Meeting Details

The 38th Annual General Meeting of Orient Press Limited was held on Monday, September 28, 2026, at 11:30 AM through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting was deemed to have been held at the Registered Office of the Company at L-31, M.I.D.C., Tarapur Industrial Area, Boisar 401506, Dist. Palghar, Maharashtra, India.

Proposed Resolutions and Implications

The AGM considered eight resolutions:

1. Ordinary Resolution: Adoption of Audited Financial Statements for FY ended March 31, 2026, with Board's Report and Auditors' Report

2. Ordinary Resolution: Appointment of Mr. Raiaram Maheshwari as Director retiring by rotation

3. Ordinary Resolution: Ratification of remuneration of Cost Auditors for FY ending March 31, 2027

4. Special Resolution: Re-appointment of Mr. Ramvilas Maheshwari as Managing Director

5. Special Resolution: Re-appointment of Mr. Raiaram Maheshwari as Whole-Time Director

6. Ordinary Resolution: Re-appointment of Mr. Prakash Maheshwari as Whole-Time Director

7. Special Resolution: Payment of remuneration to Executive Directors (Promoters) in excess of 5% of net profits as per SEBI LODR Regulation 17(6)(e)(ii)

8. Special Resolution: Sale, transfer, lease or otherwise dispose of whole Land and Building of factory at Plot No. G-73, M.I.D.C. Tarapur Industrial Area, Boisar

Voting Process and Methods

The voting was conducted exclusively through electronic means:

  • Remote e-voting period: September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)
  • E-voting at AGM: September 28, 2026 (after 11:30 AM)
  • Cut-off date for voting eligibility: September 21, 2026
  • No physical polling or postal ballot was conducted
  • The e-voting facility was provided by Central Depository Services (India) Ltd (CDSL)

Key Voting Outcomes

Overall Participation

  • Total shares outstanding: 10,000,000
  • Total votes cast: 8,186,404 (81.864% of paid-up capital)
  • Number of members who voted: 72
  • All voting was done through remote e-voting; no votes were cast during the AGM

Resolution-wise Results (All resolutions passed unanimously):

Resolution 1 (Ordinary) - Financial Statements Adoption

  • Votes in favor: 8,186,404 (100%)
  • Votes against: 0 (0%)

Resolution 2 (Ordinary) - Director Appointment

  • Votes in favor: 8,186,404 (100%)
  • Votes against: 0 (0%)

Resolution 3 (Ordinary) - Cost Auditor Remuneration

  • Votes in favor: 8,186,404 (100%)
  • Votes against: 0 (0%)

Resolution 4 (Special) - Managing Director Re-appointment

  • Votes in favor: 8,186,404 (100%)
  • Votes against: 0 (0%)

Resolution 5 (Special) - Whole-Time Director Re-appointment

  • Votes in favor: 8,186,404 (100%)
  • Votes against: 0 (0%)

Resolution 6 (Ordinary) - Whole-Time Director Re-appointment

  • Votes in favor: 8,186,404 (100%)
  • Votes against: 0 (0%)

Resolution 7 (Special) - Executive Director Remuneration

  • Votes in favor: 8,186,404 (100%)
  • Votes against: 0 (0%)

Resolution 8 (Special) - Asset Disposal

  • Votes in favor: 8,186,404 (100%)
  • Votes against: 0 (0%)
  • Public shareholder votes in favor: 834,227 (100%)
  • Public shareholder votes against: 0 (0%)
  • Number of public shareholders voting: 48

Shareholder Category Breakdown

  • Promoter & Promoter Group shares: 7,383,777 (73.83777%)
  • Public Institution shares: 750 (0.0075%)
  • Public Other shares: 2,602,073 (26.02073%)
  • Promoter voting participation: 7,352,177 votes (99.3917% of promoter shares)
  • Public Other voting participation: 834,227 votes (32.0601% of public other shares)
  • Public Institutions: No votes cast

Scrutinizer's Role and Findings

Mr. Vinod Kumar Mandawaria, Practicing Company Secretary (FCS-2209), was appointed as scrutinizer. His responsibilities included:

  • Scrutinizing the e-voting process provided by CDSL
  • Ensuring fair and transparent voting through electronic means
  • Preparing a consolidated report of votes cast for/against resolutions

Key Findings:

  • No invalid votes were found
  • No e-voting was conducted during the AGM itself
  • All resolutions passed unanimously with 100% approval
  • The special resolution for asset disposal (Resolution 8) complied with Regulation 37A of SEBI LODR Regulations as public shareholder votes in favor exceeded votes against

Compliance Confirmation

The voting process and AGM conduct complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars regarding VC/OAVM meetings
  • Regulation 37A of SEBI LODR Regulations for related party transactions

Additional Information

  • The company's website: www.orientpressltd.com
  • No proxy appointments were allowed for this VC/OAVM meeting
  • Quorum requirements were satisfied through VC/OAVM participation as per Section 103 of Companies Act, 2013