Event Details

Sarthak Industries Limited held its 42nd Annual General Meeting (AGM) on Tuesday, August 18, 2026 at 01:00 PM IST through video conference (VC) / other audio visual means (OAVM). The meeting was conducted in accordance with circulars issued by the Ministry of Corporate Affairs, Government of India and the Securities and Exchange Board of India. The registered office of the company in Mumbai was deemed as the venue for the meeting.

Attendance

Directors and KMPs Present:

  • Mr. Ajay Peshkar, Whole-time Director (Indore)
  • Mr. Shashikant Padgil, Independent Director (Indore)
  • Mrs. Ankita Hasmukhdas Sethi, Independent Director (Indore)
  • Ms. Deepika Arora, Non-Executive Director (Indore)
  • Mr. Nimishek Ved, Independent Director (Indore)

In Attendance:

  • Ms. Riya Bhandari (Jain) - Company Secretary & Compliance Officer

Invitees:

  • Mr. Om Prakash Mundra, Chief Financial Officer
  • Mr. Avinash Baxi, M/s. Ashok Khasgiwala & Co. LLP, Chartered Accountants, Statutory Auditors
  • Mr. Ajit Jain, M/s. Ajit Jain & Co., Practicing Company Secretaries, Secretarial Auditor
  • Mr. Amit Jain, Scrutinizer of the Annual General Meeting

Total 32 members were present in the meeting through VC & OAVM.

Business Transacted

The following items of business as set out in the Notice dated July 20, 2026 were transacted at the AGM:

Ordinary Business:

1. Approval of members by way of Ordinary Resolution to receive, consider and adopt the financial statements of the Company for the financial year ended March 31, 2026 together with the Report of the Board of Directors and Auditors thereon.

2. Approval of members by way of Ordinary Resolution to appoint a director in place of Ms. Deepika Arora (DIN: 07117491) who retires by rotation and being eligible offers herself for re-appointment.

Special Business:

3. Approval of members by way of Ordinary Resolution to ratify and confirm payment of remuneration of Cost Auditors for the financial year ending March 31, 2027.

4. Approval of members by way of Special Resolution to re-appoint Mr. Ajay Peshkar (DIN: 03094090) as Whole-time Director of the Company.

Meeting Proceedings

Mr. Ajay Peshkar presided over the meeting as Chairman. After confirming quorum was present, the Chairman briefed shareholders about e-voting provisions and process for voting. The Chairman then delivered a speech providing an overview of the operations and financial performance of the Company during FY 2025-26.

Shareholders who had done prior registrations were invited to speak and ask questions. Responses to questions were provided by the Chairman. The Chairman concluded by expressing appreciation to all stakeholders for their trust and confidence in the Company.

Mr. Amit Jain, Proprietor of M/s. Amit Preeti & Associates, Practicing Company Secretary was appointed as scrutinizer to conduct the remote e-voting process and e-voting at the AGM in a fair and transparent manner.

The Annual General Meeting concluded at 01:18 PM, lasting 18 minutes.

Voting Methodology

The company provided remote e-voting facility to members to cast votes electronically on all resolutions. Additionally, e-voting facility was provided during the AGM to members present through VC/OAVM who had not cast votes through remote e-voting.

The facility for appointment of proxies was not applicable as the AGM was held through video conference. Statutory registers and documents were available for inspection at the company's website until conclusion of the AGM.

Additional Notes

The company will separately intimate the voting results (remote e-voting and voting at the meeting through electronic voting system) to the stock exchange. This document does not constitute minutes of the proceedings of the Annual General Meeting.