Meeting Details
- Date of Meeting: August 19, 2026 (Wednesday)
- Time of Meeting: 11:15 Hours (IST)
- Mode of Meeting: Through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
- Cut-off Date: August 12, 2026
Proposed Resolutions and Implications
The AGM considered three ordinary resolutions:
1. Resolution No. 1: To receive, consider, and adopt the audited standalone financial statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors.
2. Resolution No. 2: To receive, consider, and adopt the audited consolidated financial statements for FY ended March 31, 2026, with Report of Auditors.
3. Resolution No. 3: To reappoint Mr. Analjit Singh (DIN: 00029641), Non-Executive Director, who retired by rotation.
Voting Process and Methods
The voting was conducted through:
- Remote e-voting: Period from August 16, 2026 (0900 Hrs IST) to August 18, 2026 (1700 Hrs IST) via NSDL e-voting platform (www.evoting.nsdl.com)
- E-voting during AGM: Facility provided for members attending via VC/OAVM who hadn't voted remotely
- Scrutinizer: Mr. Neeraj Arora, Partner, M/s Sanjay Grover & Associates, Company Secretaries (FCS No. 10781, C.P. No. 16186), appointed on July 23, 2026
Key Voting Outcomes
Overall Participation
- Total Paid-up Equity Share Capital: INR 1,63,51,34,100 (16,35,13,410 equity shares of INR 10 each)
- Total Valid Votes Polled: 9,09,88,222 shares (55.6457% of outstanding shares)
- Shareholders Present: 87 members attended via VC (14 Promoters/Promoter Group, 73 Public)
Resolution-wise Results
Resolution No. 1 (Standalone Financial Statements)
- Total Votes in Favour: 9,09,88,208 (100% of votes polled)
- Total Votes Against: 14 (0% of votes polled)
- Category-wise Breakdown:
- Promoters & Promoter Group: 70,345,173 votes (100% favour, 95.0672% participation)
- Public Institutions: 17,923,959 votes (100% favour, 32.1123% participation)
- Public Non-Institutions: 2,719,090 votes (99.9995% favour, 0.0005% against, 8.0681% participation)
Resolution No. 2 (Consolidated Financial Statements)
- Total Votes in Favour: 9,09,88,208 (100% of votes polled)
- Total Votes Against: 14 (0% of votes polled)
- Category-wise Breakdown:
- Promoters & Promoter Group: 70,345,173 votes (100% favour, 95.0672% participation)
- Public Institutions: 17,923,959 votes (100% favour, 32.1123% participation)
- Public Non-Institutions: 2,719,090 votes (99.9995% favour, 0.0005% against, 8.0681% participation)
Resolution No. 3 (Reappointment of Director)
- Total Votes in Favour: 8,55,29,786 (94.0009% of votes polled)
- Total Votes Against: 54,58,436 (5.9991% of votes polled)
- Category-wise Breakdown:
- Promoters & Promoter Group: 70,345,173 votes (100% favour, 95.0672% participation)
- Public Institutions: 17,923,959 votes (69.5524% favour, 30.4476% against, 32.1123% participation)
- Public Non-Institutions: 2,719,090 votes (99.9627% favour, 0.0373% against, 8.0681% participation)
- Note: Three members voted partially in favor and partially against this resolution
Scrutinizer's Role and Findings
Mr. Neeraj Arora was responsible for scrutinizing the voting process and preparing a consolidated report. The e-votes were unblocked in the presence of two witnesses (Mr. Harshit Saxena and Mr. Vipin Dhameja) not employed by the company. The scrutinizer reconciled the data with records maintained by MAS Services Limited, the RTA of the company, and maintained detailed registers of the voting results.
Compliance Confirmation
The document confirms compliance with:
- Section 108 of Companies Act, 2013
- Rule 20 of Companies (Management and Administration) Rules, 2014
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA Circulars including General Circular No. 20/2020 and General Circular No. 03/2025
- Secretarial Standard-2 on General Meetings issued by ICSI
Additional Information
The documents were uploaded on the company website (www.maxestates.in) and sent to NSDL for publication. The scrutinizer's register will be handed over to the Company Secretary after the Chairman approves and signs the AGM minutes.