Meeting Details

The 13th Annual General Meeting of Shanti Gold International Limited was held on Monday, September 28, 2026 at 03:00 P.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM).

Proposed Resolutions and Implications

The AGM considered four resolutions:

Ordinary Business:

  • Resolution No. 01: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026 together with the reports of the Board of Directors and Auditors thereon.
  • Resolution No. 02: To appoint a director in place of Mr. Shashank Jagawat (DIN: 01824609), Non-Executive Director, who retires by rotation and, being eligible, offers himself for re-appointment.

Special Business:

  • Resolution No. 03: To increase the borrowing powers of the Company under Section 180(1)(c) of the Companies Act, 2013.
  • Resolution No. 04: To create charge/security on the Company's assets in respect of borrowings, under Section 180(1)(a) of the Companies Act, 2013.

Voting Process and Methods

The Company provided facility for remote e-voting as well as e-voting at the AGM. The e-voting period remained open from Friday, September 25, 2026 at 9:00 A.M. IST to Sunday, September 27, 2026 at 5:00 P.M. IST. Members of the Company as on cut-off date Monday, September 21, 2026 were entitled to vote.

Key Voting Outcomes

Overall Participation

  • Total votes cast: 5,49,75,820 shares across 57 members (100% of valid votes cast)
  • Total shareholder participation: 71.6396% of outstanding shares

Resolution-wise Results:

Resolution No. 01 (Ordinary - Financial Statements):

  • Votes in favor: 5,49,75,820 (100%)
  • Votes against: 0 (0%)
  • Invalid votes: NIL

Resolution No. 02 (Ordinary - Director Re-appointment):

  • Votes in favor: 5,49,70,420 (100%)
  • Votes against: 0 (0%)
  • Invalid votes: NIL
  • Note: Voting of Mr. Shashank Jagawat was not considered as he was related party to the resolution

Resolution No. 03 (Special - Borrowing Powers):

  • Votes in favor: 5,49,75,752 (99.9999%)
  • Votes against: 73 (0.0001%)
  • Invalid votes: NIL

Resolution No. 04 (Special - Asset Charge Creation):

  • Votes in favor: 5,49,75,763 (99.9999%)
  • Votes against: 62 (0.0001%)
  • Invalid votes: NIL

Shareholder Category Breakdown

Resolution No. 01:

  • Promoter & Promoter Group: 5,39,89,200 shares voted (100% of their holding), all in favor
  • Public Institutions: 9,45,600 shares voted (32.7343% of their holding), all in favor
  • Public Non-Institutions: 41,020 shares voted (0.2065% of their holding), all in favor

Resolution No. 02:

  • Promoter & Promoter Group: 5,39,89,200 shares voted (100% of their holding), all in favor
  • Public Institutions: 9,45,600 shares voted (32.7343% of their holding), all in favor
  • Public Non-Institutions: 41,020 shares voted (0.2065% of their holding), all in favor

Resolution No. 03:

  • Promoter & Promoter Group: 5,39,89,200 shares voted (100% of their holding), all in favor
  • Public Institutions: 9,45,600 shares voted (32.7343% of their holding), all in favor
  • Public Non-Institutions: 41,025 shares voted (0.2066% of their holding), 40,952 in favor (99.8221%), 73 against (0.1779%)

Resolution No. 04:

  • Promoter & Promoter Group: 5,39,89,200 shares voted (100% of their holding), all in favor
  • Public Institutions: 9,45,600 shares voted (32.7343% of their holding), all in favor
  • Public Non-Institutions: 41,025 shares voted (0.2066% of their holding), 40,963 in favor (99.8489%), 62 against (0.1511%)

Scrutinizer's Role and Findings

Mrs. Maithili Nandedkar (Membership No. F8242/CP. No. 9307), Partner, MNB & Co. LLP, Company Secretaries, Mumbai was appointed as Scrutinizer. The scrutinizer confirmed:

  • All votes cast by members were found to be valid
  • E-voting data was scrutinized for verification of votes cast in favor and against each resolution
  • The e-voting results were reconciled with records maintained by Registrar and Transfer Agents
  • The number of votes cast in favor of all resolutions exceeds the requisite majority

Compliance Confirmation

The document confirms compliance with Regulation 44 of SEBI LODR Regulations, 2015 and Section 108 of the Companies Act, 2013 read with relevant rules. All resolutions have been passed with requisite majority in accordance with the provisions of the Companies Act, 2013.

Additional Information

The reports have been uploaded on the company website (www.shantigold.in) and NSDL website (https://www.evoting.nsdl.com/). The total outstanding shares of the company are 7,67,39,471 shares.