Satiate Agri Limited (Under Corporate Insolvency Resolution Process) conducted its 39th Annual General Meeting (AGM) on Thursday, August 27, 2026, from 05:00 PM to 05:16 PM via Video Conferencing/Other Audio Visual Means.

The Board of Directors had appointed Mr. Ajit Jain, Practicing Company Secretary (FCS: 3933; C.P. No. 2876) of Ajit Jain & Co., as Scrutinizer to scrutinize the e-voting process in a fair and transparent manner. The scrutinizer was appointed at the Board Meeting held on August 3, 2026.

The record date for determining shareholders entitled to vote was August 20, 2026, with 1,696 total shareholders on record. During the meeting, 6 promoters/promoter group members and 15 public shareholders attended through video conferencing.

Voting Results

Total Share Capital: 2,927,200 shares

Total Votes Polled: 1,679,900 shares (57.3893% of outstanding shares)

All resolutions received 100% favorable votes with 0 votes against across all categories.

Resolution Details

Resolution 1 - Ordinary Resolution:

  • Description: Consideration and adoption of the audited financial statements of the company for the financial year ended March 31, 2026, together with reports of the Board of Directors and auditors thereon.
  • Promoter & Promoter Group: 799,700 votes (98.0265% of their 815,800 shares)
  • Public Non-Institutions: 880,200 votes (41.688% of their 2,111,400 shares)
  • Result: Passed

Resolution 2 - Ordinary Resolution:

  • Description: Appointment of Mr. Kailash Chand Dhaksiya (DIN: 05120584), who retires by rotation and offered himself for reappointment.
  • Promoter & Promoter Group: 799,700 votes (98.0265% of their 815,800 shares)
  • Public Non-Institutions: 880,200 votes (41.688% of their 2,111,400 shares)
  • Result: Passed

Resolution 3 - Ordinary Resolution:

  • Description: Appointment of Mr. Yogendra Singh Bhati as Non-Executive Non-Independent Director.
  • Promoter & Promoter Group: 799,700 votes (98.0265% of their 815,800 shares)
  • Public Non-Institutions: 880,200 votes (41.688% of their 2,111,400 shares)
  • Result: Passed

Resolution 4 - Special Resolution:

  • Description: Appointment of Mr. Deepak Parashar as Whole-Time Director (KMP) of the company.
  • Promoter & Promoter Group: 799,700 votes (98.0265% of their 815,800 shares)
  • Public Non-Institutions: 880,200 votes (41.688% of their 2,111,400 shares)
  • Result: Passed

Scrutinizer Report

The remote e-voting facility was made available through Central Depository Services (India) Limited (CDSL) from 9:00 AM IST on Monday, August 24, 2026, until 5:00 PM IST on Wednesday, August 26, 2026. The company published advertisements in The Free Press Journal (English) and Choutha Sansaar (Hindi) on August 4, 2026, and August 6, 2026, as required by MCA regulations.

After closure of e-voting at the AGM, the votes were unblocked by the scrutinizer in the presence of witnesses Mr. Nirek Huddar and Ms. Ishita Chouhan, who are not employees of the company.

The scrutinizer confirmed that all four resolutions were passed by the members with requisite majority, with 32 members voting totaling 1,679,900 shares (100% of votes cast in favor for each resolution).