Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Monte Carlo Fashions Limited
Meeting Details
- Type of Meeting: Annual General Meeting (AGM)
- Date of Meeting: Monday, September 28, 2026
- Time: 11:00 AM to 12:00 Noon IST
- Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
- Record Date: September 21, 2026
- Total Shareholders on Record Date: 30,286
Attendance Details
- Promoters/Promoter Group attended through VC: 21 members
- Public shareholders attended through VC: 35 members
- Total attendance through VC: 56 members
- No shareholders attended in person or through proxy
Voting Process and Methods
- Remote e-voting period: September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)
- Venue e-voting conducted during the AGM for those who hadn't voted remotely
- E-voting facility provided by Central Depository Services (India) Limited (CDSL)
- Votes were unblocked on September 28, 2026 at 12:00 PM in presence of two witnesses
- Scrutinizer: Pritpal Singh Dua (Company Secretary, Membership No. 4552) of P.S. Dua & Associates
- Scrutinizer appointed on: August 5, 2026
- Scrutinizer report date: September 29, 2026
Resolution Details and Voting Outcomes
The AGM considered and approved 10 resolutions:
Ordinary Business (Resolutions 1-5):
1. Adoption of Audited Standalone Financial Statements
- Total votes cast: 15,342,860 (74.0055% of outstanding shares)
- In favor: 15,342,821 (99.9997%)
- Against: 39 (0.0003%)
2. Adoption of Audited Consolidated Financial Statements
- Total votes cast: 15,342,860 (74.0055% of outstanding shares)
- In favor: 15,342,821 (99.9997%)
- Against: 39 (0.0003%)
3. Declaration of Dividend
- Total votes cast: 15,353,911 (74.0588% of outstanding shares)
- In favor: 15,353,872 (99.9997%)
- Against: 39 (0.0003%)
4. Re-appointment of Sh. Sandeep Jain (DIN: 00565760) as Director
- Total votes cast: 15,353,911 (74.0588% of outstanding shares)
- In favor: 15,353,857 (99.9996%)
- Against: 54 (0.0004%)
5. Re-appointment of Sh. Dinesh Gogna (DIN: 00498670) as Director
- Total votes cast: 15,353,911 (74.0588% of outstanding shares)
- In favor: 15,349,905 (99.9739%)
- Against: 4,006 (0.0261%)
Special Business (Resolutions 6-10):
6. Re-appointment of Sh. Jawahar Lal Oswal (DIN: 00463866) as Chairman & Managing Director
- Total votes cast: 15,248,852 (73.5520% of outstanding shares)
- In favor: 15,124,549 (99.1848%)
- Against: 124,303 (0.8152%)
- Invalid votes: 105,059
7. Re-appointment of Smt. Ruchika Oswal (DIN: 00565979) as Executive Director
- Total votes cast: 14,838,073 (71.5707% of outstanding shares)
- In favor: 14,838,019 (99.9996%)
- Against: 54 (0.0004%)
- Invalid votes: 515,838
8. Re-appointment of Smt. Monica Oswal (DIN: 00566052) as Executive Director
- Total votes cast: 14,838,074 (71.5707% of outstanding shares)
- In favor: 14,838,020 (99.9996%)
- Against: 54 (0.0004%)
- Invalid votes: 515,837
9. Re-appointment of Sh. Manikant Prasad Singh (DIN: 01790672) as Independent Director
- Total votes cast: 15,353,911 (74.0588% of outstanding shares)
- In favor: 15,353,841 (99.9995%)
- Against: 70 (0.0005%)
10. Re-appointment of Sh. Parvinder Singh Pruthi (DIN: 07481899) as Independent Director
- Total votes cast: 15,353,911 (74.0588% of outstanding shares)
- In favor: 15,353,855 (99.9996%)
- Against: 56 (0.0004%)
Shareholder Category-wise Voting Breakdown
- Promoter & Promoter Group: Held 15,169,619 shares (73.18%)
- Participation: 99.9967% of held shares voted
- Consistently voted 100% in favor of all resolutions
- Public Institutions: Held 539,344 shares (2.60%)
- Participation: 30.4991-32.5481% of held shares voted
- Voted 100% in favor for most resolutions except Resolution 5 (97.7487% in favor)
- Public Non-Institutions: Held 5,023,101 shares (24.22%)
- Participation: 0.1841% of held shares voted
- Generally voted over 99% in favor, with minor opposition
Scrutinizer's Findings and Conclusions
Pritpal Singh Dua confirmed:
- The e-voting process was conducted properly through CDSL
- All votes were scrutinized and results were accurately compiled
- No invalid votes were recorded for ordinary business resolutions
- Invalid votes were recorded for special business resolutions 6, 7, and 8
- The voting process complied with SEBI LODR Regulations and Companies Act requirements
Compliance Confirmation
The company confirmed compliance with:
- Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Section 108 of the Companies Act, 2013 read with Rules and Regulations made thereunder
- Companies (Management and Administration) Rules, 2014
Document Publication
The voting results and scrutinizer's report have been placed on:
- Company website: www.montecarlocorporate.com
- CDSL website: www.evotingindia.com
Additional Information
- Company CIN: L51494PB2008PLC032059
- NSE Symbol: MONTECARLO