Paul Merchants 42nd AGM All Resolutions Passed

Event Details

The Company's 42nd AGM for the Financial Year 2025-26 was held on Friday, September 18, 2026, at 12:00 PM IST. The meeting was conducted through Video Conferencing (VC)/ Other Audio Visual Means (OAVM) in compliance with MCA General Circular No. 03/2025 dated September 22, 2025, and its earlier circulars. The deemed venue was the Registered Office of the Company.

Scrutinizer Appointment

Mr. Kanwaljit Singh, Practicing Company Secretary (FCS 5901, CP 5870), was appointed as the Scrutinizer to scrutinize the e-voting process (remote e-voting and e-voting during the AGM) pursuant to Section 108 of the Companies Act, 2013 and relevant rules.

Voting Process

• The notice for the AGM was dated August 12, 2026, and sent to shareholders electronically.
• Remote e-voting was facilitated by Central Depository Services (India) Limited (CDSL) from September 15, 2026 (9:00 AM) to September 17, 2026 (5:00 PM).
• The cut-off date for determining voting entitlement was September 11, 2026.
• E-voting during the AGM was available for members who had not voted remotely and were attending the meeting.
• The results were unblocked by the Scrutinizer on September 18, 2026, in the presence of two independent witnesses.

Voting Results

All four resolutions were passed with the requisite majority.

Ordinary Business

1. Item No. 1: Adoption of Audited Standalone Financial Statements for FY 2025-26

• Total Valid Votes: 75 members representing 2,312,158 shares/votes.
• Votes in Favor: 65 members representing 2,312,133 shares/votes (99.999% of valid votes).
• Votes Against: 10 members representing 25 shares/votes (0.001% of valid votes).
• Invalid Votes: None reported.

2. Item No. 2: Adoption of Audited Consolidated Financial Statements for FY 2025-26

• Total Valid Votes: 75 members representing 2,312,158 shares/votes.
• Votes in Favor: 65 members representing 2,312,133 shares/votes (99.999% of valid votes).
• Votes Against: 10 members representing 25 shares/votes (0.001% of valid votes).
• Invalid Votes: None reported.

3. Item No. 3: Re-appointment of Mr. Ritesh Vaid (DIN: 09433856) as Director

• Total Valid Votes: 75 members representing 2,312,158 shares/votes.
• Votes in Favor: 64 members representing 2,312,130 shares/votes (99.999% of valid votes).
• Votes Against: 11 members representing 28 shares/votes (0.001% of valid votes).
• Invalid Votes: Not quantified in the disclosure.

Special Business

4. Item No. 4: Re-appointment of Mr. Ritesh Vaid as Designated Whole Time Director

• Total Valid Votes: 75 members representing 2,312,158 shares/votes.
• Votes in Favor: 64 members representing 2,312,130 shares/votes (99.999% of valid votes).
• Votes Against: 11 members representing 28 shares/votes (0.001% of valid votes).
• Invalid Votes: Not quantified in the disclosure.

Document Submission

The report was submitted to BSE Limited by Mr. Hardam Singh, Company Secretary cum Compliance Officer (FCS-5046), on September 19, 2026.