Meeting Details

The 48th Annual General Meeting was convened on September 28, 2026, commencing at 1:00 PM and concluding at 2:05 PM. The physical meeting was held at Hotel Saffron Leaf, GMS Road, Dehradun, Uttarakhand-248146.

Directors and Key Personnel Present

Directors in Attendance:

  • Mr. Rahul Bishnoi, Chairman
  • Mr. Suresh Kumar Singh, Vice-Chairman
  • Mr. Sham Goel, Independent Director

Other Attendees:

  • Ms. Parul Choudhary, Company Secretary & Compliance Officer
  • Mr. Vinod Kumar, Chief Financial Officer
  • Mr. Manoj Kumar Jain, Secretarial Auditor & Scrutinizer of the meeting

Proposed Resolutions and Implications

The following seven resolutions were proposed and seconded by members during the AGM:

1. Ordinary Resolution: Adoption of Audited Financial Statement of the Company for the financial year ended March 31, 2026, and the reports of the Board of Directors and Auditors thereon.

2. Ordinary Resolution: Declaration of 10% Final Dividend on Equity Shares for the financial year 2025-26.

3. Ordinary Resolution: Re-appointment of Mr. Suresh Kumar Singh (DIN: 00318015) who retires by rotation and offered himself for re-appointment.

4. Ordinary Resolution: Re-appointment of Dr. Vimal Kumar Shrawat (DIN: 08274190) who retires by rotation and offered himself for re-appointment.

5. Special Resolution: Approval of borrowing powers of the Company.

6. Special Resolution: Approval for creation of charge/security on the Company's assets with respect to borrowing.

7. Ordinary Resolution: Ratification of Remuneration of the Cost Auditors for the Financial Year ending March 31, 2027.

Voting Process and Methods

The Company provided remote e-voting facility to members, which commenced at 09:00 AM on Friday, September 25, 2026, and concluded at 05:00 PM on Sunday, September 27, 2026. Members participating in the physical meeting who had not cast their votes through remote e-voting were provided an opportunity to cast their votes at the meeting.

Mr. Manoj Kumar Jain of M/s. AMJ & Associates, Practicing Company Secretaries, was appointed as the scrutinizer to supervise the e-voting process in a fair and transparent manner.

Voting Outcomes

The consolidated results of voting at the AGM and remote e-voting will be provided separately once the report from the scrutinizer is received. The voting results will be communicated to the stock exchanges subsequent to receipt of the combined scrutinizer's report covering both e-voting and voting at the AGM.

Shareholder Engagement and Discussion

The Chairman, Mr. Rahul Bishnoi, delivered a speech apprising members about the economic outlook of the industry, performance of the Company, and challenges faced by the Company. Members were invited to express their views, ask questions, and seek clarifications on the operations and financial performance of the Company and related matters. The Chairman responded to all queries raised by members.

Compliance and Regulatory Aspects

The Company confirmed that statutory registers and other relevant documents referred to in the AGM Notice and explanatory statement were available for inspection at the AGM venue. The proceedings were conducted in accordance with Regulation 30 and all other applicable provisions of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Signatories and Authentication

The document was digitally signed by Parul Arora on September 26, 2026, at 14:43:13 +05:30. The submission to the exchanges was made by Parul Choudhary, Company Secretary & Compliance Officer (ACS: 34854) of Shivalik Rasayan Limited.

Additional Information

The Company's scrip code is 539148 with symbol SHIVALIK. The document reference is STEX/AGM/2026-27 dated September 28, 2026.