Meeting Details

The Thirty Third (33rd) Annual General Meeting of Mahasagar Travels Limited was held on Saturday, September 19, 2026, at 11:00 AM IST at the registered office of the company situated at "Mahasagar House", Jayshree Talkies Road, Kalwa Chowk, Junagadh, Gujarat-362001.

The meeting commenced at 11:00 AM and concluded at 11:35 AM.

Directors Present

  • Mr. Rajiv N. Mehta (Chairman & Independent Director)
  • Mr. Bhagchand G. Sukhwani (Managing Director and CEO)
  • Mr. Prakash K. Kakkad (Executive Director & CFO)
  • Mr. Ravi S. Karia (Non-Executive Director)
  • Ms. Kavita A. Bachani (Non-executive Director)
  • Mr. Abhay J. Sukhwani (Non-executive Director)
  • Ms. Deepaben Dharmdasbhai Tejvani (Independent Director)
  • Mr. Jasubhai Nanjibhai Barevadia (Independent Director)

Quorum

Total 25 members were present in the meeting. The requisite quorum was present, and the Chairperson ordered to commence the meeting. The quorum was present throughout the meeting.

Chairperson

Mr. Rajiv N. Mehta chaired the Annual General Meeting.

Voting Arrangements

Pursuant to Section 108 of the Companies Act, 2013 and Regulation 44 of SEBI Listing Regulations, 2015, remote e-voting facility was available from Wednesday, September 16, 2026 (09:00 AM) to Friday, September 18, 2026 (05:00 PM) on all resolutions set out in the Notice of AGM. The facility was provided to members in proportion to their voting rights as on the cut-off date of September 7, 2026.

Voting by ballot paper was also available during the AGM for those members who had not voted by means of remote e-voting.

Mr. Pragnesh M. Joshi, Practicing Company Secretary, was appointed as Independent Scrutinizer for remote e-voting and ballot paper process to ensure fair and transparent conduct.

Business Conducted

Ordinary Business:

1. To receive, 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 the Auditors thereon.

2. To appoint a director in place of Ms. Kavita A. Bachani (DIN: 07310630) who retires by rotation and being eligible, offers herself for re-appointment.

Voting Process

Ballot papers (MGT-12) were distributed amongst the members present to cast their vote. Members present who had not voted through remote e-voting facility during the voting period were requested to vote through ballot paper.

Results Disclosure

The consolidated result of remote e-voting and ballot paper together with the report of scrutinizer will be placed on the company's website at www.mahasagartravels.com and communicated to BSE within two working days from the date of AGM.

Shareholder Interaction

The chairman invited members to ask queries and seek clarifications relating to accounts or any other item of business set out in the notice of Annual General Meeting. No questions were asked or clarifications sought by any of the members.

Conclusion

The meeting concluded at 11:35 AM with a vote of thanks to the chair.