Meeting Details
The 18th Annual General Meeting of Machhar Industries Limited was held on Tuesday, 22nd September, 2026, commencing at 02:30 P.M. and concluding at 04:15 P.M. (duration: 1 hour 45 minutes). The meeting was conducted through physical mode at the venue specified in the Notice of AGM.
Attendance
A total of 53 shareholders were present in person or through proxy, comprising 17 from Promoters and Promoter Group and 36 from Public category. No shareholders attended through Video Conferencing (marked as Not Applicable).
Leadership Present
Mr. Sandeep Machhar, Chairman of the Company, chaired the meeting. The Managing Director, Whole-Time Director, Non-Executive Director, Independent Directors, Statutory Auditors, Scrutinizer and Key Managerial Personnel of the Company were present.
Voting Arrangements
Remote e-voting facility was available from Saturday, 19th September, 2026 at 09:00 A.M. until Monday, 21st September, 2026 at 05:00 P.M. Additional voting facility was provided during the AGM for members who were physically present but had not cast their votes previously.
Resolutions Passed
The following four resolutions were transacted at the meeting:
1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereon.
2. Ordinary Resolution: To ratify the re-appointment of M/s. Ashok Majethia & Co., Chartered Accountants, as Statutory Auditors of the Company and to fix their remuneration.
3. Ordinary Resolution: To re-appoint Mr. Vyankat Waman Katkar as Whole-Time Director of the Company.
4. Special Resolution: To approve the related party transaction(s) with M/s. Khandelwal Jain & Co., Chartered Accountants, Chhatrapati Sambhajinagar, as set out in the Notice of the 18th AGM.
Scrutinizer Appointment
Mr. Ganesh Palve, Practicing Company Secretary (CP No. 23264), was appointed as Scrutinizer to scrutinize the remote e-voting and voting conducted during the AGM in a fair and transparent manner.
Voting Results Timeline
The consolidated report of the Scrutinizer containing the voting results will be submitted to BSE Limited separately within the prescribed timeline under Regulation 44(3) of the Listing Regulations and will also be uploaded on the company's website.