Sikko Industries 26th AGM Approves All Six Resolutions

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

Meeting Details

Date of Meeting: September 26, 2026

Type of Meeting: 26th Annual General Meeting

Start Time: 11:00 A.M. (IST)

End Time: 11:18 A.M. (IST)

Record Date: September 19, 2026

Total Shareholders on Record Date: 31,738

Meeting Venue: Conducted through Video Conferencing/Other Audio Visual Means via Zoom platform

Deemed Venue: Registered office of the Company at 508 Iscon Elegance, Nr. Jain Temple, Nr. Prahladnagar Pick up Stand, Vejalpur, Ahmedabad - 380 051

Shareholder Participation

Promoters and Promoter Group attended through VC: 8 members

Public Shareholders attended through VC: 38 members

Total Shareholders Present: 46 members

Proposed Resolutions and Implications

Six resolutions were proposed and approved at the meeting:

1. Ordinary Resolution: Adoption of (a) audited standalone financial statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors; and (b) audited consolidated financial statements for FY ended March 31, 2026 with report of Auditors

2. Ordinary Resolution: Re-appointment of Mr. Ghanshyam Mohanbhai Kumbhani (DIN: 00587855) as Whole-Time Director retiring by rotation

3. Special Resolution: Re-appointment of Mr. Jayantibhai Mohanbhai Kumbhani (DIN: 00587807) as Managing Director

4. Special Resolution: Re-appointment of Mr. Ghanshyam Mohanbhai Kumbhani (DIN: 00587855) as Chairman and Whole-Time Director

5. Special Resolution: Re-appointment of Mrs. Alpaben Jayantibhai Kumbhani (DIN: 00587848) as Executive Director

6. Ordinary Resolution: Approval of Material Related Party Transaction between the company and M/s. Sikkon Crop Technology, Sole proprietorship Firm

Voting Process and Methods

The voting was conducted through:

Remote E-Voting: Available from September 23, 2026 (9:00 A.M.) to September 25, 2026 (5:00 P.M.) through NSDL platform
E-Voting during AGM: Available for shareholders present during the meeting who had not voted remotely, open until 15 minutes after closure of AGM
Physical Poll: Not conducted (0 votes)
Postal Ballot: Not applicable (0 votes)

The company provided newspaper advertisements in Financial Express (English and Gujarati) on September 4, 2026, regarding the meeting details and voting process.

Key Voting Outcomes

Overall Participation

Total Shares Outstanding: 436,800,000

Total Votes Polled: 259,924,378 shares (59.5065% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Ordinary - Financial Statements):

Total Votes: 259,924,378 shares (59.5065%)
In Favor: 259,923,669 shares (99.9997%)
Against: 709 shares (0.0003%)
Result: Passed

Resolution 2 (Ordinary - Director Re-appointment):

Total Votes: 259,924,378 shares (59.5065%)
In Favor: 259,923,669 shares (99.9997%)
Against: 709 shares (0.0003%)
Result: Passed

Resolution 3 (Special - Managing Director Re-appointment):

Total Votes: 259,924,378 shares (59.5065%)
In Favor: 259,924,068 shares (99.9999%)
Against: 310 shares (0.0001%)
Result: Passed

Resolution 4 (Special - Chairman Re-appointment):

Total Votes: 259,924,378 shares (59.5065%)
In Favor: 259,923,669 shares (99.9997%)
Against: 709 shares (0.0003%)
Result: Passed

Resolution 5 (Special - Executive Director Re-appointment):

Total Votes: 259,924,381 shares (59.5065%)
In Favor: 259,923,672 shares (99.9997%)
Against: 709 shares (0.0003%)
Result: Passed

Resolution 6 (Ordinary - Related Party Transaction):

Total Votes: 19,842,381 shares (4.5427%)
In Favor: 19,841,672 shares (99.9964%)
Against: 709 shares (0.0036%)
Result: Passed

Category-wise Voting Breakdown:

Promoter and Promoter Group:

Shares Held: 240,082,000
Votes Polled: 240,082,000 (100% of held shares)
Voted 100% in favor on all resolutions where they were not interested parties
Did not vote on Resolution 6 (related party transaction where they were interested)

Public Institutions:

Shares Held: 32,201,160
Votes Polled: 0 (0% of held shares)

Public Non-Institutions:

Shares Held: 164,516,840
Votes Polled: 19,842,378 shares (12.0610% of held shares)
Majority voted in favor with minimal opposition (709 shares against on most resolutions)

Invalid Votes:

No invalid votes were recorded across all shareholder categories (Promoter, Public Institutions, Public Non-Institutions).

Scrutinizer's Role and Findings

Scrutinizer: M/s. Prasad and Partners LLP (Formerly known as M/S. ALAP & CO. LLP)

Scrutinizer Name: Anand Lavingia, CS (Membership No. A26458)

Appointment Date: August 22, 2026

Report Issuance Date: September 26, 2026

The scrutinizer was responsible for ensuring fair and transparent voting through remote e-voting and e-voting during the AGM. The voting was conducted using NSDL's e-voting system, and the results were generated in the presence of the scrutinizer.

Key Findings:

Remote e-voting was unblocked in the presence of two witnesses
All voting records and papers remain in the scrutinizer's safe custody until minutes are approved
The voting process complied with Section 108 of Companies Act, 2013 and relevant rules
The scrutinizer confirmed all resolutions were approved by shareholders

Compliance with Laws and Regulations

The company confirmed compliance with:

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Companies Act, 2013 and Companies (Management & Administration) Rules, 2014
MCA Circulars: 14/2020, 17/2020, 20/2020, 02/2021, 02/2022, 10/2022, 09/2023, 09/2024, and 03/2025
Secretarial Standard-2 on General Meetings

Additional Information

The company used NSDL's e-voting platform for both remote and meeting voting
Notice of AGM was dispatched via email on September 2, 2026, and also available on company website, NSDL website, and NSE website
Physical attendance and proxy appointments were dispensed with following MCA circulars
Quorum was reckoned based on members attending through VC/OAVM under Section 103 of Companies Act 2013
The register of members and beneficiary owners were provided by NSDL and CDSL as of August 28, 2026