Vishal Bearings Limited submitted the voting results and scrutinizer's report for its 35th Annual General Meeting (AGM) held on Saturday, September 19, 2026 at 11:00 AM through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting concluded at 11:36 AM.

The submission was made to BSE Limited pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended.

Scrutinizer Details

Keyur Ghelani, Company Secretary (Membership Number: 33400) of M/s K.P Ghelani & Associates, was appointed as scrutinizer on August 27, 2026, and issued the report on September 19, 2026.

Voting Results

Three ordinary resolutions were considered at the AGM:

Resolution 1: TO RECEIVE, CONSIDER AND ADOPT THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026 TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON.

  • Total shares voted: 5,572,052 (100% of outstanding shares)
  • Votes in favor: 5,572,051 (100% of votes polled)
  • Votes against: 1 (0.0001% of votes polled)
  • Resolution: PASSED

Resolution 2: TO APPOINT A DIRECTOR IN PLACE OF MR. DIVYESHKUMAR HIRALAL CHANGELA (DIN: 00247364) WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR REAPPOINTMENT.

  • Promoter group was interested in this resolution
  • Total shares voted: 5,572,052 (100% of outstanding shares)
  • Votes in favor: 5,571,921 (99.9976% of votes polled)
  • Votes against: 131 (0.0024% of votes polled)
  • Resolution: PASSED

Resolution 3: TO APPROVE REMUNERATION OF COST AUDITOR OF THE COMPANY

  • Total shares voted: 5,572,052 (100% of outstanding shares)
  • Votes in favor: 5,571,921 (99.9865% of votes polled)
  • Votes against: 131 (0.0135% of votes polled)
  • Resolution: PASSED

Shareholding Pattern

  • Promoter and Promoter Group: 4,598,875 shares (82.55%)
  • Public Non-Institutions: 973,177 shares (17.45%)
  • Public Institutions: 0 shares

Scrutinizer Report Details

The remote e-voting was conducted through Kfin Technologies Limited from Wednesday, September 16, 2026 at 09:00 AM IST to Friday, September 18, 2026 at 05:00 PM IST. The cut-off date for determining members entitled to vote was Friday, September 11, 2026.

Votes were unblocked on September 19, 2026 at approximately 12:16 PM IST in the presence of two witnesses: Ms. Shivali Kotadiya and Mr. Hiren Ajagiya, who are not employees of the company.

Voting Participation

For Resolution 1:

  • 42 members voted through remote e-voting with 5,262,601 shares (99.9999% in favor)
  • 3 members voted through VC/OAVM with 309,450 shares (0% against)
  • 1 member voted against through remote e-voting with 1 share (0.0001%)

For Resolution 2:

  • 41 members voted in favor through remote e-voting with 5,262,417 shares (99.9865%)
  • 3 members voted in favor through VC/OAVM with 309,450 shares
  • 2 members voted against through remote e-voting with 131 shares (0.0135%)

For Resolution 3:

  • 41 members voted in favor through remote e-voting with 5,262,471 shares (99.9865%)
  • 3 members voted in favor through VC/OAVM with 309,450 shares
  • 2 members voted against through remote e-voting with 131 shares (0.0135%)

There were no invalid votes recorded for any resolution.

The document was signed by Dilip Changela, Managing Director (DIN: 00247302), and the scrutinizer report was digitally signed by CS Keyur Ghelani, Proprietor of K.P Ghelani & Associates.