Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Prataap Snacks Limited

Meeting Details

The 17th Annual General Meeting was held on Thursday, September 24, 2026 at 3:30 P.M. IST through Video Conferencing/Other Audio Visual Means (VC/OAVM).

Record Date: September 18, 2026

Total Shareholders on Record Date: 12,767

Shareholders Present in Person or Through Proxy: Nil

Shareholders Attended via Video Conferencing: 52 (Promoter and Promoter Group: 9, Public: 43)

Proposed Resolutions and Implications

Seven resolutions were proposed and passed at the meeting:

1. Ordinary Resolution: Adoption of Audited Financial Statements for FY ended March 31, 2026 and Reports of Board of Directors and Auditor

2. Ordinary Resolution: Declaration of dividend of ₹0.50 per equity share (10% of face value of ₹5.00 each) for FY ended March 31, 2026

3. Ordinary Resolution: Re-appointment of Mr. Apoorva Kumat (DIN: 02630764) as Director

4. Ordinary Resolution: Re-appointment of M/s B S R & Co. LLP, Chartered Accountants (Firm Registration No. 101248W/W-100022) as Statutory Auditors for second term of five consecutive years

5. Special Resolution: Re-appointment of Mr. Amit Kumat as Managing Director and Chief Executive Officer

6. Special Resolution: Re-appointment of Mr. Apoorva Kumat as Chairman and Executive Director (Operations)

7. Special Resolution: Payment of remuneration to Independent Directors in case of no profit or inadequate profit

Voting Process and Methods

Voting was conducted through:

  • Remote e-voting: Available from Monday, September 21, 2026 at 9:00 A.M. to Wednesday, September 23, 2026 at 5:00 P.M.
  • E-voting at AGM: Available for members who attended through VC/OAVM and didn't cast votes by remote e-voting

The voting process was managed by Central Depository Services (India) Limited (CDSL).

Key Voting Outcomes

Overall Participation

  • Total Outstanding Shares: 23,929,955
  • Total Votes Cast Across All Resolutions: 13,742,245 shares (57.4269% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Adoption of Financial Statements):

  • Total Votes: 13,742,245 shares (57.4269% participation)
  • Votes in Favor: 13,742,238 shares (99.9999%)
  • Votes Against: 7 shares (0.0001%)

Resolution 2 (Dividend Declaration):

  • Total Votes: 13,742,245 shares (57.4269% participation)
  • Votes in Favor: 13,742,238 shares (99.9999%)
  • Votes Against: 7 shares (0.0001%)

Resolution 3 (Re-appointment of Apoorva Kumat as Director):

  • Total Votes: 12,116,511 shares (50.6332% participation)
  • Votes in Favor: 12,116,504 shares (99.9999%)
  • Votes Against: 7 shares (0.0001%)

Resolution 4 (Re-appointment of Auditors):

  • Total Votes: 13,742,245 shares (57.4269% participation)
  • Votes in Favor: 13,742,238 shares (99.9999%)
  • Votes Against: 7 shares (0.0001%)

Resolution 5 (Re-appointment of Amit Kumat as MD & CEO):

  • Total Votes: 12,116,511 shares (50.6332% participation)
  • Votes in Favor: 12,116,504 shares (99.9999%)
  • Votes Against: 7 shares (0.0001%)

Resolution 6 (Re-appointment of Apoorva Kumat as Chairman):

  • Total Votes: 12,116,511 shares (50.6332% participation)
  • Votes in Favor: 12,116,504 shares (99.9999%)
  • Votes Against: 7 shares (0.0001%)

Resolution 7 (Remuneration to Independent Directors):

  • Total Votes: 13,742,245 shares (57.4269% participation)
  • Votes in Favor: 13,741,899 shares (99.9974%)
  • Votes Against: 346 shares (0.0025%)

Category-wise Voting Breakdown:

Promoter and Promoter Group (14,074,304 shares):

  • Highest participation: 93.4166% on Resolutions 1, 2, 4, and 7
  • Lowest participation: 81.8655% on Resolutions 3, 5, and 6
  • 100% votes in favor on all resolutions

Public Institutions (2,947,905 shares):

  • Participation: 9.1384% across all resolutions
  • 100% votes in favor on all resolutions

Public Non-Institutions (6,907,746 shares):

  • Participation: 4.7064% across all resolutions
  • Nearly 100% votes in favor, with minor opposition (7 shares against on most resolutions, 346 shares against on Resolution 7)

Invalid Votes:

Zero invalid votes across all shareholder categories and all resolutions.

Scrutinizer's Role and Findings

Ritesh Gupta & Co., Practising Company Secretaries, was appointed as Scrutinizer on August 1, 2026. The scrutinizer's responsibilities included:

  • Scrutinizing the remote e-voting process and e-voting through electronic system
  • Ensuring compliance with Section 108 of the Companies Act, 2013 and relevant rules
  • Following MCA circulars regarding voting procedures
  • Making a consolidated report of total votes cast for and against each resolution

The scrutinizer's report dated September 25, 2026 confirmed:

  • Remote e-voting period: September 21-23, 2026
  • Votes were unblocked in the presence of two witnesses (Ms. Pari Jain and Ms. Mansi Raja) at 5:03 PM after the AGM
  • All voting data was downloaded from CDSL's official website
  • The scrutinizer maintains electronic records of all votes cast

Compliance Confirmation

The voting process and results declaration comply with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • Relevant MCA circulars regarding e-voting procedures

Additional Information

The company's registered office is at Khasra No. 378/2, Nemawar Road, Near Makrand House, Palda, Indore – 452020, Madhya Pradesh.