Event Details
The 43rd Annual General Meeting (AGM) of Medi-Caps Limited was held on Tuesday, 22nd September, 2026 through video conference (VC)/other audio visual means (OAVM) in accordance with circulars issued by the Ministry of Corporate Affairs, Government of India and the Securities and Exchange Board of India.
The meeting commenced at 12:30 PM (IST) and concluded at 12:50 PM (IST). The Registered office of the Company was deemed as the venue for the Meeting.
Attendance Details
Total Members as on Cutoff date (15th September, 2026): 10,524
Members present: 57 (Fifty-Seven) through VC/OAVM
Directors & Key Personnel Present:
- Mr. Alok K. Garg - Chairman and Managing Director
- Mrs. Saloni Garg - Whole-Time Woman Director
- Mr. Ashok Omprakash Agrawal - Independent Director
- Mr. Dharmendra Solanki - Independent Director
- Mr. Gajendra Singh - Independent Director
- CA Venus Rawka - Statutory Auditor
- CA Amit Parmar - Internal Auditor
- CS L.N. Joshi - Secretarial Auditor
- Ms. Darshika Wankhede - Scrutinizer
- Mr. Abhishek Jain - Company Secretary & Compliance Officer
- Mr. Akshit Garg - Chief Financial Officer
Special Invitees:
- Mr. Rajendra Kumar Sharma - Vice President of Medi-Caps Limited
- Mrs. Manisha Garg - Whole-time Director of Medgel Private Limited (Wholly Owned Subsidiary)
- Mr. Palash Garg - Vice President of Medgel Private Limited
Meeting Proceedings
The meeting was conducted pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.
The Company Secretary introduced Directors and Senior Management personnel present. The respective Chairperson of the Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee were present. Statutory Auditors, Internal auditor, Secretarial Auditors and scrutinizer were also present through VC/OAVM.
The requisite quorum was present. Registers as required under the Companies Act, 2013 were available for inspection in electronic mode. No proxies were appointed except for authorized representatives of corporate shareholders.
Auditor Reports:
- Statutory Auditor report on financial statements contained no qualification or adverse remarks
- Secretarial auditor made few observations with management clarifications provided in board report
Chairman's Address:
The Chairman delivered a speech informing about:
- Real estate project
- Operational performance of wholly owned Material Subsidiary Medgel Private Limited
- Summary on Company's performance in Fiscal Year 2026
- Future positioning of the Company
Member Interaction:
Four registrations were received from members wishing to speak; however, none joined the meeting. No queries, suggestions or comments were received during speaker session.
Business Transacted
The following agenda items from Notice dated 6th August, 2026 were transacted:
1. Ordinary Resolution: Consideration and adoption of:
- (a) Audited Standalone Financial Statement for financial year ended March 31, 2026 with Report of Board of Directors and Auditors
- (b) Audited Consolidated Financial Statement for financial year ended March 31, 2026 with Report of Auditors
2. Special Resolution: Re-appointment of Mr. Alok K Garg (DIN: 00274321) as Chairman and Managing Director and Payment of Remuneration
3. Special Resolution: Confirmation of appointment of Mrs. Saloni Garg (DIN: 11865402) as Director as well as Whole-Time Woman Director
Voting Process
Remote e-voting period: Commenced at 9:00 AM (IST) on Saturday, 19th September, 2026 and concluded at 5:00 PM (IST) on Monday, 21st September, 2026
E-voting at AGM: Facility provided to members present through VC/OAVM who had not cast votes through remote e-voting
Ms. Darshika Wankhede, Practicing Company Secretary was authorized to scrutinize remote e-voting process and e-voting during AGM
Voting results will be submitted within time limit prescribed in Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015