Meeting Details
- Date: Thursday, September 24, 2026
- Time: 04:00 p.m. IST to 04:48 p.m. IST
- Location: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
- Type: Annual General Meeting
Proposed Resolutions and Implications
The AGM considered 11 resolutions covering ordinary and special business:
Ordinary Business
1. To receive, consider and adopt (a) the audited standalone financial statement for FY ended March 31, 2026 and reports of Board of Directors and Auditors; and (b) the audited consolidated financial statement for FY ended March 31, 2026 and report of Auditors
2. To appoint Mr. Ajay Pancholi (DIN: 05168823), who retires by rotation and offers himself for re-appointment
Special Business
3. To consider and approve appointment of Secretarial Auditor for a term of five consecutive years
4. To consider and approve authorization to make investment(s)/extend loan(s) and give guarantee(s) or provide securities under Section 186 of Companies Act, 2013
5. To consider and approve increasing borrowing limits under Section 180(1)(c) of Companies Act, 2013
6. To consider and approve creation of charges, mortgage, hypothecation on company assets under section 180(1)(a) of Companies Act, 2013
7. To consider and approve material related party transactions with Electronics Bazaar FZC
8. To consider and approve material related party transactions with Mr. Sharad Khandelwal
9. To consider and approve material related party transactions with Mrs. Vidhi S Khandelwal
10. To consider and approve material related party transactions between Electronics Bazaar FZC (Subsidiary) and Bright World Technologies Inc (Step-Down Subsidiary)
11. To consider and approve material related party transactions between Electronics Bazaar FZC (Subsidiary) and Kay Kay Overseas Corporation (Step-Down Subsidiary)
Voting Process and Methods
- Remote e-voting period: September 20, 2026 at 9:00 a.m. to September 23, 2026 at 5:00 p.m.
- Voting service provider: Bigshare Services
- In-meeting voting: E-voting facility available during AGM for members who hadn't voted remotely
- Post-meeting voting: E-voting remained open for 15 minutes after AGM conclusion
- Voting methods: Remote e-voting and e-voting during AGM
- No physical polling: Conducted entirely through electronic means
Key Voting Outcomes
- Total members attended: 59 members through virtual platform
- Quorum: Present throughout meeting as required under Companies Act, 2013
- Results timing: To be declared within two working days from AGM conclusion and submitted to stock exchanges
- Specific vote counts: Not provided in this document (to be announced separately)
Scrutinizer's Role
Bigshare Services provided the e-voting platform and services. The document does not specify a separate scrutinizer appointment beyond the e-voting service provider.
Compliance with Laws and Regulations
The meeting was conducted in compliance with:
- Companies Act, 2013
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Circulars issued by Ministry of Corporate Affairs (MCA)
- Circulars issued by Securities and Exchange Board of India (SEBI)
All requisite registers and documents mentioned in the AGM Notice were made available electronically for member inspection during the AGM.
Signatories and Roles
- Sarita Vishwakarma: Company Secretary & Compliance Officer (Membership No. A59547)
- Rinku Arora: Chairperson of the meeting
- Other attendees: All directors, Mr. Raakesh Jhunjhunwala (CFO), representatives of Statutory Auditors and Secretarial Auditors
Additional Information
- The Managing Director provided an overview of company performance for FY 2025-26
- Question & Answer session was conducted where registered speakers asked questions and management provided responses
- The meeting concluded with a vote of thanks by the Chairperson
- This document constitutes summary of proceedings, not the formal minutes of the AGM