KAY POWER AND PAPER LTD.

Meeting Details

The 35th AGM was held on September 21, 2026, at 3:00 PM at the company's registered office in Satara, Maharashtra. There were 7,818 shareholders present either in person or through proxy. Video conferencing attendance was noted as "NOT APPLICABLE."

Scrutinizer Appointment

Mrs. Neha Doshi, Practising Company Secretary and Proprietor of M/s Neha Doshi & Co. Company Secretaries, Satara, was appointed as scrutinizer for both the e-voting process (conducted from September 18, 2026, 09:00 AM to September 20, 2026, 05:00 PM) and the poll conducted during the AGM.

Voting Results Breakdown

Total Outstanding Shares: 3,49,40,000

Total Votes Polled: 1,78,99,957 shares (51.2306% of outstanding shares)

Resolution 1: Adoption of Standalone Audited Financial Statements for FY26
  • Resolution Type: Ordinary Resolution
  • Total Votes Polled: 1,78,19,746 shares (100.0000% of votes cast)
  • Votes in Favour: 1,78,19,746 shares (100.0000%)
  • Votes Against: 0 shares (0.0000%)
  • Promoter group voted 1,78,09,746 shares via e-voting (99.9439% of their holding) and 10,000 shares via poll, all in favour.
Resolution 2: Adoption of Consolidated Audited Financial Statements for FY26
  • Resolution Type: Ordinary Resolution
  • Total Votes Polled: 1,78,19,746 shares (100.0000% of votes cast)
  • Votes in Favour: 1,78,19,746 shares (100.0000%)
  • Votes Against: 0 shares (0.0000%)
  • Identical voting pattern to Resolution 1.
Resolution 3: Appointment of M/s. Ankush Shinde & Company as Statutory Auditors
  • Resolution Type: Ordinary Resolution
  • Term: Five consecutive years
  • Remuneration: To be fixed by Board of Directors and/or Audit Committee
  • Total Votes Polled: 1,78,19,746 shares (100.0000% of votes cast)
  • Votes in Favour: 1,78,19,746 shares (100.0000%)
  • Votes Against: 0 shares (0.0000%)
Resolution 4: Appointment of Mrs. Deepa Agarwal as Managing Director
  • Resolution Type: Special Resolution
  • Total Votes Polled: 1,78,19,746 shares (100.0000% of votes cast)
  • Votes in Favour: 1,78,19,746 shares (100.0000%)
  • Votes Against: 0 shares (0.0000%)
Resolution 5: Appointment of Ms. Aarushi Chandra (DIN: 07274662) as Director (Non-Executive Non-Independent)
  • Resolution Type: Ordinary Resolution
  • Total Votes Polled: 1,78,19,746 shares (100.0000% of votes cast)
  • Votes in Favour: 1,78,19,746 shares (100.0000%)
  • Votes Against: 0 shares (0.0000%)
Resolution 6: Approval for Transfer of Company's Immovable Property/Land under Section 180(1)(a)
  • Resolution Type: Special Resolution
  • Total Votes Polled: 1,78,19,746 shares (100.0000% of votes cast)
  • Votes in Favour: 1,78,19,746 shares (100.0000%)
  • Votes Against: 0 shares (0.0000%)
Resolution 7: Approval for Material Related Party Transactions Pertaining to Subsidiary
  • Resolution Type: Ordinary Resolution
  • Total Votes Polled: 80,211 shares (0.2296% of outstanding shares)
  • Votes in Favour: 80,176 shares (99.9564% of votes polled)
  • Votes Against: 35 shares (0.0436% of votes polled)
  • Notably lower participation compared to other resolutions.

Promoter and Public Shareholding Pattern

  • Promoter & Promoter Group Holdings: 1,78,19,746 shares
  • Public Institutional Holdings: 0 shares
  • Public Other Holdings: 1,71,20,254 shares

Conclusion

All seven resolutions were passed with the requisite majority as confirmed by the scrutinizer's report dated September 22, 2026.