Event Details

The 43rd Annual General Meeting (AGM) of Omax Autos Limited was held on Saturday, August 29, 2026, at 11:00 AM through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting commenced at 11:00 AM and concluded at 12:05 PM (including time allowed for e-voting at AGM), lasting 65 minutes total.

Meeting Venue and Format

The AGM was conducted through video conferencing in compliance with Circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI). The proceedings were deemed to be conducted at the Registered Office of the Company situated at Plot No-B-26, Institutional Area, Sector-32, Gurugram, Haryana.

Attendance

Directors Present:

  • Mr. Bharat Kaushal, Chairman & Independent Director
  • Mr. Jatendar Kumar Mehta, Vice Chairman and Managing Director
  • Mr. Tavinder Singh, Whole-Time Director
  • Mr. Devashish Mehta, Managing Director
  • Mr. Nipun Khurana, Independent Director, Chairman of the Audit Committee
  • Mr. Ram Kumar Chugh, Independent Director, Chairman of the Nomination & Remuneration Committee and Stakeholders Relationship Committee
  • Mr. Nikhel Kochhar, Non Independent Director
  • Ms. Nadira Chaturvedi, Independent Director

Key Managerial Personnel in Attendance:

  • Ms. Kannu Sharma, Company Secretary
  • Mr. Sanjeev Kashyap, Chief Financial Officer

Other Attendees:

  • Mr. Deepak Gupta - M/s. DR Associates, Scrutinizer & Secretarial Auditor
  • Mr. Manish Kumar - M/s BGJC & Associates, Statutory Auditor
  • Mr. Neeraj Kumar - M/s JSN & Co., Cost Auditor of the Company

Members Present: 90 members attended through VC/OAVM

Document Distribution

Electronic copies of AGM Notice and Annual Report for financial year 2025-26 were sent to all members whose email addresses were registered/available with the Company/its Registrar and Share Transfer Agent (MUFG Intime India Private Limited) or Depository Participants. Physical copies were dispatched to members who requested them. Documents were also available on company websites and stock exchange websites.

Scrutinizer Appointment

Mr. Deepak Gupta, Partner, M/s. DR Associates, Practicing Company Secretaries, was appointed as Scrutinizer to scrutinize votes cast through remote e-voting platform and e-voting during the AGM.

Voting Arrangements

The Company availed services of MUFG Intime India Private Limited to provide facility for voting by electronic means (E-voting) both through remote E-voting & E-voting during the AGM.

Business Transacted

Ordinary Business:

1. Receipt, consideration and adoption of Audited Financial Statements for financial year ended 31st March, 2026 together with Reports of Auditors' and Board of Directors' thereon

2. Declaration of dividend on equity shares for financial year ended 31st March, 2026

3. Appointment of Director in place of Mr. Nikhel Kochhar (DIN: 01021382) who retires by rotation and offers himself for re-appointment

4. Appointment of Director in place of Mr. Tavinder Singh (DIN: 01175243) who retires by rotation and offers himself for re-appointment

Special Business:

5. Ratification of remuneration of M/s. JSN & Co., Cost Auditors for financial year 2026-27

6. Re-appointment of Mr. Nipun Khurana (DIN: 01045301) as an Independent Director

7. Approval of re-appointment of Mr. Devashish Mehta as Whole-Time Director and approval of his remuneration

8. Revision in remuneration of Mr. Devashish Mehta (DIN: 07175812), Managing Director

Meeting Proceedings

Mr. Bharat Kaushal delivered a speech highlighting strong operational and financial performance achieved during FY 2025-26. Members' queries were addressed by management, who expressed satisfaction with company performance. E-voting facility remained open for 30 minutes during the meeting for members to cast votes.

Outcome

The Scrutinizer was requested to submit Consolidated Scrutinizer's Report within prescribed time, after which the Chairman will declare results of voting on resolutions.