Sarthak Metals Limited held its 31st Annual General Meeting (AGM) on Tuesday, 18th August, 2026 at 12:30 PM IST at Hotel Ashish International, G.E. Road, Bhilai, Chhattisgarh - 490011.

The meeting was presided over by Mr. Sunil Kumar Agrawal, permanent chairman of the Board. All directors were present except Mr. Dwadasi Venkata Giri, Independent Director, who holds multiple committee chairperson roles including Stakeholder Relationship Committee, Audit Committee, Corporate Social Responsibility Committee, and Nomination and Remuneration Committee.

The Company Secretary confirmed compliance with regulatory requirements:

  • Notice of AGM and Annual Report containing Board's Report, Auditor's Report, and Audited Financial Statements for FY ended March 31, 2026 were sent electronically to members with registered email addresses
  • Physical copies were sent to members who requested them
  • No qualifications, reservations, adverse remarks, observations, comments, or disclaimers were given by Statutory Auditors or Secretarial Auditors in their reports for FY ended March 31, 2026
  • All documents referred to in the Notice were available for inspection from the date of circulation until the meeting date
  • Register of Directors, KMP and their Shareholding, and Register of Contracts or Arrangements in which Directors are interested were made available for inspection at the Registered Office during the AGM

Voting was conducted through Bigshare Services Private Limited with:

  • Remote e-voting period: Saturday, August 15, 2026 (09:00 AM) to Monday, August 17, 2026 (05:00 PM)
  • Ballot paper voting available at AGM for members who hadn't voted remotely
  • Mr. Atul Jain, Practicing Chartered Accountant (Membership No. 447869) appointed as Scrutinizer

Business Transacted

The following resolutions were passed:

1. Adoption of Audited Financial Statements - Ordinary Resolution

2. Appointment of a Director retiring by rotation - Ordinary Resolution

3. Appointment of Mrs. Ushasree Bhagavatula (DIN: 11480507) as Independent Women Director - Special Resolution

4. Approval of Material Related Party Transactions of the Company with M/s Bansal Brothers - Ordinary Resolution

5. Ratification of remuneration of Cost Auditor - Ordinary Resolution

Post-Meeting Requirements

The company will submit voting results to stock exchanges within two working days of AGM conclusion. The results along with Scrutinizer's Report(s) will be placed on the company's website and Bigshare Services Private Limited's website immediately after results declaration.

The meeting concluded at 01:14 PM with a vote of thanks to the Chairman, Directors, and Members.