Meeting Details

The 34th Annual General Meeting (AGM) of Swadha Nature Limited was held on Thursday, May 28, 2026, commencing at 11:30 AM IST and concluding at 03:30 PM IST. The meeting was conducted through video conferencing (VC)/other audio-visual means (OAVM) in compliance with MCA circulars (including Circular no. 09/2024 dated September 19, 2024, and Circular no. 03/2025 dated September 22, 2025) and SEBI circulars (including dated 5th January 2023, 13th May 2022).

Attendance and Leadership

Mr. Dipakkumar Shah, Managing Director (DIN: 08234203), chaired the meeting but was unable to speak due to a serious throat infection. His chairman's speech was conveyed and read out by Mr. Dhanesh Shah, Company Secretary, with Mr. Dipakkumar Shah's permission. The Company Secretary confirmed requisite quorum was present and introduced the directors and panelists.

Voting Arrangements

The company availed services of National Securities Depository Limited (NSDL) for conducting the meeting through video conferencing and for remote e-voting facilities. Remote e-voting was available from Monday, May 25, 2026, at 9:00 AM until Wednesday, May 27, 2026, at 5:00 PM. Members were also allowed to cast votes electronically during the meeting and up to 15 minutes after its conclusion.

Scrutinizer Appointment

Mrs. Rupal Patel, Practicing Company Secretary, was appointed as scrutinizer to scrutinize the remote e-voting process and voting through e-voting system at the AGM in a fair and transparent manner.

Documentation

Notice of the 34th AGM along with copy of Audited Financial Statements for the financial year ended March 31, 2026, together with Auditor's and Director's Reports, was emailed within statutory period to all shareholders whose email addresses were registered with the company or RTA or their Depository Participants as on Tuesday, April 28, 2026. These documents were also hosted on the company website (www.snl.in.net), BSE, and NSDL.

Financial Statements

The Audit Report on Financial Statements for the financial year ended March 31, 2026, does not contain any qualification, reservation, or adverse remarks.

Business Transacted

The following items of business were transacted at the meeting:

  • Item 1: Consideration and Adoption of the 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 (Ordinary Resolution)
  • Item 2: Re-appointment of Mr. Dipakkumar Shah (DIN: 08234203), Director, who retires by rotation and being eligible, offers himself for re-appointment (Ordinary Resolution)
  • Item 3: Consideration and approval of the Scheme of Capital Reduction of the Company (Special Resolution)
  • Item 4: Appointment of Secretarial Auditor of the Company for the term of 5 consecutive years (Special Resolution)

Shareholder Participation

No shareholders raised any queries during the 34th Annual General Meeting.

Voting Results

The results of voting were to be announced within 48 hours of conclusion of the meeting and displayed on the company website, NSDL, and stock exchanges.