Meeting Details

The 15th Annual General Meeting of Parvati Sweetners And Power Limited was held on Tuesday, 29th September, 2026 at 11:30 A.M. (IST) and concluded at 11:56 A.M. (IST) through Video Conferencing or Other Audio Video Means (OAVM). The deemed venue was the corporate/registered office at H. No.-A/6, Second Floor, J K Town Banjari, Kolar Road, Bhopal (M.P.) 462042.

Attendance

Total members on cut-off date (22nd September, 2026): 14,159 members

Members present through VC: 33 members

Quorum requirement: Minimum 30 members

Key Attendees

  • Smt. Poonam Chouksey (Chairman and Managing Director)
  • Shri Anupam Chouksey (Executive Director)
  • Ms. Pooja Shree Chouksey (Non Executive - Non Independent Director)
  • Shree Kuldeep Mudgal (Independent Director-Chairman of Stakeholders Relationship Committee)
  • Shree Vineet Richariya (Independent Director-Chairman of Nomination and Remuneration Committee)
  • Shree Rakesh Singh Dhakare (Independent Director-Chairman of Audit Committee)
  • Smt. Shweta Chouksey (Chief Financial Officer)
  • Mrs. Khadija Husain (Company Secretary & Compliance Officer)
  • M/s. BANCR SAND CO LLP, Chartered Accountants (Statutory Auditors)
  • CS Piyush Bindal (Scrutinizer and Secretarial Auditor)
  • CMA Sanjay Kashiwal (Cost Auditors)

Proceedings Summary

Mrs. Poonam Chouksey, Chairman, delivered the welcome address covering company's future plans, current and capacity developments of plants, and performance for Financial Year 2025-26.

Mrs. Khadija Husain conducted the formal business proceedings, confirming that:

  • Notice was emailed to shareholders with registered email addresses
  • Statutory registers were available electronically for inspection
  • Proxy appointment facility was not applicable for VC meeting
  • No qualifications, reservations, adverse remarks or disclaimers in Auditor's Report and Secretarial Audit Report
  • Remote e-voting period: 26th September (9:00 AM) to 28th September (5:00 PM) 2026
  • E-voting during AGM was available for members who hadn't voted remotely
  • CS Piyush Bindal appointed as Scrutinizer
  • 4 requests received from shareholders to register as speakers, but no speakers available

Voting Results

All resolutions passed with near-unanimous approval:

Resolution 1: Adoption of Audited Standalone Financial Statements for FY 2025-26

  • Votes in favor: 112,531,970 (99.9979%)
  • Votes against: 2,336 (0.0021%)
  • Invalid votes: 0

Resolution 2: Re-appointment of Ms. Pooja Shree Chouksey as Director

  • Votes in favor: 62,831,909 (99.9963%)
  • Votes against: 2,336 (0.0037%)
  • Invalid votes: 49,700,061

Resolution 3: Ratification of Cost Auditor Remuneration for FY 2026-27

  • Remuneration: ₹30,000 per annum plus taxes & reimbursement of out-of-pocket expenses
  • Cost Auditor: M/s. Sanjay Kasliwal & Associates, Cost Accountants (FRN No.: 100888)
  • Votes in favor: 112,531,970 (99.9979%)
  • Votes against: 2,336 (0.0021%)
  • Invalid votes: 0

Resolution 4: Acquisition of 51% Equity Stake in Vedshree Food Industries Private Limited

  • Target: M/s Vedshree Food Industries Private Limited (CIN: U10611MP2024PTC071996)
  • Shares: 5,100 equity shares of face value ₹10 each
  • Total consideration: ₹6,00,00,000 (Six Crore Rupees)
  • Votes in favor: 110,152,480 (99.9979%)
  • Votes against: 2,336 (0.0021%)
  • Invalid votes: 2,379,490

Resolution 5: Re-appointment and Remuneration of Mrs. Poonam Chouksey as Managing Director

  • Term: 3 years
  • Remuneration structure based on company profits:
  • Negative or less than ₹5 Crores: ₹60 Lakhs
  • ₹5 Crore & above but less than ₹100 Crores: ₹84 Lakhs
  • ₹100 Crores & above but less than ₹250 Crores: ₹120 Lakhs
  • ₹250 Crores & above: ₹120 Lakhs plus 0.01% of effective capital in excess of ₹250 Crores
  • Votes in favor: 109,669,501 (99.9979%)
  • Votes against: 2,336 (0.0021%)
  • Invalid votes: 2,862,169