Solid Stone Company Limited held its 36th Annual General Meeting (AGM) on Tuesday, 22nd September 2026 from 9:30 AM to 9:54 AM via Video Conferencing/Other Audio Video Means (VC/OAVM). The meeting was chaired by Milan B. Khakhar with 21 members present, achieving the requisite quorum under Section 103 of the Companies Act, 2013.

The company had appointed MUFG Intime India Pvt. Ltd to facilitate remote e-voting and participation services. Remote e-voting commenced on 19th September 2026 at 9:00 AM and concluded on 21st September 2026 at 5:00 PM. The cutoff date for determining voting eligibility was 15th September 2026. Mr. Kamal Patel, Chartered Accountant, was appointed as the Scrutinizer to oversee the voting process.

Business Transacted

Two ordinary resolutions were considered and approved:

1. Adoption of Audited Financial Statements: Shareholders adopted the audited Standalone and Consolidated Financial Statements for the year ended 31st March 2026, along with Reports of the Board of Directors and Auditors. The resolution passed with 3,747,744 votes in favor (99.9998% of votes polled) and 7 votes against (0.0002%).

  • Promoter & Promoter Group: 3,680,569 shares voted (97.6023% of their holding), all in favor.
  • Public Non-Institutions: 67,182 shares voted (4.1753% of their holding), with 67,175 in favor and 7 against.
  • Total votes polled: 3,747,751 shares (69.6608% of total 5,380,000 shares outstanding).

2. Reappointment of Director: Ms. Rashmi Ghorpade (DIN: 10745942), who retired by rotation, was reappointed as Director. The resolution passed with identical voting results: 3,747,744 votes in favor and 7 against.

The Chairman confirmed that the Annual Report for FY2025-26 had been distributed to members and noted that the Auditors' Report contained no qualifications or adverse comments. Three shareholders spoke during the meeting, expressing appreciation for management and employees.

The Scrutinizer's Report dated 22nd September 2026 confirmed all resolutions were passed with requisite majority. Voting results will be disclosed on the company's website and submitted to stock exchanges as required.

Key Participants

  • Chairman: Milan B. Khakhar
  • Company Secretary: Hardik Valia
  • Scrutinizer: Kamal Patel, Chartered Accountant (M.No.036489)
  • Director Reappointed: Rashmi Ghorpade (DIN: 10745942)

Voting Details

  • Total shareholders on record date: 2,176
  • Shareholders present at AGM: 21
  • Promoter & Promoter Group shares: 3,770,985
  • Public Non-Institution shares: 1,609,015
  • Total outstanding shares: 5,380,000