Meeting Details

The 43rd Annual General Meeting was held on Wednesday, September 30, 2026, at the registered office of the Company at Alindra Village, Vadodara Godhra Highway, Kalol, Panchmahal, Gujarat, India – 389330. The meeting commenced at 2:30 p.m. and concluded at 3:00 p.m.

Proposed Resolutions

The meeting considered the following five resolutions as per the Notice dated September 8, 2026:

Ordinary Business:

1. To receive, consider and adopt:

  • a) Audited Standalone Annual Financial Statements for the financial year ended March 31, 2026 together with Reports of the Board of Directors and the Auditors
  • b) Audited Consolidated Annual Financial Statements for the financial year ended March 31, 2026 together with Report of the Auditors

2. To appoint a director in place of Mrs. Urja Shah (DIN: 02675341), who retires by rotation and being eligible, offers herself for re-appointment

Special Business:

3. Re-appointment and remuneration of Mr. Harish Kiritbhai Sheth (DIN: 01434459) as Chairman and Managing Director

4. Re-appointment and remuneration of Mr. Udit Harish Sheth (DIN: 00187221) as Vice Chairman and Executive Director

5. Re-appointment and remuneration of Mrs. Urja Harshal Shah (DIN: 02675341) as Executive Director

Voting Process and Methods

The Company provided multiple voting methods in compliance with Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI (LODR) Regulations, 2015:

  • Remote e-voting was conducted through the platform of Central Depository Services (India) Limited (CDSL)
  • Remote e-voting period: Sunday, September 27, 2026 at 9:00 am (IST) to Tuesday, September 29, 2026 at 5:00 pm (IST)
  • Physical voting was available during the AGM for members who had not cast votes through remote e-voting

Scrutinizer Appointment

The Board of Directors appointed Mrs. Babita Gupta representing M/s. Shravan A. Gupta & Associate, Practicing Company Secretaries as Scrutinizer to scrutinize the remote e-voting and ballot voting process in a fair and transparent manner and submit a Consolidated Report.

Additional Information

  • The Notice of AGM and Annual Report for FY 2025-26 were circulated electronically to members with registered email addresses, and physically to others
  • The Register of Proxies and other Statutory registers were available for inspection at the meeting venue
  • Mr. Harish Sheth, Chairman and Managing Director, chaired the meeting proceedings
  • Mrs. Aditi Pai, Company Secretary, conducted the meeting procedures
  • Voting results and the Consolidated Scrutinizer's Report will be placed on the Company's website (www.setcoauto.com) and CDSL website, and communicated to Stock Exchanges within 48 hours of conclusion of AGM