Meeting Details

  • Meeting Type: 37th Annual General Meeting (AGM)
  • Date: Monday, July 20, 2026
  • Time: 5:00 PM to 5:50 PM (IST)
  • Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM) without physical presence
  • Cut-off Date: Monday, July 13, 2026 (for shareholder eligibility)

Voting Process and Methods

The voting was conducted in compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 and 21 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Various MCA Circulars (03/2025, 09/2024, 09/2023, 10/2022, 20/2020, 14/2020, 17/2020)
  • SEBI circulars providing regulatory relaxations

Remote e-voting period: Friday, July 17, 2026 (10:00 AM) to Sunday, July 19, 2026 (5:00 PM) through NSDL

E-voting at meeting: Additional facility provided for shareholders attending the VC/OAVM meeting who hadn't voted remotely

Scrutinizer: Mr. Jayant K Sood (FCS-4482 & CP No.-22410), Proprietor of Jayant Sood & Associates, Practicing Company Secretaries, appointed on May 14, 2026

Resolution Details and Voting Outcomes

Resolution 1: Ordinary Resolution

Description: To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2026, including the Reports of the Board of Directors and Auditors thereon.

Voting Results:

  • Total votes cast: 39,792,199
  • Votes in favor: 39,792,199 (100.00%)
  • Votes against: 0 (0.00%)
  • Number of members voted: 419

Category-wise Breakdown:

  • Promoter & Promoter Group: 23,191,208 votes (100% in favor)
  • Public Institutions: 11,228,669 votes (100% in favor, 93.43% turnout)
  • Public Non-Institutions: 5,372,361 votes (99.9993% in favor, 48.95% turnout)

Result: PASSED

Resolution 2: Ordinary Resolution

Description: To appoint a director in place of Mr. Pulkit Seth (DIN: 00003044), who retires by rotation and being eligible, offers himself for re-appointment.

Voting Results:

  • Total votes cast: 39,804,875
  • Votes in favor: 38,982,594 (97.93%)
  • Votes against: 822,281 (2.07%)
  • Number of members voted: 424 (415 in favor, 9 against)

Category-wise Breakdown:

  • Promoter & Promoter Group: 23,191,208 votes (100% in favor)
  • Public Institutions: 11,241,306 votes (92.69% in favor, 7.31% against, 93.53% turnout)
  • Public Non-Institutions: 5,372,361 votes (99.9989% in favor, 0.0011% against, 48.95% turnout)

Result: PASSED

Resolution 3: Special Resolution

Description: Appointment of Mr. Rajesh Kumar Singh (DIN: 11690324) as an Independent Director of the Company.

Voting Results:

  • Total votes cast: 39,804,875
  • Votes in favor: 39,804,816 (99.9999%)
  • Votes against: 59 (0.0001%)
  • Number of members voted: 423 (419 in favor, 4 against)

Category-wise Breakdown:

  • Promoter & Promoter Group: 23,191,208 votes (100% in favor)
  • Public Institutions: 11,241,306 votes (100% in favor, 93.53% turnout)
  • Public Non-Institutions: 5,372,361 votes (99.9989% in favor, 0.0011% against, 48.95% turnout)

Result: PASSED

Resolution 4: Ordinary Resolution

Description: To approve the material related party transactions between Pearl Global Industries FZCO, a Wholly Owned Subsidiary Company and Norp Knit Industries Limited, a Subsidiary Company.

Note: Promoters and Promoter Group were interested in this resolution and did not vote.

Voting Results:

  • Total votes cast: 11,580,050
  • Votes in favor: 11,579,986 (99.9994%)
  • Votes against: 64 (0.0006%)
  • Number of members voted: 416 (411 in favor, 5 against)

Category-wise Breakdown:

  • Promoter & Promoter Group: 0 votes (did not participate)
  • Public Institutions: 11,241,306 votes (100% in favor, 93.53% turnout)
  • Public Non-Institutions: 338,744 votes (99.9811% in favor, 0.0189% against, 3.09% turnout)

Result: PASSED

Participation Statistics

  • Shareholders present through video conferencing: 123 (2 Promoters, 121 Public)
  • Shareholders present in person or through proxy: 0
  • Total resolutions passed: 4
  • Invalid votes across all resolutions: 0

Scrutinizer's Role and Findings

Mr. Jayant K Sood was responsible for scrutinizing both the remote e-voting prior to the AGM and the e-voting during the AGM. His responsibilities included:

  • Reviewing votes cast based on data downloaded from the NSDL e-voting system
  • Ensuring voting rights were proportional to shareholding as of the cut-off date (July 13, 2026)
  • Counting split votes appropriately (counted only once for presence under 'Assent')
  • Submitting a consolidated report of the voting results

The scrutinizer confirmed that all resolutions were passed with requisite majority and found no invalid votes across any shareholder category.

Compliance Confirmation

The document confirms compliance with:

  • Companies Act, 2013 and relevant rules
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars regarding virtual meetings
  • All applicable regulatory requirements for e-voting and shareholder meetings

Additional Information

  • Company CIN: L74899HR1989PLC140150
  • Scrutinizer's report issued on: July 21, 2026