Meeting Details

The 69th Annual General Meeting (AGM) of Sudarshan Colorants India Limited was held on Tuesday, August 18, 2026 at 2:00 p.m. (IST) through Video Conference (VC) / Other Audio-Visual Means (OAVM). The meeting was conducted in accordance with the Companies Act, 2013, SEBI Listing Regulations, 2015, and relevant circulars from MCA and SEBI. The deemed venue was the Registered Office at Rupa Renaissance, B Wing, 25th Floor, D-33 MIDC Road, TTC Industrial Area, Juinagar, Navi Mumbai 400705, India.

Directors Present

Eight directors attended the meeting:

  • Mr. Rajesh Rathi - Chairman and Non-Executive Non-Independent Director (Pune)
  • Mr. Sambit Roy - Managing Director (Pune)
  • Mrs. Sudha Navandar - Non-Executive Independent Director (Mumbai)
  • Mrs. Anu Wakhlu - Non-Executive Independent Director (USA)
  • Mrs. Diana Dhote - Non-Executive Independent Director (Mumbai)
  • Mr. Naresh Raisinghani - Non-Executive Independent Director (Mumbai)
  • Mr. Amitabha Mukhopadhyay - Non-Executive Non-Independent Director (Kolkata)
  • Mr. Mandar Velankar - Non-Executive Non-Independent Director (Pune)

Other Attendees

The meeting was also attended by:

  • Mrs. Sudha Navandar - Chairperson of Audit Committee
  • Mr. Naresh Raisinghani - Chairperson of Risk Management Committee
  • Mrs. Anu Wakhlu - Chairperson of Nomination and Remuneration Committee
  • Mrs. Diana Dhote - Chairperson of Stakeholders' Relationship Committee and CSR Committee
  • Mr. Nilkanth Natu - Chief Financial Officer (Interim)
  • Mr. Adwait Joshi - Company Secretary
  • Representatives of M S K A & Associates LLP, Chartered Accountants (Statutory Auditors)
  • Representative of Jayavant Bhave, Secretarial Auditors
  • Representative of Cost Auditors

Shareholder Participation

Total 51 members were present at the AGM through VC/OAVM facility and webcast facility provided by National Securities Depository Limited (NSDL).

Key Proceedings

Mr. Rajesh Rathi, Chairman of the Company, chaired the meeting and called it to order at 2:00 p.m. (IST) after ascertaining quorum.

The Chairman introduced all directors present and confirmed the presence of committee chairpersons and other officials.

It was informed that the Statutory Auditor's Report on Financial Statements and Secretarial Auditor's Report did not contain any qualification, observation, or adverse remark.

The Director's Report, Statement of Financial Statements for FY ended March 31, 2026, and Notice convening the 69th AGM were taken as read as they had been previously circulated to members.

The Chairman and Managing Director made separate presentations on the company's performance during FY 2025-26, including key business highlights and financial performance.

Voting Arrangements

The company provided facility for electronic voting on all resolutions. Members present at the meeting who had not cast votes electronically were provided an opportunity to cast votes at the end of the meeting through e-voting. There was no voting by show of hands.

Statutory Registers and other relevant documents referred to in the AGM notice were available for electronic inspection.

Resolutions Voted On

Ordinary Business:

1. Adoption of Audited Financial Statements of the Company for the year ended March 31, 2026, together with the report of the Board of Directors and Auditors thereon.

2. Appointment of Mr. Mandar Velankar (DIN: 11069055), Non-Executive and Non-Independent Director, who retires by rotation under Section 152(6) of Companies Act, 2013, and being eligible, offers himself for re-appointment.

Special Business:

3. Ratification for payment of remuneration to Mrs. Ashwini Kedar Joshi, Cost Auditors for Financial Year 2026-27 to conduct Audit of Cost Records of the Company.

Shareholder Interaction

Members present at the meeting, including "Speaker Shareholders," were given opportunity to ask questions and seek clarifications. The Chairman and Managing Director responded to questions raised.

Meeting Conclusion and Results

The Chairman authorized the Company Secretary to coordinate e-voting and declare results after receipt of Scrutinizer's Report. The results were to be made available on the company website (www.sudarshan.com), stock exchange websites (BSE: www.bseindia.com, NSE: www.nseindia.com), and NSDL website (www.evoting@nsdl.com) within statutory timelines.

The AGM commenced at 2:00 p.m. (IST) and concluded at 3:30 p.m. (IST), including time provided for e-voting at the AGM.

#Tags: #SudarshanColorants #AGM #SEBIDisclosure #RegulatoryCompliance #CorporateGovernance