Meeting Details
- Date: Wednesday, 30th September, 2026
- Time: 11:00 A.M. to 11:25 A.M. (25-minute duration)
- Location: Vyanjan Banquet Hall, 46, First Floor, Oshiwara Link Plaza, Next to Oshiwara Police Station, Near Maheshwari Bhawan, above Vyanjan Sweets, Link Road, Extn, Andheri (West), Mumbai-400102
- Type of Meeting: 43rd Annual General Meeting
- Quorum: The requisite quorum for the Meeting was present
Proposed Resolutions and Implications
The following five resolutions were proposed and seconded by members:
1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March, 2026 and the Reports of the Board of Directors and the Auditors thereon
2. Ordinary Resolution: To appoint a director in place of Mr. Vikramjit Singh Gill (DIN: 08875328), who retires by rotation and being eligible, offers himself for reappointment
3. Ordinary Resolution: To Appointment of Statutory Auditor
4. Ordinary Resolution: To approve Material Related Party Transactions
5. Special Resolution: Approval of the Composite Scheme of Arrangement between Visagar Polytex Limited and its Shareholders
Voting Process and Methods
- Remote e-voting period: Commenced on 27th September, 2026 (9:00 am) and ended on 29th September, 2026 (5:00 pm)
- Voting methods: Remote e-voting & Voting at AGM through Ballot Paper
- All resolutions were voted upon through both remote e-voting and physical ballot paper at the AGM
Compliance and Signatories
- The disclosure is signed by Tilokchand Kothari, Managing Director (DIN: 00413627)
- The company confirms compliance with applicable laws and regulations through this submission to the stock exchanges
Additional Information
The meeting was concluded within 25 minutes, indicating all agenda items were addressed efficiently. The composite scheme of arrangement represents a significant corporate action requiring special resolution approval from shareholders.