VRL Logistics Ltd

Meeting Details

The 43rd Annual General Meeting was held on Tuesday, 4th August 2026 at 1:00 PM at the registered office of the Company situated at RS.No.351/1, Varur, Post Chabbi, Taluk Hubballi, District Dharwad, Hubballi 581 207 (NH-4, Bengaluru Road, Varur).

The meeting commenced at 1:00 PM and concluded at 1:50 PM. A total of 69 members attended the meeting.

Documents Available for Inspection

The following documents were kept for inspection by members:

  • Notice of the 43rd Annual General Meeting
  • Board's report along with Annexures for the financial year ended on 31st March 2026
  • Audited Financial Statements along with Auditors' Report for the financial year ended on 31st March 2026
  • Statutory Registers under the Companies Act, 2013
  • Secretarial Audit Report
  • Corporate Governance Report and Compliance Certificate

Attendees

Directors Present:

1. Dr. Vijay Sankeshwar - Chairman and Managing Director

2. Dr. Anand Sankeshwar - Managing Director

3. Mr. L R Bhat - Whole Time Director

4. Mr. Shantilal Jain - Independent Director (Chairman of Audit and Nomination and Remuneration Committee)

5. Mr. Shankar Vasantrao Pinge - Independent Director (Chairman of Stakeholders Relationship Committee)

6. Dr. D.V. Guruprasad - Independent Director

7. Mr. Vinay J Javalii - Independent Director

8. Dr. (Mrs.) Shailaja Ambli - Independent Director

9. Mr. V A. Patil - Independent Director

10. Dr. Raghottam Akamanchi - Non-Executive Director

11. Dr. Ashok Shettar - Non-Executive Director

Key Managerial Personnel:

  • Mr. Suryil Nalavadi - Chief Financial Officer
  • Mr. Aniruddha Phadnavis - Company Secretary and Compliance Officer

Scrutinizer:

  • Mr. Akshay Pachlag - Proprietor, A.S. Pachlag & Co, Company Secretaries, Hubballi

Auditors Present:

  • Mr. Bharat Shetty - Partner, Walker Chandiok & Co LLP, Chartered Accountants, Mumbai
  • Mr. Khushroo B. Panthaky - Partner, Walker Chandiok & Co LLP, Chartered Accountants, Mumbai
  • Mr. R Parthasarathi - Secretarial Auditor

Voting Process

Remote e-voting commenced at 9:00 AM on 1st August 2026 and ended at 5:00 PM on 3rd August 2026. The Company engaged KFin Technologies Limited as the agency to provide e-voting facility and appointed Mr. Akshay Pachlag as scrutinizer for the voting process.

Agenda Items and Voting Results

Resolution 1: Adoption of Audited Financial Statements

  • Type: Ordinary Resolution
  • Promoter interest: No
  • Total shares: 17,49,36,990
  • Votes polled: 15,16,41,033 (86.6832% of outstanding shares)
  • Votes in favor: 15,16,41,025 (100.0000% of votes polled)
  • Votes against: 8 (0.0000% of votes polled)
  • Result: PASSED

Resolution 2: Re-appointment of Mr. L R Bhat

  • Type: Ordinary Resolution
  • DIN: 01875068
  • Promoter interest: No
  • Total shares: 17,49,36,990
  • Votes polled: 15,16,44,580 (86.6853% of outstanding shares)
  • Votes in favor: 15,16,01,016 (99.9713% of votes polled)
  • Votes against: 43,564 (0.0287% of votes polled)
  • Result: PASSED

Resolution 3: Re-appointment of Dr. Raghottam Akamanchi

  • Type: Ordinary Resolution
  • DIN: 07038738
  • Promoter interest: No
  • Total shares: 17,49,36,990
  • Votes polled: 15,16,44,580 (86.6853% of outstanding shares)
  • Votes in favor: 15,16,01,126 (99.9713% of votes polled)
  • Votes against: 43,454 (0.0287% of votes polled)
  • Result: PASSED

Resolution 4: Confirmation of Interim Dividend as Final Dividend

  • Type: Ordinary Resolution
  • Promoter interest: No
  • Total shares: 17,49,36,990
  • Votes polled: 15,16,44,634 (86.6853% of outstanding shares)
  • Votes in favor: 15,16,44,419 (99.9999% of votes polled)
  • Votes against: 215 (0.0001% of votes polled)
  • Result: PASSED

Resolution 5: Re-appointment of Dr. Vijay Sankeshwar as Chairman and MD

  • Type: Special Resolution
  • DIN: 00217714
  • Promoter interest: No
  • Total shares: 17,49,36,990
  • Votes polled: 15,16,44,580 (86.6853% of outstanding shares)
  • Votes in favor: 15,15,87,687 (99.9625% of votes polled)
  • Votes against: 56,893 (0.0375% of votes polled)
  • Result: PASSED

Resolution 6: Continuation of Mr. Virupaxagouda Patil as Director

  • Type: Special Resolution
  • DIN: 10395538
  • Promoter interest: No
  • Total shares: 17,49,36,990
  • Votes polled: 15,16,44,579 (86.6853% of outstanding shares)
  • Votes in favor: 15,16,18,679 (99.9829% of votes polled)
  • Votes against: 25,900 (0.0171% of votes polled)
  • Result: PASSED

Scrutinizer's Report

Mr. Akshay Pachlag submitted the consolidated scrutinizer's report confirming the voting results. The electronic data and relevant records relating to e-voting were handed over to the Company Secretary for preservation.

Additional Information

The proceedings of the 43rd AGM, voting results, and scrutinizer's report are hosted on the Company's website at www.vrllogistics.in and on the website of the Registrar and Transfer Agents at www.kfintech.com.