Madhusudan Industries Limited held its 80th Annual General Meeting (AGM) on Wednesday, 9th September 2026 through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with Ministry of Corporate Affairs and SEBI circulars.
The meeting commenced at 11:30 a.m. with Mr. Prem Chand Surana elected as Chairman of the meeting in the absence of a permanent Chairman. The Company Secretary confirmed requisite quorum was present during live streaming and introduced Directors, Key Managerial Personnel, Auditors, and the Scrutinizer who joined through VC.
Voting Arrangements
Remote e-voting facility was available for three days from 9:00 a.m. on 6th September 2026 to 5:00 p.m. on 8th September 2026. Members attending the meeting through VC/OAVM who had not voted remotely were entitled to vote during the meeting. Parikh Dave & Associates, Company Secretaries, was appointed as Scrutinizer to issue a consolidated scrutinizer report within two working days of the AGM conclusion.
Business Conducted
Ordinary Business:
- Resolution 1: To receive, consider and adopt the Audited Financial Statements for the financial year ended 31st March 2026, along with Directors and Auditors Reports (Ordinary Resolution)
- Resolution 2: To appoint a director in place of Mr. Premchand Surana (DIN: 06508125), who retires by rotation and offered himself for reappointment (Ordinary Resolution)
Special Business:
- Resolution 3: Re-appointment of Mr. Daarrpan Shah (DIN: 09449828) as an Independent Director for a second term of five years (Special Resolution)