Meeting Details
The 60th Annual General Meeting of Century Enka Limited was held on Thursday, 20th August 2026 at 2:30 P.M. (IST) through Video Conferencing/Other Audio Video Visual means. The record date for determining shareholders entitled to vote was Thursday, 13th August 2026, with 39,275 shareholders on record.
Proposed Resolutions and Implications
Six resolutions were proposed and approved:
1. Adoption of Audited Standalone Financial Statements for FY ended 31st March 2026, together with Reports of Board of Directors and Auditors
2. Adoption of Audited Consolidated Financial Statements for FY ended 31st March 2026, with Auditor's Report
3. Declaration of dividend on equity shares for FY ended 31st March 2026
4. Appointment of M/s. Singhi & Co., Chartered Accountants (FRN: 302049E) as Statutory Auditor for first term of 5 consecutive years
5. Re-appointment of Mrs. Rajashree Birla (DIN: 00022995) as Director (Special Resolution)
6. Re-appointment of Mr. Suresh Sodani (DIN: 08789604) as Managing Director & CEO for 2 years from 1st April 2027 to 31st March 2029
7. Ratification of Remuneration of Cost Auditors for FY ending 31st March 2027
Voting Process and Methods
The voting was conducted through:
- Remote e-voting via NSDL from Sunday, 16th August 2026 at 9:00 AM IST to Wednesday, 19th August 2026 at 5:00 PM IST
- E-voting during the AGM on 20th August 2026
The scrutinizer was Chetan Maru, Chartered Accountant and Partner of Mantri Maru & Co., appointed to ensure fair and transparent electronic voting process.
Key Voting Outcomes
Overall Participation:
- Total outstanding shares: 21,850,589
- Total votes polled: 9,165,281 shares (41.9452% of outstanding shares)
- 67 shareholders attended through video conferencing (6 Promoter Group, 61 Public)
Resolution-wise Results:
Resolution 1: Adoption of Financial Statements (Ordinary)
- Total votes: 9,130,202 (41.7847% participation)
- In favor: 9,129,678 (99.9943%)
- Against: 524 (0.0057%)
- Passed: Yes
Resolution 2: Dividend Declaration (Ordinary)
- Total votes: 9,165,281 (41.9452% participation)
- In favor: 9,164,758 (99.9943%)
- Against: 523 (0.0057%)
- Passed: Yes
Resolution 3: Auditor Appointment (Ordinary)
- Total votes: 9,165,281 (41.9452% participation)
- In favor: 9,164,502 (99.9915%)
- Against: 779 (0.0085%)
- Passed: Yes
Resolution 4: Re-appointment of Mrs. Rajashree Birla (Special)
- Total votes: 9,165,281 (41.9452% participation)
- In favor: 8,817,529 (96.2058%)
- Against: 347,752 (3.7942%)
- Passed: Yes
Resolution 5: Re-appointment of Mr. Suresh Sodani (Ordinary)
- Total votes: 9,165,281 (41.9452% participation)
- In favor: 9,121,994 (99.5277%)
- Against: 43,287 (0.4723%)
- Passed: Yes
Resolution 6: Cost Auditor Remuneration (Ordinary)
- Total votes: 9,165,281 (41.9452% participation)
- In favor: 9,164,502 (99.9915%)
- Against: 779 (0.0085%)
- Passed: Yes
Category-wise Breakdown:
Promoter and Promoter Group (5,433,048 shares):
- 100% participation through e-voting on all resolutions
- 100% votes in favor on all resolutions
Public Institutions (2,538,181 shares):
- 83.42% participation through e-voting
- Varied voting patterns on director appointments
Public Non-Institutions (13,879,360 shares):
- 11.64% participation through e-voting
- High approval rates (>99.9%) on most resolutions
Scrutinizer's Role and Findings
Chetan Maru of Mantri Maru & Co. (FRN 118690W) was appointed as scrutinizer. He confirmed:
- The e-voting process was conducted fairly and transparently
- Votes were unblocked on 20th August 2026 in presence of two independent witnesses
- All necessary entries were maintained in accordance with rules
- The results reflect the genuine outcome of the voting process
Compliance Confirmation
The company confirmed compliance with:
- Section 108 of the Companies Act, 2013
- Rule 20 of the Companies (Management and Administration) Rules, 2014
- SEBI Listing Regulations
- Various MCA Circulars regarding electronic voting and meeting procedures