Event Overview

The 40th Annual General Meeting (AGM) of Nilkamal Limited was held on Friday, July 17, 2026 at 11:00 a.m. IST through two-way Video Conference/Other Audio Visual Means without physical presence of members. The meeting concluded at 12:03 p.m. IST, lasting 1 hour and 3 minutes.

Meeting Details

The AGM was conducted in accordance with Ministry of Corporate Affairs (MCA) Circulars and SEBI Circulars. The deemed venue was the company's registered office at Survey No. 354/2 and 354/3, Near Rakholi Bridge, Silvassa Khanvel Road, Vasona, Silvassa 396 230, Union Territory of Dadra and Nagar Haveli Daman and Diu.

Total 62 members attended the meeting through video conferencing: 14 from promoter and promoter group, and 48 public shareholders. There were 21,975 shareholders on record date.

Key Participants

  • Mr. Sharad V. Parekh, Chairman of the Company
  • Mr. Hiten V. Parekh, Managing Director
  • Mr. Sagar Mehta, Company Secretary & Compliance Officer
  • Mr. Ravi Bansal, Chartered Accountant representing M/s. S R B C & CO LLP (Statutory Auditors)
  • Mr. Bhaskar Upadhyay, Company Secretary representing M/s. N. L. Bhatia & Associates (Secretarial Auditors and Scrutinizer)

Business Transacted and Voting Results

All five resolutions contained in the Notice dated May 14, 2026 were approved with requisite majority:

Resolution 1: Adoption of Audited Standalone Financial Statements

  • Type: Ordinary Resolution
  • Result: Passed
  • Votes in favor: 11,731,757 (99.9999%)
  • Votes against: 14 (0.0001%)
  • 105 members voted in favor, 4 against

Resolution 2: Adoption of Audited Consolidated Financial Statements

  • Type: Ordinary Resolution
  • Result: Passed
  • Votes in favor: 11,731,757 (99.9999%)
  • Votes against: 14 (0.0001%)
  • 105 members voted in favor, 4 against

Resolution 3: Declaration of Final Dividend

  • Type: Ordinary Resolution
  • Result: Passed
  • Dividend: ₹20 per equity share of face value ₹10 each for financial year ended March 31, 2026
  • Votes in favor: 11,736,540 (99.9999%)
  • Votes against: 14 (0.0001%)
  • 106 members voted in favor, 4 against

Resolution 4: Re-appointment of Director

  • Type: Ordinary Resolution
  • Result: Passed
  • Director: Mr. Manish V. Parekh (DIN: 00037724) who retired by rotation
  • Votes in favor: 11,734,730 (99.9845%)
  • Votes against: 1,824 (0.0155%)
  • 103 members voted in favor, 7 against

Resolution 5: Ratification of Remuneration of Cost Auditors

  • Type: Ordinary Resolution
  • Result: Passed
  • Votes in favor: 11,736,540 (99.9999%)
  • Votes against: 14 (0.0001%)
  • 106 members voted in favor, 4 against

Voting Process

The company engaged NSDL to provide remote e-voting facility from Tuesday, July 14, 2026 (9:00 a.m. IST) till Thursday, July 16, 2026 (5:00 p.m. IST), and e-voting facility during the AGM. Mr. Bhaskar Upadhyay was appointed as Scrutinizer for the voting process.

Shareholding Pattern and Voting Participation

Total outstanding shares: 14,922,525

Total votes polled: 11,736,554 (78.6499% of outstanding shares)

Breakdown by category:

  • Promoter and Promoter Group: 9,631,046 shares (100% voted, 100% in favor)
  • Public Institutions: 2,022,964 shares (97.9191% voted, 100% in favor)
  • Public Non-Institutions: 3,268,515 shares (3.8133% voted, 99.9888% in favor)

Additional Meeting Details

The Chairman addressed members and briefed them on the financial performance for FY 2025-26 and notable developments of the Company. Shareholder queries were answered by Mr. Hiten V. Parekh, Managing Director.

The Company Secretary confirmed that there were no qualifications, observations or other remarks made by the Auditors in their Report on the Financial Statements (both Standalone and Consolidated) or by the Secretarial Auditor in his Secretarial Audit Report for the financial year ended March 31, 2026.