Martin Burn Limited
Meeting Details
The 78th AGM was held on Thursday, August 27, 2026, through Video Conferencing/Other Audio Visual Means. The meeting commenced at 12:30 PM and concluded at 12:56 PM on the same day.
Attendance and Chairmanship
Mr. Kedar Nath Fatehpuria, Chairman and Managing Director, presided over the meeting. All directors of the company attended the AGM. The meeting was declared validly convened as quorum requirements were fulfilled.
Chairman's Address
The Chairman addressed shareholders regarding:
- Financial performance of the company
- Current economic situations and their impact
Document Availability
The Chairman confirmed that audited financial statements for the year ended March 31, 2026, along with Board's and Auditor's reports, had been emailed to members. Original documents with statutory registers were available for electronic inspection.
Voting Arrangements
The company provided two voting facilities:
1. Remote e-voting open from Monday, August 24, 2026, at 10:00 AM to Wednesday, August 26, 2026, at 5:00 PM
2. E-voting during the AGM for members attending via VC/OAVM who had not voted remotely
Scrutinizer Appointment
Ms. Sumana Subhash Mitra, Partner of M/s. T. Chatterjee & Associates, Practicing Company Secretaries, was appointed as Scrutinizer to report on voting results.
Business Transacted
The following six resolutions were considered:
1. Ordinary Resolution: Consideration and adoption of Financial Statements for FY ended March 31, 2026, and Reports of Board of Directors and Auditors
2. Ordinary Resolution: Appointment of director in place of Mrs. Sarika Fatehpuria (DIN: 03570828), who retires by rotation and offered herself for re-appointment
3. Special Resolution: Re-appointment of Mr. Manish Fatehpuria (DIN: 00711992) as Whole Time Director for five years commencing November 9, 2026, till November 8, 2031, with remuneration as per terms in the AGM notice
4. Special Resolution: Appointment of Mr. Kailash Kumar Kedia (DIN: 02629502) as Independent Director for five years commencing May 28, 2026, until May 27, 2031
5. Ordinary Resolution: Approval for contributions or donations to charitable or other funds/institutions under Section 181 of Companies Act, 2013
6. Special Resolution: Approval for waiver of excess remuneration paid to Mr. Mahesh Kumar Tibrewal, Independent Director
Shareholder Engagement
Clarifications were provided to queries raised by members during the meeting.
Results Disclosure Timeline
The Scrutinizer will submit voting results within 2 working days as required under regulations. Results along with scrutinizer's reports will be:
- Uploaded on company website: www.martinburnltd.com
- Displayed at the Registered Office of the Company
Compliance Confirmation
The Chairman confirmed that all provisions of Companies Act, 2013, Rules, and Secretarial Standards regarding calling, convening, and conducting the meeting were adhered to.