Utique Enterprises Limited has issued a notice for its 40th Annual General Meeting (AGM) scheduled to be held on Wednesday, September 23, 2026 at 2:30 p.m. through Video Conferencing/Other Audio-Visual Means. The meeting will transact both ordinary and special business.

Ordinary Business

1. Adoption of Financial Statements: To consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2026 along with the reports of the Board of Directors and Auditors.

2. Director Appointment: To appoint Mr. Jayanty Rama Krishna Sarma (DIN: 00088327), who retires by rotation, as a Director of the Company.

Special Business

3. Reappointment of Whole-Time Director: To re-appoint Mr. Jayanty Rama Krishna Sarma as a Whole-Time Director, designated as an Executive Director, for a period of 5 years effective from September 27, 2026. The resolution is proposed as a Special Resolution.

Key Details of Director Reappointment

  • Term: 5 years effective September 27, 2026
  • Remuneration: Salary including perquisites and other allowances not exceeding ₹33,00,000 per annum
  • Gratuity: As per company rules
  • Other Benefits: Reimbursement of business travel, car, and communication expenses at actuals
  • Experience: Mr. Sarma has over 49 years of experience in banking, treasury, corporate laws, finance, audit, and secretarial functions
  • Current Age: 69 years (will attain 70 years on July 9, 2027)
  • Current Remuneration: ₹26,88,000 paid during FY 2025-2026
  • Shareholding: Nil as of March 31, 2026
  • Board Meetings: Attended 5 meetings during FY 2025-2026

Administrative Details

  • Record Date: The Register of Members and Share Transfer Books will remain closed from September 17, 2026 to September 23, 2026 (both days inclusive)
  • E-voting Period: Sunday, September 20, 2026 at 9:00 a.m. to Tuesday, September 22, 2026 at 5:00 p.m.
  • Scrutinizer: Mr. Umesh P. Maskeri, Practicing Company Secretary (ICSI Membership No. FCS 4831, COP No.12704)
  • RTA: Bigshare Services Private Limited
  • Documents Available: The notice and annual report are available on the company's website www.utique.in