Meeting Details

The Eighteenth Annual General Meeting was held on Monday, September 28, 2026 at 11:00 AM IST through Video Conference (VC)/Other Audio Visual Means (OAVM). The meeting was conducted in compliance with General Circulars issued by the Ministry of Corporate Affairs and SEBI circulars, and in accordance with Section 96 and other applicable provisions of the Companies Act, 2013.

Proposed Resolutions and Implications

The following nine resolutions were proposed and passed at the meeting:

Ordinary Business:

  • Resolution 1: To consider, adopt and receive the Audited Standalone Financial Statements of the Company for the year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon (Ordinary Resolution)
  • Resolution 2: To consider, adopt and receive the Audited Consolidated Financial Statements of the Company for the year ended March 31, 2026 together with the Reports of the Auditors thereon (Ordinary Resolution)
  • Resolution 3: To declare dividend on Equity Shares of the Company for the Financial Year ended March 31, 2026 (Ordinary Resolution)
  • Resolution 4: To appoint Sandeep Jain (DIN: 00565760) as Director who retires by rotation under Section 152(6) of Companies Act, 2013 (Ordinary Resolution)
  • Resolution 5: To appoint Dinesh Gogna (DIN: 00498670) as Director who retires by rotation under Section 152(6) of Companies Act, 2013 (Ordinary Resolution)

Special Business:

  • Resolution 6: To re-appoint Sh. Jawahar Lal Oswal (DIN: 00463866) as Chairman & Managing Director of the Company (Special Resolution)
  • Resolution 7: To re-appoint Smt. Ruchika Oswal (DIN: 00565979) as an Executive Director of the Company (Special Resolution)
  • Resolution 8: To re-appoint Smt. Monica Oswal (DIN: 00566052) as an Executive Director of the Company (Special Resolution)
  • Resolution 9: To re-appoint Sh. Manikant Prasad Singh (DIN: 01790672) as an Independent Director of the Company (Special Resolution)

Voting Process and Methods

The voting process was conducted as follows:

  • The Company engaged Central Depository Services (India) Limited (CDSL) for e-voting services
  • Remote e-voting commenced on Friday, September 25, 2026 at 9:00 AM IST and ended on Sunday, September 27, 2026 at 5:00 PM IST
  • Members attending the AGM who had not cast votes by remote e-voting could cast votes through e-voting during the AGM, which remained open for half an hour from conclusion of the AGM
  • The cut-off date for determining voting eligibility was Monday, September 21, 2026
  • Proxy voting was not available as the AGM was convened through VC/OAVM

Scrutinizer's Role and Findings

  • Sh. Pritpal Singh Dua, Proprietor of M/s. P.S. Dua & Associates, Company Secretary in Practice, was appointed as Scrutinizer
  • The Scrutinizer was responsible for scrutinizing the e-voting process in a fair and transparent manner
  • Post conclusion of voting, the Scrutinizer's Report was received confirming all resolutions were passed with requisite majority

Compliance with Laws and Regulations

The meeting was conducted in compliance with:

  • Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
  • General circulars issued by Ministry of Corporate Affairs and SEBI Circulars
  • Section 96 and other applicable provisions of Companies Act, 2013

Additional Procedural Information

  • The meeting was chaired by Sh. Jawahar Lal Oswal, Chairman and Managing Director
  • Sh. Ankur Gauba, Company Secretary & Compliance Officer commenced the meeting and provided general instructions
  • Four speaker shareholders raised queries on financial performance and other matters, which were addressed by management
  • Statutory Registers and relevant documents were made available electronically for inspection
  • Annual Report documents were circulated electronically to members with registered email addresses
  • The meeting concluded at 12:00 Noon IST
  • Quorum was present at the beginning and throughout the Meeting

Results Dissemination

Consolidated results of e-voting will be disseminated to stock exchanges (BSE and NSE) in the format prescribed under Regulation 44(3) of SEBI LODR Regulations, and will be uploaded on the company website (www.montecarlocorporate.com) and CDSL website (www.evotingindia.com).