Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Manaksia Limited

Meeting Details

The 42nd Annual General Meeting was held on Wednesday, September 23, 2026, at 12:30 P.M. (IST) through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting ended at 01:18 PM. The record date for determining shareholder eligibility was Wednesday, September 16, 2026.

Proposed Resolutions and Implications

Three resolutions were proposed for shareholder approval:

1. Ordinary Resolution: To receive, consider and adopt:

  • The Audited Standalone Financial Statements for FY ended March 31, 2026, including Balance Sheet, Statement of Profit & Loss, and Reports of Board of Directors and Auditors
  • The Audited Consolidated Financial Statements for FY ended March 31, 2026, including Consolidated Balance Sheet, Statement of Profit & Loss, and Report of Auditors

2. Ordinary Resolution: To appoint Mr. Varun Agrawal (DIN: 00441271) as Director who retires by rotation and offers himself for re-appointment

3. Special Resolution: To re-appoint Mr. Suresh Kumar Agrawal (DIN: 00520769) as Managing Director of the Company for a further period of three years w.e.f. November 23, 2026

Voting Process and Methods

The Company provided remote e-voting facility through National Securities Depository Limited (NSDL) as the authorized e-voting agency. The remote e-voting period commenced on Saturday, September 19, 2026, at 09:00 a.m. (IST) and ended on Tuesday, September 22, 2026, at 05:00 p.m. (IST). Electronic voting was also available during the AGM for shareholders who had not voted remotely.

Newspaper advertisements were published on August 28, 2026, in "Ekdin" (Bengali) and "Business Standard" (English) to notify shareholders.

Key Voting Outcomes

Total Shareholders on Record Date: 33,864

Resolution 1 - Adoption of Financial Statements:

  • Total votes cast: 51,111,727 (77.9926% of outstanding shares)
  • Votes in favor: 51,111,334 (99.9992%)
  • Votes against: 393 (0.0008%)
  • Invalid votes: 0

Resolution 2 - Re-appointment of Mr. Varun Agrawal:

  • Total votes cast: 51,174,121 (78.0878% of outstanding shares)
  • Votes in favor: 50,552,242 (98.7848%)
  • Votes against: 621,879 (1.2152%)
  • Invalid votes: 0

Resolution 3 - Re-appointment of Mr. Suresh Kumar Agrawal as MD:

  • Total votes cast: 51,174,121 (78.0878% of outstanding shares)
  • Votes in favor: 50,582,501 (98.8439%)
  • Votes against: 591,620 (1.1561%)
  • Invalid votes: 0

Participation Breakdown by Shareholder Category

Promoter and Promoter Group:

  • Shares held: 49,105,940
  • Votes polled: 49,105,940 (100% participation)
  • Voted 100% in favor on all resolutions

Public Institutions:

  • Shares held: 758,138
  • Votes polled: 623,450 (82.2344% participation)
  • On Resolution 2: 0.7282% in favor, 99.2718% against
  • On Resolution 3: Similar pattern observed

Public Non-Institutions:

  • Shares held: 15,669,972
  • Votes polled: 1,444,731 (9.2197% participation)
  • On Resolution 2: 99.7945% in favor, 0.2055% against

Scrutinizer's Role and Findings

Ms. Pammy Jaiswal, Partner of M/s Vinod Kothari & Company, Practising Company Secretaries, was appointed as Scrutinizer by the Board of Directors on August 12, 2026. Her responsibility was to scrutinize the remote e-voting and e-voting during the AGM and prepare a consolidated report.

The Scrutinizer certified that all resolutions were passed with requisite majority on September 23, 2026. The votes cast were unblocked in the presence of two independent witnesses, and the details of voting along with authorizations were sealed and handed over to the Company Secretary for safe keeping.

Compliance Confirmation

The voting process complied with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars issued by the Ministry of Corporate Affairs and SEBI.