Meeting Details

The 37th Annual General Meeting (AGM) of Sky Industries Limited was held on Saturday, August 01, 2026, from 11:00 A.M. to 12:06 P.M. (including time allowed for E-Voting post conclusion of AGM).

Meeting Mode

The meeting was conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with MCA Circulars (including General Circular No. 03/2025 dated September 22, 2025) and SEBI Circulars (including Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026).

Attendance

Directors in Attendance:

  • Shailesh S Shah, Managing Director (from Mumbai)
  • Maikal Raorani, Whole Time Director & CFO (from Mumbai)
  • Anoop Dubey, Whole Time Director (from Vapi)
  • Lokanath S Mishra, Independent Director & Chairperson of Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee (from Mumbai)
  • Sanghamitra Sarangi, Independent Director (from Chennai)

Key Managerial Personnel:

  • Priyal Ruparelia, Company Secretary & Compliance Officer (from Mumbai)

Other Representatives:

  • Statutory Auditors - Representative of CGCA & Associates LLP, Chartered Accountants (from Mumbai)
  • Internal Auditors - Representative of KSCA and Associates LLP, Chartered Accountants (from Mumbai)
  • Secretarial Auditors - Representative of Ramesh Chandra Mishra & Associates, Practicing Company Secretaries (from Mumbai)
  • Scrutinizer - Representative of Disha Ramani & Associates, Practicing Company Secretaries (from Mumbai)

Quorum: A total of 52 Members were present in the Meeting.

Proceedings Summary

The Chairperson, Mr. Shailesh S. Shah, confirmed the meeting was duly constituted with requisite quorum. The Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, along with Board of Directors and Statutory Auditors reports, were already circulated electronically and were placed before the meeting for consideration.

Mr. Shah presented an overview of the company's business environment, operational developments, financial performance, operational achievements, strategic initiatives, and overall progress during the year. He specifically apprised members of developments relating to the company's Gujarat manufacturing plant, including its progress, operational readiness, and expected role in enhancing production capabilities and supporting long-term growth strategy.

Voting Details

Remote E-Voting was facilitated for all resolutions set out in the AGM notice. The facility was available to shareholders as of the cut-off date Friday, July 17, 2026. The remote E-Voting window was open from 9:00 A.M. on Wednesday, July 29, 2026, until 5:00 P.M. on Friday, July 31, 2026. Members who hadn't used remote E-Voting could vote electronically during the AGM.

Resolutions Considered

Ordinary Business:

1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors (Ordinary Resolution)

2. To declare a Final Dividend @10% i.e. Re. 1/- per Equity Share of Rs. 10 each for FY ended March 31, 2026 (Ordinary Resolution)

3. To appoint Director in place of Mr. Shailesh S Shah (DIN: 00006154) who retires by rotation (Ordinary Resolution)

4. To appoint Director in place of Mr. Maikal Bhupendra Raorani (DIN: 00037831) who retires by rotation (Ordinary Resolution)

Special Business:

5. Appointment of Mr. Abhishek Jain (DIN: 11695801) as Independent Director for three years (Special Resolution)

6. Appointment of Mr. Anoop Dubey (DIN: 11695863) as Executive Director (Ordinary Resolution)

7. Appointment of Mr. Anoop Dubey (DIN: 11695863) as Whole Time Director for three years (Special Resolution)

Interactive Session

Five members attending through video conferencing raised queries regarding the company's financial performance, operations, and future prospects. Management responded to all queries and provided necessary clarifications.

Voting Results Process

M/s. Disha Ramani and Associates were appointed as Scrutinizer to oversee the remote E-Voting and E-Voting conducted during the meeting. The E-Voting facility remained available for 30 minutes after the AGM conclusion. Voting results based on the Scrutinizer's Report will be declared and submitted to the Stock Exchange in compliance with Regulation 44(3) of SEBI LODR Regulations. Results will be declared within two working days from meeting conclusion upon receipt of Scrutinizer's Report and will be made available on the company's website, NSDL website, and communicated to BSE Limited.

Conclusion

The meeting concluded at 11:36 P.M. after the E-Voting facility remained open for 30 minutes following proceedings. All business set out in the Notice was duly transacted.