Venlon Enterprises Limited held its 42nd Annual General Meeting (AGM) on Friday, September 18, 2026, from 16:00 hours to 16:55 hours IST. The meeting was chaired by Mr. C.D. Datwani, Chairman of the company.
Meeting Proceedings
The meeting commenced after confirming the requisite quorum was present. Remote e-voting facility was provided to all members as of the cut-off date of Friday, September 11, 2026. The remote e-voting period was from Tuesday, September 15, 2026 at 9:00 AM IST to Thursday, September 17, 2026 at 5:00 PM IST. S.J. Madhwaraj, Advocate, was appointed as the scrutinizer for the e-voting process and voting at the venue through ballot paper.
Resolutions Transacted
The following six resolutions were put to vote and duly transacted:
1. Receipt, consideration, and adoption of the audited Balance Sheet as at March 31, 2026, audited Statement of Profit and Loss for the year ended March 31, 2026, audited cash flow statement as at March 31, 2026, and reports of the Board of Directors and Auditors thereon.
2. Appointment of a director in place of Mr. Chand Daulat Datwani (DIN: 00355181), who retires by rotation under Section 152(6) of the Companies Act, 2013 and offered himself for reappointment.
3. Approval for Related Party Transactions with Dechem Resins Limited.
4. Approval for Related Party Transactions with Krishna Enterprises Limited.
5. Approval for Related Party Transactions with Father & Son Investment Private Limited.
6. Approval for sale of asset of the Company pursuant to Section 180(1)(a) of the Companies Act, 2013 and Regulation 37A(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Voting Outcome
No members voted at the physical venue using ballot papers. The voting results will be declared separately and placed on the company's website, with communication to the stock exchange.