Meeting Details

The 7th AGM of Max India Limited was held on Wednesday, August 19, 2026, through Video Conferencing from 12:30 hours to 13:30 hours (IST).

Voting Process and Scrutinizer Appointment

The Board of Directors appointed Mr. Kapil Dev Taneja, Partner of M/s Sanjay Grover & Associates, Company Secretaries, as Scrutinizer at their meeting held on May 28, 2026. The remote e-voting period commenced on August 16, 2026, at 09:00 AM IST and ended on August 18, 2026, at 05:00 PM IST through NSDL's e-voting platform. Members as of the cut-off date (August 12, 2026) were entitled to vote.

Share Capital Structure

As of the cut-off date, the total paid-up Equity Share Capital was ₹56,32,06,780, divided into 5,63,20,678 equity shares of ₹10 each.

Resolution Voting Results

Resolution 1: Adoption of Financial Statements

Ordinary Resolution to receive, consider and adopt the Audited Standalone Financial Statements together with Reports of Board of Directors and Auditors, and Audited Consolidated Financial Statements including Report of Auditors for FY ended March 31, 2026.

Voting Results:

  • Total Valid Votes: 3,04,00,622 shares
  • Votes in Favor: 3,04,00,245 shares (99.9988%)
  • Votes Against: 377 shares (0.0012%)
  • Resolution: PASSED

Breakdown by Voting Method:

  • E-voting during AGM: 2 voters, 1,10,788 shares (100% in favor)
  • Remote E-voting: 155 voters, 3,02,89,834 shares (3,02,89,457 in favor, 377 against)

Category-wise Breakdown (Resolution 1):

  • Promoter & Promoter Group: 26,145,500 votes (100% in favor)
  • Public Institutions: 2,277,379 votes (100% in favor)
  • Public Non-Institutions: 1,977,743 votes (1,977,366 in favor, 377 against - 99.9809% favor)

Resolution 2: Re-appointment of Director

Ordinary Resolution to appoint Mr. Rajit Mehta (DIN: 01604819) as Director who retires by rotation and offers himself for re-appointment.

Voting Results:

  • Total Valid Votes: 3,04,00,622 shares
  • Votes in Favor: 3,03,99,845 shares (99.9974%)
  • Votes Against: 777 shares (0.0026%)
  • Resolution: PASSED

Breakdown by Voting Method:

  • E-voting during AGM: 2 voters, 1,10,788 shares (100% in favor)
  • Remote E-voting: 155 voters, 3,02,89,834 shares (3,02,89,057 in favor, 777 against)

Category-wise Breakdown (Resolution 2):

  • Promoter & Promoter Group: 26,145,500 votes (100% in favor)
  • Public Institutions: 2,277,379 votes (100% in favor)
  • Public Non-Institutions: 1,977,743 votes (1,976,966 in favor, 777 against - 99.9607% favor)

Additional Meeting Statistics

  • Record Date: August 12, 2026
  • Total Shareholders on Record Date: 38,432
  • Shareholders Attending via VC: 72 (17 Promoters, 55 Public)
  • Number of Resolutions Passed: 2

Scrutinizer Details

  • Name: Mr. Kapil Dev Taneja
  • Firm: M/s Sanjay Grover & Associates
  • Qualification: CS
  • Membership Number: F4019
  • Date of Appointment: May 28, 2026
  • Report Issuance Date: August 20, 2026

Conclusion

All resolutions proposed at the 7th AGM were passed with the requisite majority. The scrutinizer's report confirms the validity of the voting process conducted through remote e-voting and e-voting during the AGM.