Event Overview

Valley Magnesite Company Limited held its 38th Annual General Meeting (AGM) on 21 September 2026 at its registered office in Kolkata. The company submitted voting results and a scrutinizer's report to the stock exchanges as required under SEBI Listing Regulations and Companies Act, 2013.

Attendance Details

  • Total shareholders present in meeting (in person or through proxy): 46
  • Promoters and promoter group shareholders: 4
  • Public shareholders: 42
  • No shareholders attended through video conferencing
  • Total number of shareholders as of record date (14 September 2026): Not specified in quantitative terms

Voting Results

Resolution 1: Adoption of Financial Statements

To adopt audited Balance Sheet as at 31 March 2026, the audited financial statements for the year ended 31 March 2026 together with the Report of the Auditors and Board of Directors.

Voting Breakdown:

  • Total shares outstanding: 1,050,000
  • Total votes polled: 889,495 (84.71% of outstanding shares)
  • Votes in favor: 889,495 (100% of votes polled)
  • Votes against: 0

Promoter/Promoter Group Voting:

  • Shares held: 338,600
  • Votes polled: 338,600 (100% of shares held)
  • Votes in favor: 338,600 (100%)
  • Votes against: 0

Public Institutional Shareholders:

  • Shares held: 0
  • Votes polled: 0

Public Others:

  • Shares held: 711,400
  • Votes polled: 550,895 (77.43% of shares held)
  • Votes in favor: 550,895 (100%)
  • Votes against: 0
  • E-voting: 549,295 shares (77.21%)
  • Physical poll: 1,600 shares (0.22%)

The resolution was passed with requisite majority.

Resolution 2: Re-appointment of Director

Re-appointment of Mr. Gaurang Agarwalla (DIN: 06533183) who retires by rotation and being eligible offers himself for re-appointment.

Voting Breakdown:

  • Total shares outstanding: 1,050,000
  • Total votes polled: 889,495 (84.71% of outstanding shares)
  • Votes in favor: 889,495 (100% of votes polled)
  • Votes against: 0

Promoter/Promoter Group Voting:

  • Shares held: 338,600
  • Votes polled: 338,600 (100% of shares held)
  • Votes in favor: 338,600 (100%)
  • Votes against: 0

Public Institutional Shareholders:

  • Shares held: 0
  • Votes polled: 0

Public Others:

  • Shares held: 711,400
  • Votes polled: 550,895 (77.43% of shares held)
  • Votes in favor: 550,895 (100%)
  • Votes against: 0
  • E-voting: 549,295 shares
  • Physical poll: 1,600 shares

The resolution was passed with requisite majority.

Scrutinizer Report Details

  • Scrutinizer: Anand Khandelia, Company Secretary (CP No.: 5841, M. No.: 5803)
  • Scrutinizer address: 7/1A, Grant Lane, 2nd Floor, Room No. 206, Kolkata - 700 012
  • Remote e-voting period: 17 September 2026 (10:00 am) to 20 September 2026 (5:00 pm)
  • E-voting platform: Central Depository Services (India) Limited (CDSL)
  • Record date (cut-off date) for voting entitlement: 14 September 2026
  • Voting process was scrutinized in fair and transparent manner
  • All voting records remain in scrutinizer's custody until chairman approves and signs meeting minutes