Meeting Details
- Date: 26th September, 2026
- Time: 12:00 noon to 12:52 PM (IST)
- Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
- Type of Meeting: 24th Annual General Meeting
- Cut-off Date: 19th September, 2026 for determining shareholders entitled to vote
Voting Process and Methods
The company provided e-voting facilities through MUFG Intime India Pvt. Limited (formerly Link Intime India Pvt. Ltd.).
- Remote E-voting Period: Wednesday, September 23, 2026 (9:00 AM IST) to Friday, September 25, 2026 (5:00 PM IST)
- Voting During AGM: E-voting facility remained open for 15 minutes after the meeting concluded
- Scrutinizer Appointment: M/s. TNT & Associates, Practicing Company Secretary, Vadodara was appointed to scrutinize the remote e-voting process
- Voting Method: Electronic voting only - no voting by show of hands
Shareholder Participation and Quorum
- Total Shareholders: 62,494 as of cut-off date (19.09.2026)
- Total Equity Shares: 8,39,26,350
- Members Present: 52 members present through VC (including representatives)
- Quorum Status: Confirmed as valid per MCA circulars and Section 103 of Companies Act, 2013
Resolutions Proposed
The following eight resolutions were put to vote:
Ordinary Business (4 Resolutions)
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 Board of Directors and Auditors reports - Ordinary Resolution
3. Reappointment of Mr. Vijay Ramanlal Sanghavi (DIN: 00495922) who retires by rotation - Ordinary Resolution
4. Reappointment of M/s. Pankaj R Shah & Associates as Statutory Auditors for second term of 5 consecutive years - Ordinary Resolution
Special Business (4 Resolutions)
5. Ratification of remuneration payable to Cost Auditor for FY 2026-2027 - Ordinary Resolution
6. Increase Borrowing Limits from ₹900 Crores to ₹1500 Crores or aggregate of paid-up capital and free reserves, whichever is higher - Special Resolution
7. Creation of Mortgage, Charge and hypothecation on Movable and/or Immovable Properties (present and future) for borrowings - Special Resolution
8. Appointment of Mrs. Seema Sanghavi (DIN: 11046663) as Whole-time Director (Executive Director) - Special Resolution
Management Presentations and Updates
Managing Director Mr. Vijay Sanghavi addressed shareholders on:
- Financial Performance of the company
- Upcoming CCL Project - Import Substitution Initiative
- Brownfield Project - Strategic Acquisitions
- Phase-II Capex Expansion in Organic Growth of the Company
Compliance and Regulatory References
The meeting was conducted in compliance with:
- MCA General Circulars: No. 14/2020 (08.04.2020), 02/2021 (13.01.2021), 20/2021 (12.12.2021), 21/2021 (14.12.2021), 2/2022 (05.05.2022), 10/2022 (28.12.2022), 11/2022 (28.12.2022), 09/2023 (25.09.2023), 09/2024 (19.09.2024), 03/2025 (22.09.2025)
- SEBI (LODR) Regulations, 2015
- Companies Act, 2013 provisions
Attendance Register
The following directors, KMPs, and invitees were present:
1. Mr. Vijay Sanghavi - Managing Director
2. Mrs. Seema Sanghavi - Executive Director
3. Mr. R V Sreeram - Independent Director
4. Mrs. Karuna Advani - Independent Director
5. Mr. Rajash Shah - Independent Director
6. Mr. Umeshsinh Rathod - Independent Director
7. Mr. Kashyap Shah - Independent Director
8. Mr. Umang Lalpurwala - Company Secretary
9. Mr. Niraj Trivedi - Secretarial Auditor & Scrutinizer for e-voting
10. Mr. Nilesh Shah - Partner, Pankaj R. Shah & Associates (Statutory Auditor)
11. Ms. Kinjal Pandit - Partner, Pankaj R. Shah & Associates (Statutory Auditor)
Additional Information
- AGM notice was emailed to all members with registered email IDs
- Original documents and statutory registers were available for electronic inspection
- Detailed voting results will be submitted separately as required under Regulation 44(3) of SEBI LODR
- Proceedings are available on company website: www.ratnaveer.com