Surat Trade and Mercantile Limited has submitted the scrutinizer's consolidated report for its 80th Annual General Meeting (AGM) held on September 22, 2026. The meeting was conducted through Video Conference/Other Audio Visual Means (VC/OAVM) and commenced at 3:30 PM IST, concluding at 4:00 PM IST.
The company provided voting facilities through both remote e-voting and e-voting at the AGM (Insta-poll) using services from Kfin Technologies Limited (formerly Kfin Technologies Private Limited). The remote e-voting period ran from September 19, 2026 (9:00 AM) to September 21, 2026 (5:00 PM), with the cut-off date for member eligibility being September 15, 2026.
Mr. Jigar Vyas (FCS No. 8019, CP No. 14468) of Jigar Vyas & Associates, Practicing Company Secretaries, Surat, was appointed as the scrutinizer to oversee the voting process in a fair and transparent manner.
Voting Results
Resolution 1: Adoption of Audited Financial Statements
- Item No. 1: Adoption of audited financial statements for the year ended March 31, 2026, and reports of Board of Directors and Auditors thereon (Ordinary Resolution)
- Votes in favor: 152,261,413 (100.000%)
- Votes against: 17 (0.000%)
- Invalid/Abstained votes: 100
- Result: Passed with requisite majority
Resolution 2: Appointment of Director
- Item No. 2: Appointment of Mr. Alok Shah P. (DIN: 00218180), who retires by rotation as a Director (Ordinary Resolution)
- Votes in favor: 62,873,023 (99.9993%)
- Votes against: 417 (0.0007%)
- Invalid/Abstained votes: 89,382,090
- Result: Passed with requisite majority
Resolution 3: Re-appointment of Independent Director
- Item No. 3: Re-appointment of Mr. Deepak Shah N. (DIN: 07356807) as Independent Director of the company (Ordinary Resolution)
- Votes in favor: 152,261,013 (99.9997%)
- Votes against: 417 (0.0003%)
- Invalid/Abstained votes: 100
- Result: Passed with requisite majority