Meeting Details

The 26th Annual General Meeting was held on Wednesday, 30th September, 2026, at 11:30 A.M. at the company's registered office at 4F-15, "Oliver House", New Power House Road, Jodhpur.

Summary of Proposed Resolutions and Implications

Three ordinary resolutions were proposed for shareholder approval:

1. Resolution No. 1: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 together with the Reports of the Board of Directors and the Auditors thereon.

2. Resolution No. 2: To appoint a director in place of Mrs. Payal Daga, (DIN: 07134985) who retires by rotation and, being eligible, offers herself for re-appointment.

3. Resolution No. 3: Approval for ratifying remuneration of Cost Auditor for the financial year 2026-27.

The promoters/promoter group were not interested in any of the resolutions.

Voting Process and Methods Used

The voting process combined remote e-voting and voting through poll at the meeting venue.

  • The company engaged CDSL (Central Depository Services (India) Limited) to provide the e-voting platform.
  • The remote e-voting period was open from Sunday, 27 September 2026 (9:00 A.M.) to Tuesday, 29 September 2026 (5:00 P.M.).
  • Shareholders who did not vote via remote e-voting were provided the facility to vote through a poll at the AGM venue.
  • Video conferencing facilities for attendance were not arranged as there were no requests.

Key Voting Outcomes

Shareholder Participation

  • Total number of shareholders on the record date (cut-off date: 23 September 2026): 8,492
  • Number of shareholders present at the meeting (in person or through proxy): 33
  • Promoters and Promoter Group: 7
  • Public: 26

Resolution-Wise Results

Resolution No. 1: Adoption of Financial Statements

  • Total Votes Cast: 8,934,640 (100% of outstanding shares)
  • Votes in Favour: 8,934,395 (99.9973% of votes polled)
  • Votes Against: 245 (0.0027% of votes polled)
  • Result: Passed

Category-wise Breakdown for Resolution 1:

  • Promoter & Promoter Group: 6,960,757 shares voted 100% in favour.
  • Public - Institutions: 0 shares voted.
  • Public - Non-Institutions: 1,973,883 shares voted; 1,973,638 (99.9876%) in favour, 245 (0.0124%) against.

Resolution No. 2: Re-appointment of Mrs. Payal Daga

  • Total Votes Cast: 8,934,640 (100% of outstanding shares)
  • Votes in Favour: 8,934,295 (99.9961% of votes polled)
  • Votes Against: 345 (0.0039% of votes polled)
  • Result: Passed

Category-wise Breakdown for Resolution 2:

  • Promoter & Promoter Group: 6,960,757 shares voted 100% in favour.
  • Public - Institutions: 0 shares voted.
  • Public - Non-Institutions: 1,973,883 shares voted; 1,973,538 (99.9825%) in favour, 345 (0.0175%) against.

Resolution No. 3: Ratification of Cost Auditor Remuneration

  • Total Votes Cast: 8,934,640 (100% of outstanding shares)
  • Votes in Favour: 8,934,295 (99.9961% of votes polled)
  • Votes Against: 345 (0.0039% of votes polled)
  • Result: Passed

Category-wise Breakdown for Resolution 3:

  • Promoter & Promoter Group: 6,960,757 shares voted 100% in favour.
  • Public - Institutions: 0 shares voted.
  • Public - Non-Institutions: 1,973,883 shares voted; 1,973,538 (99.9825%) in favour, 345 (0.0175%) against.

Scrutinizer's Role, Findings, and Conclusions

CS Ira Baxi, a Practicing Company Secretary (FCS 5456, C.P. No. 4712), was appointed as the Scrutinizer to scrutinize the e-voting and poll process.

  • The scrutinizer confirmed that the e-voting was conducted on the CDSL platform (https://www.evotingindia.com) and the votes were unblocked on 30th September 2026 at around 3:39 P.M. in the presence of two independent witnesses: Ms. Rashmi Dansinghani and Ms. Seema Bamaniya.
  • The poll papers were scrutinized and reconciled with company records; no poll papers were found invalid.
  • The scrutinizer's consolidated report details the vote count from both remote e-voting and the physical poll, confirming all resolutions were passed with the requisite majority.
  • All voting records and papers will remain in the scrutinizer's custody until the Chairman approves and signs the AGM minutes.

Compliance with Laws and Regulations

The disclosure confirms compliance with:

  • Section 108 and 109 of the Companies Act, 2013.
  • Rule 20(4)(xii) and 21(2) of the Companies (Management and Administration) Rules, 2014.
  • Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Names and Roles of Signatories

The disclosure was signed by:

  • Amit Baxi (Company Secretary and Compliance Officer, FCS: 8314) on behalf of Somi Conveyor Beltings Limited on 01/10/2026 in Jodhpur.
  • The Scrutinizer's report was signed by CS Ira Baxi (Practicing Company Secretary, FCS 5456) on 01/10/2026 in Jodhur.

Additional Information

  • The remote e-voting report from CDSL (EVSN: 260903087) showed 9 folios voted, representing 4,557 shares.
  • The specific voting details from the e-voting platform for the 9 folios were:
  • Resolution 1: 8 votes (4,312 shares, 94.62%) in favour; 1 vote (245 shares, 5.38%) against.
  • Resolution 2: 7 votes (4,212 shares, 92.43%) in favour; 2 votes (345 shares, 7.57%) against.
  • Resolution 3: 7 votes (4,212 shares, 92.43%) in favour; 2 votes (345 shares, 7.57%) against.