Meeting Details
The 54th Annual General Meeting (AGM) of Alps Industries Limited was held on Wednesday, September 30, 2026, through Video Conferencing (VC)/Other Audio Visual Means (OAVM) facility. The meeting was conducted virtually as per MCA Circulars.
Proposed Resolutions and Implications
Two ordinary resolutions were proposed for shareholder approval:
Resolution No. 1: To consider, approve and adopt the Audited Balance Sheet for the financial year ended on 31st March, 2026, the Statement of Profit and Loss Account and Cash Flow for the year ended on that date and the Reports of the Board of Directors and Auditors thereon.
Resolution No. 2: Re-appointment of Mr. Sanjeev Khanna, Non-Executive Non-Independent Director (DIN: 11083364), who retires by Rotation and being eligible, offers himself for reappointment.
Voting Process and Methods
The voting process consisted of two components:
- Remote e-voting: Commenced on Sunday, September 27, 2026 at 10:00 A.M. and ended on Tuesday, September 29, 2026 at 5:00 P.M.
- E-voting at AGM: Facility made available during the AGM for members who did not cast their vote through remote e-voting prior to the AGM
The company engaged Central Depository Services (India) Ltd. (CDSL) to facilitate the e-voting process through arrangement with M/s Alankit Assignments Limited. The cut-off date for determining voting rights was Wednesday, September 23, 2026.
Key Voting Outcomes
Resolution No. 1 - Financial Statements Approval
Total Votes Cast:
- Equity Shares: 9,062,554 votes
- Preference Shares: 6,990,652 votes (99.99%)
Voting Results:
- In Favor: 9,062,554 equity shares (100%) and 6,990,652 preference shares (99.99%)
- Against: 0 equity shares and 0.1% preference shares
- Number of members voting: 8 equity shareholders, 0 preference shareholders
Resolution No. 2 - Director Reappointment
Total Votes Cast:
- Equity Shares: 9,057,054 votes
- Preference Shares: 6,990,652 votes (100%)
Voting Results:
- In Favor: 9,057,054 equity shares (99.93%) and 6,990,652 preference shares (100%)
- Against: 6,542 equity shares (0.07%) and 0 preference shares
- Number of members voting: 9 equity shareholders, 0 preference shareholders
Both resolutions were passed by way of Ordinary Resolution.
Scrutinizer's Role and Findings
Mr. Rajiv Khosla, Proprietor of M/s Rajiv Khosla & Associates, Practicing Company Secretaries, was appointed as Scrutinizer by the Board of Directors on August 13, 2026. His responsibilities included:
- Conducting the Remote e-Voting and e-voting at AGM process
- Scrutinizing the voting process for both resolutions
- Submitting the detailed report on voting results
The scrutinizer confirmed that there were no invalid votes due to the e-voting process only.
Compliance Confirmation
The process was conducted in compliance with:
- Section 108 of the Companies Act, 2013
- Rule 20 & 21 of the Companies (Management and Administration) Rules, 2015
- Circulars and notifications issued by MCA/SEBI from time to time
- Rule 20(4)(v) of the Companies (Management and Administration) Rules 2014
The Notice dated August 13, 2026, convening the Annual General Meeting along with statement setting out material facts under Section 102 of the Act were sent to shareholders' email IDs and uploaded on websites as per MCA circulars.
Signatories and Roles
- Ajay Gupta, Company Secretary & Assistant Vice President - Legal: Submitted the report to exchanges
- Rajiv Khosla, Practicing Company Secretary: Prepared and signed the scrutinizer report
- Chairman of the meeting: Approved, accepted and countersigned the report
The Register, all other papers and relevant records relating to electronic voting were handed over to the Company Secretary for safe keeping until the Chairman considers, approves and signs the Minutes of the AGM.
Additional Information
Company CIN: L51109UP1972PLC003544
Scrutinizer Contact: Rama Chandra Residency, Plot No.126, G-1, Ground Floor, Rajender Nagar Sector-5, Near Khaitan Public School Gate No. 2, Sahibabad, District Ghaziabad-201005, Uttar Pradesh