Meeting Details
The 59th Annual General Meeting of Grameva Limited was held on Wednesday, August 5, 2026, through Video Conferencing / Other Audio Visual Means. The meeting commenced at 11:00 A.M. and concluded at 12:07 P.M.
Attendance and Leadership
Mr. Deepak Kandoi, Managing Director of the Company, presided as Chairman. The Company Secretary confirmed requisite quorum was present. Directors, Chief Financial Officer, representatives of Statutory Auditors, Secretarial Auditor, and Scrutinizer attended through VC/OAVM from their respective locations.
Documents Considered
The Notice convening the 59th AGM together with the Annual Report for the Financial Year ended March 31, 2026 had been circulated electronically to all Members within prescribed statutory timelines. The Statutory Auditors' Report and Secretarial Audit Report contained no qualifications, reservations, adverse remarks, or disclaimers.
Presentations and Addresses
The Chairman, Mr. Deepak Kandoi, highlighted the Company's performance during FY2026, the successful transition from Bangalore Fort Farms Limited to Grameva Limited, strategic initiatives for business diversification, future growth plans, and commitment to corporate governance and transparency.
The Chief Financial Officer, Mr. Bidhan Chandra Roy, presented an overview of financial performance for FY2026, covering financial results, operational performance, capital allocation, financial discipline, and future financial outlook.
Business Items Considered
Ordinary Business
1. Adoption of Audited Financial Statements for FY2026 together with Reports of Board of Directors and Statutory Auditors
2. Re-appointment of Mr. Mahendra Singh (DIN: 07692374), Director who retires by rotation
Special Business
3. Appointment of M/s. SDP & Associates, Chartered Accountants, as Statutory Auditors to fill casual vacancy caused by resignation of previous Statutory Auditors
4. Appointment of M/s. SDP & Associates, Chartered Accountants, as Statutory Auditors for five consecutive years
5. Approval of borrowing limits under Section 180(1)(c) of Companies Act, 2013
6. Approval under Section 180(1)(a) for creation of mortgage, charge or security on company assets
7. Approval for increase in limits for loans, guarantees, securities and investments under Section 186
8. Approval for advancing loans, providing guarantees or securities under Section 185
9. Approval of Related Party Transactions
Voting Process
The Company provided remote e-voting facility to Members pursuant to Section 108 of Companies Act, 2013 and Regulation 44 of SEBI LODR Regulations, 2015. Members could also cast votes electronically during the AGM.
Scrutinizer Appointment
Ms. Sneha Agarwal, Practising Company Secretary, was appointed as Scrutinizer to scrutinize the remote e-voting process and e-voting during the AGM. Voting results along with Scrutinizer's Report will be declared within prescribed timelines and uploaded on company website, forwarded to BSE and Calcutta Stock Exchange, and made available on NSDL website.
Member Interaction
The Chairman invited registered Speaker Shareholders to express views, seek clarifications, and raise queries on business items. The Chairman responded to queries and thanked Members for their suggestions and continued support.