Meeting Details
The 18th Annual General Meeting was held on Monday, July 6, 2026 through Video Conferencing/Other Audio Visual Means facility. The meeting commenced at 03:01 PM IST and concluded at 05:21 PM IST.
Attendance
Total shareholders as on cut-off date: 1,13,524
Shareholders attended through VC: 7 (Promoter & Promoter Group) + 120 (Public) = 127 shareholders
Directors and Officials Present
Chairman: Mr. Kishore Rajaram Chhabria (Non-Executive Chairman)
Managing Director: Mr. Amar Sinha
Other Directors Present: Mr. Shekhar Ramamurthy, Mrs. Resham Chhabria J Hemdev, Mr. Paul Henry Skipworth, Mr. Naseer Mukhtar Munjee, Mr. Vivek Anilchand Sett, Ms. Rukhshana Jina Mistry, Mr. Narayanan Sadanandan, Mr. Mehli Maneck Golvala, Mr. Maneck Navel Mulla, Mr. Arun Barik
Key Managerial Personnel: Mr. Ramakrishnan Ramaswamy (CFO), Mr. Sumeet Maheshwari (Company Secretary & Compliance Officer)
External Attendees
- M/s. Walker Chandiok & Co LLP, Chartered Accountants (Statutory Auditors)
- Mr. P. Kulothungan (Internal Auditor)
- Mr. Vaibhav Dandawate of M/s. Makarand M. Joshi & Co. (Scrutinizer)
- Mr. Balkrishan Pradhan of M/s. B.K. Pradhan & Associates (Secretarial Auditors)
Voting Process
Remote e-voting period: July 2, 2026 (9:00 AM) to July 5, 2026 (5:00 PM)
E-voting during AGM: Available for 15 minutes after meeting conclusion
Scrutinizer: Mr. Vaibhav Dandawate, Partner of M/s. Makarand M. Joshi & Co.
Voting facilitator: National Securities Depository Limited (NSDL)
Resolutions Passed
All ten resolutions were passed with requisite majority:
Ordinary Business
1. Adoption of Audited Standalone Financial Statements for FY26
- Votes in favor: 246,520,114 (99.9951%)
- Votes against: 12,201 (0.0049%)
2. Adoption of Audited Consolidated Financial Statements for FY26
- Votes in favor: 246,520,104 (99.9951%)
- Votes against: 12,201 (0.0049%)
3. Declaration of Dividend on Equity Shares for FY26
- Votes in favor: 246,520,254 (99.9951%)
- Votes against: 12,051 (0.0049%)
- Dividend amount not specified in disclosure
4. Re-appointment of Mr. Kishore Rajaram Chhabria (DIN: 00243244)
- Votes in favor: 246,448,859 (99.9662%)
- Votes against: 83,446 (0.0338%)
5. Re-appointment of Mrs. Bina Kishore Chhabria (DIN: 00243376)
- Votes in favor: 246,448,877 (99.9662%)
- Votes against: 83,428 (0.0338%)
Special Business
6. Appointment of Mr. Amar Sinha (DIN: 01488890) as Director
- Votes in favor: 246,448,877 (99.9662%)
- Votes against: 83,428 (0.0338%)
7. Appointment of Mr. Amar Sinha as Managing Director (June 1, 2026 to May 31, 2029)
- Votes in favor: 240,056,801 (97.3734%)
- Votes against: 6,475,504 (2.6266%)
8. Fundraising up to ₹1000 Crores
- Securities: Equity Shares, convertible securities, warrants, fully/partly convertible debentures, non-convertible debentures with warrants, convertible preference shares
- Methods: Public issue, rights issue, preferential allotment, private placement, QIP in one or more tranches
- Votes in favor: 246,518,716 (99.9945%)
- Votes against: 13,589 (0.0055%)
9. Increase Borrowing Limits to ₹1600 Crores under Section 180(1)(c)
- Votes in favor: 246,236,719 (99.8801%)
- Votes against: 295,586 (0.1199%)
10. Creation of Mortgage/Charge on Assets under Section 180(1)(a)
- Votes in favor: 246,236,285 (99.8800%)
- Votes against: 295,820 (0.1200%)
Shareholding Pattern
Total outstanding shares: 279,710,151
- Promoter & Promoter Group: 226,320,072 shares (80.91%)
- Public Institutions: 23,231,332 shares (8.31%)
- Public Non-Institutions: 30,158,747 shares (10.78%)
Voting Participation
Total votes polled: 246,532,315 shares (88.1385% of outstanding shares)
- Promoter & Promoter Group: 100% participation
- Public Institutions: 84.1684% participation
- Public Non-Institutions: 2.1844% participation
Additional Information
- No qualifications, observations, or adverse remarks in Auditors' Reports
- No invalid votes recorded
- All resolutions passed with requisite majority
- Documents available on company website: www.abdindia.com