Meeting Details
The 59th Annual General Meeting was held on Tuesday, 22nd September, 2026 at 12:30 P.M. through Video Conferencing (VC) and Other Audio Visual Means (OAVM) facility. The meeting concluded at 12:43 P.M. on the same day.
Attendance
Directors Present:
- Mr. Varun Gupta - Non-Executive Director & Chairman
- Mr. Siddharth Gogia - Executive Director
- Mr. Rahul Sharma - Independent Director
- Mr. Rahul Bhardwaj - Independent Director
- Ms. Priya Khandelwal - Independent Director
- Ms. Sidhi Maheshwari - Independent Director
- Mr. Deepak Gupta - Executive Director & CFO
In Attendance:
- Ms. Sonica Verma - Company Secretary and Compliance Officer
Invitees:
- Mr. Ansh Bhambri - Secretarial Auditor and Scrutinizer of the meeting
- Mr. Avnish Misra - M/s Ashwani & Associates (Statutory Auditor)
Members Present: 39 members attended the meeting
Directors Absent: Mr. Udit Garg and Mr. Vidit Garg expressed inability to attend due to pre-occupation
Proposed Resolutions
The following resolutions were put forth for shareholder approval:
1. Adoption of Financial Statement - Ordinary Resolution
2. Appointment of Director in place of those retire by rotation (Mr. Siddharth Gogia, DIN: 07202627) - Ordinary Resolution
3. Appointment of Director in place of those retire by rotation (Mr. Deepak Gupta, DIN: 06643918) - Ordinary Resolution
4. Appointment of Ms. Priya Khandelwal (DIN: 11790072) as Independent Director - Special Resolution
5. Approval of Material Related Party Transactions of Kundan Minerals and Metals Limited - Ordinary Resolution
6. Approval of Loans and Advances with Related Party under Section 185 read with Regulation 23 of SEBI LODR Regulations, 2015 - Special Resolution
7. Approval of Loans Taken from Related Party under Section 180(1)(c) read with Regulation 23 of SEBI LODR Regulations, 2015 - Special Resolution
8. Approval of Loan and Advances with Related Party by Kundan Concentrates Private Limited (wholly owned subsidiary) under Section 185 read with Regulation 23 of SEBI LODR Regulations, 2015 - Special Resolution
9. Approval of Loans Taken from Related Party by Kundan Concentrates Private Limited (wholly owned subsidiary) under Section 180(1)(c) read with Regulation 23 of SEBI LODR Regulations, 2015 - Special Resolution
Voting Process and Methods
The company tied up with National Securities Depository Limited (NSDL) to provide remote e-voting facility from 19th September, 2026 at 09:00 AM to 22nd September, 2026 at 05:00 PM. The cut-off date for determining members eligible to vote was 15th September, 2026. Members who had not cast their vote through remote e-voting could cast their vote through e-voting facility during the meeting, with the window kept open until 15 minutes after the conclusion of the AGM.
Scrutinizer Appointment
Mr. Ansh Bhambri, Practicing Company Secretaries, was appointed by the Board to scrutinize both the remote e-voting and e-voting during the Annual General Meeting.
Compliance Statement
The meeting was conducted in compliance with relevant circulars issued by the Ministry of Corporate Affairs and the Securities Exchange Board of India. All meeting documents were made available electronically for inspection by members during the meeting.
Additional Information
The result of the voting on resolutions was to be declared after receipt of the Scrutinizer's Report and would be forwarded to National Stock Exchange of India Limited and BSE Limited, and made available on the company's website.