Meeting Details

The 37th Annual General Meeting was held on Saturday, September 12, 2026 at 10:30 AM IST at the Registered Office of the Company situated at Village Kanech, Near Sahnewal, G.T. Road, Ludhiana-141120.

Meeting Duration

The meeting commenced at 10:30 AM and concluded at 12:10 PM.

Attendees

Directors Present:

  • Mr. Munish Avasthi - Chairman Cum Managing Director
  • Mrs. Anjali Avasthi - Non-Executive Non Independent Director
  • Mr. Sandeep Kapur - Independent Director and Chairperson of Audit Committee, Stakeholder Relationship Committee and Nomination & Remuneration Committee
  • Mr. Chetan Rupal - Whole time Director
  • Mr. Puneet Singhania - Independent Director

Other Attendees:

  • Mr. Sandeep Sachdeva - Chief Financial Officer
  • Mr. Lovlesh Verma - Company Secretary & Compliance Officer
  • Mr. Abhishek Goel - Manager, SCV & Co LLP, Statutory Auditors
  • Mr. Sumit Ghai - Scrutinizer
  • Mr. Sunny Kakkar - Secretarial Auditor

Meeting Proceedings

Mr. Lovlesh Verma, Company Secretary & Compliance Officer commenced the meeting by welcoming members and introducing Board members and dignitaries. Mr. Munish Avasthi (Chairman and Managing Director) chaired the meeting.

Documentation and Voting Arrangements

  • Annual Report consisting of Board's and Auditors' Report along with Notice of the 37th AGM were e-mailed to shareholders who registered their email address
  • Physical letters with web links were sent to shareholders without registered email addresses
  • Statutory documents were made available for electronic inspection during the AGM
  • Remote e-voting facility was provided through Central Depository Services Limited (CDSL)
  • Remote e-voting period: Wednesday, September 9, 2026 at 09:00 AM IST to Friday, September 11, 2026 at 05:00 PM IST
  • Members who didn't vote remotely could cast votes through ballot paper at the meeting
  • Mr. Sumit Ghai (M. No. FCS 10253 & C.P. No. 12814), Partner of Lal Ghai & Associates, was appointed as Scrutinizer to scrutinize votes cast at the meeting and through remote e-voting

Management Presentation

Mr. Munish Avasthi, Chairman of the Company, addressed shareholders and highlighted the Company's performance for financial year 2025-26. The Notice of the 37th AGM and Board's Report were taken as read with shareholders' permission. The unmodified Statutory Auditor's Report on Standalone financial statements for year ended March 31, 2026 and Secretarial Audit Report for financial year ended March 31, 2026 were also taken as read.

Agenda Items Considered

There were 5 agenda items for shareholder approval:

Ordinary Business (3 Resolutions):

1. To receive, consider and adopt the Standalone Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon

2. To declare dividend on Equity Shares of the Company for the Financial Year ended March 31, 2026 (Ordinary Resolution)

3. To appoint a Director in place of Mrs. Anjali Avasthi (DIN: 06911970), Non-executive Non Independent Director who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, and being eligible, offers herself for re-appointment

Special Business (2 Resolutions):

4. Ratification of Remuneration payable to Cost Auditors for the Financial Year 2026-27 (Ordinary Resolution)

5. To approve change in designation of Mrs. Anjali Avasthi (DIN: 06911970), from Non-Executive Director to Whole time Director (Special Resolution)

Shareholder Interaction

The Chairman initiated a Question & Answer session where shareholders expressed views and sought clarification on the Company's performance and related matters. Mr. Munish Avasthi, MD, CEO responded to the queries.

Voting Results Announcement

The Chairman informed that combined results for remote e-voting and voting through ballot paper during the AGM would be declared and intimated within 2 working days of conclusion of the meeting. The results will be uploaded on the websites of BSE (www.bseindia.com), NSE (www.nseindia.com), and the Company's website (www.sportking.co.in).

Meeting Conclusion

The AGM concluded at 12:10 PM with a vote of thanks to those present.