Meeting Details

The 40th Annual General Meeting of KBS India Limited was held on Friday, 18th September, 2026 through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting commenced at 04:30 PM IST and concluded at 04:46 PM IST, lasting 16 minutes.

Voting Process Details

  • Remote e-voting period: Tuesday, 15th September, 2026 (9:00 AM) to Thursday, 17th September, 2026 (5:00 PM)
  • Cut-off date for shareholder eligibility: Friday, 11th September, 2026
  • Total number of shareholders on record date: 15,334
  • Meeting attendance: 3 Promoter/Promoter group members and 44 Public shareholders attended via video conferencing
  • E-voting agency: Central Depository Services (India) Limited (CDSL)
  • Votes were unblocked on Saturday, 19th September, 2026 at approximately 05:55 PM in presence of two witnesses not employed by the Company

Resolution Voting Results

Item No. 1 - Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements for the financial year ended 31st March, 2026 together with the Reports of the Board of Directors' and Auditors' thereon.

  • Resolution: Passed

Item No. 2 - Ordinary Resolution: To appoint a director in place of Mr. Tushar Suresh Shah (DIN: 01729641) who retires by rotation and being eligible, offers himself for re-appointment as Director.

  • Resolution: Passed

Item No. 3 - Special Resolution: Create, offer, issue and allot 6% Non-Convertible Redeemable Preference Shares on Preferential Basis.

  • Total shares outstanding: 108,211,880
  • Promoter & Promoter Group shares: 31,131,280
  • Public Institutions shares: 6,150,344
  • Public Non-Institutions shares: 70,930,256
  • Total votes polled: 37,907,646 (35.0309% of outstanding shares)
  • Votes in favor: 37,905,699 (99.9949% of votes polled)
  • Votes against: 1,947 (0.0051% of votes polled)
  • Resolution: Passed

Item No. 4 - Ordinary Resolution: To approve the limit for related party transaction.

  • Resolution: Passed

Invalid Votes Details

  • Promoter and Promoter Group: 31,120,280 invalid votes
  • Public Non-Institutions: 10 invalid votes

Scrutinizer Appointment and Responsibilities

Ms. Dipali Natvar Vora, Practicing Company Secretary, was appointed as Scrutinizer by the Board of Directors of KBS India Limited. Her responsibilities were restricted to providing a consolidated report on votes cast by members for the resolutions contained in the Notice dated 27th August, 2026 through Remote E-Voting and E-voting facility provided during the AGM.

Conclusion

All four resolutions proposed at the 40th AGM were passed with requisite majority. The remote e-voting register and other records remain in the Scrutinizer's safe custody until the Chairman considers, approves and signs the minutes, after which they will be handed over to the Company Secretary for safe keeping.