Meeting Details
The 72nd Annual General Meeting of Naperol Investments Limited was held on Wednesday, September 16, 2026 at 2:00 PM (IST) through Video Conferencing / Other Audio Visual Means. The meeting commenced at 2:00 PM and concluded at 3:00 PM (IST). The deemed venue was the Registered Office of the Company at Neville House, J. N. Heredia Marg, Ballard Estate, Mumbai-400 001, India.
Compliance Framework
The virtual AGM was conducted in compliance with multiple MCA Circulars dated April 8, 2020; April 13, 2020; May 5, 2020; September 28, 2020; December 31, 2020; January 13, 2021; December 8, 2021; May 5, 2022; December 28, 2022; September 25, 2023; September 19, 2024; and September 22, 2025, along with applicable provisions of the Companies Act, 2013.
Attendance
All Directors and Manager of the Company, representatives of Statutory Auditors, Secretarial Auditors, and Scrutinisers were present at the AGM.
Proceedings Summary
Mr. Ness N. Wadia, Chairman of the Company, chaired the meeting. The live streaming was broadcast on NSDL website. Quorum requirements were satisfied. The Notice of 72nd AGM and Annual Report for Financial Year 2025-26 were sent by email to members with registered email addresses, while others received a letter with web-link access. The Annual Report was also available on the company website, BSE, and NSDL.
Key Announcements
- No comments or qualifications in the Report of Statutory Auditors for Financial Year 2025-26
- Directors' Report and Financial Statements with Auditor's Report were taken as read
- Company responded to shareholder queries received in advance
- Additional queries would be responded to at registered email ids
Resolutions Transacted
The meeting transacted 5 resolutions as per the AGM notice:
1. Ordinary Resolution: 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 Auditors thereon.
2. Ordinary Resolution: To declare a final dividend of Rs. 16.48 (Rupees Sixteen and Forty Eight paisa only) per Equity Share of face value of Rs. 10 each (164.80%) for the financial year ended March 31, 2026.
3. Ordinary Resolution: To appoint a Director in place of Mr. Ness N. Wadia (DIN: 00036049), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
4. Special Resolution: Payment of Commission to Non-Executive Directors of the Company.
5. Special Resolution: To appoint Mr. Deepak Kumar, as Manager of the Company.
Voting Process
Remote e-voting facility was provided from Sunday, September 13, 2026 (9:00 a.m. IST) to Tuesday, September 15, 2026 (5:00 p.m. IST). Additional e-voting was allowed during the AGM for members who had not cast votes through remote e-voting, open for 30 minutes.
Scrutinizer Appointment
M/s. Nilesh Shah & Associates, Practicing Company Secretaries, Mumbai were appointed as Scrutiniser to scrutinise the e-voting process. The results of e-voting will be announced on or before September 18, 2026, and will be intimated to the Stock Exchange and uploaded on the websites of the Company and NSDL.
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