Suraj Limited held its 33rd Annual General Meeting (AGM) on Friday, June 26, 2026 at 10:30 AM IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM). All five items of business contained in the Notice of the AGM were transacted and approved by shareholders with requisite majority.

The voting process was conducted using CDSL's e-voting platform. The remote e-voting period commenced on Tuesday, June 23, 2026 (9:00 a.m. IST) and ended on Thursday, June 25, 2026 (5:00 p.m. IST). Shareholders holding shares as of the cut-off date Friday, June 19, 2026 were entitled to vote on the resolutions.

Hardikkumar Dhirubhai Jetani, proprietor of M/s. Hardik Jetani & Associates, Practicing Company Secretary, was appointed as Scrutinizer by the Board of Directors in their meeting held on May 07, 2026 to scrutinize the remote e-voting and e-voting process.

Resolution Details:

Resolution No. 1 (Ordinary Resolution)

  • Approval of Audited Standalone Financial Statements for FY 2025-26 and reports of Board of Directors and Auditors
  • Approval of Audited Consolidated Financial Statements for FY 2025-26 and reports of Auditors
  • Results: 25 members voted, casting 14,339,303 valid votes (100.00%)
  • In favor: 14,339,302 votes (100.00%)
  • Against: 1 vote (0.00%, Negligible)
  • Invalid votes: None

Resolution No. 2 (Ordinary Resolution)

  • Re-appointment of Mr. Kunal Tarachand Shah (DIN: 00254205) who retires by rotation
  • Results: 24 members voted, casting 14,339,304 valid votes
  • In favor: 14,028,050 votes (97.83%)
  • Against: 311,254 votes (2.17%)
  • Invalid votes: None

Resolution No. 3 (Ordinary Resolution)

  • Ratification of remuneration payable to cost auditors for FY 2026-27
  • Results: 24 members voted, casting 14,339,304 valid votes
  • In favor: 14,028,050 votes (97.83%)
  • Against: 311,254 votes (2.17%)
  • Invalid votes: None

Resolution No. 4 (Ordinary Resolution)

  • Approval of Material Related Party Transaction with TBS Metal Private Limited
  • Results: 12 members voted, casting 1,120,541 valid votes
  • In favor: 809,287 votes (72.22%)
  • Against: 311,254 votes (27.78%)
  • Invalid votes: 12 members, 13,218,763 votes

Resolution No. 5 (Ordinary Resolution)

  • Approval of Material Related Party Transaction with Suraj Enterprise Private Limited
  • Results: 12 members voted, casting 1,120,541 valid votes
  • In favor: 809,287 votes (72.22%)
  • Against: 311,254 votes (27.78%)
  • Invalid votes: 12 members, 13,218,763 votes

Shareholder Participation:

  • Total shareholders on record date: 2,856
  • Shareholders present in meeting: 25 (12 Promoters/Promoter Group, 13 Public)
  • Promoters and Promoter Group shares: 13,772,823
  • Public Institutions shares: 0
  • Public Non-Institutions shares: 4,591,277
  • Total outstanding shares: 18,364,100
  • Total votes polled: 14,339,304 (78.0833% of outstanding shares)

The scrutinizer's report was issued on June 26, 2026, and the electronic voting records will remain in the scrutinizer's safe custody until the Chairman approves and signs the Minutes. The report was countersigned by Ashok Shah, Chairman & CFO (DIN: 00254255).