This disclosure, made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the outcomes of the Board of Directors meeting of Solvex Edibles Limited held on Wednesday, 2nd September 2026. The meeting commenced at 1:00 PM and concluded at 6:00 PM.
Key Approvals and Outcomes:
1. Annual Report and Audit Approval:
- The Board took note of the Secretarial Audit Report for FY 2025-2026 issued by CS Manoj Kumar Agarwal, the company's Practicing Company Secretary and Secretarial Auditor.
- The Board approved the Board's Report, Management Discussion and Analysis Report, and all associated annexures for the financial year ended 31st March 2026 for inclusion in the Annual Report.
- The Annual Report is available on the company's website at https://solvexedibles.in/investor-relations/.
2. 13th Annual General Meeting (AGM) Details:
- The 13th AGM will be held on Wednesday, 30th September 2026 at 1:00 PM (IST).
- The meeting will be conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM) as per MCA and SEBI circulars.
- The Board approved the notice for this AGM.
3. Cut-off Date for Voting Eligibility:
- The cut-off date to determine member eligibility for remote e-voting or voting at the AGM is Wednesday, 23rd September 2026.
4. E-Voting Agency Appointment:
- The Board approved the appointment of Central Depository Services (India) Limited (CDSL) as the e-Voting agency for the AGM.
5. Scrutinizer Appointment:
- The Board approved the appointment of CS Manoj Kumar Agarwal, Proprietor of M. Agarwal & Associates, Practicing Company Secretaries, Bareilly, as the Scrutinizer to oversee the e-voting process.
6. Director Re-appointment:
- Based on the Nomination and Remuneration Committee's recommendation, the Board approved the re-appointment of Mr. Vishal Goel (DIN: 01084706), a director retiring by rotation, and will recommend his reappointment to the shareholders at the AGM.
7. Related Party Transaction (RPT) Limit Enhancement:
- Based on the Audit Committee's recommendation, the Board approved enhancing the RPT limit with M/s Unity Enterprises to ₹20 Crore for FY 2026-27. This is subject to shareholder approval at the AGM.
8. RPT Limit Enhancement with Second Entity:
- Based on the Audit Committee's recommendation, the Board approved enhancing the RPT limit with M/s Golden Pearl Oil Products LLP to ₹20 Crore for FY 2026-27. This is also subject to shareholder approval at the AGM.
9. Managerial Remuneration Approval:
- Based on the Nomination and Remuneration Committee's recommendation, the Board approved the payment/continuation of managerial remuneration for Mr. Ashish Goel (DIN: 01084671), Managing Director, at ₹9,00,000 per annum.
- The Board approved the payment/continuation of managerial remuneration for Mr. Rohit Gupta (DIN: 07821110), Whole-time Director, at ₹9,00,000 per annum.
10. Ratification of Past Remuneration:
- Based on the Nomination and Remuneration Committee's recommendation, the Board approved the ratification of remuneration for Mrs. Rashika Gupta (DIN: 06678088), Director, for FY 2025-26, amounting to ₹9,00,000 per annum. This ratification is subject to shareholder approval at the AGM.
11. Remote E-Voting Schedule:
- The remote e-voting period for the AGM is from 9:00 AM (IST) on Sunday, 27th September 2026 to 5:00 PM (IST) on Tuesday, 29th September 2026.