Company Secretary welcomed shareholders and introduced attendees
- Chairman Ramesh Parekh presented business highlights for FY 2025-26 and future growth plans
- Joint Managing Director Aslesh Parekh briefed members about financials and future prospects
- Members' queries were addressed by Mr. Indrajit Bhattacharyya, Chief Financial Officer
- Notice dated July 22, 2026 and Annual Report for FY ended March 31, 2026 were circulated electronically and taken as read