Meeting Details

The 22nd Annual General Meeting was held on Wednesday, 30th September, 2026, at 12:00 Noon at Country Inn & Suites, by Radisson, Opposite Bahu Plaza Complex, Gandhi Nagar Extension, Jammu, J&K - 180004.

Summary of Proposed Resolutions and Implications

Nine resolutions were proposed for shareholder approval, comprising three Ordinary Resolutions and six Special Resolutions.

Ordinary Business:

1. Resolution 1: To receive, consider, and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March 2026, together with the Reports of the Board of Directors and Auditors thereon.

2. Resolution 2: Re-appointment of Mr. Anil Kumar (DIN: 07417538) as a Director who retires by rotation.

3. Resolution 3: Re-appointment of Mr. Mahadeep Singh Jamwal (DIN: 09106268) as a Director who retires by rotation.

Special Business:

4. Resolution 4: Re-appointment of Mr. Mahadeep Singh Jamwal (DIN: 09106268) as Executive Director of the Company for a further term of one year.

5. Resolution 5: Re-appointment of Dr. Pradeep Kumar Sharma (DIN: 06524014) as an Independent Director for a further term of one year.

6. Resolution 6: Preferential allotment of up to 22,25,00,000 (Twenty-Two Crore Twenty-Five Lakh) warrants to persons belonging to the Promoter, Promoter Group, and Non-Promoter Public category.

7. Resolution 7: Approval of 'Sarveshwar Foods Limited - Employees Stock Option Scheme 2026'.

8. Resolution 8: Approval for grant of options to employees and directors of the company's holding, subsidiary, and associate company(ies) under the ESOP.

9. Resolution 9: Approval for grant of options to identified employees exceeding 1% of issued capital in any one year under the ESOP.

Voting Process and Methods

The voting process was conducted through two methods:

1. Remote E-voting: Facilitated by M/s Bigshare Services Private Limited via their platform www.bigshareonline.com. The remote e-voting period preceded the AGM.

2. Voting through Ballot Paper (Ballot System): Conducted during the physical AGM for shareholders present in person or by proxy.

Mr. Suresh Kumar Pillay, a Practicing Company Secretary (CP No. 21089), was appointed as the Scrutinizer to oversee the entire process in a fair and transparent manner.

Key Voting Outcomes

Overall Participation

  • Total Shareholders on record date: 324,884
  • Shareholders present at the meeting (in person/proxy): 3
  • Total number of votes cast (across all resolutions): 507,987,672
  • Percentage of outstanding shares voted: 41.2453% (based on 1,231,626,469 outstanding shares)

Resolution-Wise Results

Resolution 1 (Ordinary - Adoption of Financial Statements)

  • Total Votes Cast: 507,987,672
  • In Favour: 507,947,713 (99.9921% of valid votes)
  • Against: 39,959 (0.0078% of valid votes)
  • Invalid Votes: 0
  • Result: Passed

Resolution 2 (Ordinary - Re-appointment of Mr. Anil Kumar)

  • Total Votes Cast: 507,986,672
  • In Favour: 507,679,015 (99.9394% of valid votes)
  • Against: 307,657 (0.0606% of valid votes)
  • Invalid Votes: 0
  • Result: Passed

Resolution 3 (Ordinary - Re-appointment of Mr. Mahadeep Singh Jamwal as Director)

  • Total Votes Cast: 507,986,672
  • In Favour: 507,678,715 (99.9394% of valid votes)
  • Against: 307,957 (0.0606% of valid votes)
  • Invalid Votes: 0
  • Result: Passed

Resolution 4 (Special - Re-appointment of Mr. Mahadeep Singh Jamwal as Executive Director)

  • Total Votes Cast: 507,986,672
  • In Favour: 507,678,345 (99.9393% of valid votes)
  • Against: 308,327 (0.0607% of valid votes)
  • Invalid Votes: 0
  • Result: Passed (requisite majority for special resolution achieved)

Resolution 5 (Special - Re-appointment of Dr. Pradeep Kumar Sharma as Independent Director)

  • Total Votes Cast: 507,986,672
  • In Favour: 507,678,895 (99.9394% of valid votes)
  • Against: 307,777 (0.0606% of valid votes)
  • Invalid Votes: 0
  • Result: Passed (requisite majority for special resolution achieved)

Resolution 6 (Special - Preferential Allotment of Warrants)

  • Total Votes Cast: 507,987,672
  • In Favour: 507,876,383 (99.9781% of valid votes)
  • Against: 111,289 (0.0219% of valid votes)
  • Invalid Votes: 0
  • Result: Passed (requisite majority for special resolution achieved)

Resolution 7 (Special - ESOP Scheme 2026)

  • Total Votes Cast: 507,987,672
  • In Favour: 507,674,930 (99.9384% of valid votes)
  • Against: 312,742 (0.0616% of valid votes)
  • Invalid Votes: 0
  • Result: Passed (requisite majority for special resolution achieved)

Resolution 8 (Special - Grant of Options to Group Company Employees/Directors)

  • Total Votes Cast: 507,987,672
  • In Favour: 507,674,578 (99.9384% of valid votes)
  • Against: 313,094 (0.0616% of valid votes)
  • Invalid Votes: 0
  • Result: Passed (requisite majority for special resolution achieved)

Resolution 9 (Special - Grant of Options Exceeding 1% of Capital)

  • Total Votes Cast: 507,987,672
  • In Favour: 507,645,520 (99.9326% of valid votes)
  • Against: 342,152 (0.0674% of valid votes)
  • Invalid Votes: 0
  • Result: Passed (requisite majority for special resolution achieved)

Category-Wise Voting Breakdown (Illustrative for Resolution 1)

  • Promoter & Promoter Group: 503,372,465 shares held. 503,060,465 votes polled (99.938% turnout). 100% votes in favour.
  • Public Institutions: 3,062,133 shares held. 440,133 votes polled (14.3734% turnout). 100% votes in favour.
  • Public Non-Institutions: 725,191,871 shares held. 4,487,074 votes polled (0.6187% turnout). 99.1095% in favour, 0.8905% against.

Scrutinizer's Role, Findings, and Conclusions

Mr. Suresh Kumar Pillay, the appointed Scrutinizer, was responsible for scrutinizing the e-voting and physical ballot process. His report confirms that the voting was conducted fairly and transparently as per the provisions of the Companies Act, 2013, and SEBI LODR Regulations, 2015. He ascertained the requisite majority on all resolutions based on the reports generated by Bigshare Services Pvt. Ltd. for e-voting and the physical ballot count. He concluded that all resolutions were passed. The electronic data and records related to remote e-voting were handed over to the Company Secretary for safe custody.

Compliance Confirmation

The document explicitly confirms compliance with the Companies Act, 2013, and Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Scrutinizer's report was prepared pursuant to Section 108 of the Companies Act, 2013, and Rule 20 of the Companies (Management and Administration) Amendment Rules, 2015.

General Company Information

  • NSE Symbol: SARVESHWAR