Meeting Details

  • Date: Tuesday, September 29, 2026
  • Time: 03:00 PM to 04:00 PM IST
  • Location: Registered Office at MLL House, Shed No. A2-3/2, OPP. UPL 01st Phase, GIDC, Vapi, Valsad-396195, Gujarat, India
  • Type: 20th Annual General Meeting (AGM)

Proposed Resolutions and Implications

Four resolutions were considered and passed:

1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements (including audited consolidated Financial Statements) for financial year ended March 31, 2026

2. Ordinary Resolution: To appoint Mr. Vinay Premnarayan Maheshwari (DIN: 01680099) as director who retires by rotation

3. Ordinary Resolution: Approval of Material Related Party Transaction(s) (promoter group interested)

4. Special Resolution: To approve re-appointment of Mrs. Punam Pushpkumar Dhoot (DIN: 01071852) as Independent Director for second term of five consecutive years

Voting Process and Methods

  • Remote e-voting conducted through Bigshare Services Pvt. Ltd.
  • Voting period: September 25, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
  • Record date: September 22, 2026
  • Total shareholders on record date: 10,218
  • Physical attendance: 47 shareholders (9 Promoters/Promoter Group, 38 Public)
  • Video conferencing attendance: 0 shareholders
  • Scrutinizer: CS Shilpi Thapar of Shilpi Thapar & Associates (Membership No. 5492), appointed on August 27, 2026

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 21,416,255 (72.3591% of outstanding shares)
  • In favor: 21,416,205 votes (99.9998%)
  • Against: 50 votes (0.0002%)
  • Promoter participation: 16,009,007 votes (94.1208% of promoter shares)
  • Public non-institutions participation: 5,407,248 votes (42.9549% of public shares)

Resolution 2: Re-appointment of Director (Vinay Maheshwari)

  • Total votes cast: 13,446,826 (45.4328% of outstanding shares)
  • In favor: 13,446,776 votes (99.9996%)
  • Against: 50 votes (0.0004%)
  • Promoter participation: 8,039,578 votes (47.2666% of promoter shares)

Resolution 3: Material Related Party Transactions

  • Total votes cast: 14,791,212 (49.975% of outstanding shares)
  • In favor: 14,791,212 votes (100%)
  • Against: 0 votes (0%)
  • Promoter participation: 9,383,964 votes (55.1706% of promoter shares)

Resolution 4: Re-appointment of Independent Director (Punam Dhoot)

  • Total votes cast: 21,416,255 (72.3591% of outstanding shares)
  • In favor: 21,416,205 votes (99.9998%)
  • Against: 50 votes (0.0002%)

Scrutinizer's Role and Findings

  • CS Shilpi Thapar scrutinized the remote e-voting process
  • Votes were unblocked from Bigshare Services website on September 28, 2026 in presence of CS Bhas Deshpande and Adv. Khushi Lalka
  • Confirmed all four resolutions passed with requisite majority
  • Voting records remain in scrutinizer's custody until minutes are approved

Compliance Confirmation

  • Compliance with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Amendment Rules, 2015
  • Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Notice and Annual Report sent to members physically on request and electronically to others

Additional Information

  • Company CIN: L60232GJ2006PLC049224
  • NSE Symbol: MAHESHWARI
  • Scrutinizer's report dated September 30, 2026 (Form MGT-13)
  • No invalid votes recorded across any resolutions