Meeting Details

The 54th Annual General Meeting of Remsons Industries Limited was held on Wednesday, September 30, 2026, at 11:30 A.M. IST through Video Conferencing/Other Audio Visual Means without physical presence of members. The meeting commenced at 11:30 A.M. and concluded at 11:59 A.M. The deemed venue was the company's registered office at 1122, Solitaire Corporate Park, Andheri Ghatkopar Link Road, Chakala, Near Satam Wadi, Andheri (East) Mumbai – 400093, Maharashtra, India.

Proposed Resolutions and Implications

The AGM transacted six resolutions comprising both ordinary and special business:

Ordinary Business:

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

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026, together with report of Auditors

3. Taking note of interim dividend paid for FY ended March 31, 2026

4. Declaration of dividend on equity shares @ Re. 0.10 per Equity Share (5%) on equity shares of face value Rs. 2/- each

5. Re-appointment of Mr. Krishna Kejriwal (DIN: 00513788) as director who retired by rotation

Special Business:

6. Approval of 'Remsons Employees Stock Option Scheme 2026'

7. Approval of remuneration payable to Mr. Rahul Kejriwal, Whole Time Director, for one year effective June 1, 2026

Voting Process and Methods

The company provided remote e-voting facility through CDSL from September 27, 2026 (9:00 A.M.) to September 29, 2026 (5:00 P.M.). Members who hadn't voted remotely could vote during the AGM through e-voting facility provided by CDSL, which remained open until 15 minutes after the meeting conclusion. CS Manish Baldeva was appointed as Scrutinizer to scrutinize the voting process.

Key Voting Outcomes

Participation Statistics:

  • Total shareholders present through VC/OAVM: 37 members
  • Promoters and Promoter Group: 6 members
  • Public shareholders: 31 members
  • Total outstanding shares: 34,878,785
  • Total valid votes polled: 22,410,212 (64.2517% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Ordinary - Adoption of Financial Statements):

  • Total votes in favor: 22,410,096 (99.9995%)
  • Votes against: 116 (0.0005%)
  • Promoter group: 21,913,789 votes (100% in favor)
  • Public institutions: 0 votes participated
  • Public non-institutions: 496,423 votes (496,307 in favor, 116 against)

Resolution 2 (Ordinary - Note Interim Dividend):

  • Total votes in favor: 22,410,096 (99.9995%)
  • Votes against: 116 (0.0005%)
  • Identical voting pattern as Resolution 1

Resolution 3 (Ordinary - Declare Final Dividend):

  • Total votes in favor: 22,410,096 (99.9995%)
  • Votes against: 116 (0.0005%)
  • Identical voting pattern as Resolution 1

Resolution 4 (Ordinary - Re-appoint Director):

  • Total votes in favor: 22,410,096 (99.9995%)
  • Votes against: 116 (0.0005%)
  • Identical voting pattern as Resolution 1

Resolution 5 (Special - ESOP Scheme 2026):

  • Total votes in favor: 22,410,096 (99.9995%)
  • Votes against: 116 (0.0005%)
  • Identical voting pattern as Resolution 1

Resolution 6 (Special - Director Remuneration):

  • Total votes in favor: 22,410,071 (99.9994%)
  • Votes against: 141 (0.0006%)
  • Promoter group: 21,913,789 votes (100% in favor)
  • Public institutions: 0 votes participated
  • Public non-institutions: 496,423 votes (496,282 in favor, 141 against)

Scrutinizer's Role and Findings

CS Manish Baldeva, Proprietor of M/s. M Baldeva Associates, was appointed as Scrutinizer to scrutinize the remote e-voting and e-voting during the AGM. The scrutinizer confirmed that all voting was conducted properly and issued a consolidated scrutinizer's report dated September 30, 2026. The scrutinizer verified that the results were determined considering aggregate votes cast through both remote e-voting and e-voting during the AGM. No invalid votes were recorded for any resolution.

Compliance Confirmation

The meeting was conducted in compliance with the Companies Act, 2013, SEBI Listing Regulations, and various circulars issued by the Ministry of Corporate Affairs. The company confirmed that the notice of AGM was sent to members via email on September 8, 2026, and advertisements were published in newspapers on September 6 and 8, 2026. The cut-off date for determining voting rights was September 23, 2026.

Additional Information

The statutory auditors' reports contained no qualifications, reservations, or adverse remarks. The secretarial auditors made one observation, with an explanation provided in the Directors' Report at page 61 of the Annual Report 2025-26. All resolutions were passed with requisite majority, and the voting results were uploaded on the company's website (www.remsons.com) and CDSL e-voting website (www.evotingindia.com).