Shalby Limited held its 22nd Annual General Meeting (AGM) on Thursday, September 10, 2026 at 04:00 p.m. IST through Video Conferencing facility. The meeting concluded at 04:27 p.m.

Meeting Details

The AGM was conducted in accordance with the Companies Act, 2013 and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Dr. Vikram Shah, Chairman and Managing Director, chaired the meeting. The requisite quorum was present pursuant to section 103 of the Companies Act, 2013.

Attendance

All Directors of the Company were present, including the Chairmen of the Audit Committee, Nomination and Remuneration Committee, Corporate Social Responsibility Committee, and Stakeholders' Relationship Committee. Representatives of Statutory Auditor T R Chadha & Co. LLP, Secretarial Auditors, and Scrutinizer Mr. Chintan Patel (Practicing Company Secretary) were also present via VC.

Voting Process

The company provided remote e-voting facility to members holding shares as of the cut-off date Thursday, September 03, 2026. Remote e-voting commenced on Saturday, September 05, 2026 at 09:00 A.M. and concluded on Wednesday, September 09, 2026 at 05:00 P.M. Additional e-voting facility was provided during the AGM for members who had not voted earlier.

Mr. Chintan Patel (Membership No. FCS 12315) of M/s Chintan I Patel & Associates was appointed as Scrutinizer to scrutinize the remote e-voting process.

Proceedings

Dr. Vikram Shah addressed shareholders covering the company's performance and growth prospects. Mr. Amit Kumar, Chief Financial Officer, presented the Audited Financials for financial year 2025-26.

The Statutory Auditors' Report and Secretarial Auditor's Report were noted to contain no qualifications, reservations, adverse remarks or disclaimers. The Notice of the Meeting and Auditors' Reports for FY ended March 31, 2026 were taken as read.

Business Transacted

Ordinary Business:

  • Item no. 1: Ordinary Resolution for adoption of Audited Standalone Financial Statement for FY ended March 31, 2026 together with Reports of Board of Directors and Auditors
  • Item no. 1: Ordinary Resolution for adoption of Audited Consolidated Financial Statement for FY ended March 31, 2026 together with Report of Auditors

Special Business:

  • Item no. 2: Ordinary Resolution for ratification of remuneration payable to Cost Auditors for FY 2026-27
  • Item no. 3: Ordinary Resolution for appointment of Mr. Shanay Vikram Shah (DIN: 02726541) as a Director
  • Item no. 4: Ordinary Resolution for appointment of Mr. Shanay Vikram Shah (DIN: 02726541) as Whole Time Director for five consecutive years with effect from August 12, 2026, liable to retire by rotation

Shareholder Interaction

Shareholders who registered as speakers were given opportunity to ask questions, with satisfactory answers provided by company officials.

Outcome Disclosure

The voting results will be declared within 48 hours of conclusion of the meeting and disseminated to stock exchanges, NSDL, and placed on the company's website.