Event Overview

Palash Securities Limited held its 12th Annual General Meeting (AGM) on Wednesday, August 5, 2026 at 11:00 a.m. (IST) through two-way Video Conference/Other Audio Visual Means (VC/OAVM). The meeting was conducted to transact business as stated in the AGM Notice dated May 15, 2026. All items of business were passed by members with requisite majority, and the proceedings were live webcast.

Voting Details and Results

General Voting Information

  • Cut-off date for shareholder eligibility: July 29, 2026
  • Total number of shareholders as on cut-off date: 8,215
  • Shareholder attendance through VC/OAVM:
  • Promoters & Promoter Group: 16 shareholders
  • Public: 22 shareholders
  • No physical meeting or proxy arrangement was made as the meeting was held virtually

Resolution 1: Adoption of Financial Statements

  • Nature: Ordinary Resolution
  • Purpose: To receive, consider and adopt:
  • Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
  • Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of Auditors
  • Voting Results:
  • Total votes polled: 7,349,361 shares (73.47% of outstanding shares)
  • Votes in favor: 7,338,361 shares (99.85%)
  • Votes against: 11,000 shares (0.15%)
  • Number of shareholders voting: 54 (53 assent, 1 dissent)

Resolution 2: Re-appointment of Director

  • Nature: Ordinary Resolution
  • Purpose: To appoint a Director in place of Ms. Shalini Nopany (DIN: 00077299), who retires by rotation and offered herself for re-appointment
  • Voting Results:
  • Total votes polled: 7,316,468 shares (73.14% of outstanding shares)
  • Votes in favor: 7,305,468 shares (99.85%)
  • Votes against: 11,000 shares (0.15%)
  • Number of shareholders voting: 52 (51 assent, 1 dissent)

Resolution 3: Appointment of Statutory Auditors

  • Nature: Ordinary Resolution
  • Purpose: To appoint and fix the remuneration of Statutory Auditors for a term of 5 consecutive years from conclusion of 12th AGM till conclusion of 17th AGM
  • Voting Results:
  • Total votes polled: 7,349,361 shares (73.47% of outstanding shares)
  • Votes in favor: 7,338,361 shares (99.85%)
  • Votes against: 11,000 shares (0.15%)
  • Number of shareholders voting: 54 (53 assent, 1 dissent)

Scrutinizer's Report Details

  • Scrutinizer: Mohan Ram Goenka, Company Secretary in Practice (FCS No. 4515, CP No. 2551)
  • Appointment: By Board of Directors of Palash Securities Limited
  • Voting Period: Remote e-voting was open from Saturday, August 1, 2026 (9:00 A.M.) till Tuesday, August 4, 2026 (5:00 P.M.)
  • Voting Platform: National Securities Depository Limited (NSDL)
  • Voting Method: 54 members cast votes through remote e-voting facility; no votes were cast through e-voting on the day of AGM
  • Verification: Votes were unblocked in presence of two witnesses as prescribed under Rule 20 of Companies (Management and Administration) Rules, 2014

Availability of Documents

  • Voting results and Scrutinizer's Report are available on company website: www.birla-sugar.com
  • Also available on websites of NSDL, NSE, BSE, and on Notice Board at Registered Office