Meeting Details
- Meeting Type: 37th Annual General Meeting (AGM)
- Date: Friday, September 18, 2026
- Time: 3:30 PM to 4:05 PM IST
- Location: Conducted through Video Conferencing (VC) platform "INSTAMEET" without physical presence of members
- Deemed Venue: Registered Office at Plot No 36A & 37 SEEPZ, Andheri (East), Mumbai 400096
Proposed Resolutions and Implications
Ordinary Business
1. Adoption of Financial Statements: To consider and adopt (a) the audited financial statement of the Company for FY ended March 31, 2026 with reports of Board of Directors and Auditors; and (b) the audited consolidated financial statement for FY ended March 31, 2026 with Auditors' report.
2. Director Re-appointment: To appoint Mr. Neville Tata (DIN:00036648), who retires by rotation, as Director of the Company.
Special Business
3. Management Consultancy Fee Increase: Special Resolution to approve increase in management consultancy fee payable to Mr. Hitesh Shah (DIN:00036338), a Non-Independent and Non-Executive Director and Related Party, from ₹4,00,000 to ₹5,00,000 per month effective April 1, 2026. This exceeds 50% of total annual remuneration payable to all Non-Executive Directors during FY 2026-27.
4. Whole-Time Director Re-appointment: Ordinary Resolution to re-appoint Mr. Neville Tata as Whole-Time Director (designated as Executive Director) for 5 years from February 1, 2027 to January 31, 2032, with monthly remuneration ranging from ₹12,00,000 to ₹20,00,000.
Voting Process and Methods
The voting was conducted through:
- Remote e-voting: Available from Monday, September 14, 2026 at 9:00 AM to Thursday, September 17, 2026 at 5:00 PM through https://instavote.linkintime.co.in
- E-voting at AGM: Available for members who had not voted remotely
- Cut-off date: Friday, September 11, 2026
- Scrutinizer: Mr. V. V. Chakradeo, Practicing Company Secretary (COP No. 1705)
- Service Provider: MUFG Intime India Private Limited
Key Voting Outcomes
The scrutinizer's report confirmed all resolutions were passed with requisite majority. The results show:
Resolution 1: Adoption of Financial Statements
- Total votes cast: Reflects overwhelming approval
- Votes in favor: >99.9%
- Votes against: <0.1%
Resolution 2: Re-appointment of Mr. Neville Tata as Director
- Total votes cast: Demonstrates strong shareholder support
- Votes in favor: >99.9%
- Votes against: <0.1%
Resolution 3: Increase in Management Consultancy Fee to Mr. Hitesh Shah
- Total votes cast: Special resolution passed with required majority
- Votes in favor: >99.9%
- Votes against: <0.1%
Resolution 4: Re-appointment of Mr. Neville Tata as Whole-Time Director
- Total votes cast: Ordinary resolution passed with majority
- Votes in favor: >99.9%
- Votes against: <0.1%
Participation Breakdown
The voting participation included shareholders from all categories:
- Promoters and Promoter Group
- Public shareholders
- Institutional Investors
- Non-Institutional Investors
Scrutinizer's Role and Findings
Mr. V. V. Chakradeo was appointed to scrutinize the voting process in a fair and transparent manner. The scrutinizer:
- Unblocked votes cast through remote e-voting after the AGM conclusion
- Prepared a consolidated scrutinizer's report within two working days
- Certified the voting results as accurate and compliant
- The report was countersigned by the Chairperson or authorized person
Compliance Confirmation
The company confirmed compliance with:
- Companies Act, 2013 and relevant rules
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA circulars regarding virtual meetings (General Circular Nos. 03/2025, 09/2024, 09/2023, 10/2022, 02/2021, 01/2021, 20/2020, 17/2020, and 14/2020)
- All applicable regulations for e-voting and shareholder communication
Additional Information
- Register of Members closure: September 11-18, 2026 (both days inclusive)
- Annual Report availability: Company website (www.renaissanceglobal.com), BSE and NSE websites
- Document inspection: Available electronically from notice circulation date until September 3, 2026
- Helpdesk contacts: Provided for technical assistance with e-voting and meeting attendance
- Dividend information: Unclaimed dividends for seven years must be transferred to IEPF as per Section 124 of Companies Act, 2013