Date, Location, and Type of Meeting
The 41st Annual General Meeting of Tarmat Limited was held on Wednesday, September 30, 2026, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) facility in compliance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India. The meeting commenced at 02:00 p.m. (IST) and concluded at 02:50 p.m. (IST).
Meeting Proceedings and Attendees
Mr. Jerry Varghese, Chairman of the Company, chaired the meeting. The following board members attended:
- Mr. Dilip Varghese - Managing Director
- Mr. Amit Shah - Executive Director
- Dr. Kishanrao M. Godbole - Independent Director and Chairman of Audit Committee, Stakeholders' Relationship Committee and Nomination and Remuneration Committee
- Mr. K. K. Kinra - Independent Director
- Ms. Priyanka Sahani - Independent Director
Other attendees included:
- Mr. Manoj Shetty - Partner of Statutory Auditors M/s. Hegde & Associates
- Mr. Prashant Diwan - Secretarial Auditor & Scrutinizer for the remote e-voting and e-voting at the AGM
The statutory registers and relevant documents were available electronically for inspection by members. Shareholders were briefed on business updates including performance highlights for FY 2025-26.
Proposed Resolutions
The following eight resolutions were presented for voting:
Ordinary Business:
1. Consideration and adoption of (a) the audited standalone financial statement for FY ended March 31, 2026, and reports of Board of Directors and Auditors; and (b) the audited consolidated financial statement for FY ended March 31, 2026, and report of Auditors
2. Appointment of Mr. Dilip Varghese (DIN: 01424196), Managing Director who retires by rotation
3. Re-Appointment of M/s. Hegde & Associates (FRN 103610W) as Statutory Auditor for a Second Term of Five years
Special Business:
4. Payment of Remuneration to Mr. Jerry Varghese (DIN: 00012905) Non-Executive Director
5. Re-appointment and Remuneration to Mr. Dilip Varghese (DIN: 01424196) - Managing Director and Key Managerial Personnel
6. Re-appointment and Remuneration to Mr. Amit Atmaram Shah as Executive Director and Key Managerial Personnel
7. Re-appointment of Mr. Krishan Kumar Kinra as Independent and Non-Executive Director for a Second Term of Five years
8. Ratification of remuneration to be paid to Mr. Satish Shah, Cost Accountant, for FY 2026-27
Voting Process and Methods
Remote e-voting facility was provided to shareholders from Saturday, September 26, 2026 (09:00 a.m. IST) up to Tuesday, September 29, 2026 (05:00 p.m. IST). Facility of e-voting was also open during the meeting for equity shareholders who had not cast their votes through remote e-voting. The e-voting was conducted on the Big Share Services Pvt. Ltd. platform.
The Chairman authorized the e-voting facility to remain open for an additional 15 minutes after conclusion of discussions to enable members present at the meeting to cast their votes.
Voting Outcomes and Scrutinizer
Mr. Prashant Diwan served as the Scrutinizer for both remote e-voting and e-voting at the AGM. The combined voting results (remote e-voting and e-voting at the AGM) along with the Scrutinizer's Report will be disseminated to the websites of BSE and NSE and uploaded on the websites of the Company and Big Share Services Pvt. Ltd. within the statutory timeline prescribed under Regulation 44(3) of SEBI (LODR) Regulations, 2015.
Compliance Confirmation
The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India. The disclosure is made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.