Meeting Details

  • Date: Thursday, October 08, 2026
  • Time: 03:00 P.M. (IST)
  • Location: Held through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Type of Meeting: Extraordinary General Meeting (EGM)
  • Deemed Venue: The Registered Office of the Company

Proposed Resolutions and Implications

The EGM considered one special resolution:

  • Item No. 1: Issuance of Equity Shares of the Company on a Preferential Basis.

This resolution was proposed to authorize the company to raise capital by issuing equity shares to a select group of investors on a preferential basis, a common method for fundraising.

Voting Process

  • Remote E-Voting: The company provided a remote e-voting facility managed by Kfin Technologies Limited (Kfintech).
  • Voting Window: Remote e-voting commenced on Sunday, October 4, 2026, at 09:00 AM IST and ended on Wednesday, October 7, 2026, at 5:00 PM IST.
  • E-Voting During Meeting: Shareholders who had not voted remotely were permitted to cast their votes during the EGM using an electronic voting system (Insta Poll). This facility remained open for 15 minutes after the meeting concluded.
  • Scrutinizer: Mr. Piyush Prajapati of M/s Piyush Prajapati & Associates, Practicing Company Secretaries, was appointed to scrutinize both the remote e-voting and the e-voting conducted during the EGM.

Key Voting Outcomes and Participation

  • The detailed voting results, including the total votes cast, percentage in favor and against, and a participation breakdown by shareholder category (Promoters, Public, Institutions), were not provided in this summary document.
  • It was confirmed that the voting results would be disseminated to the stock exchanges and uploaded on the company's website and the e-Voting platform of KFin Technologies Limited on or before October 10, 2026.

Scrutinizer's Role

The Scrutinizer, Mr. Piyush Prajapati, was responsible for the fair and accurate tabulation of all votes cast remotely and during the EGM. His findings and conclusions will be part of the final voting report to be published.

Compliance with Laws and Regulations

The meeting was conducted in strict compliance with:

  • Circular No. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs (MCA).
  • Circular No. SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133 dated October 3, 2024, issued by the Securities and Exchange Board of India (SEBI).
  • The applicable provisions of the Companies Act, 2013.
  • Proxy-related procedures were dispensed with as permitted for meetings held via VC.

Other Procedural Information

  • The meeting was chaired by Mr. Arun Axaykumar Kothari, Chairman of the Board.
  • The Notice of the EGM dated September 16, 2026, and a corrigendum dated September 30, 2026, were circulated to shareholders and taken as read.
  • A question-and-answer session was held where registered shareholders could speak, and others could submit questions via a chat box.
  • Mr. Kunal Bubna, Chief Financial Officer, addressed shareholder queries raised during the meeting and those received via email.
  • Statutory registers and documents referred to in the EGM notice were available for electronic inspection by shareholders upon request sent to cs@venuspipes.com.
  • The proceedings concluded at 03:43 P.M. (IST).