Neptune Logitek Limited held its 14th Annual General Meeting (AGM) on Monday, September 21, 2026. The meeting commenced at 03:30 PM IST and concluded at 03:50 PM IST, lasting 20 minutes. The physical meeting was held at BBZ-N-62/A, WARD 12/A, Gandhidham, Kachchh, Gujarat, India, 370201.

Mr. Ankit Devidas Shah, Chairman & Managing Director of the Company (DIN: 05207001), presided over the meeting as Chairman. The requisite quorum was confirmed present at the commencement of the meeting.

Voting Process

The company provided Remote E-Voting facility through Central Depository Services (India) Limited (CDSL). The voting period began at 09:00 AM IST on Thursday, September 17, 2026, and ended at 05:00 PM IST on Sunday, September 20, 2026. Members who did not vote through Remote E-Voting were allowed to vote through Polling Papers during the AGM. In case of conflicting votes (both remote and polling), the vote cast through remote e-voting would be considered.

M/s. Dixit Shah and Associates, Company Secretaries, were appointed as Scrutinizer to scrutinize the voting process (both Remote E-voting and Polling Papers) in a fair and transparent manner, pursuant to Section 109 of the Companies Act, 2013.

Meeting Proceedings

The Notice – Board's Report along with its annexures, Audit Report and Financial Statement were taken as read with the consent of members present.

The Chairman informed that:

  • No observations/qualifications/modified opinions were given by the Statutory Auditor
  • Observations/qualifications/modified opinions given by the Secretarial Auditor were read out, along with their implications on the Financial Statement and the Board's comments/explanations in the Board's Report
  • The Financial Performance of the Company for the year was elaborated upon

Resolutions Considered and Passed

Four resolutions were considered and deemed passed with requisite majority on September 21, 2026:

Ordinary Business:

1. To receive, consider and adopt the audited accounts of the Company for the year ended March 31, 2026 and the reports of the Auditors and Directors thereon (Ordinary Resolution)

2. To appoint Mr. Ankit Devidas Shah (DIN: 05207001) as Director who retires by rotation and offers himself for re-appointment as a director liable to retire by rotation (Ordinary Resolution)

Special Business:

3. To appoint Mr. Rushabh Anilkumar Shah (DIN: 09012222) as Non-Executive Independent Director (Special Resolution)

4. To approve Addition in Object Clause of the Memorandum of Association of Company (Special Resolution)

The meeting concluded at 03:50 PM IST with the Chairman thanking the members.