Meeting Details

The 31st Annual General Meeting was held on Saturday, September 5, 2026 at 11:00 A.M. IST through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The meeting concluded at 12:25 P.M. IST.

Attendance

Directors Present:

  • Mr. Devendra Raj Mehta (Non-Executive Non-Independent Director) - Chairperson
  • Mr. Jugal Kishore Baid (Non-Executive Non-Independent Director)
  • Mr. Himanshu Baid (Managing Director)
  • Mr. Rishi Baid (Joint Managing Director)
  • Mr. Vishal Baid (Executive Director)
  • Mr. Pankaj Kumar Gupta (Executive Director)
  • Mr. Alessandro Balboni (Non-Executive Non-Independent Director)
  • Mr. Amit Khosla (Non-Executive Independent Director)
  • Mr. Vimal Bhandari (Non-Executive Independent Director)
  • Ms. Sonal Mattoo (Non-Executive Independent Director)

Other Attendees:

  • Mr. Naresh Vijayvergiya (Chief Financial Officer)
  • Mr. Rahul Gautam (President, Strategy and Corporate Development)
  • Mr. Madhusudan Amarwal (Statutory Auditor, M/s Doogar & Associates)
  • Mr. Nishant Bhansali (Internal Auditor, Oswal Sunil & Company)
  • Mr. Puneet Sethi (Internal Auditor, Price WaterHouse Coopers Pvt. Ltd)
  • Mr. Pawan Kumar Mishra (Secretarial Auditor, M/s P. K. Mishra & Co.)
  • Mr. Avinash Chandra (Company Secretary)

Member Attendance:

  • Total members present through VC: 91 (4 Promoter/Promoter Group, 87 Public)
  • No members attended in person or through proxy

Key Proceedings

  • The meeting was chaired by Shri Devendra Raj Mehta
  • The Company Secretary introduced all Directors, Key Managerial Personnel, and Auditors
  • Members were informed that the AGM was conducted in accordance with MCA and SEBI circulars
  • The Statutory Auditor's Report and Secretarial Audit Report for FY26 had no qualifications, observations, or adverse comments
  • The Managing Director addressed members about company performance and shared a presentation
  • Members who registered as speakers were invited to ask queries, which were addressed by management

Voting Arrangements

  • Remote e-voting facility was provided through NSDL from September 2, 2026 (9:00 AM) to September 4, 2026 (5:00 PM)
  • E-voting facility was also available during the AGM for members who hadn't voted remotely
  • Mr. Pawan Kumar Mishra of M/s. P. K. Mishra & Associates was appointed as Scrutinizer
  • Detailed voting results will be submitted to stock exchanges and uploaded on company website within two working days

Agenda Items Approved

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 with Board of Directors and Auditors reports (Ordinary Resolution)

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 with Auditors report (Ordinary Resolution)

3. Declaration of dividend on Equity Shares for financial year ended March 31, 2026 (Ordinary Resolution)

4. Appointment of Mr. Rishi Baid (DIN: 00048585) who retires by rotation (Ordinary Resolution)

5. Re-appointment of Mr. Devendra Raj Mehta (DIN: 01067895) as Non-Executive Non-Independent Director who has attained age of 75 years (Special Resolution)

Special Business:

6. Reappointment and approval of remuneration payable to M/s. Jai Prakash & Company, Cost Accountants, as Cost Auditor of the Company (Ordinary Resolution)

Additional Information

  • The Company Secretary, Mr. Avinash Chandra (M. No. A32270), was authorized to receive the Scrutinizer's report and announce results
  • The meeting concluded with a vote of thanks to the Chair

#Tags: #PolyMedicure #AGM #SEBIDisclosure #RegulatoryCompliance #CorporateGovernance #Neutral