AGM Proceedings

The 5th Annual General Meeting of REDTAPE Limited was held on Tuesday, August 25, 2026, at 11:30 AM IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM). Mr. Rashid Ahmed Mirza, Chairman of the Board, presided as the Chairman of the meeting.

The meeting was conducted in compliance with Ministry of Corporate Affairs (MCA) circulars, with no physical attendance of members. Consequently, the requirement of appointing proxies was not applicable.

Attendance

Total Members Attended: 105

Directors and Key Managerial Personnel in Attendance:

  • Mr. Rashid Ahmed Mirza (Chairman & Whole-time Director) - Attended via VC/OAVM from Dubai
  • Mr. Arvind Verma (Whole-time Director) - Present in Board Room at registered office
  • Ms. Sunanda (Whole-time Director) - Present in Board Room at registered office
  • Mr. Sanjay Bhalla (Non-Executive Independent Director) - Attended via VC/OAVM from Austria
  • Dr. Yashvir Singh (Non-Executive Independent Director) - Present in Board Room at registered office
  • Dr. Rajshree Saxena (Non-Executive Independent Director) - Attended via VC/OAVM from Kanpur
  • Mr. Subhash Chander Sapra (Non-Executive Independent Director) - Attended via VC/OAVM from Himachal Pradesh
  • Mr. Akhilendra Bahadur Singh (Company Secretary & Compliance Officer) - Present in Board Room at registered office
  • Mr. Vivek Agnihotri (Chief Financial Officer) - Present in Board Room at registered office

The Company's Statutory Auditor, Internal Auditor, and Cost Auditor attended the AGM through VC, while the Secretarial Auditor was present physically.

Agenda Items and Resolutions

The following business items were transacted at the AGM as per the notice:

1. Item No. 1: Ordinary Resolution to receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with the Reports of the Auditors and the Board of Directors thereon.

2. Item No. 2: Ordinary Resolution to appoint a director in place of Mr. Rashid Ahmed Mirza (DIN: 00049009), who retires by rotation and offers himself for re-appointment.

3. Item No. 3: Ordinary Resolution to consider and declare final dividend @ 100% (₹2 per share) for the financial year 2025-26.

4. Item No. 4: Ordinary Resolution for ratification of remuneration to Cost Auditors for the financial year ending March 31, 2027.

5. Item No. 5: Special Resolution for re-appointment of Mr. Shuja Mirza (DIN: 01453110) as Managing Director of the Company.

6. Item No. 6: Special Resolution for continuation of Mr. Rashid Ahmed Mirza as Chairman and Whole Time Director of the Company even after attaining the age of 70 years.

Key Disclosures

  • The Statutory Auditors' Report and Secretarial Audit Report did not contain any qualifications, adverse remarks, or observations.
  • Mr. Debabrata Deb Nath, Practicing Company Secretary of M/s R&D Company Secretaries, was appointed as the Scrutinizer to conduct the e-voting process.
  • All resolutions had already been put to vote during the remote e-voting period prior to the meeting, administered by National Securities Depository Limited (NSDL).
  • The facility of e-voting at the NSDL website was available during the AGM and for fifteen minutes after the conclusion of the meeting.
  • The video recording of the AGM proceedings is being made available on the company's website at https://about.redtape.com/annual-general-meeting.php.

Communication to Shareholders

Electronic copies of the Annual Report for FY 2025-26 and the AGM notice were sent to members at their registered email addresses. For members without registered email addresses, a letter containing the web link to access these documents was sent to their addresses registered with the company or Depository Participants.

Next Steps

The voting results will be declared in due course after receipt of the Scrutinizer's Report.