Meeting Details

The 39th Annual General Meeting was held on September 30, 2026, at 11:28 A.M. through Video Conferencing (VC). The record date for determining shareholders entitled to vote was September 18, 2026, with 10,564 shareholders on record.

Attendance breakdown:

  • Promoters and Promoter Group present: Not Available
  • Public shareholders present: Not specified
  • Shareholders attended through Video Conferencing: Promoters (0), Public (30)

Proposed Resolutions and Implications

Five resolutions were proposed and approved:

1. Adoption of Standalone Financial Statements - Ordinary Resolution

2. Adoption of Consolidated Financial Statements - Ordinary Resolution

3. Re-appointment of Mr. Tarun Kashyap (DIN: 07358671) as Director - Ordinary Resolution

4. Approval of Material Related Party Transactions for FY 2026-27 - Ordinary Resolution

5. Approval for acceptance of loan up to ₹300 crore from promoters and/or directors with option to convert into equity - Special Resolution

Promoters were not interested in any of the resolutions except Resolution 4 (Related Party Transactions), where they were noted as interested.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting facility provided by Bigshare Services Private Limited
  • E-voting on the day of AGM for shareholders attending through video conferencing

The remote e-voting period commenced on September 27, 2026 (9:00 AM IST) and ended on September 29, 2026 (5:00 PM IST).

Key Voting Outcomes

Overall Participation:

  • Total shares outstanding: 14,283,139
  • Total votes cast: 410 shares (0.002% of outstanding shares)
  • All resolutions passed with 405 votes in favor (98.78%) and 5 votes against (1.22%)

Category-wise Breakdown:

Promoter & Promoter Group (6,720,976 shares):

  • Zero votes cast across all resolutions and all voting methods

Public - Institutions (0 shares):

  • Zero votes cast across all resolutions

Public - Non Institutions (7,562,163 shares):

  • 410 votes cast via e-voting (0.01% of category shares)
  • 405 votes in favor, 5 votes against across all resolutions
  • 98.78% approval rate, 1.22% against

Scrutinizer's Findings:

  • Number of members participated by remote e-voting: 31
  • Number of members participated in e-voting on day of AGM: 0
  • Total members participated in e-voting: 31
  • All resolutions passed with requisite majority
  • Votes were unblocked in presence of witnesses Ms. Harshita Damani and Mr. Prasad Mogalagani

Compliance Confirmation

The scrutinizer confirmed compliance with:

  • Companies Act, 2013 and Rules made thereunder
  • MCA Circulars
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Additional Information

The AGM Notice along with Annual Report for FY 2025-26 was dispatched electronically on September 8, 2026. The notice was submitted to BSE Limited and National Stock Exchange of India Limited, and posted on the company's website (www.melstarrtech.com) and Bigshare Services Private Limited's website (www.bigshareonline.com).