Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sharda Cropchem Limited

Meeting Details

The 23rd Annual General Meeting was held on Friday, 14th August, 2026 at 1:00 p.m. IST through Video Conferencing / Other Audio-Visual Means (VC/OAVM). The meeting was deemed to be held at the Registered Office of the Company at 2nd Floor, Primeus Business Park, Dashrathlal Joshi Road, Vile Parle (West), Mumbai - 400056, Maharashtra.

Proposed Resolutions and Implications

Four ordinary resolutions were proposed for shareholder approval:

1. To receive, consider and adopt the Standalone Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereon.

2. To receive, consider and adopt the Consolidated Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Report of the Auditors thereon.

3. To declare a Final Dividend on Equity Shares of the Company for the Financial Year 2025-26.

4. To appoint a Director in place of Mr. Ramesh R. Bubna (DIN: 00945147), who retires by rotation and being eligible, offers himself for re-appointment.

Voting Process and Methods

The voting process included:

  • Remote e-voting period: Tuesday, 11th August, 2026 (9:00 a.m. IST) to Thursday, 13th August, 2026 (5:00 p.m. IST)
  • E-voting during the AGM on 14th August, 2026
  • The cut-off date for determining voting rights was Friday, 7th August, 2026
  • KFIN Technologies Limited was engaged as the authorized agency for facilitating electronic voting
  • Mr. Jigar Pankaj Shah was appointed as Scrutinizer to oversee the voting process

Key Voting Outcomes

Resolution 1: Adoption of Standalone Financial Statements
  • Total votes cast: 7,79,21,106
  • Votes in favor: 7,79,21,106 (99.9997%)
  • Votes against: 209 (0.0003%)
  • Invalid votes: 0
  • Abstained: 16,448 shares
Resolution 2: Adoption of Consolidated Financial Statements
  • Total votes cast: 7,78,60,179
  • Votes in favor: 7,78,60,179 (99.9215%)
  • Votes against: 61,136 (0.0785%)
  • Invalid votes: 0
  • Abstained: 16,448 shares
Resolution 3: Declaration of Final Dividend
  • Total votes cast: 7,79,37,557
  • Votes in favor: 7,79,37,557 (99.9997%)
  • Votes against: 206 (0.0003%)
  • Invalid votes: 0
  • Abstained: 0 shares
Resolution 4: Re-appointment of Director
  • Total votes cast: 7,77,22,204
  • Votes in favor: 7,77,22,204 (99.7234%)
  • Votes against: 2,15,559 (0.2766%)
  • Invalid votes: 0
  • Abstained: 16,448 shares

Shareholder Category Breakdown

Promoter & Promoter Group
  • Total shares held: 6,75,03,833
  • Votes cast: 6,75,03,833 (100% participation)
  • All resolutions passed with 100% approval
Public - Institutions
  • Total shares held: 1,11,30,956
  • Votes cast: 1,03,83,583 - 1,04,00,031 (93.28-93.43% participation)
  • High approval rates (97.93-100% across resolutions)
Public - Non-Institutions
  • Total shares held: 1,15,85,706
  • Votes cast: 33,899 (0.2926% participation)
  • Approval rates ranged from 90.25-100%

Scrutinizer's Role and Findings

Mr. Jigar Pankaj Shah, Practicing Company Secretary, was appointed as Scrutinizer to scrutinize the voting process in a fair and transparent manner. The scrutinizer's report confirms:

  • Proper dispatch of notice to all members with registered email addresses
  • Publication of advertisement in Economic Times and Maharashtra Times on 15th July, 2026
  • Proper conduct of remote e-voting and e-voting during the AGM
  • Vote unblocking was done in the presence of two independent witnesses
  • Reconciliation of remote e-voting results with e-voting results during the AGM

Compliance Confirmation

The company confirmed compliance with:

  • Companies Act, 2013 and relevant rules
  • SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
  • SEBI circulars and guidelines for conducting voting through electronic means