Sky Gold 18th AGM Approves All Three Resolutions

Meeting Details

The 18th Annual General Meeting was held on Wednesday, September 30, 2026, at 11:00 A.M. IST through Video Conferencing. The record date (cut-off date) for determining shareholders entitled to vote was Friday, August 28, 2026, with 106,657 shareholders on record. The meeting was attended by 40 shareholders via video conferencing, comprising 9 from Promoters and Promoter Group and 31 from Public category.

Proposed Resolutions and Implications

Three ordinary resolutions were proposed for shareholder approval:

1. Adoption of Financial Statements: To consider and adopt (a) the 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; and (b) the Audited Consolidated Financial Statement of the Company for the financial year ended March 31, 2026, and the report of Auditors thereon.

2. Director Re-appointment: To re-appoint Mr. Mahendra Champalal Chauhan (DIN: 02138084) who retires by rotation as a Director (Whole-time Director).

3. Auditor Re-appointment: To consider and approve the re-appointment of M/s M S K A & Associates LLP (Formerly known as M S K A & Associates), Chartered Accountants (Firm Registration No. 105047W/W101187), as Statutory Auditors of the Company.

Voting Process and Methods

The Company provided remote e-voting facility through National Securities Depository Limited (NSDL). The remote e-voting period commenced on Sunday, September 27, 2026, at 9:00 A.M. IST and ended on Tuesday, September 29, 2026, at 5:00 P.M. IST. Shareholders holding shares on the cut-off date of Wednesday, September 23, 2026, were entitled to vote. The register was maintained electronically to record assent or dissent received, mentioning particulars of name, address, folio number, or client ID of shareholders, and number of shares held.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

Total votes cast: 100,585,054 shares (64.9464% of outstanding shares)
In favor: 93,617,910 shares (93.0734% of votes polled)
Against: 6,967,144 shares (6.9266% of votes polled)
Promoter voting: 80,131,294 shares voted (100% in favor)
Public Institutions: 18,388,650 shares voted (62.1119% in favor, 37.8881% against)
Public Non-Institutions: 2,065,110 shares voted (99.9988% in favor, 0.0012% against)
Result: Passed

Resolution 2: Re-appointment of Director

Total votes cast: 100,585,054 shares (64.9464% of outstanding shares)
In favor: 100,574,280 shares (99.9893% of votes polled)
Against: 10,774 shares (0.0107% of votes polled)
Promoter voting: 80,131,294 shares voted (100% in favor)
Public Institutions: 18,388,650 shares voted (99.9420% in favor, 0.0580% against)
Public Non-Institutions: 2,065,110 shares voted (99.9950% in favor, 0.0050% against)
Result: Passed

Resolution 3: Re-appointment of Auditors

Total votes cast: 100,585,054 shares (64.9464% of outstanding shares)
In favor: 100,584,955 shares (99.9999% of votes polled)
Against: 99 shares (0.0001% of votes polled)
Promoter voting: 80,131,294 shares voted (100% in favor)
Public Institutions: 18,388,650 shares voted (100% in favor)
Public Non-Institutions: 2,065,110 shares voted (99.9952% in favor, 0.0048% against)
Result: Passed

Scrutinizer's Role and Findings

Mr. Shivang Goyal, Proprietor of M/s. Shivang G Goyal & Associates, Practicing Company Secretaries, Mumbai, was appointed as Scrutinizer to scrutinize the e-voting process in a fair and transparent manner. The Scrutinizer confirmed:

The votes cast do not include abstained votes
There were no invalid votes in the total votes cast on the resolutions
All resolutions were passed by members with requisite majority
The voting process was unblocked in the presence of two witnesses: Ms. Hussaina Bhanpurawala and Ms. Bhoomi Thakkar

Compliance with Laws and Regulations

The Company complied with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management & Administration) Rules 2014, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Secretarial Standard-2 on General Meetings, and various MCA Circulars including General Circular Nos. 14/2020, 17/2020, and 03/2025. The electronic copy of the Notice and explanatory statement was sent to shareholders whose email addresses were registered with Depository Participants/Registrar and Share Transfer Agent.