Meeting Details

The 31st AGM was held on Friday, September 18, 2026 at 11:00 A.M. Indian Standard Time through Video Conferencing/Other Audio Visual Means in compliance with MCA Circulars (General Circular Nos. 14/2020, 17/2020, 20/2020 and latest being 03/2025 dated September 22, 2025) and SEBI circulars dated May 12, 2020, January 15, 2021, May 13, 2022, January 5, 2023, October 07, 2023 and October 3, 2024.

Attendance

Directors Present:

  • Mr. Sanjiv Goyal - Chairman & Managing Director
  • Dr. Indu Pal Kaur - Independent Director
  • Dr. Kuldeep Kumar Bhasin - Independent Director and Chairperson of Stakeholders Relationship Committee
  • Dr. Rupinder Tewari - Independent Director and Chairperson of Audit Committee and Nomination & Remuneration Committee
  • Mr. Sushil Kapoor - Whole-time Director & Chief Financial Officer
  • Dr. Gunmala Suri - Additional Non-Executive Non-Independent Director

In Attendance:

  • Mr. Deepak Jindal - Partner of M/s. Deepak Jindal & Co., Chartered Accountants, Statutory Auditors
  • Mr. Prince Chadha - Proprietor of P. Chadha & Associates., Company Secretaries, Secretarial Auditors
  • Mr. Sanjaymohan Singh Rawat - Company Secretary & Compliance Officer

Key Proceedings

The meeting was chaired by Mr. Sanjiv Goyal, Chairman & Managing Director. The Company made efforts to enable member participation through video conference and electronic voting.

The Statutory Auditors (M/s. Deepak Jindal & Co., Chartered Accountants) and Secretarial Auditors (P. Chadha & Associates) expressed unqualified opinions in their respective audit reports for the financial year 2025-2026. There were no qualifications, observations or adverse comments on financial statements and matters with material bearing on the Company's functioning.

Voting Arrangements

KFin Technologies Limited served as the Registrar & Share Transfer Agent and provided electronic voting facilities. Remote e-voting was available from Tuesday, September 15, 2026 at 9:00 A.M. to Thursday, September 17, 2026 at 5:00 P.M. Insta Poll e-voting was conducted during the AGM for members who could not participate in remote voting.

Members whose names appeared in the Register of Members/list of Beneficial Owners as of Friday, September 12, 2026 (cut-off date) were entitled to vote on the resolutions.

Mr. Prince Chadha, proprietor of P. Chadha & Associates, was appointed as Scrutinizer to scrutinize the remote e-voting and e-voting at the AGM in a fair and transparent manner. Voting results were to be notified to stock exchanges within two working days of the meeting conclusion in the format prescribed under Regulation 44(3) of LODR Regulations.

Resolutions Considered

Ordinary Business:

1. To receive, consider and adopt the Standalone Financial Statements of the Company for the financial year ended March 31, 2026, and the Reports of the Board of Directors and Auditors thereon and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, and the Report of Auditors thereon (Management proposal, Ordinary Resolution)

2. To appoint a director in place of Mr. Sanjiv Goyal (DIN 00002841), who retires by rotation and being eligible, offers himself for re-appointment (Management proposal, Ordinary Resolution)

Special Business:

3. To consider and approve the re-appointment of Dr. Kuldip Kumar Bhasin (DIN 09250008) as an Independent Director for the second term of consecutive five years (Management proposal, Special Resolution)

4. To consider and approve the re-appointment of Dr. Indu Pal Kaur (DIN 09686862) as an Independent Director for the second term of consecutive five years (Management proposal, Special Resolution)

5. To consider and approve the appointment of Dr. Gunmala Suri (DIN 11879344) as a Non-Executive Non-Independent Director of the Company (Management proposal, Ordinary Resolution)

Meeting Conclusion

The Chairman appreciated the commitment and hard work of all members of Nectar Lifesciences Limited and thanked shareholders for their trust. The meeting was declared closed at 11:25 A.M. IST (including time allowed for Insta Poll).