Meeting Details

The 34th Annual General Meeting was held on Thursday, 27 August 2026 at 11:00 A.M. through Video Conferencing/Other Audio Visual means. The meeting was deemed to be held at the registered office of the Company at 11th Floor, Grandeur, Veera Desai Extension Road, Oshiwara, Andheri (W), Mumbai - 400053, India.

Attendance

Shareholders: 02 Promoter Shareholders and 59 Public Shareholders attended.

Directors Present:

  • Mr. Mark Saldanha (Chairman & Managing Director)
  • Mrs. Sandra Saldanha (Whole-time Director)
  • Mr. Varddhman V. Jain (Whole-time Director)
  • Mr. Abhinna S. Mohanty (Independent Director and Chairman of Nomination & Remuneration Committee and Stakeholders Relationship Committee)
  • Mr. Digant M. Parikh (Independent Director and Chairman of Audit Committee)
  • Mrs. Shailaja Vardhan (Independent Director)
  • Mr. Srinivas Mishra (Independent Director)

In Attendance:

  • Mr. Jitendra Sharma (Chief Financial Officer)
  • Mr. Harshavardhan Panigrahi (Company Secretary)
  • Mr. Harsh Vajani (Statutory Auditor)
  • Mr. Jinesh Dedhia (Secretarial Auditor & Scrutinizer)

Dr. Sunny Sharma could not attend the AGM due to pre-occupations.

Business Transacted

Ordinary Business:

1. Receipt, consideration and adoption of:

  • Audited Standalone Financial Statements for FY2025-26 (year ended 31 March 2026)
  • Audited Consolidated Financial Statements for FY2025-26 (year ended 31 March 2026)

2. Declaration of dividend on equity shares recommended by the Board of Directors at its meeting held on 26 May 2026 - equity dividend of Rs. 0.90 (90%) per equity share of Re. 1/- each face value

3. Appointment of a director in place of Dr. Sunny Sharma (DIN: 02267273) who retires by rotation and being eligible offered herself for re-appointment

Special Business:

4. Approval of re-appointment and remuneration payable to Mrs. Sandra Saldanha (DIN: 00021023) as Whole-time Director for a further period of three years with effect from 25 September 2026

Voting Process

The Company provided remote e-voting facility to members pursuant to Companies Act, 2013 and Regulation 44 of SEBI (LODR) Regulations, 2015. Facility for remote e-voting was also made available during the AGM to members who had not cast their votes earlier.

Mr. Jinesh Dedhia, Practicing Company Secretary, was appointed as Scrutinizer for the remote e-voting process to ensure fair and transparent completion.

Meeting Proceedings

The Chairman delivered his speech and addressed queries raised by members. Members expressed satisfaction with the Company's performance and complimented the Board and management.

The e-voting process remained open for 15 minutes during the meeting. Results of voting were scheduled to be announced by 28 August 2026 after receipt of consolidated voting reports from the Scrutinizer, with intimation to Stock Exchanges and placement on the Company's website www.marksanspharma.com.

Meeting Conclusion

The meeting concluded at 11:41 am on 27 August 2026.