Event Overview
The 25th Annual General Meeting (AGM) of O.P. Chains Limited was held on September 21, 2026, from 11:00 AM to 1:00 PM at the company's registered office in Agra. The meeting was convened pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.
Attendance Details
The record date for determining shareholders entitled to vote was September 14, 2026, with 52 shareholders on record.
Attendance breakdown:
- Promoter and Promoter Group: 2 attendees (1 in person, 1 through proxy/authorized representative)
- Public shareholders: 4 attendees (all in person)
- Total attendees: 6
- No video conference participation
Meeting Proceedings
The meeting commenced with the Company Secretary welcoming members and confirming quorum presence. Shri Ashok Kumar Goyal, Chairman of the Company, was absent due to unavoidable circumstances. Shri Moon Goyal, Director, was unanimously elected as Chairman of the Meeting.
The Annual Report containing Audited Financial Statements for the year ended March 31, 2026, Board's Report, Auditor's Report, and other attachments were taken as read since they had been previously circulated to members. The Company Secretary confirmed there were no qualifications, reservations, or adverse remarks in the Auditors' Report on the Financial Statements or the report of the Secretarial Auditor.
Voting Arrangements
Remote e-voting was conducted through Bigshare Services Private Limited from September 18, 2026 (9:00 AM) to September 20, 2026 (5:00 PM). Members who had not voted remotely could vote during the AGM through ballot paper, with the ballot voting facility remaining open until 15 minutes after meeting closure.
Mr. Ramesh Chandra Sharma, Proprietor of R.C. Sharma and Associates, Practicing Company Secretary (FCS No. 5524, CP No. 7957), was appointed as Scrutinizer for the meeting.
Resolutions Considered
The following seven resolutions were transacted:
Ordinary Business:
1. Adoption of audited financial statements for the year ended March 31, 2026, together with reports of the Board of Directors and auditors (Ordinary Resolution)
2. Re-appointment of Mr. Ashok Kumar Goyal (DIN: 00095313) as Director retiring by rotation under Section 152(6) of Companies Act, 2013 (Ordinary Resolution)
Special Business:
3. Regularization of Mr. Moon Goyal (DIN: 06831411) as Executive Non-Independent Director under Sections 152, 160, and 161 of Companies Act, 2013 (Ordinary Resolution)
4. Regularization of Mrs. Swapnla Gupta (DIN: 08213774) as Independent Director under Sections 149, 152, 160, 161 and other applicable provisions (Ordinary Resolution)
5. Regularization of Mrs. Praneeta Varshney (DIN: 10347536) as Independent Director under Sections 149, 152, 160, 161 and other applicable provisions (Ordinary Resolution)
6. Appointment of Mr. Moon Goyal (DIN: 06831411) as Whole-Time Director under Sections 149, 152, 160, 161 and other applicable provisions (Ordinary Resolution)
7. Re-appointment of Mr. Satish Kumar Goyal (DIN: 00095295) as Managing Director for a further term of 5 years under Sections 196, 197, 198, 203 and other applicable provisions (Ordinary Resolution)
Results Disclosure
The combined results of remote e-voting and voting during the AGM will be announced and displayed on the company's website and submitted to stock exchanges within two working days of meeting conclusion. Results will also be uploaded on the website of Bigshare Services Private Limited.
Meeting Closure
The meeting concluded at 1:00 PM after being open for 15 minutes for voting. The Chairman thanked all participants and expressed wishes for health and safety in the coming year.