Meeting Details
The 41st Annual General Meeting of Systematix Corporate Services Limited was held on Tuesday, September 22, 2026, at 11:00 a.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting was conducted in compliance with multiple MCA circulars (No. 14/2020, 17/2020, 20/2020, 02/2021, 19/2021, 21/2021, 2/2022, 10/2022, 09/2023, 09/2024, and 03/2025), the Companies Act, 2013, SEBI Listing Regulations, and Secretarial Standards.
Attendance and Proceedings
Mr. Divyesh Badiyani, Company Secretary, welcomed members and confirmed the meeting was held virtually as per regulatory allowances. Mr. Nikhil Khandelwal, Chairman & Managing Director, commenced the proceedings. All directors introduced themselves and confirmed presence from respective locations. The company confirmed requisite quorum was present.
Voting Information
Remote e-voting was available to members from Saturday, September 19, 2026, at 9:00 a.m. to Monday, September 21, 2026, at 5:00 p.m. E-voting facility was also provided during the AGM for members who had not voted remotely. Mrs. Sonam Jain was appointed as the Scrutinizer to scrutinize the remote e-voting and e-voting process. The combined voting results and Scrutinizer's Report will be notified to stock exchanges and uploaded on the company's website in due course.
Business Overview and Financial Performance
The Chairman provided an overview of the company's business and financial performance for the financial year ended March 31, 2026. No specific financial figures were disclosed in this document.
Auditor Reports
M/s. Shah & Taparia, Statutory Auditors, and Mrs. Sonam Jain, Secretarial Auditor, reported no qualifications, reservations, adverse remarks, or disclaimers in their audit reports for the year ended March 31, 2026. Their reports were taken as read.
Resolutions Transacted
Ordinary Businesses:
1. Adoption of Standalone and Consolidated Audited Financial Statements for FY 2025-26, together with reports of Directors and Auditors (Ordinary Resolution).
2. Declaration of Final Dividend of ₹0.10 (Ten Paise Only) (10%) per equity share of ₹1 face value for FY 2025-26 (Ordinary Resolution).
3. Re-appointment of Mrs. Anju Khandelwal (DIN: 00474604), who retired by rotation and offered herself for re-appointment (Ordinary Resolution).
Special Business:
4. Re-appointment of Mr. Nikhil Khandelwal as Managing Director for a period of 3 years (Special Resolution).
Member Interaction
No queries or questions were raised by members during the meeting. Members who had not voted were given 15 minutes after the conclusion of the meeting to cast their votes on the CDSL e-voting system.
Meeting Conclusion
The AGM concluded at 11:13 a.m. The voting results pursuant to Regulation 44(3) of SEBI Listing Regulations and the Scrutinizer's Report pursuant to Section 108 of the Companies Act, 2013, and Rule 20 of the Companies (Management and Administration) Rules, 2014, will be submitted in due course.