Mr. Yagnik Arvindbhai Satasiya was appointed as the Chairperson of the Meeting. CS Dharmik Solanki, Advisor to the Company, confirmed that requisite quorum was present throughout the meeting.
The company provided remote e-voting facility to all eligible members for all resolutions, which remained open during the meeting and for fifteen minutes after its conclusion.
Business Transactions Approved
The following businesses were transacted and approved at the EGM:
- Item No. 1: Approval for increase in the Authorised Share Capital of the Company from ₹13,00,00,000 (Rupees Thirteen Crore Only) to ₹1,00,00,00,000 (Rupees One Hundred Crore Only) and consequential alteration of Clause V of the Memorandum of Association of the Company.
- Item No. 2: Approval for alteration of the Main Object Clause of the Memorandum of Association of the Company to align the objects with proposed future business activities and expansion plans.
- Item No. 3: Approval for regularisation of Mr. Gunvantray Jayantilal Zaladi (DIN: 11253353) as a Non-Executive, Non-Independent Director of the Company.
- Item No. 4: Approval for regularisation of Mr. Shivam Gunvantray Zaladi (DIN: 11251860) as a Non-Executive, Non-Independent Director of the Company.
- Item No. 5: Approval for appointment of Mr. Shirish Dhirajlal Savaliya (DIN: 08721554) as the Managing Director of the Company.
- Item No. 6: Approval for regularisation and appointment of Mr. Yagnik Arvindbhai Satasiya as the Non-Executive Chairperson of the Company.
- Item No. 7: Approval for change of the name of the Company from "Sarda Proteins Limited" to "Fresita Proteins Limited" together with consequential alteration of the Memorandum of Association and Articles of Association. The company had already received Name Availability Approval from the Central Registration Centre (CRC), Ministry of Corporate Affairs for the proposed name. A Certificate issued by the Statutory Chartered Accountant certifying compliance with Regulation 45 of SEBI LODR Regulations was placed before members.
- Item No. 8: Approval for appointment of the Statutory Auditor to fill the casual vacancy caused in the office of the Statutory Auditor of the Company.
- Item No. 9: Approval for appointment of the Statutory Auditors of the Company for a first term of five consecutive years commencing from April 1, 2026 and ending on March 31, 2031.
- Item No. 10: Approval for appointment of Ms. Minal Surendra Jain (DIN: 11822395) as an Independent Woman Director of the Company.
Voting and Compliance
CS Dipika Soni, Practicing Company Secretary, was appointed as the Scrutinizer to scrutinize the Remote e-Voting process and the e-Voting conducted during the meeting. The voting results together with the Consolidated Scrutinizer's Report will be submitted to BSE Limited within the prescribed timelines under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.