Meeting Details

  • Date: Monday, 28th September, 2026
  • Time: 3:00 PM (IST)
  • Location: Conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM)
  • Meeting Type: 37th Annual General Meeting
  • Chairman: Mr. B. L. Mittal, Chairman of the Board of Directors
  • Attendance: 104 members attended the meeting

Proposed Resolutions and Implications

The following business items were transacted as per Notice dated 7th August, 2026:

Ordinary Business:

1. Ordinary Resolution: Consider and adopt the Audited Financial Statements (both Standalone and Consolidated) of the Company for the financial year ended 31st March, 2026 together with Report of the Board of Directors and Auditors thereon.

2. Ordinary Resolution: To appoint a Director in place of Mrs. Abha Mittal (DIN: 00519777), who retires by rotation and being eligible, offers herself for re-appointment.

Special Business:

3. Special Resolution: Re-appointment of Mrs. Anjana Dikshit (DIN: 10377490) as an Independent Director of the Company for the second term of 5 consecutive years from November 10, 2026 up to November 9, 2031.

4. Special Resolution: To approve the overall borrowing limit of the Company under Section 180(1)(c) of the Companies Act, 2013.

5. Special Resolution: To seek approval under Section 180(1)(a) of the Companies Act, 2013 inter-alia for creation of mortgage or charge on the assets, properties or undertaking(s) of the Company.

6. Special Resolution: To seek approval for authorising loans, guarantees, security and making investments in Securities pursuant to Section 186 of the Companies Act, 2013.

7. Special Resolution: To approve for advance any loan/ give guarantee/ provide security under Section 185 of the Companies Act, 2013.

Composite Scheme of Arrangement and Amalgamation

The Board of Directors at its meeting held on June 10, 2026, based on recommendations of the Committee of Independent Directors and the Audit Committee, approved the Composite Scheme of Arrangement and Amalgamation amongst:

  • Health X Platform Limited ("Health X" or "Demerged Company" or "Transferee Company" or "Company")
  • Microsec Resources Private Limited ("MRPL" or "Resulting Company" or "Amalgamated Company")
  • Innogrow Technologies Limited ("ITL" or "Amalgamating Company")
  • Sastasundar Healthbuddy Limited ("SHBL" or "Transferor Company")

This Scheme is subject to necessary approvals from BSE Limited, National Stock Exchange of India, Securities Exchange Board of India (SEBI), jurisdictional National Company Law Tribunal (NCLT), Reserve Bank of India (RBI), and the shareholders and creditors of the companies involved.

Voting Process and Methods

  • Voting Method: Remote e-voting and voting at AGM through Instavote provided by RTA
  • E-voting Period: Friday, 25th September, 2026 at 9:00 AM to Sunday, 27th September, 2026 at 5:00 PM
  • Compliance: Conducted in accordance with Section 108 of Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI (LODR) Regulations, 2015
  • AGM Voting: E-voting facility remained open for 15 minutes after meeting conclusion

Key Business Updates Presented

  • The company has built transformative digital assets including SastaSundar App, RetailerShakti App, JitoHealth.com, and SastaSundar Health & Happiness Podcast
  • Strategic transition of RetailerShakti B2B and SastaSundar B2C businesses
  • JitoHealth.com promotes generic medicines with AI-driven "Jito Recommendations"

Scrutinizer Details

  • Name: Mr. Raj Kumar Banthia, Company Secretary in whole-time practice
  • Firm: Partner of M/s MKB & Associates, Company Secretaries
  • Role: Scrutinizer for remote e-voting and voting facility

Compliance and Regulatory Aspects

  • The meeting was conducted in compliance with circulars issued by Ministry of Corporate Affairs and SEBI
  • Auditors' Reports (Standalone, Consolidated, and Secretarial) contained no qualifications, reservations, observations, or adverse remarks
  • Voting results will be sent to stock exchanges and made available on company website and RTA website within two working days from AGM conclusion

Additional Information

  • RTA: MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited)
  • Meeting concluded at: 4:09 PM (IST)
  • All Directors and key managerial personnel were present at the meeting