Meeting Details

The 49th Annual General Meeting was held on Friday, 7th August 2026 at Fortuna Tower, 23A, N.S. Road, Room No. 12, 7th Floor, Kolkata - 700001. The meeting commenced at 10:00 A.M. and concluded at 10:45 A.M.

Attendance

Members Present: 51 (Fifty-One) members including 1 (One) Promoter Director were physically present.

Directors Present:

  • Sagar Mal Nahata - Managing Director
  • Sanjib Dutta - Non-Executive Independent Director
  • Sujit Kumar Panda - Non-Executive Non-Independent Director
  • Ajay Pratap Singh - Non-Executive Independent Director
  • Basanti Roy - Non-Executive Independent Director

Key Managerial Personnel:

  • Vikram Agarwal - Company Secretary

Invitees Present:

  • Mr. Pankaj Kumar Modi, Practicing Company Secretary (Secretarial Auditor)
  • Mukesh Chaturvedi, Practicing Company Secretary (Scrutinizer of AGM)

Meeting Proceedings

The Scrutinizer verified and confirmed requisite quorum for the meeting. 51 members were present at the meeting, with 1 member present in person.

Mr. Vikram Agarwal, Company Secretary, welcomed board members and shareholders and introduced the board members and invitees.

Mr. Sagar Mal Nahata, Managing Director, was elected as Chairman of the meeting. He delivered a welcome speech covering company performance and future vision, and announced that statutory registers were available for inspection.

The Chairman took the Notice of the 49th AGM, Report of Statutory Auditors, Financial Statements, and Secretarial Audit Report as read and authorized the Scrutinizer/Company Secretary to carry out voting activity.

Ballot papers were distributed to members for voting, which were deposited in a locked ballot box in presence of all members.

No shareholders raised any queries during the meeting.

The Chairman informed that voting results would be announced within prescribed time upon receipt of Scrutinizer's Report and displayed on company website (www.sharpinvestmentsltd.com) and intimated to Bombay Stock Exchange.

Resolutions Voted On

The following business was transacted at the 49th AGM:

1. Ordinary Resolution: Consider and adopt the Audited Financial Statements for FY ended 31st March 2026, including Balance Sheet, Statement of Profit & Loss, and reports of Board of Directors and Auditors.

2. Ordinary Resolution: Appoint Director in place of Mr. Sujit Kumar Panda (DIN: 06873319) who retires by rotation under Section 152(6) of Companies Act, 2013.

3. Ordinary Resolution: Appoint M/s Arun Jain & Associates, Chartered Accountants (FRN: 325867E), Kolkata as Statutory Auditors and fix their remuneration.

4. Ordinary Resolution: Appoint Mr. Pankaj Kumar Modi (C.P.No.12472), Company Secretary in practice, as Secretarial Auditors.

5. Special Resolution: Regularize appointment of Mr. Jagdish Sharma (DIN: 10911803) as Non-Executive Independent Director.

6. Special Resolution: Appoint Mr. Sanjib Dutta (DIN: 08419495) as Non-Executive Independent Director.

7. Special Resolution: Increase in authorized share capital of the company and consequential alteration in memorandum of association.

8. Special Resolution: Acquisition of 45,85,860 equity shares of M/s Rajal Lefin & Commercial Private Limited ("RLCPL").

Voting Details and Results

Total Voting Participation: 92 members holding 4,19,28,501 equity shares exercised voting rights

  • 59 members (2,88,84,569 shares) voted through remote e-voting
  • 33 members (1,30,43,932 shares) voted through ballot at AGM

E-voting Period: Tuesday 4th August 2026 (9:00 a.m.) to Thursday 6th August 2026 (5:00 p.m.)

Voting Results:

Resolution 1 (Ordinary - Financial Statements):

  • Votes in favor: 4,19,28,476 shares (99.9999%)
  • Votes against: 25 shares (0.0001%)
  • Invalid votes: 0 shares

Resolution 2 (Ordinary - Director Re-appointment):

  • Votes in favor: 4,19,28,449 shares (99.9999%)
  • Votes against: 52 shares (0.0001%)
  • Invalid votes: 0 shares

Resolution 3 (Ordinary - Statutory Auditors):

  • Votes in favor: 4,19,28,449 shares (99.9999%)
  • Votes against: 52 shares (0.0001%)
  • Invalid votes: 0 shares

Resolution 4 (Ordinary - Secretarial Auditors):

  • Votes in favor: 4,19,28,449 shares (99.9999%)
  • Votes against: 52 shares (0.0001%)
  • Invalid votes: 0 shares

Resolution 5 (Special - Director Regularization):

  • Votes in favor: 4,19,28,449 shares (99.9999%)
  • Votes against: 52 shares (0.0001%)
  • Invalid votes: 0 shares

Resolution 6 (Special - Director Appointment):

  • Votes in favor: 4,19,28,476 shares (99.9999%)
  • Votes against: 25 shares (0.0001%)
  • Invalid votes: 0 shares

Resolution 7 (Special - Share Capital Increase):

  • Votes in favor: 4,19,28,476 shares (99.9999%)
  • Votes against: 25 shares (0.0001%)
  • Invalid votes: 0 shares

Resolution 8 (Special - Share Acquisition):

  • Votes in favor: 4,19,27,576 shares (99.99996%)
  • Votes against: 925 shares (0.00004%)
  • Invalid votes: 0 shares

All resolutions were passed with requisite majority.

Scrutinizer's Report

Mukesh Chaturvedi, Company Secretary in practice (FCS: 11063, CP: 3390), was appointed as Scrutinizer. The report confirms the voting process complied with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014.

Conclusion

The meeting concluded at 10:45 A.M. with a vote of thanks to members, invitees, and management.