Saptak Chem and Business Limited held its 47th Annual General Meeting (AGM) on Saturday, August 29, 2026, from 12:30 p.m. to 12:45 p.m. IST. The meeting was conducted entirely through video conferencing/other audio-visual means in compliance with MCA circulars dated September 22, 2025, September 2024, September 25, 2023, December 28, 2022, May 5, 2022, December 14, 2021, January 13, 2021, May 5, 2020, April 8, 2020, and April 13, 2020, as well as SEBI circulars dated January 5, 2023, May 13, 2022, January 15, 2021, and May 12, 2020.
Mr. Ayush Tated, Managing Director of the Company, chaired the meeting. The Company Secretary, Mrs. Krishna Bhavsar, confirmed that requisite quorum was present and introduced the directors and panelists. National Securities Depository Limited (NSDL) provided services for conducting the meeting and managing remote e-voting and e-voting during the AGM.
The remote e-voting period was from Wednesday, August 26, 2026, at 9:00 a.m. to Friday, August 28, 2026, at 5:00 p.m. Members who had not voted remotely were allowed to vote electronically during the meeting and for 60 minutes after its conclusion. Mrs. Rupal Patel, Practicing Company Secretary, was appointed as Scrutinizer to oversee the voting process.
The Notice of the 47th AGM along with copies of Audited Financial Statements for the financial year ended March 31, 2026, together with the Auditor's and Director's Reports, was emailed to all shareholders whose email addresses were registered with the Company or its RTA or Depository Participants as of Saturday, August 22, 2026. These documents were also hosted on the company website (www.saptakchem.com), BSE, and NSDL.
The Audit Report on Financial Statements for FY ended March 31, 2026, contained no qualifications, reservations, or adverse remarks.
The following business items were transacted:
1. Ordinary Resolution: Consideration and Adoption of the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, and the Reports of the Board of Directors and Auditors thereon
2. Ordinary Resolution: Re-appointment of Mr. Ayush Vinod Kumar Tated (DIN: 11461830) as a Director (Executive), who retires by rotation and being eligible, offers himself for re-appointment
3. Special Resolution: Regularization of appointment of Mr. Ayush Vinod Kumar Tated (DIN: 11461830) as Executive Director of the Company
4. Special Resolution: Appointment of Mr. Ayush Vinod Kumar Tated (DIN: 11461830) as Managing Director of the Company from January 9, 2026, to January 8, 2031
5. Special Resolution: Regularization of appointment of Mr. Jubin Premji Gada (DIN: 10820579) as Non-Executive Independent Director of the Company
6. Special Resolution: Regularization of appointment of Ms. Rinku Saini (DIN: 11059678) as Non-Executive Independent Director of the Company
No shareholders raised any queries during the meeting. The results of voting were scheduled to be announced within 48 hours of the meeting's conclusion and displayed on the company website, NSDL, and stock exchanges.