Kinetic Trust Limited held its 34th Annual General Meeting (AGM) on Friday, August 07, 2026 at 01:00 P.M. at Flat No 4, 1st Floor, Khurana Complex, Kochar Market Chowk, Ludhiana, Punjab - 141002.
The company provided e-voting facility to members pursuant to Section 108 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI (LODR) Regulations, 2015.
CS Chetan Gaur of M/s C Gaur & Associates was appointed as the Scrutinizer to scrutinize the e-voting process. The notice convening the AGM was dispatched on July 13, 2026:
- By electronic means to 465 shareholders
- By ordinary post to 721 shareholders
The cut-off date for determining voting rights was July 31, 2026. The remote e-voting platform was open from 09:00 A.M. on Tuesday, August 04, 2026 upto 05:00 P.M. on Thursday, August 06, 2026 through NSDL's e-voting system.
Voting Participation
- Total shareholders on cut-off date: 1,184
- Members present in the meeting: 18 (4 Promoters/Promoter Group, 14 Public)
- Members who cast vote through remote E-Voting: 15
- Members present but did not participate: 8
Voting Results
All five resolutions were approved with requisite majority:
Resolution 1: Adoption of Audited Financial statements (Ordinary Resolution)
- Total votes polled: 18,05,096 shares (53.7231% of outstanding shares)
- Votes in favor: 18,05,045 shares (99.9972%)
- Votes against: 51 shares (0.0028%)
Resolution 2: Reappointment of Director (Ordinary Resolution)
- Total votes polled: 18,05,096 shares (53.7231% of outstanding shares)
- Votes in favor: 18,05,045 shares (99.9972%)
- Votes against: 51 shares (0.0028%)
Resolution 3: Regularization of Additional Director Mr. Sumit Kumar Jha (DIN: 10547500) as Non-Executive & Independent Director (Special Resolution)
- Total votes polled: 18,05,096 shares (53.7231% of outstanding shares)
- Votes in favor: 18,05,045 shares (99.9972%)
- Votes against: 51 shares (0.0028%)
Resolution 4: Increase in authorized share capital and consequential amendment in Memorandum of Association (Ordinary Resolution)
- Total votes polled: 18,05,096 shares (53.7231% of outstanding shares)
- Votes in favor: 18,05,045 shares (99.9972%)
- Votes against: 51 shares (0.0028%)
Resolution 5: Issuance of upto 60,00,000 Warrants convertible into Equity Shares to non-promoter category on preferential basis (Special Resolution)
- Total votes polled: 18,05,096 shares (53.7231% of outstanding shares)
- Votes in favor: 18,05,045 shares (99.9972%)
- Votes against: 51 shares (0.0028%)
Shareholding Structure
- Promoter and Promoter Group shares: 24,00,000
- Public Non-Institutions shares: 9,60,000
- Total outstanding shares: 33,60,000
Invalid Votes
Promoter and Promoter Group category had 52,925 invalid votes.
The scrutinizer's report confirms that all resolutions were duly approved by shareholders with requisite majority. The relevant records relating to electronic voting shall remain in the scrutinizer's safe custody until the Chairman approves and signs the minutes of AGM.