Kay Power and Paper 35th AGM Held September 2026

Meeting Details

The 35th Annual General Meeting of Kay Power and Paper Limited was held on Monday, September 21, 2026, at 3:00 PM (IST) at the company's registered office at Gat No. 454/457, Village Borgaon, Taluka/District Satara - 415 519.

Mrs. Deepa Agarwal, Chairman of the meeting, welcomed members and introduced other directors and the Independent Director. The meeting had the requisite quorum present.

Voting Arrangements

Remote e-voting facility was provided to members for all resolutions set forth in the notice. The remote e-voting period commenced at 9:00 AM on September 18, 2026, and ended at 5:00 PM on September 20, 2026. Facility for voting through ballot paper at the AGM was also made available for members who did not cast their votes through the remote e-voting facility.

M/s. Neha Doshi & Co., Practicing Company Secretaries, were appointed as the Scrutinizer to scrutinize both the remote e-voting and voting through ballot paper at the AGM.

Resolutions Discussed and Voted Upon

The following resolutions were discussed thoroughly in the meeting:

Ordinary Business:

1. Ordinary Resolution: To consider and adopt the Standalone Audited Financial Statements for the year ended March 31, 2026, including the Reports of the Directors and Auditors thereon.

2. Ordinary Resolution: To consider and adopt the Consolidated Audited Financial Statements for the year ended March 31, 2026, including the Report of the Auditors thereon.

3. Ordinary Resolution: To appoint M/s. Ankush Shinde & Company, Accountants, Satara, as the Statutory Auditors of the Company for a term of five consecutive years and to authorize the Board of Directors and/or the Audit Committee to fix their remuneration.

Special Business:

4. Special Resolution: Appointment of Mrs. Deepa Agarwal as Managing Director of the Company.

5. Ordinary Resolution: Appointment of Ms. Aarushi Chandra (DIN: 07274662) as a Director (Non-Executive Non-Independent) of the Company.

6. Special Resolution: Approval under Section 180(1)(a) of the Companies Act, 2013, for transfer of the Company's immovable property/ies (land) to a wholly owned subsidiary.

7. Ordinary Resolution: Approval for Material Related Party Transactions pertaining to a Subsidiary of the Company.

Meeting Duration

The meeting commenced at 3:00 PM (IST) and concluded at 4:30 PM (IST).