Mr. Sandeep Seth, Chairman and Managing Director (DIN: 00316075) of the company, chaired the meeting. The requisite quorum was present at the commencement. The meeting provided remote e-voting facilities for all resolutions set forth in the AGM notice, along with venue ballot voting for members who had not cast votes remotely.
Agenda Items Transacted
- Item 1: Adoption of Audited Financial Statements of the Company for the Financial Year 2025-2026
- Item 2: Appointment of M/s. V Kumar and Associates, Practicing Company Secretaries (COP No. 10438) as the Secretarial Auditor of the Company for a period of 5 years from financial year 2026-27 to 2030-31
Meeting Proceedings
M/s. V Kumar and Associates was appointed as Scrutinizer to oversee the remote e-voting and venue ballot voting process. The AGM commenced at 03:00 P.M. and concluded at 04:00 P.M., with an additional 15 minutes allocated for venue ballot voting after the meeting.
The Chairman provided responses to shareholder queries during a Q&A session on accounts and other matters placed before the AGM. The notice conveying the AGM and the auditors' report were taken as read with the consent of members present.
Next Steps
The voting results of the AGM along with the scrutinizer report will be shared separately as per Regulation 44(3) of SEBI (LODR), 2015 and will be uploaded on the company's website at https://laffanspetrochemical.com/financial-reports/.