Meeting Details
- Date: Wednesday, September 30, 2026
- Time: 4:00 PM
- Location: 'A Hotel by Grewalz', adjacent to District Courts, Feroze Gandhi Market, Ludhiana, Punjab 141001
- Type: 41st Annual General Meeting
- Cut-off Date: Friday, September 18, 2026 (for determining shareholders eligible to vote)
- Register of Members Closure: From Friday, September 25, 2026 to Wednesday, September 30, 2026 (both days inclusive)
Proposed Resolutions and Implications
Ordinary Business
Item No. 1: To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and the Auditors thereon.
Item No. 2: To appoint a director in place of Mrs. Harneesh Kaur Arora (DIN 00089451), who retires by rotation and being eligible, offers herself for re-appointment.
Special Business
Item No. 3: To consider and approve to enter into contracts and/or agreements with Related Parties for Related Party Transactions (RPT) for the FY 2026-27. The resolution seeks approval for transactions with various related parties including Master Capital Services Limited, Master Insurance Brokers Limited, Master Infrastructure and Real Estate Developers Limited, Master Commodity Services Limited, Master Portfolio Services Limited, and Mastertrust Wealth Private Limited. The aggregate value for transactions with Master Capital Services Limited shall not exceed ₹1,500 crore, while for other related parties, it shall not exceed ₹300 crore each for the period from 41st AGM till 42nd AGM.
Item No. 4: To approve Material Related Party Transactions with Master Capital Services Limited specifically. The resolution seeks approval for transactions which may exceed the materiality threshold limit as prescribed under SEBI Listing Regulations, with an aggregate value not exceeding ₹1,500 crore for the period from 41st AGM till 42nd AGM.
Voting Process and Methods
- Remote E-voting Period: Starts on Friday, September 25, 2026 at 10:00 AM and ends on Tuesday, September 29, 2026 at 5:00 PM
- E-voting Service Provider: CDSL (Central Depository Services India Limited)
- Voting Methods:
- Remote e-voting through CDSL/NSDL systems for demat shareholders
- Physical ballot form for shareholders without e-voting access (to be submitted to scrutinizer by September 29, 2026 at 5:00 PM)
- Physical voting at the meeting venue
- Scrutinizer: Mrs. Pooja Mahajan Kohli, Practicing Company Secretary, Proprietor of M/s Pooja M. Kohli & Associates
Key Voting Outcomes and Participation
The actual voting outcomes will be determined after the meeting. The document specifies that results will be declared within 2 working days of the AGM and placed on the company's website www.mastertrust.co.in and communicated to BSE Limited and National Stock Exchange of India Limited.
Scrutinizer's Role and Findings
The scrutinizer will unlock the votes within 2 working days from conclusion of e-voting period in the presence of at least two witnesses not in employment of the company. She will prepare a Consolidated Scrutinizer's Report of the votes cast in favour or against and submit it to the Chairman of the company.
Compliance with Laws and Regulations
The notice confirms compliance with:
- Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Section 108 of Companies Act 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014
- Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Section 91 of Companies Act 2013 and Regulation 42 of SEBI LODR Regulations
- SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated 09.12.2020 regarding e-voting facilities
- MCA notifications and circulars regarding electronic communication with shareholders
Signatories and Roles
- Vikas Gupta: Company Secretary and Compliance Officer (FCS 12192)
- Board of Directors: Authorized the notice and resolutions
Additional Financial and Procedural Information
- Company CIN: L65991PB1985PLC006414
- Unpaid Dividend: Transferred to Investor Education and Protection Fund (IEPF) for financial years up to 2013-14
- Shareholder Requirements: Mandatory PAN, KYC details updating as per SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/655 dated November 3, 2021
- Director Information: Mrs. Harneesh Kaur Arora (DIN 00089451) holds 1,57,00,100 equity shares (12.76%), age 67 years, M.A. qualification, appointed on November 27, 1998
- RTA: Skyline Financial Services (P) Ltd, New Delhi