Event Overview
Gufic Biosciences Limited conducted its 42nd Annual General Meeting (AGM) of equity shareholders on Friday, September 04, 2026, through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting was held pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Meeting Details
- Meeting Date: September 04, 2026
- Start Time: 3:30 PM (IST)
- End Time: 4:09 PM (IST)
- Duration: 39 minutes
- Mode: Virtual meeting through VC/OAVM conducted in accordance with MCA and SEBI circulars
Attendance
Shareholder Participation:
- Promoter and Promoter Group: 5 shareholders
- Public: 38 shareholders
- Total: 43 shareholders
Corporate Representation:
- Received 3 authorized representations with Board Resolutions/Power of Attorneys
- Representing 3,13,60,802 equity shares (31.27% of paid-up capital)
Key Attendees:
- Mr. Jayesh P. Choksi (Chairman & Managing Director) - chaired the meeting
- All Directors including committee chairpersons (Audit, Nomination and Remuneration, Stakeholders Relationship, CSR, Risk Management)
- Statutory Auditors: Mr. Deepesh Mittal, Partner at Mittal Agarwal & Co., Chartered Accountants
- Secretarial Auditors: Mr. Mannish Ghia, Partner at Manish Ghia & Associates
- Scrutinizer: Ms. Sandhya R. Malhotra, Partner at Manish Ghia & Associates
- Ms. Ami Shah, Company Secretary & Compliance Officer
Voting Procedures
- Remote e-voting facility provided through NSDL for all resolutions
- Scrutinizer: Manish Ghia & Associates appointed to scrutinize remote e-voting and e-voting during AGM
- Registers maintained under Sections 170 and 189 of Companies Act, 2013 were available for inspection via NSDL website weblink
- E-voting results and Scrutinizer's Report to be made available on BSE (www.bseindia.com), NSE (www.nseindia.com), company website (www.gufic.com), and NSDL website (www.evoting.nsdl.com) within 2 working days
Agenda Items and Resolutions
The following business items were presented for shareholder consideration:
Ordinary Business:
1. Adoption of Audited Standalone Financial Statements for FY2025-26 ending March 31, 2026, together with Reports of Board of Directors and Auditors thereon, and Audited Consolidated Financial Statements for FY2025-26 including Auditors' Report (Ordinary Resolution)
2. Declaration of Final Dividend @ 10% i.e., ₹0.10 per equity share of face value ₹1 each for Financial Year ended March 31, 2026 (Ordinary Resolution)
3. Appointment of director in place of Mr. Pranav J. Choksi (DIN: 00001731), who retires by rotation pursuant to Section 152(6) of Companies Act, 2013 and offers himself for re-appointment (Ordinary Resolution)
Special Business:
4. Ratification of remuneration payable to Poddar & Co. (FRN: 101734), Cost Auditors for Financial Year 2026-27 (Ordinary Resolution)
5. Re-appointment of Mr. Pankaj J Gandhi (DIN: 00001858) as Whole Time Director and Continuation of Directorship upon attaining age of 70 years (Special Resolution)
Financial and Operational Highlights
- Audit Status: All audit reports for FY2025-26 from Statutory Auditors and Secretarial Auditors contained no qualifications or adverse remarks
- Dividend Declaration: Final dividend of 10% (₹0.10 per share) declared for FY2025-26
- Corporate Governance: All required registers and documents were made available for shareholder inspection
Meeting Proceedings
- Mr. Pranav J. Choksi, CEO & Whole Time Director, provided business highlights and company performance overview
- Mr. Jayesh Choksi, Chairman & Managing Director, confirmed that the Notice dated July 31, 2026, and Annual Report for FY2025-26 had been electronically circulated to members
- Registered speakers asked queries and received clarifications from Mr. Pranav J. Choksi
- The Chairman expressed appreciation to all stakeholders for their trust and confidence in the company