Karma Energy Limited

Meeting Details

The 19th Annual General Meeting of Karma Energy Limited was held through Video Conferencing / Other Audio Visual Means on Thursday, July 23, 2026 at 2:00 PM. The meeting was conducted in accordance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India permitting virtual AGMs.

Attendance and Participation

The meeting was presided over by Shri Dharmendra Siraj, Chairman of the board of directors. Directors attended through video conferencing, along with representatives of Statutory Auditors and Secretarial Auditors/Scrutinizer. The Company availed the facility of video conferencing through National Securities Depository Limited (NSDL).

Voting Process

The Company provided remote e-voting facility to members for all items of business mentioned in the Notice of AGM dated May 28, 2026. E-voting during the AGM was provided by NSDL. The meeting opened 60 minutes prior to schedule and remained open for 15 minutes thereafter for e-voting purposes. CS Martinho Ferrao, Company Secretary in Practice, was appointed as scrutinizer to scrutinize the e-voting process.

Shareholder Participation

Two shareholders who had registered as speakers informed the meeting of their support for all resolutions proposed at the AGM. No shareholders raised any queries during the meeting.

Business Transacted

The following items of business were transacted at the meeting:

1. Adoption of Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 and the report of the Board of Directors and Statutory Auditors thereon.

2. Re-appointment of Shri Neelkamal Vrajlal Siraj as Director who retires by rotation.

3. Re-appointment and revision in Remuneration of Shri Chetan Durgadas Mehra as Managing Director of the Company.

Meeting Conclusion

The Chairman thanked members for their continued support and trust in the company. The AGM concluded at 2:19 PM. Shri Chetan D. Mehra proposed a vote of thanks to the chair.

Financial Impact

Financial impact not quantified in the disclosure regarding the revision in remuneration of the Managing Director.