Meeting Details

The 53rd Annual General Meeting of Mangalam Drugs and Organics Limited was held on Wednesday, September 23, 2026, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).

The meeting commenced at 03:00 P.M. Indian Standard Time (IST) and concluded at 04:00 P.M. IST, including the 30-minute time allowance for e-voting at the AGM.

The deemed venue of the AGM was registered office at 3rd Floor, Rupam Building, 239 P. D'Mello Road, Mumbai 400001, Maharashtra, India.

Attendance

Directors Present:

  • Shri Govardhan Murlidhar Dhoot (DIN: 01240086) - Executive Director, Chairperson and Managing Director
  • Shri Brijmohan Murlidhar Dhoot (DIN: 01115469) - Executive Director (Whole time Director)
  • Shri Rakesh Kishinchand Milwani (DIN: 01046420) - Non-Executive, Non-Independent Director
  • Shri Praveen Saxena (DIN: 03199264) - Non-Executive, Independent Director
  • Shri Prabhakar Raghunath Zavar (DIN: 11940187) - Non-Executive, Independent Director
  • Smt. Nidhi Shantanu Mundada (DIN: 08134992) - Non-Executive, Independent Director and Chairperson of Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee

Other Attendees:

  • Mr. Jeevan Dalvi - Chief Financial Officer (CFO)
  • Ms. Shweta Patel - Company Secretary & Compliance Officer
  • Ms. Shreya Bhavsar - Secretarial Team
  • Mr. Jitendra Pandey and Mr. Sujoy Waikul - Representatives of S.N. Nanda & Co. (Proposed Statutory Auditor)
  • Mr. Vidhyadhar Vichyachar Somani - Proprietor of V.S. Somani & Co. (Retiring Statutory Auditor)
  • Mr. Rampurawala Mohammed - Rampurawala Mohammed A & Co. (Cost Auditor)
  • Mr. L.N. Joshi - Representative of L.N. Joshi & Co. (Proposed Secretarial Auditor)
  • Mr. B.M. Maheshwari - Scrutinizer of 53rd Annual General Meeting

The meeting was attended by 49 equity shareholders.

Proceedings Summary

The Chairman, Shri Govardhan Murlidhar Dhoot, confirmed quorum presence as per Section 103 of the Companies Act, 2013 and formally commenced the meeting.

Ms. Shweta Patel, Company Secretary & Compliance Officer, welcomed members and briefed them on electronic participation procedures.

Shri Govardhan Murlidhar Dhoot introduced all directors and auditors present, delivered a speech apprising members about current and future prospects, and corporate governance of the Company.

The Company had provided remote e-voting facility for all businesses to be transacted at the AGM to members holding shares as on the cut-off date of Wednesday, September 16, 2026. The e-voting period commenced on Saturday, September 19, 2026 at 09:00 A.M. and ended on Tuesday, September 22, 2026 at 05:00 P.M.

The retiring Statutory Auditors, Mr. Vidhyadhar Somani representing V.S. Somani & Co., were appreciated for their professional guidance and valuable services to the Company.

Resolutions Considered and Approved

The following items of business as set out in the AGM Notice were considered and approved:

1. Ordinary Business: Adoption of financial statements for the financial year ended March 31, 2026 together with reports of the Board of Directors and Auditors thereon

2. Ordinary Business: Re-appointment of Shri Govardhan Murlidhar Dhoot (DIN: 01240086) as Executive Director, who retires by rotation

3. Ordinary Business: Appointment of M/s S.N. Nanda and Co., Chartered Accountants as Statutory Auditors for a period of five consecutive years and fixation of their remuneration

4. Ordinary Business: Ratification of remuneration payable to Rampurawala Mohammed A & Co. (Cost Accountants), the Cost Auditors of the Company for financial year 2026-27

5. Ordinary Business: Approval of the materiality of related party transactions

6. Special Business: Appointment of M/s L.N. Joshi & Co. as Secretarial Auditors of the Company from the conclusion of 53rd Annual General Meeting till the conclusion of 58th Annual General Meeting of the Company

Voting Details

Mr. B.M. Maheshwari, Proprietor of BMM & Associates, Advocate, was appointed as the Scrutinizer to scrutinize votes cast through remote e-voting and e-voting at the AGM.

Voting remained open for 30 minutes after the conclusion of the Annual General Meeting.

The Consolidated Scrutinizer's Report along with voting results will be submitted to Stock Exchanges within prescribed timelines under Regulation 44 of SEBI (LODR) Regulations, 2015, and will be uploaded on the company website and stock exchange websites.

Conclusion

The meeting concluded with a vote of thanks delivered by Shri Govardhan Murlidhar Dhoot, Chairman and Managing Director, who expressed gratitude to all stakeholders for their trust and confidence in the Company.