Event Details

Palash Securities Limited held its 12th Annual General Meeting (AGM) on Wednesday, August 5, 2026 at 11:00 AM IST. The meeting was conducted virtually through two-way Video Conference/Other Audio Visual Means (VC/OAVM) facility provided on Zoom platform by NSDL, without physical presence of members, in compliance with MCA and SEBI circulars.

Meeting Duration and Attendance

The AGM commenced at 11:00 AM and concluded at 11:30 AM IST, including 15 minutes of e-voting. A total of 38 members attended the meeting virtually.

Chairperson and Attendees

Ms. Shalini Nopany, Chairperson of the Company, chaired the meeting. Other attendees included:

  • Directors of the Company
  • Chief Financial Officer
  • Vikram Kumar Mishra, Company Secretary (FCS: 11269)
  • Mr. Chetan Nathani, representing M/s. Agrawal Subodh & Co., Statutory Auditors
  • Mr. Mohan Ram Goenka (FCS 4515, CP No 2551), Practising Company Secretary representing M/s. M R & Associates, Secretarial Auditor and Scrutinizer

Business Transacted

All items of business contained in the AGM Notice dated May 15, 2026 were transacted and passed by members with requisite majority:

1. Approval of Financial Statements

  • Audited Standalone Financial Statements for financial year ended March 31, 2026 together with Reports of Board of Directors and Auditors
  • Audited Consolidated Financial Statements for financial year ended March 31, 2026 together with Report of Auditors
  • No qualifications or comments in the Auditors' Report

2. Re-appointment of Director (Ordinary Resolution)

  • Appointment of Ms. Shalini Nopany (DIN: 00077299) who retires by rotation and offered herself for re-appointment
  • Due to her interest in this item, Mr. Suraj Kumar Agrawal, Managing Director, chaired this specific resolution

3. Appointment of Statutory Auditors (Ordinary Resolution)

  • Appointment of M/s. Singhi & Co., Chartered Accountants (Firm Registration No: 302049E)
  • Term: 5 consecutive years from conclusion of 12th AGM until conclusion of 17th AGM
  • Remuneration to be fixed

Voting Process

The company provided e-voting facility to members:

  • Remote e-voting period: August 1, 2026 (9:00 AM IST) to August 4, 2026 (5:00 PM IST)
  • E-voting during AGM: Available for members who hadn't voted remotely, open for 15 minutes after meeting closure
  • Mr. Mohan Ram Goenka appointed as Scrutinizer to scrutinize e-voting process

Disclosure Requirements

The summary is submitted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Post-AGM Actions

Consolidated results of remote e-voting and e-voting at AGM, along with Scrutinizer's Report, will be:

  • Published on company's website
  • Uploaded on websites of NSDL, NSE, and BSE
  • Displayed on Notice Board at Registered Office
  • Within two working days of AGM conclusion

Financial Performance Disclosure

The Chairperson apprised members about company performance during FY ended March 31, 2026 and future outlook through her speech, though specific financial figures were not quantified in this disclosure.

#Tags: #PalashSecurities #AGM #SEBIRegulation30 #CorporateGovernance #Neutral