AGM Overview
The 43rd Annual General Meeting (AGM) of Sarvamangal Mercantile Company Limited was held on Wednesday, September 16, 2026, at 11:00 AM IST at the company's registered office in Mumbai. The meeting concluded at 11:30 AM IST. The meeting was convened based on the notice dated May 29, 2026.
Attendees and Management
Chairperson: Smt. Namrata Somani (Managing Director)
Directors Present: Shri Rajiv Bafna (Independent Director), Shri Surendran Nair (Independent Director), Smt Vandana Somani (Director)
Auditor Representative: Shri. Satyendra Lahoti representing M/s Devpura Navlakha & Co. (Statutory Auditor)
Scrutinizer: Smt. Smita Prabhu
Company Secretary: S. Venkatesan (Membership No. ACS 31432)
Total Members Present: 8 members (3 Promoters/Promoter group, 5 Public)
Resolutions Passed
All business items in the notice were transacted and passed with requisite majority:
Resolution 1 - Ordinary Resolution: Adoption of the Annual Audited Financial Statements of the Company for the year ended March 31, 2026 together with the Report of Board of Directors and Auditors thereon.
Resolution 2 - Ordinary Resolution: Appointment of a Director in place of Mrs. Vandana Somani, who retires by rotation and, being eligible, offers herself for re-appointment.
Voting Results and Shareholding Structure
Record Date: September 11, 2026
Total Shareholders on Record Date: 22
Total Paid-up Equity Share Capital: 198,600 shares
Promoter & Promoter Group Holding: 162,500 shares (81.81%)
Public Non-Institutions Holding: 36,100 shares (18.19%)
Public Institutions Holding: 0 shares (0%)
Remote E-Voting Period: Sunday, September 13, 2026 (09:00 AM) to Tuesday, September 15, 2026 (05:00 PM)
Resolution 1 Voting Results:
- Total votes polled: 198,600 shares (100% of outstanding shares)
- Votes in favor: 198,600 shares (100%)
- Votes against: 0 shares (0%)
Resolution 2 Voting Results:
- Total votes polled: 198,600 shares (100% of outstanding shares)
- Votes in favor: 198,600 shares (100%)
- Votes against: 0 shares (0%)
All 8 shareholders who voted participated through remote e-voting only. No votes were cast through ballot at the AGM venue.
Scrutinizer's Report
Scrutinizer: Smita Prabhu of Smita Prabhu & Associates (FCS: 8337, COP: 10859)
Appointment Date: May 29, 2026 (Board Meeting)
Report Date: September 16, 2026
The scrutinizer confirmed that the electronic voting system was provided by NSDL and the process was conducted properly. The e-voting system was locked by NSDL after the voting period and unblocked after the conclusion of the AGM in the presence of two witnesses: Ms. Deepika Mertia and Ms. Geeta Navale.
Additional Information
The Statutory Auditors' Report and Secretarial Audit Report did not have any qualifications. The voting results and scrutinizer's report are available on the company's website at https://www.sarvamangalmercantile.in/index.php.