AGM Details
The 7th Annual General Meeting of Msafe Equipments Limited was held on Thursday, September 10, 2026 at 11:30 AM (IST) through Video Conferencing / Other Audio-Visual Means. The record date for determining shareholders entitled to vote was September 3, 2026.
Shareholder Participation
- Total shareholders on record date: 1,044
- Shareholders present in meeting: 0 (both promoters and public)
- Shareholders attended through video conferencing: 19 (10 promoters/promoter group, 9 public)
- Total number of resolutions passed: 8
Scrutinizer Details
- Name: Ajai Kumar
- Firm: Ajai Kumar & Associates
- Qualification: Company Secretary
- Membership Number: 21637
- Date of Board Meeting appointment: August 10, 2026
- Date of Report issuance: September 11, 2026
Voting Results Summary
Total outstanding shares: 20,400,000
Total votes polled: 12,020,000 (58.9216% of outstanding shares)
Resolution Details
Resolution 1: Ordinary Resolution
Description: To receive, consider and adopt the audited financial statements of the company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and the Auditors thereon.
Promoter Interest: No
Result: Passed with 100% votes in favor (12,020,000 votes)
Resolution 2: Ordinary Resolution
Description: To appoint a director in place of Mr. Ajay Kumar Kanoi (DIN: 08381615) who retires by rotation and offers himself for re-appointment.
Promoter Interest: No
Result: Passed with 100% votes in favor (12,020,000 votes)
Resolution 3: Ordinary Resolution
Description: To ratify the remuneration payable to cost auditors for the financial year ending March 31, 2027.
Promoter Interest: No
Result: Passed with 100% votes in favor (12,020,000 votes)
Resolution 4: Special Resolution
Description: To increase the overall limit of maximum remuneration payable to all the directors including Managing Director and Whole-time Director, and Manager.
Promoter Interest: Yes
Result: Passed with 99.8502% votes in favor (12,002,000 votes for, 18,000 against)
Resolution 5: Special Resolution
Description: Approval for revision in remuneration of Mr. Pradeep Aggarwal (DIN: 00675952), Chairman & Managing Director.
Promoter Interest: Yes
Result: Passed with 100% votes in favor (12,020,000 votes)
Resolution 6: Special Resolution
Description: Approval for revision in remuneration of Mr. Ajay Kumar Kanoi (DIN: 08381615), Whole-time Director of the company.
Promoter Interest: Yes
Result: Passed with 100% votes in favor (12,020,000 votes)
Resolution 7: Special Resolution
Description: Approval for revision in remuneration of Mr. Rushil Agarwal (DIN: 08381616), Whole-time Director of the company.
Promoter Interest: Yes
Result: Passed with 100% votes in favor (11,700,000 votes)
Resolution 8: Special Resolution
Description: Approval for revision in remuneration of Mrs. Rajani Ajay Kanoi (DIN: 06655849), Director of the company.
Promoter Interest: Yes
Result: Passed with 100% votes in favor (12,020,000 votes)
Scrutinizer's Report Details
The scrutinizer's report confirmed that all votes were valid with no invalid votes cast for any resolution. The electronic voting data will be handed over to the Company Secretary for preservation after the Chairman approves and signs the AGM minutes.
Additional Information
The voting results and consolidated scrutinizer's report are available on the company's website at www.msafegroup.com.