Satchmo Holdings Limited disclosed the voting results and scrutinizer's report from its 22nd Annual General Meeting (AGM) held on June 30, 2026. The meeting was conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM) from 9:00 AM to 9:52 AM IST, in compliance with MCA Circular No. 9/2025 dated September 22, 2025 and SEBI regulations.
Meeting Details
The AGM was held pursuant to MCA circulars allowing virtual meetings. Physical attendance of members was dispensed with, and the facility for appointment of proxies was also not available. Members attending through VC/OAVM were counted for quorum purposes under Section 103 of the Companies Act, 2013.
Total number of shareholders on record date: 20,861
Shareholders attending through video conferencing: 60 public shareholders
Promoters and promoter group present: 0
Voting Mechanism
The company provided two voting facilities:
1. Remote e-voting from June 27, 2026 (9:00 IST) to June 29, 2026 (17:00 IST)
2. E-voting during the AGM on June 30, 2026
Mr. Sudhindra K S, Practicing Company Secretary (Membership No. FCS 7909) was appointed as the scrutinizer to oversee the voting process. KFin Technologies Limited served as the service provider for the remote e-voting facility through https://emeetings.kfintech.com.
Resolution Results
All five resolutions were passed successfully:
Resolution 1: Ordinary Resolution
To consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors.
- Votes in favor: 99.9999% (71,622,790 votes)
- Votes against: 0.0001% (80 votes)
- Invalid/Abstain: 650 votes
Resolution 2: Ordinary Resolution
To re-appoint Mr. Ramesh Karur Raghavendran (DIN: 03572425) as Whole-time Executive Director - Finance and Chief Financial Officer.
- Votes in favor: 99.9999% (71,622,690 votes)
- Votes against: 0.0001% (80 votes)
- Invalid/Abstain: 750 votes
Resolution 3: Special Resolution
To re-appoint and approve remuneration payable to Mr. L. S. Vaidyanathan (DIN: 00304652) as Whole-time Director designated as Executive Director - Business Development.
- Votes in favor: 99.9999% (71,483,290 votes)
- Votes against: 0.0001% (80 votes)
- Invalid/Abstain: 140,150 votes
Resolution 4: Ordinary Resolution
To approve existing and new Material Related Party Transaction(s) under Regulation 23 of SEBI LODR Regulations and applicable provisions of Companies Act, 2013.
- Votes in favor: 99.9987% (6,349,440 votes)
- Votes against: 0.0013% (80 votes)
- Invalid/Abstain: 65,274,000 votes
Resolution 5: Special Resolution
To approve making Investments, giving Loans, giving guarantees and providing Securities under Sections 185 and 186 of Companies Act, 2013 in Satchmo Services Private Limited (Wholly Owned Subsidiary) or any other Persons/bodies Corporate in India.
- Votes in favor: 99.9999% (71,622,790 votes)
- Votes against: 0.0001% (80 votes)
- Invalid/Abstain: 650 votes
Shareholding Pattern
Total outstanding shares: 14,58,32,100
Promoter and Promoter Group shares: 6,52,73,350 (44.76%)
Public Institution shares: 64,70,922 (4.44%)
Public Non-Institution shares: 7,40,87,828 (50.80%)