Document Overview

This document contains the transcript of the 33rd Annual General Meeting (AGM) of Yash Management and Satellite Limited, held on Wednesday, 1st July 2026 at 4:00 PM through video conferencing/other audio-visual means.

Meeting Details

The 33rd AGM was convened as per notice circulated to members on 3rd June 2026. The meeting was held through video conferencing in compliance with the Companies Act, 2013 and circulars issued by the Ministry of Corporate Affairs and SEBI. Quorum was confirmed present by CDSL through video conference participation as per Section 103 of the Companies Act, 2013. Mr. Yash Gupta, Managing Director, was appointed as Chairman of the meeting.

Management Participants

The following management representatives attended the meeting:

  • Mr. Anurag Gupta – Chairman
  • Mr. Yash Gupta – Managing Director
  • Mrs. Navrati Gupta – Non-Executive Director
  • Mr. Hansraj Goyal – Independent Director
  • Mr. Sukdeo Agrawal – Independent Director
  • Mr. Pawan Agrawal – Independent Director (could not speak due to internet connection)
  • Mr. Omkar Pawar – Chief Financial Officer
  • Ms. Aditi Pandey – Company Secretary & Compliance Officer
  • Mr. BK Gupta – Statutory Auditor and Scrutinizer (attending from Pune)

Chairman's Address Highlights

Mr. Yash Gupta reported that the company recorded satisfactory operational performance during FY 2025-2026 despite global macroeconomic headwinds and volatile markets. The company remained committed to cost optimization, operational efficiency, and building long-term value, backed by a resilient Indian economy.

The management announced a strategic shift to strengthen existing business operations while actively exploring new, value-accretive business opportunities. To support this growth, the company is institutionalizing internal core capabilities by expanding the team with fresh, data-driven analyst talent.

Agenda Items

The meeting addressed two key agenda items:

1. Adoption of Financial Statements: The Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026 were presented for adoption. The Auditor's Report and Secretarial Auditor's Report contained no qualifications, observations, or comments on the company's functioning.

2. Appointment of Director: Mrs. Navrati Gupta, Non-Executive Director liable to retire by rotation, was recommended for re-appointment as a Director.

Voting Procedures

Voting was conducted electronically on the NSDL & CDSL platform prior to the meeting and remained open for 15 minutes after the meeting conclusion for those who hadn't voted. The combined results of remote e-voting and voting during the AGM were to be declared by the Chairman and posted on the company website, with intimation to BSE and CDSL.

Additional Meeting Details

The register of directors, key managerial personnel, and register of contracts/arrangements were made available electronically for inspection during the AGM. Members could request inspection via email at yashman@hotmail.com. The facility for appointment of proxies was not applicable for this video conference AGM.

A question and answer session was conducted for members who had registered as speakers in advance, with queries limited to one per speaker due to time constraints.