Meeting Overview

The 49th Annual General Meeting (AGM) of Gujarat Petrosynthese Limited was held on Wednesday, September 23, 2026, through Video Conferencing/Other Audio-Visual Means without physical presence of shareholders. The meeting commenced at 11:00 AM IST and concluded at 11:25 AM IST. The deemed venue was the registered office in Bengaluru. E-voting remained open for 15 minutes after the meeting concluded, ending at 11:40 AM IST.

Attendance Details

Directors Present:

  • Ms. Urmi N. Prasad, Joint Managing Director and CFO (DIN: 00319482)
  • Ms. Charita Thakkar, Joint Managing Director (DIN: 00321561)
  • Mr. Phiroz Munshi, Independent Director
  • Mr. Rajesh Parikh, Independent Director
  • Mr. Nuthakki Rajender Prasad, Non-Executive Non-Independent Director (DIN: 00145659)

Other Attendees:

  • Mr. Sagar Pahariya, Company Secretary
  • Mr. Khushit Jain, Representative of Dayal & Lohia (Statutory Auditors)
  • Mr. J. J. Gandhi, Representative of J. J. Gandhi & Co. (Secretarial Auditors and Scrutinizer)
  • Ms. Disha Nagda, Moderator

Shareholder Participation:

Total members as of record date (September 19, 2026): 19,259

Members present via video conference: 38 (4 Promoter/Promoter Group, 34 Public)

Corporate shareholders holding 14,58,305 shares (24.43% of paid-up equity share capital) provided authorizations.

Meeting Proceedings

Mr. Phiroz Munshi chaired the meeting and confirmed quorum was present. The Report of Board of Directors, Accounts for financial year ended March 31, 2026, and AGM notice were taken as read since already circulated. The Company Secretary confirmed no qualifications, observations, or adverse comments in the Audit Report.

Remote e-voting was available from September 20, 2026 (9:00 AM IST) to September 22, 2026 (5:00 PM IST). Mr. J. J. Gandhi was appointed as Scrutinizer for both remote e-voting and e-voting during the AGM.

Resolutions Considered

The following four resolutions from the AGM notice dated September 23, 2026 were considered:

1. Ordinary Resolution: Adoption of Audited Financial Statements for FY ended March 31, 2026, along with Reports of Board of Directors and Auditors

2. Ordinary Resolution: Appointment of Mr. Nuthakki Rajender Prasad (DIN: 00145659) as Non-Executive Non-Independent Director (retires by rotation and offered himself for re-appointment)

3. Special Resolution: Re-appointment of Mrs. Urmi N. Prasad (DIN: 00319482) as Joint Managing Director

4. Special Resolution: Re-appointment of Ms. Charita Thakkar (DIN: 00321561) as Joint Managing Director

The practice of proposing and seconding resolutions was not followed as voting was conducted exclusively through e-voting.

Compliance Information

The meeting was conducted in compliance with:

  • Ministry of Corporate Affairs General Circulars
  • Securities and Exchange Board of India circulars
  • Companies Act, 2013 and Rules thereunder
  • SEBI Listing Regulations, specifically Regulation 30

All required registers, documents, and records were kept open for electronic inspection by members.