Meeting Details
- Type of Meeting: 24th Annual General Meeting (AGM)
- Date: Tuesday, September 29, 2026
- Time: 04:00 P.M. to 04:17 P.M. (IST)
- Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM) without physical presence of members
- Record Date: September 22, 2026
Proposed Resolutions and Implications
Two resolutions were considered at the meeting:
1. Ordinary Business: Resolution 1(a) - To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon.
2. Ordinary Business: Resolution 1(b) - To consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of Auditors thereon.
3. Special Business: Resolution 2 - Deletion of Main Objects related to FMCG and Consequential Alteration of the Memorandum of Association.
Voting Process
- Voting was conducted through remote e-voting only
- Members who had already voted electronically through remote e-voting were not eligible to vote again at the AGM
- The e-voting process continued after the conclusion of the AGM for those who had not yet cast their votes
- Scrutinizer: M/s. NVB & Associates, Practising Company Secretary (Membership Number: 12268)
- Scrutinizer was appointed at the Board Meeting held on September 4, 2026
- Scrutinizer's Report was issued to the Company on October 1, 2026
Key Voting Outcomes
Attendance Details
- Total shareholders on record date: 361,056
- Members present through VC/OAVM: 58 (13 Promoter/Promoter Group/Director/KMP cum Member + 45 Public)
- No members attended in person or through proxy
- All Directors, Statutory Auditors, Secretarial Auditors, and Scrutinizer were present through VC/OAVM
Resolution 1(a) & 1(b) - Adoption of Financial Statements
| Category | Shares Outstanding | Votes Polled | % Polled | Votes For | Votes Against | % For | % Against |
| Promoter & Promoter Group | 20,03,63,547 | 13,34,05,823 | 66.5819% | 13,34,05,823 | 0 | 100% | 0% |
| Public Institutions | 1,22,70,437 | 51,65,436 | 42.0966% | 51,65,436 | 0 | 100% | 0% |
| Public Non-Institutions | 1,19,80,61,071 | 16,26,737 | 0.1358% | 16,09,877 | 16,860 | 98.9636% | 1.0364% |
| Total | 1,41,06,95,055 | 14,01,97,996 | 9.9382% | 14,01,81,136 | 16,860 | 99.9880% | 0.0120% |
Resolution 2 - Deletion of FMCG Objects
| Category | Shares Outstanding | Votes Polled | % Polled | Votes For | Votes Against | % For | % Against |
| Promoter & Promoter Group | 20,03,63,547 | 13,34,05,823 | 66.5819% | 13,34,05,823 | 0 | 100% | 0% |
| Public Institutions | 1,22,70,437 | 51,65,436 | 42.0966% | 51,65,436 | 0 | 100% | 0% |
| Public Non-Institutions | 1,19,80,61,071 | 16,26,530 | 0.1358% | 15,55,730 | 70,800 | 95.6472% | 4.3528% |
| Total | 1,41,06,95,055 | 14,01,97,789 | 9.9382% | 14,01,26,989 | 70,800 | 99.9495% | 0.0505% |
Compliance and Regulatory Aspects
- The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs regarding virtual meetings
- Quorum requirements were satisfied through video conference attendance
- Notice of the 24th AGM was sent electronically to members with registered email IDs
- Annual Report was physically sent to members without registered email IDs
- Voting results and Scrutinizer's Report will be made available on the Company's website (http://www.excel-infoways.com/)
- Results have been submitted to both stock exchanges (BSE Limited and NSE Limited)
Additional Information
- Company CIN: L41001MH2003PLC138568