Meeting Details

The 49th Annual General Meeting (AGM) of the company was a Court Convened meeting held physically on Wednesday, 30th September 2026. It commenced at 3:30 PM and concluded at 6:00 PM at the company's Registered Office: Valecha Chambers, 4th floor, Plot No. B-6, New link Road, Andheri (W), Mumbai 400053. A total of 35 members attended the meeting physically.

Summary of Proposed Resolutions

Five ordinary resolutions were proposed for shareholder approval:

1. Item No. 1: Adoption of the Audited Financial Statements and the Audited Consolidated Financial Statements for the year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors.

2. Item No. 2: Re-appointment of Mr. Pradeep Khandagale (DIN: 01124220) as a Director who retired by rotation.

3. Item No. 3: Appointment of Ms. Sheuli Sandeep Mukharjee (DIN: 11862995) as a Non-Executive and Independent Director.

4. Item No. 4: Re-appointment of the Statutory Auditors.

5. Item No. 5: Appointment of the Secretarial Auditor.

Voting Process and Methods

The company provided a remote e-voting facility to its members through National Securities Depositories Limited (NSDL). The remote e-voting period commenced on Sunday, 27th September 2026 at 9:00 AM IST and ended on Tuesday, 29th September 2026 at 5:00 PM IST. Voting was also kept open during the conduct of the AGM for members present physically who had not voted electronically. The cut-off date for determining voting rights was Wednesday, 16th September 2026.

Key Voting Outcomes

Overall Participation

A total of 48 members cast their votes across all methods (remote and physical), representing 2,14,56,002 equity shares.

Resolution-wise Results

  • Item No. 1 - Adoption of Financial Statements:
  • Total Votes Cast: 2,14,56,002
  • Votes in Favor: 2,14,55,857 (99.9993%)
  • Votes Against: 145 (0.0007%)
  • Item No. 2 - Re-appointment of Mr. Pradeep Khandagale:
  • Total Votes Cast: 2,14,56,002
  • Votes in Favor: 2,14,55,857 (99.9993%)
  • Votes Against: 145 (0.0007%)
  • Item No. 3 - Appointment of Ms. Sheuli Sandeep Mukharjee:
  • Total Votes Cast: 2,14,56,002
  • Votes in Favor: 2,14,55,857 (99.9993%)
  • Votes Against: 145 (0.0007%)
  • Item No. 4 - Re-appointment of Statutory Auditors:
  • Total Votes Cast: 2,14,56,002
  • Votes in Favor: 2,14,55,857 (99.9993%)
  • Votes Against: 145 (0.0007%)
  • Item No. 5 - Appointment of Secretarial Auditor:
  • Total Votes Cast: 2,14,55,563
  • Votes in Favor: 2,14,55,418 (99.9993%)
  • Votes Against: 145 (0.0007%)

All five ordinary resolutions were passed with the requisite majority.

Scrutinizer's Role and Findings

Ms. Ragini Chokshi, Partner of M/s. Ragini Chokshi & Co., was appointed as the Scrutinizer to scrutinize both the remote e-voting and the physical voting process conducted during the AGM. Her responsibility was to ascertain the requisite majority for the resolutions in a fair and transparent manner based on the reports generated from NSDL's e-Voting system. The votes cast through e-voting were unblocked after the AGM in the presence of two witnesses, Ms. Khushi Morsawala and Mr. Parv Jain. The Scrutinizer confirmed that all resolutions were passed.

Compliance Confirmation

The document confirms compliance with Section 107 and 108 of the Companies Act, 2013, and Regulation 44 of the SEBI (LODR) Regulations, 2015. The notice of the AGM was dispatched to shareholders on September 4, 2026, and newspaper advertisements were published in Active Times (English) and Mumbai Mitra (Marathi) on September 11, 2026. The notice was also hosted on the company's website (www.valecha.in) and uploaded on the stock exchange websites (BSE and NSE).